Rogers Sugar (TSE:RSI) Announces Earnings Results

Rogers Sugar (TSE:RSI) posted its earnings results on Thursday. The company reported C$0.19 earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of C$298.19 million for the quarter. Rogers Sugar had a return on equity of 13.16% and a net margin of 4.40%.

Here are the key takeaways from Rogers Sugar’s conference call:

• Strong Q1 results — consolidated Adjusted EBITDA of CAD 47 million (+18% YoY), adjusted net earnings of CAD 25 million (+27%) and CAD 89 million trailing‑12‑month free cash flow, though management says some benefit came from timing/non‑recurring items.
• Sugar volumes weakened — Q1 sugar sales were 175,000 metric tons (down ~21k YoY) and full‑year volume guidance was lowered to about 750,000 metric tons (≈4% decline), driven mainly by reduced exports (Brazilian origin to the U.S.) and a resolved customer production issue.
• Margin improvement is partly one‑time — adjusted gross margin per ton rose to CAD 304, but management attributes a meaningful portion to timing and non‑recurring procurement, freight and maintenance adjustments, with about half expected to flow into Q2.
• LEAP project on track — Montreal expansion continues in construction with targeted startup in H1 2027, cost‑to‑complete unchanged at CAD 280–300 million, and financing strengthened by recent convertible debenture issuance.
• Maple segment momentum — Q1 maple revenues up 8% to CAD 72 million and volumes +8%; management expects ~56 million pounds of sales in 2026 (+5%) with gross margins stabilizing around 10–11%.

Rogers Sugar Stock Performance

Rogers Sugar stock opened at C$6.57 on Friday. The firm’s fifty day moving average price is C$6.06 and its 200-day moving average price is C$6.15. The company has a debt-to-equity ratio of 104.41, a quick ratio of 0.56 and a current ratio of 1.39. The stock has a market cap of C$842.16 million, a P/E ratio of 13.41 and a beta of 0.77. Rogers Sugar has a fifty-two week low of C$5.22 and a fifty-two week high of C$6.67.

Rogers Sugar Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Wednesday, January 14th were paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date of this dividend was Wednesday, December 24th. Rogers Sugar’s payout ratio is currently 73.47%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on RSI shares. TD Securities lowered Rogers Sugar from a “buy” rating to a “hold” rating and set a C$7.00 target price for the company. in a report on Friday, November 28th. BMO Capital Markets raised their price objective on shares of Rogers Sugar from C$6.50 to C$7.00 and gave the company a “market perform” rating in a research report on Friday, November 28th. Finally, National Bankshares boosted their price objective on shares of Rogers Sugar from C$6.25 to C$7.00 and gave the company a “sector perform” rating in a research note on Friday, November 28th. One equities research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Rogers Sugar has an average rating of “Hold” and an average price target of C$6.90.

Rogers Sugar Company Profile

Rogers Sugar Inc is a Canada based sugar producing company. The company along with its subsidiaries is principally engaged in refining, packaging, and marketing sugar products. The products offered by the company include iced tea mix, stevia, yellow sugar, Cubes, Coconut sugar, and other related sugar products. It operates in the following reportable segments: Sugar and Maple products, of which the majority of the revenue comes from sugar products. Its geographical segments include Canada, which is the key revenue generator; the United States; Europe; and others.