Q1 Earnings Forecast for goeasy Issued By Cormark (TSE:GSY)

goeasy Ltd. (TSE:GSY - Free Report) - Equities researchers at Cormark dropped their Q1 2025 EPS estimates for shares of goeasy in a note issued to investors on Thursday, April 24th. Cormark analyst J. Fenwick now forecasts that the company will earn $3.98 per share for the quarter, down from their prior forecast of $4.58. The consensus estimate for goeasy's current full-year earnings is $20.32 per share. Cormark also issued estimates for goeasy's FY2025 earnings at $19.79 EPS and FY2026 earnings at $23.58 EPS.

Other equities research analysts also recently issued research reports about the stock. Scotiabank cut their target price on shares of goeasy from C$240.00 to C$215.00 and set a "sector perform" rating for the company in a research report on Thursday, April 24th. BMO Capital Markets upgraded goeasy from a "market perform" rating to an "outperform" rating and reduced their price objective for the company from C$207.00 to C$200.00 in a research report on Friday, March 14th. TD Securities set a C$199.00 target price on goeasy and gave the company a "buy" rating in a report on Wednesday, April 9th. Jefferies Financial Group cut their price target on goeasy from C$222.00 to C$182.00 in a research note on Monday, April 21st. Finally, Raymond James increased their price objective on shares of goeasy from C$230.00 to C$245.00 in a research note on Tuesday, February 18th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of C$216.00.

goeasy Stock Down 1.3 %

Shares of goeasy stock traded down C$2.00 on Monday, reaching C$155.41. The company's stock had a trading volume of 21,697 shares, compared to its average volume of 73,532. The company has a market capitalization of C$2.61 billion, a price-to-earnings ratio of 9.45, a P/E/G ratio of 0.84 and a beta of 1.87. The company has a quick ratio of 28.46, a current ratio of 82.04 and a debt-to-equity ratio of 287.63. goeasy has a 52 week low of C$134.01 and a 52 week high of C$206.02. The firm's fifty day simple moving average is C$153.84 and its two-hundred day simple moving average is C$166.35.

goeasy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Friday, April 11th were paid a $1.46 dividend. This is a positive change from goeasy's previous quarterly dividend of $1.17. The ex-dividend date of this dividend was Friday, March 28th. This represents a $5.84 dividend on an annualized basis and a dividend yield of 3.76%. goeasy's dividend payout ratio is 28.45%.

goeasy Company Profile

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.