goeasy (TSE:GSY) Upgraded to Outperform at BMO Capital Markets

BMO Capital Markets upgraded shares of goeasy (TSE:GSY - Free Report) from a market perform rating to an outperform rating in a report published on Friday morning, MarketBeat Ratings reports. They currently have C$200.00 target price on the stock, down from their previous target price of C$207.00.

A number of other analysts have also recently commented on the company. Raymond James upped their price objective on goeasy from C$230.00 to C$245.00 in a research report on Tuesday, February 18th. Jefferies Financial Group reduced their price objective on goeasy from C$228.00 to C$215.00 and set a "buy" rating for the company in a research report on Tuesday, February 11th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, goeasy presently has an average rating of "Moderate Buy" and a consensus target price of C$223.00.

goeasy Stock Performance

goeasy stock traded down C$2.51 during mid-day trading on Friday, reaching C$147.76. 55,739 shares of the stock traded hands, compared to its average volume of 78,714. The stock has a market capitalization of C$2.48 billion, a PE ratio of 8.98, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87. The company has a debt-to-equity ratio of 287.63, a current ratio of 82.04 and a quick ratio of 28.46. goeasy has a 12-month low of C$140.73 and a 12-month high of C$206.02. The business's 50-day moving average is C$168.93 and its 200-day moving average is C$173.09.

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goeasy Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Friday, April 11th will be paid a $1.46 dividend. The ex-dividend date is Friday, March 28th. This represents a $5.84 annualized dividend and a dividend yield of 3.95%. This is an increase from goeasy's previous quarterly dividend of $1.17. goeasy's dividend payout ratio (DPR) is 28.45%.

About goeasy

goeasy Ltd. provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. It offers unsecured and secured installment loans; home equity secured instalment loans and automotive vehicle financing; and loans to finance the purchase of retail goods, powersports and recreational vehicles, home improvement projects, and healthcare related products and services.