ECN Capital Corp. (TSE:ECN - Free Report) - Equities researchers at Cormark raised their FY2025 earnings per share estimates for ECN Capital in a report issued on Tuesday, November 12th. Cormark analyst J. Fenwick now anticipates that the company will post earnings of $0.25 per share for the year, up from their prior estimate of $0.21. Cormark currently has a "Moderate Buy" rating and a $3.50 target price on the stock. The consensus estimate for ECN Capital's current full-year earnings is $0.24 per share.
A number of other brokerages have also recently issued reports on ECN. CIBC increased their target price on shares of ECN Capital from C$2.25 to C$2.50 in a report on Friday, November 8th. National Bankshares boosted their target price on ECN Capital from C$2.25 to C$2.50 in a research report on Thursday, August 8th. National Bank Financial upgraded ECN Capital from a "hold" rating to a "strong-buy" rating in a research report on Friday, November 8th. Finally, BMO Capital Markets boosted their price objective on shares of ECN Capital from C$2.00 to C$2.35 in a research report on Friday, August 9th. Five investment analysts have rated the stock with a hold rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of C$2.66.
View Our Latest Stock Report on ECN Capital
ECN Capital Stock Performance
TSE ECN traded up C$0.10 on Friday, hitting C$3.00. 232,533 shares of the company's stock were exchanged, compared to its average volume of 326,524. The company has a debt-to-equity ratio of 383.08, a current ratio of 10.77 and a quick ratio of 3.81. The firm's 50-day moving average price is C$2.23 and its two-hundred day moving average price is C$2.00. The firm has a market cap of C$843.36 million, a price-to-earnings ratio of -8.67, a P/E/G ratio of 0.24 and a beta of 1.35. ECN Capital has a fifty-two week low of C$1.60 and a fifty-two week high of C$3.25.
Insider Activity at ECN Capital
In other news, Director Steven Kenneth Hudson sold 100,000 shares of the firm's stock in a transaction on Friday, November 15th. The shares were sold at an average price of C$2.92, for a total value of C$292,300.00. 18.31% of the stock is owned by insiders.
ECN Capital Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be given a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 1.33%. The ex-dividend date is Friday, December 13th. ECN Capital's dividend payout ratio (DPR) is currently -12.12%.
ECN Capital Company Profile
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ECN Capital Corp. originates, manages, and advises on credit assets on behalf of its partners in North America. It operates in two segments, Manufactured Housing Finance; and Recreational Vehicle and Marine Finance. The company offers consumer loans, including manufactured housing, recreational vehicle, and marine loans; and commercial loans, such as inventory finance or floorplan loans.
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