National Bank Financial Predicts Higher Earnings for goeasy

goeasy Ltd. (TSE:GSY) – Analysts at National Bank Financial raised their FY2024 EPS estimates for goeasy in a research report issued to clients and investors on Sunday, November 10th. National Bank Financial analyst J. Gloyn now anticipates that the company will post earnings of $16.90 per share for the year, up from their previous forecast of $16.72. The consensus estimate for goeasy’s current full-year earnings is $20.32 per share. National Bank Financial also issued estimates for goeasy’s FY2025 earnings at $19.95 EPS.

A number of other brokerages have also recently issued reports on GSY. Scotiabank boosted their target price on shares of goeasy from C$215.00 to C$222.00 in a research report on Friday, August 9th. Desjardins reduced their target price on shares of goeasy from C$215.00 to C$210.00 and set a “buy” rating for the company in a research report on Wednesday, October 23rd. National Bankshares boosted their target price on shares of goeasy from C$235.00 to C$240.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. Finally, BMO Capital Markets boosted their target price on shares of goeasy from C$202.00 to C$207.00 in a research report on Monday. Two analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, goeasy has a consensus rating of “Moderate Buy” and a consensus price target of C$219.89.

goeasy Price Performance

TSE:GSY opened at C$175.83 on Wednesday. goeasy has a one year low of C$121.33 and a one year high of C$206.02. The company has a market cap of C$2.95 billion, a P/E ratio of 11.44, a P/E/G ratio of 0.84 and a beta of 1.87. The firm’s fifty day moving average price is C$179.81 and its two-hundred day moving average price is C$184.05. The company has a debt-to-equity ratio of 289.31, a current ratio of 15.97 and a quick ratio of 28.46.

Insider Transactions at goeasy

In related news, Senior Officer Michael Anthony Eubanks sold 1,800 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of C$175.58, for a total value of C$316,051.56. In other news, Senior Officer Michael Anthony Eubanks sold 1,800 shares of the company’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of C$175.58, for a total value of C$316,051.56. Also, Senior Officer Jason Mullins sold 4,500 shares of the stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of C$188.00, for a total value of C$846,000.00. Company insiders own 22.05% of the company’s stock.

goeasy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Friday, December 27th will be paid a $1.17 dividend. The ex-dividend date of this dividend is Friday, December 27th. This represents a $4.68 dividend on an annualized basis and a dividend yield of 2.66%. goeasy’s payout ratio is presently 30.45%.

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.