FY2025 EPS Estimates for Propel Reduced by Ventum Cap Mkts

Propel Holdings Inc. (TSE:PRL) – Investment analysts at Ventum Cap Mkts decreased their FY2025 earnings per share (EPS) estimates for Propel in a research report issued on Monday, March 3rd. Ventum Cap Mkts analyst R. Goff now anticipates that the company will post earnings per share of $3.31 for the year, down from their prior forecast of $3.33. The consensus estimate for Propel’s current full-year earnings is $5.39 per share. Ventum Cap Mkts also issued estimates for Propel’s FY2026 earnings at $4.22 EPS and FY2027 earnings at $5.13 EPS.

PRL has been the subject of a number of other research reports. Eight Capital boosted their price objective on shares of Propel from C$38.00 to C$45.00 in a research report on Friday, November 8th. Stephens upgraded Propel to a “strong-buy” rating in a report on Wednesday, November 13th. Scotiabank cut Propel from a “strong-buy” rating to a “hold” rating in a report on Friday, November 8th. Finally, Raymond James upped their target price on Propel from C$40.00 to C$47.00 in a research note on Monday, November 18th. One investment analyst has rated the stock with a hold rating, one has given a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $41.00.

Propel Trading Down 3.4 %

TSE:PRL opened at $26.45 on Thursday. Propel has a 12-month low of $14.97 and a 12-month high of $43.36. The firm has a market cap of $736.39 million, a price-to-earnings ratio of 16.36 and a beta of 1.75. The company’s 50-day moving average is $35.55 and its two-hundred day moving average is $33.78.

Insider Activity

In other news, Senior Officer Cindy Usprech sold 5,600 shares of the firm’s stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $36.13, for a total value of $202,345.92. Also, Director Clive Kinross sold 30,000 shares of the business’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $36.79, for a total value of $1,103,817.00. Insiders sold 54,400 shares of company stock valued at $2,009,283 in the last ninety days. Company insiders own 33.31% of the company’s stock.

Propel Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Wednesday, March 5th were issued a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a dividend yield of 9.98%. The ex-dividend date was Wednesday, February 19th. This is a positive change from Propel’s previous quarterly dividend of $0.15. Propel’s dividend payout ratio (DPR) is 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.