TSE:EFN Q1 EPS Forecast Raised by National Bank Financial

Key Points

• National Bank Financial raised its Q1 2026 earnings per share estimate for Element Fleet Management to $0.44, up from $0.42, with a full-year consensus estimate of $1.69 per share.
• Element Fleet Management stock received a "Moderate Buy" average rating from analysts, with a consensus target price of C$37.13 after recent upgrades by multiple firms.
• The company announced a quarterly dividend of $0.13 per share, reflecting an annualized payout of $0.52 and a yield of 1.44%.

Element Fleet Management Corp. (TSE:EFN - Free Report) - Investment analysts at National Bank Financial lifted their Q1 2026 earnings per share estimates for shares of Element Fleet Management in a research report issued on Monday, July 28th. National Bank Financial analyst J. Gloyn now expects that the financial services provider will earn $0.44 per share for the quarter, up from their previous estimate of $0.42. The consensus estimate for Element Fleet Management's current full-year earnings is $1.69 per share.

Other equities research analysts also recently issued research reports about the company. Jefferies Financial Group cut their price target on Element Fleet Management from C$31.00 to C$30.00 in a report on Monday, April 21st. TD Securities increased their price objective on Element Fleet Management from C$34.00 to C$41.00 and gave the company a "buy" rating in a report on Friday. Keefe, Bruyette & Woods upgraded Element Fleet Management to a "hold" rating in a report on Sunday, April 20th. Royal Bank Of Canada upgraded Element Fleet Management to a "moderate buy" rating and set a C$43.00 price objective on the stock in a report on Wednesday, June 18th. Finally, BMO Capital Markets raised their price target on Element Fleet Management from C$33.00 to C$35.00 in a research note on Friday, May 2nd. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of C$38.13.

Element Fleet Management Stock Down 0.1%

TSE EFN traded down C$0.05 during trading hours on Wednesday, hitting C$35.99. 442,590 shares of the company were exchanged, compared to its average volume of 593,699. The company has a 50 day moving average of C$34.04 and a two-hundred day moving average of C$31.01. The company has a quick ratio of 5.70, a current ratio of 7.04 and a debt-to-equity ratio of 303.64. Element Fleet Management has a 52-week low of C$24.85 and a 52-week high of C$36.73. The firm has a market cap of C$10.32 billion, a price-to-earnings ratio of 29.87, a PEG ratio of 2.97 and a beta of 0.91.

Insider Transactions at Element Fleet Management

In other news, Director Luis Manuel Enrique Tellez Kuenzler acquired 4,300 shares of Element Fleet Management stock in a transaction that occurred on Tuesday, May 13th. The stock was purchased at an average cost of C$31.58 per share, with a total value of C$135,781.10. Corporate insiders own 0.26% of the company's stock.

Element Fleet Management Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Tuesday, July 15th were issued a dividend of $0.13 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a $0.52 annualized dividend and a yield of 1.4%. Element Fleet Management's payout ratio is currently 39.84%.

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.