Couche-Tard Shares: Price, Dividends and Performance
Couche-Tard is one of the most stable Canadian stocks on the market and appeals to many moderate risk investors.
How much can you make with Couche-Tard stock?
Get up-to-date and precise information on Couche-Tard stock with its current price, dividend yield, analysis and our opinion.
This page is for information purposes only and does not constitute investment advice. Remember that investing can be risky.
Want to buy shares in Couche-Tard: Our key take-aways
Stock Exchange: TSX
- Stock Index: S&P/TSX 60
- Dividend 2021: $0.35
- Dividend forecast 2022: N/A
- Performance over 1 year: +29.97%
Should I buy Couche-Tard stock?
Couche-Tard is definitely an interesting stock to hold in your portfolio because of its stability.
The Couche-Tard group has been paying a regular dividend to its shareholders for more than 10 years, with an overall increase in the dividend, even though its yield is still relatively low.
But this stock can also provide you with a capital gain over the long-term, since it has already gained more than 50% of its value in 5 years.
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How can I buy shares in Couche-Tard ?
To buy Couche-Tard on the stock market:
- Find an online broker offering stock investments.
- Open your trading account by filling out a simple form.
- Deposit funds into your account.
- Search for the stock
- Place a buy order to add Couche-Tard to your stock portfolio.
How much are Couche-Tard shares?
See price chart below to follow Couche-Tard stock price in real time.
Why Couche-Tard shares could go up:
There are many factors currently supporting a rise in Couche-Tard's share price, the main ones being
- A position among the leaders: Couche-Tard is one of the largest convenience store operators in the world with more than 13,000 stores in Canada, the United States, Europe, Mexico, Japan, China and Indonesia.
- A diversified portfolio: Couche-Tard offers its customers a very wide range of products and private brands, allowing it to meet many consumer needs.
- Innovative store format: The group's on-the-go stores are conveniently located mostly in gas stations and offer food and beverages during extended hours and late into the night.
- Numerous strategic acquisitions: Couche-Tard is successfully executing an optimal growth strategy through multiple acquisitions such as Irving Oil, Statoil, Casey's General Stores and many others.
- An increase in communication budgets: Advertising is an integral part of Couche-Tard's marketing strategy and the company is investing more and more money in its communication in order to constantly win new customers.
- Development of the group in residential areas: as Couche-Tard is more and more present in the most residential areas, it could acquire an image of an organized convenience store.
- Development in emerging markets: finally, the Couche-Tard group can still gain market share by further developing in emerging economies through strategic partnerships and alliances.
Why Couche-Tard shares could go down:
But the Couche-Tard group does not only have strong points and it will be necessary to also take into account the elements that are rather in favour of a decrease of its price and of which here is a summary:
- A limited online presence: while the digitalization of retail is leading to a real revolution in this sector, Couche-Tard still suffers from a weak online presence compared to its competitors.
- Lack of presence in certain profitable markets: it is also regrettable that the group is not present at all in certain emerging markets such as India or Russia where it could generate additional revenue.
- Strong competition: competition in this segment is becoming increasingly important in the retail sector, which is organized in several store formats.
- Global price increases: Finally, there are currently increases in food and fuel prices around the world, which may affect the profitability of the Couche-Tard group.
Can I buy Couche-Tard stock online?
Yes! You can buy Couche-Tard shares online. For many buyers this is the best way to do it. Here's why:
- The commissions are lower
- You can choose your own investments
- You benefit from analysis and decision support tools
- You can invest in stocks directly or through derivatives like ETFs.
How can I sell my Couche-Tard shares?
Selling Couche-Tard shares is really only possible if you already hold these shares in your stock portfolio. If this is not the case, you will not be able to short sell unless you invest with a margin account.
However, there are other solutions that allow you to bet on the fall of the price of this stock such as:
- Derivatives such as options
What investment vehicles in Canada can hold Couche-Tard stock?
Couche-Tard shares can be placed in several different savings vehicles including"
- RRSPs: these registered retirement savings plans offer funds that are accessible at the time of retirement and offer an income tax deferral.
- TFSAs: tax-free savings accounts is an incredibly popular short-and long-term tax-free investment vehicle.
- Margin accounts: This account offers leverage and allows you to borrow against the value of the securities you hold to make other investments. It allows you to sell short.
- Cash accounts: This account allows you to trade stocks on North American markets only.
Purchasing Couche-Tard shares can be done directly through an online broker with your regular investment account. Simply place a buy order on the stock and indicate how many individual shares you wish to add to your portfolio.
It is also possible to invest in Couche-Tard stock in addition to investing in a range of stocks from the same market index or industry sector through an ETF or mutual fund.
Couche-Tard share price history over 10 years:
Couche-Tard dividends and payment dates
In 2021, Couche Tard Group compensated its shareholders with a total dividend of $0.32 per share, a yield close to 0.81%.
However, the dividend promised to shareholders for 2022 is expected to be higher, rising to $0.44 per share according to current estimates.
The group pays its dividend quarterly, in March, July, September and December.
|Dividend: payout 2021||Payout 1||Payout 2||Payout 3||Payout 4|
|Dividend per stock||$0.0875 per stock||$0.0875 per stock||$0.0875 per stock||$0.11 per stock|
What is the dividend yield for Couche-Tard over the last 10 years?
The yield on Couche-Tard shares is obtained by dividing the annual dividend by the annual average price.
A stock's yield provides key information about a company's dividend policy and its evolution over time and performance.
Good to know
Annual gross shareholder return = Total dividend for the year ÷ average share price for the same year
Good to know
The 10-year average return = Sum of annual returns ÷ 10
What analysts are saying about Couche-Tard stock:
A critical analysis of Couche-Tard stock:
Fundamental analysis data shows that Tesla stock has attractive potential for a medium to long-term strategy.
- Strong growth expected: Tesla Group's growth over the next few years is expected to be strong based on current forecasts with solid earnings growth expected.
- High margins: Tesla's margins before taxes, depreciation, interest and amortization are particularly high.
- Excellent financial position: Tesla Group also has a very strong and good financial position and strong investment capabilities.
- Consistently Upwardly Revised Estimates: Over the past 12 months, analysts who follow Tesla have consistently revised upwardly their estimates of Tesla's revenue as well as their price and earnings per share (EPS) targets.
- High valuation: Couche-Tard's valuation remains slightly high relative to its real value.
- Little divergence in opinion: Analysts' estimates and opinions about Couche-Tard stock are relatively close to each other, demonstrating good visibility of future activity and good communication from the group.
A technical analysis of Couche-Tard stock:
From a technical and charting perspective, the signals on Tesla stock over the long-term are currently returning strong buy signals with the following indicators:
- The RSI is giving an interesting buy signal and is currently at 65.020.
- The MACD level is at 193.05 which is also sending a strong bullish signal on this stock.
- The stochastics are sending both buy and oversold signals and therefore call for caution.
- The simple and exponential moving averages over all periods are sending buy signals.
- As for the strategic levels, the technical support levels for this stock are located at 41.94 and 30.89. The technical resistance levels are located at 59.01 and 65.03.
Who is Couche-Tard?
The Couche-Tard Group, also known as Alimentation Couche-Tard, is a Canadian convenience store and fuel retailing company. The group operates convenience stores in more than 26 countries around the world and engages in the sale of convenience goods, transportation fuel and other products through franchised stores.
Couche-Tard operates its convenience store chain under a variety of banners and brands including Circle K, Couche-Tard and Ingo and currently has more than 14,000 stores, of which more than 10,000 also sell fuel. The company also operates convenience stores in the U.S. and is engaged in convenience store operations and road transportation fuel retailing in Canada, Scandinavia, the Baltic States and Ireland. It also operates in Poland and Hong Kong. The group also markets alternative tobacco products and snacks and grocery items. It currently employs 124,000 people. Its sales are broken down as follows:
- Fuel for road transport is 64.3% of sales
- Services and products is 34.7% of sales
- Ancillary products and services for 1.1% of sales
Who are Couche-Tard’s competitors?
The Couche-Tard group is currently the leader in convenience stores in Canada, but it is not the only one in this market and must face strong competition from several players in this sector of activity, including:
- 7-Eleven: this convenience store chain is mainly established in Asia and North America but also in Scandinavia and Australia. With over 32,000 stores, the group operates in 18 different countries.
- On The Run: This convenience store brand was created by the ExxonMobil group and is used at Exxon and Mobil stations in the United States, but also at BP and Mobil stations in Australia and at Esso and Mobil stations in the rest of the world. The U.S. franchise network was acquired by Couche-Tard and the Canadian network by Parkland Fuel, but ExxonMobil retains ownership of the brand in the rest of the world.
- Casey's General Stores Inc: This chain of convenience stores is concentrated in the Midwestern United States and is a competitor to Couche-Tard in this area. The company is based in Ankeny, Iowa.
Who are Couche-Tard’s partners?
While Couche-Tard faces strong competition from some major rivals, it also regularly enters into strategic partnerships with other companies:
- Carrefour: the two companies initially considered a merger but negotiations in this direction were eventually halted. However, they decided to continue their discussions with the aim of setting up operational partnerships in the field of best practices in fuel distribution, joint purchasing, private label development and marketing partnerships, and the sharing of expertise and the launch of innovations.
- Canopy Growth: The convenience store group has also partnered with one of the world's leading cannabis companies, Canopy Growth, to jointly operate a privately owned cannabis store in London, Ontario under the name Canopy's Tweed.
- Canada Soccer: Finally, the group also recently signed a strategic partnership with Canada Soccer in integrated marketing. This partnership will allow Couche-Tard to become the title sponsor of Canada Soccer's Premier Challenge soccer festival program.
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