Research Analysts Offer Predictions for goeasy Q4 Earnings

goeasy Ltd. (TSE:GSY - Free Report) - Investment analysts at Cormark raised their Q4 2024 earnings per share estimates for shares of goeasy in a research note issued to investors on Tuesday, January 28th. Cormark analyst J. Fenwick now forecasts that the company will post earnings of $4.32 per share for the quarter, up from their previous forecast of $4.31. The consensus estimate for goeasy's current full-year earnings is $20.32 per share. Cormark also issued estimates for goeasy's Q1 2025 earnings at $4.60 EPS, Q2 2025 earnings at $4.69 EPS, Q3 2025 earnings at $5.43 EPS, Q4 2025 earnings at $5.77 EPS, FY2025 earnings at $20.49 EPS, Q1 2026 earnings at $5.81 EPS, Q2 2026 earnings at $5.71 EPS, Q3 2026 earnings at $5.99 EPS, Q4 2026 earnings at $5.85 EPS and FY2026 earnings at $23.37 EPS.

Other analysts also recently issued reports about the company. BMO Capital Markets upped their price objective on goeasy from C$202.00 to C$207.00 in a research report on Monday, November 11th. National Bankshares raised their price target on shares of goeasy from C$235.00 to C$240.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 30th. Finally, Desjardins cut their price objective 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. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, goeasy currently has a consensus rating of "Moderate Buy" and an average price target of C$219.89.

goeasy Price Performance

GSY stock traded up C$1.26 on Thursday, reaching C$184.24. The company had a trading volume of 38,571 shares, compared to its average volume of 62,369. The company has a debt-to-equity ratio of 289.31, a quick ratio of 28.46 and a current ratio of 15.97. The company's fifty day moving average is C$171.05 and its 200 day moving average is C$179.23. The company has a market cap of C$3.10 billion, a P/E ratio of 11.99, a PEG ratio of 0.84 and a beta of 1.87. goeasy has a 1 year low of C$150.21 and a 1 year high of C$206.02.

goeasy (TSE:GSY - Get Free Report) last announced its earnings results on Thursday, November 7th. The company reported C$4.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of C$4.16 by C$0.16. goeasy had a net margin of 33.40% and a return on equity of 25.28%. During the same quarter in the previous year, the company earned $3.81 earnings per share.

Insider Buying and Selling

In related news, Senior Officer Jason Mullins sold 2,500 shares of goeasy stock in a transaction on Thursday, December 5th. The shares were sold at an average price of C$171.76, for a total transaction of C$429,400.00. Also, Senior Officer Michael Anthony Eubanks sold 1,800 shares of the company's stock in a transaction 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. 22.05% of the stock is currently owned by company insiders.

goeasy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, January 10th were issued a $1.17 dividend. The ex-dividend date of this dividend was Friday, December 27th. This represents a $4.68 dividend on an annualized basis and a yield of 2.54%. goeasy's payout ratio is 30.45%.

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.