National Bank Financial Comments on TSE:EFN Q2 Earnings

Element Fleet Management Corp. (TSE:EFN) – Stock analysts at National Bank Financial lifted their Q2 2025 earnings per share (EPS) estimates for shares of Element Fleet Management in a research report issued to clients and investors on Tuesday, October 29th. National Bank Financial analyst J. Gloyn now forecasts that the financial services provider will post earnings of $0.43 per share for the quarter, up from their previous forecast of $0.42. The consensus estimate for Element Fleet Management’s current full-year earnings is $1.69 per share.

EFN has been the subject of a number of other research reports. BMO Capital Markets upped their target price on Element Fleet Management from C$28.00 to C$32.00 in a report on Thursday, August 15th. Jefferies Financial Group increased their price target on Element Fleet Management from C$28.00 to C$31.00 and gave the stock a “buy” rating in a report on Tuesday, July 30th. National Bankshares increased their price target on Element Fleet Management from C$34.00 to C$37.00 in a report on Friday, September 27th. Raymond James increased their price objective on Element Fleet Management from C$29.00 to C$30.00 and gave the stock a “strong-buy” rating in a research note on Wednesday, August 14th. Finally, Scotiabank increased their price objective on Element Fleet Management from C$27.00 to C$28.00 in a research note on Wednesday, July 24th. One analyst has rated the stock with a sell rating, seven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of C$32.25.

Element Fleet Management Price Performance

Element Fleet Management stock opened at C$28.53 on Thursday. The company has a debt-to-equity ratio of 303.14, a quick ratio of 5.70 and a current ratio of 8.22. Element Fleet Management has a 52 week low of C$18.92 and a 52 week high of C$30.04. The stock has a market capitalization of C$11.51 billion, a P/E ratio of 22.29, a price-to-earnings-growth ratio of 2.97 and a beta of 0.91. The stock has a fifty day moving average of C$28.50 and a 200-day moving average of C$25.81.

Element Fleet Management (TSE:EFN) last announced its quarterly earnings data on Tuesday, August 13th. The financial services provider reported C$0.40 earnings per share for the quarter, beating the consensus estimate of C$0.37 by C$0.03. The firm had revenue of C$375.68 million during the quarter, compared to analysts’ expectations of C$368.46 million. Element Fleet Management had a return on equity of 12.58% and a net margin of 23.41%.

Insider Buying and Selling at Element Fleet Management

In related news, Senior Officer Laura Lee Dottori-Attanasio acquired 18,000 shares of the firm’s stock in a transaction dated Thursday, September 5th. The shares were purchased at an average price of C$27.67 per share, for a total transaction of C$498,074.40. Company insiders own 0.26% of the company’s stock.

Element Fleet Management Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 15th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.48 dividend on an annualized basis and a yield of 1.68%. Element Fleet Management’s payout ratio is 37.50%.

Element Fleet Management Company Profile

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.