ECN Capital (TSE:ECN - Get Free Report) will be releasing its earnings data after the market closes on Thursday, November 7th. Analysts expect ECN Capital to post earnings of C$0.05 per share for the quarter.
ECN Capital (TSE:ECN - Get Free Report) last posted its earnings results on Wednesday, August 7th. The company reported C$0.04 earnings per share (EPS) for the quarter, meeting the consensus estimate of C$0.04. The business had revenue of C$79.37 million for the quarter, compared to analysts' expectations of C$75.42 million. ECN Capital had a negative net margin of 55.01% and a negative return on equity of 33.69%.
ECN Capital Stock Performance
ECN traded down C$0.01 during midday trading on Thursday, hitting C$2.21. 69,741 shares of the company traded hands, compared to its average volume of 325,307. 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 firm has a market capitalization of C$621.28 million, a PE ratio of -6.73, 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 has a 52 week low of C$1.60 and a 52 week high of C$3.10.
ECN Capital Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Tuesday, October 1st were paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 1.81%. The ex-dividend date of this dividend was Friday, September 13th. ECN Capital's dividend payout ratio is currently -12.12%.
Analyst Upgrades and Downgrades
Several research firms have issued reports on ECN. CIBC upped their target price on shares of ECN Capital from C$2.00 to C$2.25 in a research note on Thursday, August 8th. BMO Capital Markets upped their price target on shares of ECN Capital from C$2.00 to C$2.35 in a research report on Friday, August 9th. Finally, National Bankshares upped their price target on shares of ECN Capital from C$2.25 to C$2.50 in a research report on Thursday, August 8th. Five investment analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of C$2.48.
View Our Latest Stock Report on ECN Capital
About ECN Capital
(
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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.
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