FY2025 EPS Estimates for Propel Decreased by Ventum Cap Mkts

Propel Holdings Inc. (TSE:PRL - Free Report) - Research analysts at Ventum Cap Mkts decreased their FY2025 EPS estimates for shares of Propel in a research note issued on Monday, March 3rd. Ventum Cap Mkts analyst R. Goff now expects that the company will post earnings per share of $3.31 for the year, down from their previous forecast of $3.33. The consensus estimate for Propel's current full-year earnings is $5.39 per share. Ventum Cap Mkts also issued estimates for Propel's FY2026 earnings at $4.22 EPS and FY2027 earnings at $5.13 EPS.

A number of other analysts have also weighed in on PRL. Stephens raised shares of Propel to a "strong-buy" rating in a report on Wednesday, November 13th. Raymond James upped their price objective on shares of Propel from C$40.00 to C$47.00 in a report on Monday, November 18th. One investment analyst has rated the stock with a hold rating, one has given a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $41.00.

Propel Stock Performance

PRL traded down $1.43 during midday trading on Thursday, reaching $24.40. The company had a trading volume of 242,857 shares, compared to its average volume of 195,413. The business has a 50-day moving average price of $34.87 and a two-hundred day moving average price of $33.83. Propel has a 12-month low of $14.97 and a 12-month high of $43.36. The stock has a market cap of $679.32 million, a PE ratio of 15.09 and a beta of 1.75.

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Propel Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Wednesday, March 5th were given a $0.66 dividend. This represents a $2.64 annualized dividend and a yield of 10.82%. The ex-dividend date of this dividend was Wednesday, February 19th. This is an increase from Propel's previous quarterly dividend of $0.15. Propel's dividend payout ratio is 34.64%.

Insider Activity

In other Propel news, Senior Officer Noah Buchman sold 18,800 shares of Propel stock in a transaction that occurred on Tuesday, December 24th. The shares were sold at an average price of $37.40, for a total transaction of $703,120.00. Also, Senior Officer Cindy Usprech sold 5,600 shares of the company's stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $36.13, for a total transaction of $202,345.92. Over the last quarter, insiders sold 54,400 shares of company stock valued at $2,009,283. Corporate insiders own 33.31% of the company's stock.

About Propel

Propel Holdings Inc operates as a financial technology company. The company's lending platform facilitates to credit products, such as installment loans and lines of credit under the MoneyKey, CreditFresh, and Fora Credit brands to American consumers. It also offers marketing, analytics, and loan servicing services.