Q2 Earnings Forecast for Propel Issued By Cormark (TSE:PRL)

Propel Holdings Inc. (TSE:PRL - Free Report) - Equities researchers at Cormark issued their Q2 2025 earnings estimates for Propel in a report released on Thursday, July 10th. Cormark analyst J. Fenwick expects that the company will earn $0.58 per share for the quarter. Cormark currently has a "Moderate Buy" rating on the stock. The consensus estimate for Propel's current full-year earnings is $5.39 per share. Cormark also issued estimates for Propel's Q3 2025 earnings at $0.62 EPS, Q4 2025 earnings at $0.86 EPS, FY2025 earnings at $2.81 EPS, Q1 2026 earnings at $1.00 EPS, Q2 2026 earnings at $0.89 EPS, Q3 2026 earnings at $0.86 EPS, Q4 2026 earnings at $1.15 EPS, FY2026 earnings at $3.90 EPS, Q1 2027 earnings at $1.36 EPS, Q2 2027 earnings at $1.22 EPS and FY2027 earnings at $5.30 EPS.

Other equities research analysts have also issued research reports about the stock. Scotiabank dropped their target price on shares of Propel from C$44.00 to C$38.00 and set an "outperform" rating for the company in a report on Thursday, April 24th. Raymond James Financial dropped their price objective on shares of Propel from C$46.00 to C$42.00 in a report on Wednesday. Three equities research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Propel presently has an average rating of "Strong Buy" and an average target price of $40.75.

Propel Stock Up 0.5%

Shares of Propel stock traded up $0.19 during trading hours on Monday, reaching $36.64. 131,980 shares of the company's stock were exchanged, compared to its average volume of 180,110. Propel has a 1 year low of $20.99 and a 1 year high of $43.36. The company has a market capitalization of $1.02 billion, a P/E ratio of 22.66 and a beta of 1.75. The business has a fifty day moving average of $34.70 and a two-hundred day moving average of $31.74.

Insider Buying and Selling

In other Propel news, Senior Officer Cindy Usprech sold 11,050 shares of the company's stock in a transaction dated Friday, May 9th. The shares were sold at an average price of $32.54, for a total value of $359,567.00. Also, Director Clive Kinross sold 10,000 shares of the company's stock in a transaction dated Monday, June 16th. The shares were sold at an average price of $34.23, for a total transaction of $342,300.00. Insiders have sold a total of 115,493 shares of company stock valued at $4,085,590 over the last three months. Company insiders own 33.31% of the company's stock.

Propel Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 4th. Investors of record on Wednesday, June 4th were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.97%. The ex-dividend date of this dividend was Thursday, May 15th. Propel's dividend payout ratio is currently 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.