Canadian Tire Corporation Ltd. (A) (CTC.A.TO)…

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Canadian Tire Corporation Ltd. (A) (CTC.A.TO)

199.65

-0.65 (0.32%)

as of Aug 14, 2026, 4:40:57 pm Market Open.

342 watching

Investor Insights

Aug 13, 2026, 12:00 am

This summary was created by AI, based on 7 opinions in the last 12 months.

The Canadian Tire Corporation Ltd. (CTC.A) is viewed as a solid but unexciting investment by several experts. While the company has shown notable growth, particularly with a recent 38% year-over-year increase in earnings per share, concerns about consumer spending and overall economic health persist, particularly given its discretionary nature. Analysts suggest that although CTC.A is undergoing a transformation showing positive results, it might be at its peak price target range, making it a good time to consider profit-taking. There is a cautious outlook on the stock due to its reliance on consumer sentiment, with comparisons drawn to competitors like DOL, which show more defensive characteristics in their profiles. It remains well-covered in the market, and while the dividend yield is solid, some analysts caution against initiating new positions in discretionary stocks like Canadian Tire amidst economic uncertainties.

Consensus

Hold

Valuation

Fair Value

Similar

DOL, DOL

BUY

The weather is in their favour--a snowy winter. Their valuation is fair, around 10x. Will continue to do well longer-term. It's struggled the last couple years to keep up, but recently has done well. He owns little pure retail, but this is a good bet long term.

WEAK BUY

Manulife vs. Canadian Tire as a dividend play He nearly made MFC a top pick today. He'd certainly buy. They just hiked their dividend and in the US they offloaded a lot of long-term risk. He through the market would have been more positive about the latter. Pays a 5.5% dividend now. Catalysts are head driven by new managers. He prefers MFC over Canadian Tire which faces rising input costs, lots of competition and weaker management. That said, CT is a decent investment.

DON'T BUY

Benefited during Covid, as their stores could stay open. Consumers were focused on buying goods then, but are now transitioning to services. Growth is domestic, just in Canada. She's not looking to add it to her portfolio.

DON'T BUY

Future concerns him. Supply chain issues, cost inflation on goods and labour, massive pull forward in durable goods right now. There are only so many durable goods (such as vacuum cleaners) people need, and then demand drops off. One positive is vehicle repair, but he's firmly on the sidelines.

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They have survived competition and recessions. They are well positioned. Stock price remains cheap at 11x earnings. The dividend has grown nicely. Balance sheet looks okay with the last quarter showing 30% better than expected on EPS. Unlock Premium - Try 5i Free

HOLD

They've been awfully impressive this last year. They have limited growth, being stuck in Canada. Good dividend. If he owned it, he'd hold. Other areas of the market have more upside. One you don't lose sleep over. They have capital to make some kind of acquisition.

WAIT

Durable goods has had a boom. We are probably past the best point of that. Would be cautious on their YOY trend. This drives the momentum in the stock price. Faster money investors hop on the trend and leaves to push down the price. The dividend has improved and increased at a good pace. There could be an intersection where share prices fall and dividends increase. Start a position when this happens.

WAIT

Tends to perform well in late January into April, which it did this year. Recent pullback. Well positioned in terms of products. Click and collect set the trend. Hold off right now. During its next seasonality, it should perform well.

TOP PICK

Pays a 2.5% dividend, but generates a lot of cash flow at 17.1% cash flow yield. Earnings to grow 14% in 2022 or 11.7x PE. Analysts have bumped up earnings estimates by 2% in the past 90 days. An analyst today said this is trading at historic oversold levels in the past decade. (Analysts’ price target is $190.58)

HOLD

When Walmart arrived in Canada, he felt that CTC was untouchable. It's the go-to place for smaller Canadian communities. Their stores remained open during the lockdown. CTC is trading around $165 and is a solid hold. As the economy reopens, people will spend elsewhere, though. You can buy this on a $10-20 pullback. Aritzia is a better bet though.

COMMENT

It's one of the best survivors in retail. They held their own against Walmart. Great job diversifying into Sportscheck and Marks Work Warehouse. They have the goods that people want, so have benefitted from the pandemic. But the stock has recovered a lot. Trades at a 10x earning basis, so cheap. That said, there are better retailers, like ATD'B. CTC.A is well-diversified, though.

HOLD

Hard to analyze. Retail broadly is going through a change. One of the few allowed to stay open during the pandemic, so demand was pulled forward, but may taper off in coming years. Can they rework their retail model? Hold it at this price, but not willing to put new money in at these levels.

DON'T BUY

It has benefited as their stores were deemed essential services. Traffic has increased in the past year. It is trading at a reasonable multiple, but she feels they are limited in geographical scope.

WATCH

They have a multi-brand retail platform with well recognized brands. The retail offering is less compelling compared to their competition. It could be a value trap with 10x forward earnings. It could take them longer to strengthen their online offering.

BUY ON WEAKNESS

He has never purchased this, even though watching it for along time. The recent price rebound may be getting ahead of itself again, he thinks. The company has good assets and strategy, but is fighting an uphill battle in how retail is changing. They have done a good job on the dividend yield given how mature the company is. Not what he is looking for now at this valuation.

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Canadian Tire Corporation Ltd. (A) (CTC.A.TO)