ECN Capital FY2025 EPS Decreased by National Bank Financial

ECN Capital Corp. (TSE:ECN - Free Report) - National Bank Financial cut their FY2025 earnings per share (EPS) estimates for shares of ECN Capital in a report issued on Tuesday, October 29th. National Bank Financial analyst J. Gloyn now expects that the company will post earnings of $0.18 per share for the year, down from their previous estimate of $0.19. The consensus estimate for ECN Capital's current full-year earnings is $0.24 per share.

ECN Capital (TSE:ECN - Get Free Report) last issued its quarterly earnings results on Wednesday, August 7th. The company reported C$0.04 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of C$0.04. ECN Capital had a negative return on equity of 33.69% and a negative net margin of 55.01%. The firm had revenue of C$79.37 million for the quarter, compared to analyst estimates of C$75.42 million.

Several other analysts have also recently issued reports on the stock. National Bankshares upped their price objective on shares of ECN Capital from C$2.25 to C$2.50 in a research note on Thursday, August 8th. BMO Capital Markets lifted their price objective on ECN Capital from C$2.00 to C$2.35 in a research report on Friday, August 9th. Finally, CIBC raised their target price on ECN Capital from C$2.00 to C$2.25 in a research note on Thursday, August 8th. Five analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of C$2.48.

ECN Capital Price Performance

ECN traded up C$0.02 on Friday, hitting C$2.23. 48,750 shares of the company's stock were exchanged, compared to its average volume of 324,002. The firm has a 50-day moving average price of C$2.14 and a 200-day moving average price of C$1.95. The stock has a market cap of C$626.90 million, a price-to-earnings ratio of -6.76, a P/E/G ratio of 0.24 and a beta of 1.35. The company has a current ratio of 10.77, a quick ratio of 3.81 and a debt-to-equity ratio of 383.08. ECN Capital has a fifty-two week low of C$1.60 and a fifty-two week high of C$3.10.

ECN Capital Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Tuesday, October 1st were paid a dividend of $0.01 per share. The ex-dividend date was Friday, September 13th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.79%. ECN Capital's payout ratio is currently -12.12%.

ECN Capital Company Profile

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.