ECN Capital Corp. (TSE:ECN) Receives C$2.48 Consensus PT from Analysts

Shares of ECN Capital Corp. (TSE:ECN - Get Free Report) have received a consensus rating of "Hold" from the five ratings firms that are currently covering the stock, MarketBeat reports. Five research analysts have rated the stock with a hold rating. The average 1-year target price among brokerages that have covered the stock in the last year is C$2.48.

A number of equities research analysts recently weighed in on ECN shares. BMO Capital Markets boosted their price target on shares of ECN Capital from C$2.00 to C$2.35 in a research report on Friday, August 9th. CIBC raised their price target on ECN Capital from C$2.00 to C$2.25 in a research note on Thursday, August 8th. Finally, National Bankshares boosted their price objective on ECN Capital from C$2.25 to C$2.50 in a research note on Thursday, August 8th.

ECN Capital Stock Up 0.9 %

Shares of ECN traded up C$0.02 during mid-day trading on Friday, reaching C$2.23. The company's stock had a trading volume of 48,800 shares, compared to its average volume of 324,002. The company has a debt-to-equity ratio of 383.08, a current ratio of 10.77 and a quick ratio of 3.81. ECN Capital has a 12-month low of C$1.60 and a 12-month high of C$3.10. The stock has a market cap of C$626.90 million, a PE ratio of -6.76, a price-to-earnings-growth ratio of 0.24 and a beta of 1.35. The company's 50 day moving average is C$2.14 and its 200 day moving average is C$1.95.

ECN Capital (TSE:ECN - Get Free Report) last announced its quarterly earnings results on Wednesday, August 7th. The company reported C$0.04 EPS for the quarter, meeting the consensus estimate of C$0.04. The company had revenue of C$79.37 million for the quarter, compared to analyst estimates of C$75.42 million. ECN Capital had a negative net margin of 55.01% and a negative return on equity of 33.69%. Equities analysts anticipate that ECN Capital will post 0.2446449 EPS for the current fiscal year.

ECN Capital Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Tuesday, October 1st were issued a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.79%. The ex-dividend date was Friday, September 13th. 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.