goeasy (GSY) Scheduled to Post Earnings on Thursday

goeasy (TSE:GSY - Get Free Report) is set to post its quarterly earnings results after the market closes on Thursday, November 7th. Analysts expect goeasy to post earnings of C$4.14 per share for the quarter.

goeasy (TSE:GSY - Get Free Report) last posted its quarterly earnings results on Thursday, August 8th. The company reported C$4.10 earnings per share (EPS) for the quarter, topping the consensus estimate of C$4.01 by C$0.09. The business had revenue of C$377.80 million for the quarter, compared to analyst estimates of C$372.40 million. goeasy had a net margin of 33.40% and a return on equity of 25.28%.

goeasy Price Performance

TSE:GSY traded down C$3.04 during mid-day trading on Thursday, reaching C$177.13. The stock had a trading volume of 59,625 shares, compared to its average volume of 49,197. The stock has a 50-day simple moving average of C$181.80 and a two-hundred day simple moving average of C$183.64. The company has a debt-to-equity ratio of 289.31, a current ratio of 15.97 and a quick ratio of 28.46. goeasy has a 12 month low of C$108.84 and a 12 month high of C$206.02. The stock has a market capitalization of C$2.98 billion, a PE ratio of 11.37, a P/E/G ratio of 0.84 and a beta of 1.87.

goeasy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 11th. Stockholders of record on Friday, October 11th were issued a dividend of $1.17 per share. The ex-dividend date was Friday, September 27th. This represents a $4.68 dividend on an annualized basis and a dividend yield of 2.64%. goeasy's dividend payout ratio (DPR) is currently 30.45%.

Analyst Ratings Changes

GSY has been the topic of several research analyst reports. National Bankshares lifted their target price on goeasy from C$235.00 to C$240.00 and gave the company an "outperform" rating in a research report on Wednesday. BMO Capital Markets downgraded shares of goeasy from an "outperform" rating to a "market perform" rating and dropped their price objective for the company from C$218.00 to C$202.00 in a research note on Tuesday, October 22nd. Desjardins decreased their target price on shares of goeasy from C$215.00 to C$210.00 and set a "buy" rating on the stock in a research note on Wednesday, October 23rd. Finally, Scotiabank upped their price target on shares of goeasy from C$215.00 to C$222.00 in a report on Friday, August 9th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, goeasy currently has an average rating of "Moderate Buy" and a consensus price target of C$219.33.

Insider Buying and Selling

In other news, Senior Officer Jason Mullins sold 4,500 shares of the stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of C$188.00, for a total value of C$846,000.00. 22.05% of the stock is currently owned by insiders.

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.