Equities Analysts Offer Predictions for Propel Q1 Earnings

Propel Holdings Inc. (TSE:PRL - Free Report) - Research analysts at Ventum Cap Mkts reduced their Q1 2025 EPS estimates for Propel in a report issued on Thursday, April 24th. Ventum Cap Mkts analyst R. Goff now anticipates that the company will earn $0.67 per share for the quarter, down from their prior estimate of $0.69. 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 $0.76 EPS.

A number of other research firms have also weighed in on PRL. Raymond James reduced their target price on shares of Propel from C$52.00 to C$44.00 and set an "outperform" rating on the stock in a report on Thursday, March 13th. Scotiabank cut their price target on Propel from C$44.00 to C$38.00 and set an "outperform" rating on the stock in a report on Thursday, April 24th. 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 stock presently has a consensus rating of "Strong Buy" and an average target price of $41.25.

Propel Trading Down 0.4 %

TSE:PRL traded down $0.11 on Friday, hitting $26.94. The company had a trading volume of 47,258 shares, compared to its average volume of 204,011. The firm has a 50 day moving average of $25.01 and a two-hundred day moving average of $32.50. The stock has a market capitalization of $750.03 million, a price-to-earnings ratio of 16.66 and a beta of 1.75. Propel has a 52 week low of $19.91 and a 52 week high of $43.36.

Propel Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Wednesday, March 5th were issued a dividend of $0.66 per share. This is a positive change from Propel's previous quarterly dividend of $0.15. This represents a $2.64 dividend on an annualized basis and a yield of 9.80%. The ex-dividend date of this dividend was Wednesday, February 19th. Propel's dividend payout ratio (DPR) is 34.64%.

Propel Company Profile

Propel Holdings Inc is a financial technology company committed to credit inclusion and helping underserved consumers by providing fair, fast, and transparent access to credit. It operates through its two brands: MoneyKey and CreditFresh. The company, through its MoneyKey brand, is a state-licensed direct lender and offers either Installment Loans or Lines of Credit to new customers in several US states.