Exchange Income Co. (TSE:EIF - Get Free Report)'s stock price reached a new 52-week high on Monday . The company traded as high as C$57.45 and last traded at C$57.55, with a volume of 62651 shares changing hands. The stock had previously closed at C$56.39.
Wall Street Analyst Weigh In
EIF has been the subject of a number of analyst reports. Ventum Cap Mkts raised shares of Exchange Income to a "strong-buy" rating in a research report on Tuesday, November 5th. CIBC increased their price objective on Exchange Income from C$66.00 to C$69.00 in a report on Wednesday, December 4th. Canaccord Genuity Group raised their price objective on Exchange Income from C$70.00 to C$72.00 in a research report on Tuesday, November 12th. Ventum Financial set a C$74.00 price target on Exchange Income and gave the company a "buy" rating in a research note on Tuesday, November 5th. Finally, National Bankshares boosted their price target on Exchange Income from C$61.00 to C$68.00 in a research note on Monday, November 11th. Six research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of C$69.00.
View Our Latest Report on EIF
Exchange Income Price Performance
The stock has a fifty day moving average of C$55.64 and a 200 day moving average of C$50.54. The stock has a market cap of C$2.74 billion, a price-to-earnings ratio of 23.87, a P/E/G ratio of 1.42 and a beta of 2.04. The company has a debt-to-equity ratio of 171.03, a current ratio of 1.77 and a quick ratio of 1.13.
Exchange Income Dividend Announcement
The firm also recently disclosed a monthly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were paid a dividend of $0.22 per share. This represents a $2.64 annualized dividend and a yield of 4.57%. The ex-dividend date was Thursday, October 31st. Exchange Income's payout ratio is 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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