National Bank Financial Estimates TSE:EFN Q2 Earnings

Element Fleet Management Corp. (TSE:EFN - Free Report) - National Bank Financial lifted their Q2 2025 EPS estimates for Element Fleet Management in a note issued to investors on Tuesday, October 29th. National Bank Financial analyst J. Gloyn now anticipates that the financial services provider will post earnings per share of $0.43 for the quarter, up from their prior forecast of $0.42. The consensus estimate for Element Fleet Management's current full-year earnings is $1.69 per share.

A number of other brokerages have also issued reports on EFN. CIBC lifted their price target on shares of Element Fleet Management from C$30.00 to C$33.00 in a research note on Thursday. TD Securities lifted their price target on shares of Element Fleet Management from C$30.00 to C$32.00 in a research note on Friday, September 20th. National Bankshares lifted their price objective on shares of Element Fleet Management from C$34.00 to C$37.00 in a report on Friday, September 27th. Scotiabank lifted their price objective on shares of Element Fleet Management from C$27.00 to C$28.00 in a report on Wednesday, July 24th. Finally, Royal Bank of Canada lifted their price objective on shares of Element Fleet Management from C$33.00 to C$35.00 and gave the stock an "outperform" rating in a report on Wednesday, August 14th. One analyst has rated the stock with a sell rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Element Fleet Management presently has a consensus rating of "Moderate Buy" and an average target price of C$32.25.

Element Fleet Management Stock Down 1.5 %

Shares of TSE:EFN traded down C$0.44 during midday trading on Thursday, reaching C$28.49. The company had a trading volume of 853,474 shares, compared to its average volume of 538,354. The company has a debt-to-equity ratio of 303.14, a current ratio of 8.22 and a quick ratio of 5.70. The stock's fifty day moving average price is C$28.47 and its 200-day moving average price is C$25.77. The stock has a market capitalization of C$11.50 billion, a P/E ratio of 22.26, a PEG ratio of 2.97 and a beta of 0.91. Element Fleet Management has a one year low of C$18.59 and a one year high of C$30.04.

Element Fleet Management (TSE:EFN - Get Free Report) last issued its quarterly earnings results on Tuesday, August 13th. The financial services provider reported C$0.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of C$0.37 by C$0.03. The business had revenue of C$375.68 million during the quarter, compared to analyst estimates of C$368.46 million. Element Fleet Management had a net margin of 23.41% and a return on equity of 12.58%.

Insider Activity

In other news, Senior Officer Laura Lee Dottori-Attanasio purchased 18,000 shares of Element Fleet Management stock in a transaction dated Thursday, September 5th. The stock was bought at an average price of C$27.67 per share, with a total value of C$498,074.40. Corporate insiders own 0.26% of the company's stock.

Element Fleet Management Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 15th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.68%. The ex-dividend date was Friday, September 27th. Element Fleet Management's dividend payout ratio (DPR) is 37.50%.

About Element Fleet Management

Element Fleet Management Corp. operates as a fleet management company primarily in Canada, Mexico, Australia, and New Zealand. The company offers end-to-end fleet cars, trucks, and material handling support equipment acquisition; and end-to-end electric vehicle fleet including fleet planning, charging infrastructure solutions, acquisition, financing, maintenance, and remarketing.