How to buy Canadian Tire (CTC) stocks

Learn how to buy Canadian Tire stock in 6 easy steps.

Looking to buy Canadian Tire stock in Canada? Here’s everything you need to know, including the current Canadian Tire stock price, online brokers with access to Canadian Tire stock and the answer to the question, “Is it a good time to buy Canadian Tire stock?” Read our guide below.

Canadian Tire is a specialty retail business based in Canada. Canadian Tire shares (CTC) are listed on the Toronto Stock Exchange (TSX) and all prices are listed in Canadian Dollars.

Its last market close was C$209.00 – a decrease of 3.24% over the previous week. Canadian Tire employs 14,322 staff and has a trailing 12-month revenue of around C$16.3 billion.

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How to buy Canadian Tire stock

  1. Choose a stock trading platform. Compare investment platforms.
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – CTC. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

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Note: The dollar amounts in the table below are in Canadian dollars.

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Canadian Tire stock price (Toronto Stock Exchange (TSX): CTC)

Use our graph to track the performance of CTC stocks over time.

Canadian Tire stocks at a glance

Information last updated 2024-12-11.
Latest market closeC$209.00
52-week rangeC$199.27 - C$279.90
50-day moving average C$227.58
200-day moving average C$230.46
Wall St. target priceC$4.00
PE ratio 18.981
Dividend yield C$7.025 (3.23%)
Earnings per share (TTM) C$11.59

Is it a good time to buy Canadian Tire stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Canadian Tire price performance over time

Historical closes compared with the close of C$207.5 from 2024-12-17

1 week (2024-12-11) -5.68%
1 month (2024-11-19) -6.64%
3 months (2024-09-17) -10.17%
6 months (2024-06-18) -5.68%
1 year (2023-12-15) -22.60%
2 years (2022-12-15) N/A
3 years (2021-12-17) 293.1061
5 years (2019-12-18) 27.91%

Is Canadian Tire stock undervalued or overvalued?

Valuing Canadian Tire stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Canadian Tire's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Canadian Tire's P/E ratio

Canadian Tire's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 19x. In other words, Canadian Tire shares trade at around 19x recent earnings.

Canadian Tire's PEG ratio

Canadian Tire's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.5622. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Canadian Tire's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Canadian Tire's EBITDA

Canadian Tire's EBITDA (earnings before interest, taxes, depreciation and amortisation) is C$1.7 billion.

The EBITDA is a measure of a Canadian Tire's overall financial performance and is widely used to measure a its profitability.

Canadian Tire financials

Revenue TTM C$16.3 billion
Operating margin TTM 8.42%
Gross profit TTM C$5.7 billion
Return on assets TTM 3.72%
Return on equity TTM 11.23%
Profit margin 3.98%
Book value C$102.83
Market Capitalization C$8.8 billion
EBITDA C$1.7 billion

TTM: trailing 12 months

Canadian Tire stock dividends

60%

Dividend payout ratio: 60.19% of net profits

Recently Canadian Tire has paid out, on average, around 100% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Canadian Tire shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Canadian Tire's case, that would currently equate to about C$7.025 per share.

Canadian Tire's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Canadian Tire's most recent dividend payout was on 28 February 2025. The latest dividend was paid out to all shareholders who bought their stocks by 30 January 2025 (the "ex-dividend date").

Canadian Tire stock price volatility

Over the last 12 months, Canadian Tire's stocks have ranged in value from as little as C$199.2742 up to C$279.8967. A popular way to gauge a stock's volatility is its "beta."

CTC.TO volatility(beta: 1.33)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a stocks volatility in relation to the market. The market (TO average) beta is 1, while Canadian Tire's is 1.329. This would suggest that Canadian Tire's stocks are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Canadian Tire overview

Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. It operates in three segments: Retail, CT REIT, and Financial Services. The Retail segment retails automotive maintenance products and accessories, parts, and tires, as well as automotive services and roadside assistance; electrical, hardware, home environment, paint, plumbing, and tool products; cleaning, food & drink, home décor, home essentials, home organization, kitchen, and pet care products; camping, exercise, hockey, hunting, fishing, seasonal recreation, and team sports and golf products; and backyard living, backyard fun, cycling, gardening, outdoor tools, seasonal, and toy products. This segment offers its products under the Canadian Tire, Canadian Tire Gas, Pro Hockey Life, Mark's, PartSource, Helly Hansen, Party City, and SportChek brand names. This segment also participates in loyalty programs, as well as sells its products online. The CT REIT segment operates as a closed-end real estate investment trust that holds a portfolio of properties comprising Canadian Tire stores, Canadian Tire anchored retail developments, industrial properties, mixed-use commercial property, and development properties. The Financial Services segment provides consumer credit cards, in-store financing, insurance products, and retail and broker deposits; and savings accounts and guaranteed investment certificates.

Frequently asked questions

What percentage of Canadian Tire is owned by insiders or institutions?
Currently 81.935% of Canadian Tire stocks are held by insiders and 12.253% by institutions.
How many people work for Canadian Tire?
Latest data suggests 14,322 work at Canadian Tire.
When does the fiscal year end for Canadian Tire?
Canadian Tire's fiscal year ends in December.
Where is Canadian Tire based?
Canadian Tire's address is: 2180 Yonge Street, Toronto, ON, Canada, M4P 2V8
What is Canadian Tire's ISIN number?
Canadian Tire's international securities identification number is: CA1366812024
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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