FY2024 Earnings Estimate for goeasy Issued By Raymond James

goeasy Ltd. (TSE:GSY - Free Report) - Research analysts at Raymond James lowered their FY2024 earnings per share (EPS) estimates for goeasy in a research note issued to investors on Tuesday, January 28th. Raymond James analyst S. Boland now expects that the company will earn $16.49 per share for the year, down from their prior forecast of $16.79. The consensus estimate for goeasy's current full-year earnings is $20.32 per share. Raymond James also issued estimates for goeasy's Q4 2024 earnings at $4.47 EPS, Q1 2025 earnings at $4.68 EPS and Q2 2025 earnings at $4.79 EPS.

Several other brokerages also recently issued reports on GSY. National Bankshares raised their price objective 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. Desjardins lowered their target price on shares of goeasy from C$215.00 to C$210.00 and set a "buy" rating for the company in a research note on Wednesday, October 23rd. Finally, BMO Capital Markets raised their price target on shares of goeasy from C$202.00 to C$207.00 in a research note on Monday, November 11th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of C$219.89.

goeasy Price Performance

goeasy stock traded up C$1.26 during mid-day trading on Thursday, reaching C$184.24. 38,571 shares of the company's stock traded hands, compared to its average volume of 62,369. goeasy has a 12-month low of C$150.21 and a 12-month high of C$206.02. The company has a quick ratio of 28.46, a current ratio of 15.97 and a debt-to-equity ratio of 289.31. The stock has a 50 day moving average of C$171.05 and a two-hundred day moving average of C$179.23. The company has a market cap of C$3.10 billion, a price-to-earnings ratio of 11.99, a PEG ratio of 0.84 and a beta of 1.87.

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

Insider Activity

In other news, Senior Officer Patrick Ryan Doris Ens acquired 3,050 shares of goeasy stock in a transaction that occurred on Friday, November 15th. The stock was purchased at an average price of C$172.62 per share, for a total transaction of C$526,491.00. Also, Senior Officer Michael Anthony Eubanks sold 1,800 shares of the firm's stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of C$175.58, for a total value of C$316,051.56. Insiders own 22.05% of the company's stock.

goeasy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, January 10th were given a $1.17 dividend. The ex-dividend date was Friday, December 27th. This represents a $4.68 annualized dividend and a dividend yield of 2.54%. goeasy's payout ratio is presently 30.45%.

goeasy Company Profile

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.