FY2025 EPS Estimate for ECN Capital Increased by Analyst

Key Points

• The National Bank Financial has raised its FY2025 earnings per share estimate for ECN Capital to $0.32, up from a previous estimate of $0.24.
• ECN Capital recently declared a quarterly dividend of $0.01 per share, representing an annualized yield of 1.29%.
• Insider transactions revealed that Director Steven Kenneth Hudson purchased 200,000 shares at an average price of C$2.56, signaling confidence in the company’s future.

ECN Capital Corp. (TSE:ECN - Free Report) - Stock analysts at National Bank Financial raised their FY2025 earnings per share (EPS) estimates for ECN Capital in a report issued on Monday, July 28th. National Bank Financial analyst J. Gloyn now anticipates that the company will post earnings of $0.32 per share for the year, up from their prior forecast of $0.24. The consensus estimate for ECN Capital's current full-year earnings is $0.24 per share.

ECN Capital Stock Performance

ECN traded up C$0.03 on Thursday, hitting C$3.07. The company had a trading volume of 357,172 shares, compared to its average volume of 157,252. ECN Capital has a 1-year low of C$1.96 and a 1-year high of C$3.52. The company's fifty day moving average price is C$2.82 and its 200 day moving average price is C$2.90. The company has a debt-to-equity ratio of 304.13, a current ratio of 13.28 and a quick ratio of 3.81. The stock has a market cap of C$616.09 million, a price-to-earnings ratio of -13.72, a price-to-earnings-growth ratio of 0.24 and a beta of 1.35.

ECN Capital Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 30th were paid a $0.01 dividend. The ex-dividend date was Friday, June 13th. This represents a $0.04 dividend on an annualized basis and a yield of 1.3%. ECN Capital's dividend payout ratio (DPR) is presently -17.87%.

Insider Transactions at ECN Capital

In related news, Director Steven Kenneth Hudson purchased 200,000 shares of the firm's stock in a transaction on Monday, June 9th. The shares were bought at an average cost of C$2.56 per share, for a total transaction of C$511,300.00. Insiders own 18.31% of the company's stock.

ECN Capital Company Profile

ECN Capital Corp is a financial business service provider. It originates, structures and manages financial products and provides advisory services for financial institutions. The company's operating segment includes Service Finance - Home Improvement Loans; KG - Consumer Credit Card Portfolios and Related Financial Products; Triad Financial Services - Manufactured Home Loans and Corporate.