Analysts Issue Forecasts for Propel’s Q4 Earnings (TSE:PRL)

Propel Holdings Inc. (TSE:PRL) – Research analysts at Roth Capital raised their Q4 2024 earnings per share (EPS) estimates for shares of Propel in a report issued on Tuesday, November 12th. Roth Capital analyst C. Irwin now expects that the company will earn $0.54 per share for the quarter, up from their previous forecast of $0.45. The consensus estimate for Propel’s current full-year earnings is $5.39 per share. Roth Capital also issued estimates for Propel’s Q3 2025 earnings at $0.79 EPS.

Several other equities analysts also recently weighed in on the stock. Ventum Financial set a C$38.00 price target on shares of Propel and gave the company a “buy” rating in a report on Wednesday, October 9th. Raymond James upped their target price on shares of Propel from C$34.00 to C$40.00 in a report on Thursday, November 7th. Scotiabank lowered Propel from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 8th. Ventum Cap Mkts upgraded Propel to a “strong-buy” rating in a research report on Tuesday, October 8th. Finally, Canaccord Genuity Group upgraded Propel to a “strong-buy” rating in a research report on Friday, October 4th.

Propel Stock Down 1.8 %

TSE PRL opened at $35.71 on Wednesday. The stock’s 50-day moving average price is $32.11 and its 200-day moving average price is $25.65. The company has a market capitalization of $1.23 billion, a P/E ratio of 24.97 and a beta of 1.75. Propel has a 52 week low of $8.94 and a 52 week high of $40.88.

Propel Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Wednesday, December 4th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.68%. The ex-dividend date is Friday, November 15th. This is a positive change from Propel’s previous quarterly dividend of $0.14. Propel’s dividend payout ratio (DPR) is 39.16%.

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.