goeasy (TSE:GSY) Given a C$199.00 Price Target at TD Securities

TD Securities set a C$199.00 price target on goeasy (TSE:GSY - Free Report) in a report published on Wednesday morning, MarketBeat Ratings reports. The brokerage currently has a buy rating on the stock.

Several other research analysts have also weighed in on the stock. Raymond James increased their price objective on shares of goeasy from C$230.00 to C$245.00 in a report on Tuesday, February 18th. BMO Capital Markets raised shares of goeasy from a "market perform" rating to an "outperform" rating and lowered their price objective for the company from C$207.00 to C$200.00 in a research note on Friday, March 14th. Finally, Jefferies Financial Group cut their target price on goeasy from C$228.00 to C$215.00 and set a "buy" rating on the stock in a research report on Tuesday, February 11th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of C$220.60.

goeasy Trading Up 3.7 %

goeasy stock traded up C$5.52 during trading on Wednesday, hitting C$155.30. The company's stock had a trading volume of 49,691 shares, compared to its average volume of 76,986. The stock's fifty day moving average is C$157.61 and its 200 day moving average is C$168.66. goeasy has a 1-year low of C$134.01 and a 1-year high of C$206.02. The stock has a market capitalization of C$2.60 billion, a price-to-earnings ratio of 9.44, a P/E/G ratio of 0.84 and a beta of 1.87. The company has a debt-to-equity ratio of 287.63, a quick ratio of 28.46 and a current ratio of 82.04.

goeasy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Friday, April 11th were paid a $1.46 dividend. The ex-dividend date was Friday, March 28th. This represents a $5.84 dividend on an annualized basis and a dividend yield of 3.76%. This is a positive change from goeasy's previous quarterly dividend of $1.17. goeasy's dividend payout ratio (DPR) is 28.45%.

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.