ECN Capital Q1 EPS Forecast Cut by National Bank Financial

ECN Capital Corp. (TSE:ECN - Free Report) - National Bank Financial dropped their Q1 2025 EPS estimates for ECN Capital in a report released on Sunday, December 15th. National Bank Financial analyst J. Gloyn now anticipates that the company will post earnings per share of $0.01 for the quarter, down from their prior forecast of $0.03. National Bank Financial currently has a "Strong-Buy" rating on the stock. The consensus estimate for ECN Capital's current full-year earnings is $0.24 per share. National Bank Financial also issued estimates for ECN Capital's FY2025 earnings at $0.24 EPS.

A number of other equities research analysts have also recently commented on the company. Cormark lifted their price objective on ECN Capital from C$2.25 to C$3.50 and gave the stock a "moderate buy" rating in a research note on Tuesday, November 12th. CIBC lifted their price objective on shares of ECN Capital from C$2.25 to C$2.50 in a research note on Friday, November 8th. Four equities research analysts have rated the stock with a hold rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of C$2.52.

ECN Capital Trading Down 1.0 %

TSE ECN traded down C$0.03 during trading hours on Tuesday, hitting C$3.06. The company's stock had a trading volume of 972,874 shares, compared to its average volume of 313,551. ECN Capital has a twelve month low of C$1.60 and a twelve month high of C$3.25. The firm has a market capitalization of C$860.23 million, a P/E ratio of -9.27, a PEG ratio of 0.24 and a beta of 1.35. The company has a quick ratio of 3.81, a current ratio of 10.77 and a debt-to-equity ratio of 383.08. The stock has a fifty day moving average of C$2.56 and a 200 day moving average of C$2.15.

ECN Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st will be paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date is Friday, December 13th. ECN Capital's dividend payout ratio (DPR) is presently -12.12%.

Insiders Place Their Bets

In other ECN Capital news, Director Steven Kenneth Hudson sold 20,300 shares of the firm's stock in a transaction on Monday, November 18th. The stock was sold at an average price of C$2.91, for a total transaction of C$59,012.10. Company insiders own 18.31% of the company's stock.

About ECN Capital

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.