Research Analysts Issue Forecasts for goeasy FY2024 Earnings

goeasy Ltd. (TSE:GSY) – Research analysts at Cormark upped their FY2024 earnings per share (EPS) estimates for shares of goeasy in a research note issued on Monday, November 11th. Cormark analyst J. Fenwick now forecasts that the company will earn $16.57 per share for the year, up from their prior forecast of $16.52. The consensus estimate for goeasy’s current full-year earnings is $20.32 per share. Cormark also issued estimates for goeasy’s Q3 2025 earnings at $5.46 EPS and Q4 2025 earnings at $5.80 EPS.

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

goeasy Trading Down 1.2 %

Shares of goeasy stock opened at C$173.74 on Wednesday. goeasy has a 52-week low of C$121.49 and a 52-week high of C$206.02. The stock’s 50-day simple moving average is C$179.60 and its 200 day simple moving average is C$184.04. The stock has a market capitalization of C$2.92 billion, a P/E ratio of 11.30, a P/E/G ratio of 0.84 and a beta of 1.87. The company has a debt-to-equity ratio of 289.31, a quick ratio of 28.46 and a current ratio of 15.97.

Insider Activity at goeasy

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

goeasy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, December 27th will be given 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 2.69%. goeasy’s dividend payout ratio (DPR) 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.