Ventum Cap Mkts Has Bearish Estimate for Propel Q1 Earnings

Propel Holdings Inc. (TSE:PRL - Free Report) - Equities research analysts at Ventum Cap Mkts cut their Q1 2025 EPS estimates for Propel in a research report issued to clients and investors on Monday, March 3rd. Ventum Cap Mkts analyst R. Goff now forecasts that the company will post earnings of $0.75 per share for the quarter, down from their prior estimate of $0.76. The consensus estimate for Propel's current full-year earnings is $5.39 per share. Ventum Cap Mkts also issued estimates for Propel's Q3 2025 earnings at $0.78 EPS and Q4 2025 earnings at $0.98 EPS.

Other research analysts have also recently issued reports about the stock. Raymond James raised their target price on shares of Propel from C$40.00 to C$47.00 in a report on Monday, November 18th. Stephens raised Propel to a "strong-buy" rating in a research report on Wednesday, November 13th. One analyst has rated the stock with a hold rating, one has issued a buy rating and three have issued a strong buy rating to the company. According to MarketBeat, Propel has a consensus rating of "Buy" and an average target price of $41.00.

Propel Stock Performance

TSE:PRL traded down $0.62 during mid-day trading on Wednesday, reaching $25.83. 244,863 shares of the company's stock were exchanged, compared to its average volume of 194,382. The business's fifty day simple moving average is $35.11 and its two-hundred day simple moving average is $33.85. Propel has a one year low of $14.97 and a one year high of $43.36. The firm has a market capitalization of $719.13 million, a PE ratio of 15.98 and a beta of 1.75.

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Insider Activity at Propel

In other news, Senior Officer Noah Buchman sold 18,800 shares of the firm's stock in a transaction that occurred on Tuesday, December 24th. The shares were sold at an average price of $37.40, for a total value of $703,120.00. Also, Director Clive Kinross sold 30,000 shares of the company's stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $36.79, for a total transaction of $1,103,817.00. Insiders have sold 54,400 shares of company stock valued at $2,009,283 over the last three months. 33.31% of the stock is owned by insiders.

Propel Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Wednesday, March 5th were given a dividend of $0.66 per share. This is a positive change from Propel's previous quarterly dividend of $0.15. The ex-dividend date was Wednesday, February 19th. This represents a $2.64 annualized dividend and a dividend yield of 10.22%. Propel's dividend payout ratio (DPR) is currently 34.64%.

Propel Company Profile

Propel Holdings Inc operates as a financial technology company. The company's lending platform facilitates to credit products, such as installment loans and lines of credit under the MoneyKey, CreditFresh, and Fora Credit brands to American consumers. It also offers marketing, analytics, and loan servicing services.