TSE:EFN Q1 EPS Forecast Increased by National Bank Financial

Element Fleet Management Corp. (TSE:EFN - Free Report) - Investment analysts at National Bank Financial raised their Q1 2025 earnings per share estimates for shares of Element Fleet Management in a research note issued to investors on Tuesday, April 29th. National Bank Financial analyst J. Gloyn now forecasts that the financial services provider will post earnings of $0.39 per share for the quarter, up from their previous forecast of $0.37. The consensus estimate for Element Fleet Management's current full-year earnings is $1.69 per share. National Bank Financial also issued estimates for Element Fleet Management's Q2 2025 earnings at $0.42 EPS, Q3 2025 earnings at $0.46 EPS, FY2025 earnings at $1.71 EPS, Q1 2026 earnings at $0.42 EPS and FY2026 earnings at $1.95 EPS.

A number of other analysts have also issued reports on the stock. BMO Capital Markets raised their target price on shares of Element Fleet Management from C$33.00 to C$35.00 in a research report on Friday, May 2nd. Jefferies Financial Group dropped their price objective on shares of Element Fleet Management from C$31.00 to C$30.00 in a research report on Monday, April 21st. National Bankshares dropped their target price on Element Fleet Management from C$41.00 to C$40.00 and set an "outperform" rating on the stock in a report on Thursday, February 27th. Keefe, Bruyette & Woods raised shares of Element Fleet Management to a "hold" rating in a research report on Sunday, April 20th. Finally, CIBC boosted their price target on Element Fleet Management from C$33.00 to C$34.00 and gave the company an "outperform" rating in a report on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of C$34.38.

Element Fleet Management Price Performance

Element Fleet Management stock traded up C$0.23 during mid-day trading on Friday, hitting C$31.24. 70,624 shares of the company were exchanged, compared to its average volume of 608,171. The company has a market capitalization of C$8.95 billion, a P/E ratio of 25.93, a PEG ratio of 2.97 and a beta of 0.91. The business's 50 day simple moving average is C$29.02 and its two-hundred day simple moving average is C$28.96. Element Fleet Management has a 12-month low of C$22.19 and a 12-month high of C$31.41. The company has a debt-to-equity ratio of 303.64, a current ratio of 7.04 and a quick ratio of 5.70.

Element Fleet Management Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were paid a $0.13 dividend. The ex-dividend date was Monday, March 31st. This is a positive change from Element Fleet Management's previous quarterly dividend of $0.12. This represents a $0.52 dividend on an annualized basis and a yield of 1.66%. Element Fleet Management's dividend payout ratio (DPR) is presently 39.84%.

Insiders Place Their Bets

In other Element Fleet Management news, Senior Officer Laura Lee Dottori-Attanasio purchased 18,000 shares of the business's stock in a transaction on Tuesday, March 4th. The stock was purchased at an average price of C$27.78 per share, for a total transaction of C$499,991.40. Also, Senior Officer Carlos David Madrigal Gonzalez purchased 2,107 shares of the business's stock in a transaction that occurred on Thursday, March 13th. The shares were purchased at an average cost of C$27.06 per share, with a total value of C$57,010.36. Company insiders own 0.26% of the company's stock.

Element Fleet Management Company Profile

Element Financial separated into two independent public companies in October 2016. The former company now consists of Element Fleet Management, a global fleet management company, and ECN Capital, a commercial finance company. Element Fleet Management provides management services and financing for commercial vehicle and equipment fleets.