Desjardins Has Bullish Forecast for goeasy FY2026 Earnings

goeasy Ltd. (TSE:GSY - Free Report) - Analysts at Desjardins lifted their FY2026 EPS estimates for shares of goeasy in a report released on Monday, January 27th. Desjardins analyst G. Ho now expects that the company will post earnings per share of $22.89 for the year, up from their prior estimate of $22.85. Desjardins currently has a "Buy" rating and a $210.00 target price on the stock. The consensus estimate for goeasy's current full-year earnings is $20.32 per share.

A number of other research firms have also commented on GSY. BMO Capital Markets lifted their price objective on shares of goeasy from C$202.00 to C$207.00 in a research note on Monday, November 11th. National Bankshares raised their price target on goeasy from C$235.00 to C$240.00 and gave the stock an "outperform" rating in a report on Wednesday, October 30th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, goeasy has a consensus rating of "Moderate Buy" and an average target price of C$219.89.

goeasy Stock Performance

Shares of goeasy stock traded up C$1.13 during trading on Wednesday, reaching C$184.11. The company's stock had a trading volume of 40,074 shares, compared to its average volume of 62,816. The company has a 50-day moving average price of C$171.05 and a two-hundred day moving average price of C$179.23. goeasy has a fifty-two week low of C$150.21 and a fifty-two week high of C$206.02. The firm has a market cap of C$3.09 billion, a PE ratio of 11.98, a P/E/G ratio of 0.84 and a beta of 1.87. The company has a current ratio of 15.97, a quick ratio of 28.46 and a debt-to-equity ratio of 289.31.

goeasy (TSE:GSY - Get Free Report) last issued its earnings results on Thursday, November 7th. The company reported C$4.32 earnings per share (EPS) for the quarter, beating the consensus estimate of C$4.16 by C$0.16. goeasy had a net margin of 33.40% and a return on equity of 25.28%. During the same period in the previous year, the business posted $3.81 earnings per share.

goeasy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, January 10th were paid a dividend of $1.17 per share. The ex-dividend date of this dividend was Friday, December 27th. This represents a $4.68 annualized dividend and a dividend yield of 2.54%. goeasy's dividend payout ratio is currently 30.45%.

Insider Transactions at goeasy

In other news, Senior Officer Jason Mullins sold 2,500 shares of the company's stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of C$171.76, for a total transaction of C$429,400.00. Also, Senior Officer Patrick Ryan Doris Ens bought 3,050 shares of the stock in a transaction that occurred on Friday, November 15th. The stock was bought at an average price of C$172.62 per share, with a total value of C$526,491.00. Insiders own 22.05% of the company's stock.

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.