ECN Capital Corp. (TSE:ECN) Declares Quarterly Dividend of $0.01

ECN Capital Corp. (TSE:ECN - Get Free Report) announced a quarterly dividend on Thursday, November 7th,Zacks Dividends reports. Investors of record on Friday, December 13th will be given a dividend of 0.01 per share on Tuesday, December 31st. This represents a $0.04 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date is Friday, December 13th.

ECN Capital Trading Up 23.6 %

TSE:ECN traded up C$0.56 on Friday, reaching C$2.93. The stock had a trading volume of 1,417,600 shares, compared to its average volume of 325,672. ECN Capital has a 12-month low of C$1.60 and a 12-month high of C$3.10. The company has a market cap of C$823.68 million, a price-to-earnings ratio of -8.88, a P/E/G ratio of 0.24 and a beta of 1.35. The firm's fifty day moving average is C$2.16 and its two-hundred day moving average is C$1.97. The company has a debt-to-equity ratio of 383.08, a current ratio of 10.77 and a quick ratio of 3.81.

ECN Capital (TSE:ECN - Get Free Report) last announced its quarterly earnings data on Wednesday, August 7th. The company reported C$0.04 earnings per share (EPS) for the quarter, meeting the consensus estimate of C$0.04. The business had revenue of C$79.37 million for the quarter, compared to the consensus estimate of C$75.42 million. ECN Capital had a negative net margin of 55.01% and a negative return on equity of 33.69%. Equities analysts expect that ECN Capital will post 0.2446449 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on ECN shares. National Bankshares lifted their price objective on ECN Capital from C$2.25 to C$2.50 in a research report on Thursday, August 8th. CIBC upped their price objective on shares of ECN Capital from C$2.25 to C$2.50 in a research note on Friday. Finally, BMO Capital Markets raised their target price on shares of ECN Capital from C$2.00 to C$2.35 in a research report on Friday, August 9th. Five equities research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, ECN Capital has a consensus rating of "Hold" and an average target price of C$2.52.

ECN Capital Company Profile

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.