FY2026 Earnings Estimate for NFI Group Issued By Scotiabank

NFI Group Inc. (TSE:NFI) – Equities researchers at Scotiabank reduced their FY2026 earnings per share estimates for shares of NFI Group in a research note issued on Thursday, May 14th. Scotiabank analyst J. Goldman now forecasts that the company will post earnings of $1.11 per share for the year, down from their previous forecast of $1.19. Scotiabank has a “Sector Outperform” rating and a $25.00 price objective on the stock. The consensus estimate for NFI Group’s current full-year earnings is $1.28 per share. Scotiabank also issued estimates for NFI Group’s FY2027 earnings at $1.30 EPS.

NFI Group (TSE:NFI) last released its earnings results on Thursday, May 7th. The company reported C$0.25 earnings per share for the quarter. NFI Group had a negative return on equity of 22.22% and a negative net margin of 3.32%.The company had revenue of C$1.17 billion for the quarter.

Several other equities analysts have also recently weighed in on the company. ATB Cormark Capital Markets lifted their target price on NFI Group from C$27.00 to C$28.00 and gave the company an “outperform” rating in a research note on Friday, March 13th. Stifel Nicolaus lifted their target price on NFI Group from C$25.50 to C$26.00 and gave the company a “buy” rating in a research note on Tuesday. TD lifted their target price on NFI Group from C$25.00 to C$26.00 and gave the company a “buy” rating in a research note on Monday. National Bank Financial lifted their target price on NFI Group from C$22.00 to C$26.00 and gave the company an “outperform” rating in a research note on Monday. Finally, Canadian Imperial Bank of Commerce lifted their price target on NFI Group from C$22.00 to C$27.00 in a report on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating and six have given a Buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of C$25.00.

NFI Group Trading Up 0.3%

TSE:NFI opened at C$21.06 on Friday. The company has a debt-to-equity ratio of 221.05, a current ratio of 1.25 and a quick ratio of 0.55. NFI Group has a fifty-two week low of C$12.50 and a fifty-two week high of C$21.98. The stock’s 50-day moving average is C$19.39 and its two-hundred day moving average is C$16.85. The stock has a market cap of C$2.51 billion, a PE ratio of -20.20, a price-to-earnings-growth ratio of -0.07 and a beta of 0.01.

Insider Activity at NFI Group

In related news, Director John Christopher Sapp bought 2,500 shares of NFI Group stock in a transaction that occurred on Tuesday, May 12th. The stock was purchased at an average cost of C$20.66 per share, for a total transaction of C$51,650.00. Following the acquisition, the director owned 20,653 shares in the company, valued at C$426,690.98. This trade represents a 13.77% increase in their ownership of the stock. Also, Director Daniel Barclay bought 25,000 shares of NFI Group stock in a transaction that occurred on Wednesday, May 13th. The stock was bought at an average price of C$20.76 per share, with a total value of C$519,000.00. Following the completion of the acquisition, the director owned 50,000 shares in the company, valued at approximately C$1,038,000. The trade was a 100.00% increase in their position. Over the last 90 days, insiders purchased 28,500 shares of company stock valued at $591,530. Corporate insiders own 0.62% of the company’s stock.

NFI Group Company Profile

Leveraging 450 years of combined experience, NFI is leading the electrification of mass mobility around the world. With zero-emission buses and coaches, infrastructure, and technology, NFI meets today’s urban demands for scalable smart mobility solutions. Together, NFI is enabling more livable cities through connected, clean, and sustainable transportation. With over 9,000 team members in ten countries, NFI is a leading global bus manufacturer of mass mobility solutions under the brands New Flyer® (heavy-duty transit buses), MCI® (motorcoaches), Alexander Dennis Limited (single- and double-deck buses), ARBOC® (low-floor cutaway and medium-duty buses), and NFI Parts¿.