Analysts Set Expectations for Propel’s Q1 Earnings (TSE:PRL)

Propel Holdings Inc. (TSE:PRL) – Equities researchers at Ventum Cap Mkts decreased their Q1 2025 earnings estimates for Propel in a research report issued to clients and investors on Thursday, March 13th. Ventum Cap Mkts analyst R. Goff now expects that the company will post earnings per share of $0.69 for the quarter, down from their previous estimate of $0.75. The consensus estimate for Propel’s current full-year earnings is $5.39 per share. Ventum Cap Mkts also issued estimates for Propel’s Q2 2025 earnings at $0.79 EPS.

A number of other equities research analysts also recently weighed in on PRL. Scotiabank lowered their price target on Propel from C$45.00 to C$44.00 and set an “outperform” rating for the company in a report on Thursday, March 13th. Raymond James lowered their target price on shares of Propel from C$52.00 to C$44.00 and set an “outperform” rating for the company in a research note on Thursday, March 13th. Three research analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Strong Buy” and a consensus price target of $42.75.

Propel Stock Down 0.0 %

Shares of Propel stock opened at $23.65 on Monday. The business has a 50-day moving average price of $33.57 and a 200 day moving average price of $33.73. Propel has a fifty-two week low of $14.97 and a fifty-two week high of $43.36. The firm has a market cap of $658.44 million, a P/E ratio of 14.63 and a beta of 1.75.

Insiders Place Their Bets

In other Propel news, Senior Officer Noah Buchman sold 18,800 shares of the company’s stock in a transaction dated Tuesday, December 24th. The shares were sold at an average price of $37.40, for a total value of $703,120.00. Also, Senior Officer Cindy Usprech sold 5,600 shares of the business’s stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $36.13, for a total value of $202,345.92. 33.31% of the stock is owned by corporate insiders.

Propel Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Wednesday, March 5th were paid a dividend of $0.66 per share. This is an increase from Propel’s previous quarterly dividend of $0.15. This represents a $2.64 dividend on an annualized basis and a yield of 11.16%. The ex-dividend date of this dividend was Wednesday, February 19th. Propel’s dividend payout ratio is presently 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.