Exchange Income Co. (TSE:EIF - Get Free Report) shares hit a new 52-week high during trading on Monday . The stock traded as high as C$59.26 and last traded at C$59.08, with a volume of 58595 shares traded. The stock had previously closed at C$58.95.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on the stock. Ventum Financial set a C$74.00 price target on shares of Exchange Income and gave the company a "buy" rating in a report on Tuesday, November 5th. Royal Bank of Canada boosted their target price on shares of Exchange Income from C$65.00 to C$71.00 in a research note on Thursday, November 14th. Canaccord Genuity Group raised their target price on Exchange Income from C$70.00 to C$72.00 in a research report on Tuesday, November 12th. Ventum Cap Mkts upgraded Exchange Income to a "strong-buy" rating in a report on Tuesday, November 5th. Finally, CIBC increased their price objective on Exchange Income from C$66.00 to C$69.00 in a research note on Wednesday, December 4th. Six analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of C$69.00.
View Our Latest Research Report on EIF
Exchange Income Price Performance
The company has a market capitalization of C$2.81 billion, a PE ratio of 24.49, a P/E/G ratio of 1.42 and a beta of 2.04. The stock has a 50 day moving average price of C$56.07 and a two-hundred day moving average price of C$51.03. The company has a debt-to-equity ratio of 171.03, a quick ratio of 1.13 and a current ratio of 1.77.
Exchange Income Announces Dividend
The firm also recently announced a monthly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were paid a $0.22 dividend. This represents a $2.64 dividend on an annualized basis and a yield of 4.45%. The ex-dividend date of this dividend was Thursday, October 31st. Exchange Income's dividend payout ratio (DPR) is presently 109.09%.
About Exchange Income
(
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Exchange Income Corporation, together with its subsidiaries, engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. The company Aerospace & Aviation, and Manufacturing segments. The Aerospace & Aviation segment offers fixed wing and rotary wing, medevac, passenger, charter, freight, and auxiliary services; and operates two flight schools and trains pilots.
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