What is Scotiabank’s Estimate for TSE:LIF FY2026 Earnings?

Labrador Iron Ore Royalty Co. (TSE:LIF) – Equities research analysts at Scotiabank raised their FY2026 earnings per share (EPS) estimates for Labrador Iron Ore Royalty in a report issued on Thursday, June 18th. Scotiabank analyst O. Wowkodaw now forecasts that the company will post earnings per share of $1.57 for the year, up from their previous forecast of $1.18. The consensus estimate for Labrador Iron Ore Royalty’s current full-year earnings is $3.74 per share.

Separately, TD Securities reduced their target price on shares of Labrador Iron Ore Royalty from C$30.00 to C$29.00 and set a “hold” rating for the company in a report on Friday, March 13th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of C$29.50.

Labrador Iron Ore Royalty Price Performance

LIF stock opened at C$28.36 on Monday. Labrador Iron Ore Royalty has a 1 year low of C$26.21 and a 1 year high of C$31.97. The company has a market cap of C$1.82 billion, a P/E ratio of 19.56, a price-to-earnings-growth ratio of 0.94 and a beta of 0.34. The stock’s fifty day moving average price is C$28.40 and its 200-day moving average price is C$29.50.

Labrador Iron Ore Royalty (TSE:LIF) last posted its earnings results on Monday, May 4th. The company reported C$0.21 EPS for the quarter. The business had revenue of C$35.75 million during the quarter. Labrador Iron Ore Royalty had a return on equity of 14.38% and a net margin of 55.72%.

Labrador Iron Ore Royalty Company Profile

Labrador Iron Ore Royalty Corporation is a Canadian corporation. The company generates all of its revenue from its equity investment in Iron Ore Company of Canada, (IOC) and its IOC royalty and commission interests. IOC operates a major iron mine near Labrador City, Newfoundland, and Labrador on lands leased from LIORC. Directly and through its wholly-owned subsidiary, Hollinger-Hanna, LIORC owns an equity interest in IOC and receives gross overriding royalty on all iron ore products produced from the leased lands that are sold and shipped by IOC and commission on IOC’s sales of iron ore.