Cormark Analysts Increase Earnings Estimates for ECN Capital

ECN Capital Corp. (TSE:ECN - Free Report) - Investment analysts at Cormark lifted their FY2025 earnings per share (EPS) estimates for ECN Capital in a research report issued on Monday, March 3rd. Cormark analyst J. Fenwick now anticipates that the company will post earnings per share of $0.26 for the year, up from their prior forecast of $0.25. Cormark currently has a "Moderate Buy" rating and a $3.50 price target on the stock. The consensus estimate for ECN Capital's current full-year earnings is $0.24 per share. Cormark also issued estimates for ECN Capital's FY2026 earnings at $0.37 EPS.

A number of other brokerages have also issued reports on ECN. CIBC raised their price target on ECN Capital from C$2.50 to C$3.50 and gave the stock a "neutral" rating in a research note on Thursday, January 30th. National Bank Financial lowered ECN Capital from a "strong-buy" rating to a "hold" rating in a research note on Sunday, February 2nd. Five investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of C$2.68.

ECN Capital Trading Up 1.7 %

TSE:ECN traded up C$0.05 during mid-day trading on Wednesday, reaching C$3.05. The company's stock had a trading volume of 41,448 shares, compared to its average volume of 150,982. The company's fifty day simple moving average is C$3.24 and its two-hundred day simple moving average is C$2.71. The company has a debt-to-equity ratio of 304.13, a current ratio of 13.28 and a quick ratio of 3.81. ECN Capital has a twelve month low of C$1.60 and a twelve month high of C$3.52. The stock has a market cap of C$612.08 million, a P/E ratio of -13.63, a P/E/G ratio of 0.24 and a beta of 1.35.

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ECN Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 1.31%. The ex-dividend date of this dividend was Friday, December 13th. ECN Capital's dividend payout ratio is currently -17.87%.

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.