goeasy Ltd. (TSE:GSY) to Issue Quarterly Dividend of $1.17

goeasy Ltd. (TSE:GSY - Get Free Report) announced a quarterly dividend on Thursday, November 7th,Zacks Dividends reports. Shareholders of record on Friday, December 27th will be given a dividend of 1.17 per share on Friday, January 10th. This represents a $4.68 annualized dividend and a yield of 2.61%. The ex-dividend date of this dividend is Friday, December 27th.

goeasy Stock Down 0.6 %

Shares of GSY traded down C$1.03 during trading hours on Friday, hitting C$179.24. The stock had a trading volume of 132,229 shares, compared to its average volume of 49,740. goeasy has a 1-year low of C$121.33 and a 1-year high of C$206.02. The firm has a market capitalization of C$3.01 billion, a P/E ratio of 11.66, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87. The firm has a 50 day simple moving average of C$180.44 and a 200-day simple moving average of C$184.07. The company has a debt-to-equity ratio of 289.31, a current ratio of 15.97 and a quick ratio of 28.46.

goeasy (TSE:GSY - Get Free Report) last announced its quarterly earnings data on Thursday, August 8th. The company reported C$4.10 EPS for the quarter, beating analysts' consensus estimates of C$4.01 by C$0.09. goeasy had a return on equity of 25.28% and a net margin of 33.40%. The firm had revenue of C$377.80 million during the quarter, compared to analysts' expectations of C$372.40 million. Sell-side analysts predict that goeasy will post 20.3207343 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on GSY shares. National Bankshares lifted their price objective on shares of goeasy from C$235.00 to C$240.00 and gave the company an "outperform" rating in a report on Wednesday, October 30th. Desjardins dropped their price target on shares of goeasy from C$215.00 to C$210.00 and set a "buy" rating on the stock in a research report on Wednesday, October 23rd. BMO Capital Markets lowered goeasy from an "outperform" rating to a "market perform" rating and decreased their price objective for the stock from C$218.00 to C$202.00 in a report on Tuesday, October 22nd. Finally, Scotiabank raised their target price on goeasy from C$215.00 to C$222.00 in a report on Friday, August 9th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of C$219.33.

Insider Activity

In other news, Senior Officer Jason Mullins sold 4,500 shares of the firm's 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. 22.05% of the stock is currently owned by corporate insiders.

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.