What is Scotiabank’s Estimate for goeasy FY2024 Earnings?

goeasy Ltd. (TSE:GSY) – Investment analysts at Scotiabank decreased their FY2024 EPS estimates for goeasy in a report issued on Wednesday, January 8th. Scotiabank analyst P. Hardie now expects that the company will earn $16.41 per share for the year, down from their prior forecast of $17.38. The consensus estimate for goeasy’s current full-year earnings is $20.32 per share. Scotiabank also issued estimates for goeasy’s FY2025 earnings at $19.08 EPS and FY2026 earnings at $21.52 EPS.

GSY has been the subject of several other reports. Desjardins lowered their price objective 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. BMO Capital Markets boosted their price target on goeasy from C$202.00 to C$207.00 in a report on Monday, November 11th. Finally, National Bankshares raised their price objective on goeasy from C$235.00 to C$240.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$219.89.

goeasy Stock Performance

Shares of goeasy stock opened at C$170.01 on Monday. The company has a current ratio of 15.97, a quick ratio of 28.46 and a debt-to-equity ratio of 289.31. The company has a market cap of C$2.86 billion, a PE ratio of 11.06, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87. The company has a 50 day moving average of C$169.78 and a 200-day moving average of C$180.01. goeasy has a 1-year low of C$150.06 and a 1-year high of C$206.02.

Insider Buying and Selling at goeasy

In related news, 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 value of C$316,051.56. Also, Senior Officer Jason Mullins sold 2,500 shares of the firm’s stock in a transaction on Thursday, December 5th. The stock was sold at an average price of C$171.76, for a total value of C$429,400.00. Corporate insiders own 22.05% of the company’s stock.

goeasy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, January 10th were issued a $1.17 dividend. The ex-dividend date was Friday, December 27th. This represents a $4.68 dividend on an annualized basis and a yield of 2.75%. 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.