Stingray Group Future Growth

Future criteria checks 4/6

Stingray Group is forecast to grow earnings and revenue by 69.4% and 4.9% per annum respectively.

Key information

69.4%

Earnings growth rate

n/a

EPS growth rate

Media earnings growth13.1%
Revenue growth rate4.9%
Future return on equity22.8%
Analyst coverage

Good

Last updated23 Oct 2024

Recent future growth updates

Recent updates

Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075

Aug 10
Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075

Does Stingray Group (TSE:RAY.A) Have A Healthy Balance Sheet?

Jun 11
Does Stingray Group (TSE:RAY.A) Have A Healthy Balance Sheet?

Stingray Group's (TSE:RAY.A) Dividend Will Be CA$0.075

May 21
Stingray Group's (TSE:RAY.A) Dividend Will Be CA$0.075

Stingray Group's (TSE:RAY.A) Dividend Will Be CA$0.075

Apr 25
Stingray Group's (TSE:RAY.A) Dividend Will Be CA$0.075

Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075

Mar 23
Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Feb 16
Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Does Stingray Group (TSE:RAY.A) Deserve A Spot On Your Watchlist?

Jan 24
Does Stingray Group (TSE:RAY.A) Deserve A Spot On Your Watchlist?

Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075

Nov 17
Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075

Is Stingray Group (TSE:RAY.A) Using Too Much Debt?

Nov 07
Is Stingray Group (TSE:RAY.A) Using Too Much Debt?

Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075

Aug 27
Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Will Pay A Dividend Of CA$0.075

Aug 13
Stingray Group (TSE:RAY.A) Will Pay A Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075

May 07
Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075

Mar 28
Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075

Feb 12
Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Nov 26
Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Is Due To Pay A Dividend Of CA$0.075

Aug 24
Stingray Group (TSE:RAY.A) Is Due To Pay A Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Aug 07
Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075

May 12
Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Apr 19
Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Apr 05
Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075

Earnings and Revenue Growth Forecasts

TSX:RAY.A - Analysts future estimates and past financials data (CAD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/202739872861121
3/31/202639362881106
3/31/20253745078956
6/30/2024356-2191105N/A
3/31/2024345-14104119N/A
12/31/20233413787102N/A
9/30/2023330417996N/A
6/30/2023325357995N/A
3/31/2023324307187N/A
12/31/2022318306782N/A
9/30/2022303306782N/A
6/30/2022297386884N/A
3/31/2022283336784N/A
12/31/2021269416986N/A
9/30/2021266426178N/A
6/30/2021260426783N/A
3/31/20212484591104N/A
12/31/2020258258094N/A
9/30/20202661993106N/A
6/30/20202791287100N/A
3/31/2020307147488N/A
12/31/2019311267892N/A
9/30/201930106177N/A
6/30/2019259-44664N/A
3/31/2019213-122445N/A
12/31/2018174-111537N/A
9/30/201813881030N/A
6/30/20181353927N/A
3/31/20181302N/A19N/A
12/31/20171222N/A20N/A
9/30/20171134N/A19N/A
6/30/20171079N/A19N/A
3/31/201710211N/A23N/A
12/31/20161019N/A20N/A
9/30/20169810N/A20N/A
6/30/20169518N/A18N/A
3/31/20169014N/A19N/A
12/31/20158413N/A13N/A
9/30/20157911N/A12N/A
6/30/2015754N/A11N/A
3/31/2015717N/A10N/A
3/31/2014609N/A13N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: RAY.A is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: RAY.A is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: RAY.A is expected to become profitable in the next 3 years.

Revenue vs Market: RAY.A's revenue (4.9% per year) is forecast to grow slower than the Canadian market (7.2% per year).

High Growth Revenue: RAY.A's revenue (4.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: RAY.A's Return on Equity is forecast to be high in 3 years time (22.8%)


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