National Bank Financial Forecasts Higher Earnings for goeasy

goeasy Ltd. (TSE:GSY - Free Report) - Equities research analysts at National Bank Financial upped their FY2024 earnings estimates for shares of goeasy in a report issued on Sunday, November 10th. National Bank Financial analyst J. Gloyn now forecasts that the company will post earnings of $16.90 per share for the year, up from their previous estimate of $16.72. The consensus estimate for goeasy's current full-year earnings is $20.32 per share. National Bank Financial also issued estimates for goeasy's FY2025 earnings at $19.95 EPS.

Several other analysts also recently issued reports on the company. Scotiabank raised their price target on goeasy from C$215.00 to C$222.00 in a report on Friday, August 9th. BMO Capital Markets raised their target price on goeasy from C$202.00 to C$207.00 in a research note on Monday. Desjardins lowered their price target on shares of goeasy from C$215.00 to C$210.00 and set a "buy" rating for the company in a research report on Wednesday, October 23rd. Finally, National Bankshares increased their price objective on shares of goeasy from C$235.00 to C$240.00 and gave the stock an "outperform" rating in a report on Wednesday, October 30th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of C$219.89.

goeasy Stock Performance

TSE GSY traded down C$2.42 during trading hours on Wednesday, reaching C$175.83. The company's stock had a trading volume of 24,925 shares, compared to its average volume of 49,569. The company has a current ratio of 15.97, a quick ratio of 28.46 and a debt-to-equity ratio of 289.31. The business has a 50-day simple moving average of C$179.97 and a 200 day simple moving average of C$184.04. goeasy has a 52 week low of C$121.33 and a 52 week high of C$206.02. The stock has a market cap of C$2.95 billion, a PE ratio of 11.60, a PEG ratio of 0.84 and a beta of 1.87.

goeasy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, December 27th will be given a dividend of $1.17 per share. The ex-dividend date is Friday, December 27th. This represents a $4.68 dividend on an annualized basis and a dividend yield of 2.66%. goeasy's dividend payout ratio (DPR) is 30.45%.

Insider Transactions at goeasy

In other goeasy news, Senior Officer Jason Mullins sold 4,500 shares of the stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of C$188.00, for a total transaction of C$846,000.00. In other goeasy news, Senior Officer Jason Mullins sold 4,500 shares of the company's stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of C$188.00, for a total value of C$846,000.00. Also, Senior Officer Michael Anthony Eubanks sold 1,800 shares of goeasy stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of C$175.58, for a total transaction of C$316,051.56. Company insiders own 22.05% of the company's stock.

About goeasy

goeasy Ltd. provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. It offers unsecured and secured installment loans; home equity secured instalment loans and automotive vehicle financing; and loans to finance the purchase of retail goods, powersports and recreational vehicles, home improvement projects, and healthcare related products and services.