Equities Analysts Issue Forecasts for Propel FY2026 Earnings

Key Points

• Scotiabank raised its FY2026 EPS forecast for Propel to $2.31 from $2.28 and estimated FY2027 EPS of $3.46.
• Analyst sentiment is broadly positive: MarketBeat reports an average “Buy” rating, with two Strong Buy, six Buy and two Hold ratings.
• Propel missed quarterly expectations, reporting EPS of $0.59 versus $0.71 expected and revenue of $201.47 million versus $279.95 million expected; it also raised its quarterly dividend to $0.27 per share from $0.255.

Propel Holdings Inc. (TSE:PRL - Free Report) - Equities researchers at Scotiabank raised their FY2026 earnings per share (EPS) estimates for Propel in a report released on Wednesday, November 11th. Scotiabank analyst P. Hardie now forecasts that the company will post earnings of $2.31 per share for the year, up from their prior forecast of $2.28. The consensus estimate for Propel's current full-year earnings is $5.39 per share. Scotiabank also issued estimates for Propel's FY2027 earnings at $3.46 EPS.

Several other research analysts have also recently weighed in on PRL. Stifel Nicolaus increased their price objective on Propel from C$38.00 to C$40.00 and gave the stock a "buy" rating in a research report on Thursday, November 5th. TD set a C$37.00 target price on shares of Propel and gave the company a "buy" rating in a research report on Wednesday, October 14th. Raymond James Financial upgraded shares of Propel from a "moderate buy" rating to a "strong-buy" rating and upped their price target for the company from C$31.00 to C$38.00 in a research note on Thursday, August 6th. Ventum raised their price target on shares of Propel from C$30.00 to C$34.00 and gave the stock a "buy" rating in a research report on Friday, August 7th. Finally, ATB Cormark Capital Markets raised their price target on shares of Propel from C$29.00 to C$38.00 and gave the stock an "outperform" rating in a research report on Friday, August 7th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Buy".

Propel Price Performance

PRL opened at $26.71 on Friday. The business has a fifty day simple moving average of $25.43 and a 200 day simple moving average of $23.52. The company has a market capitalization of $1.05 billion, a PE ratio of 18.55 and a beta of 0.79. Propel has a 1 year low of $17.24 and a 1 year high of $31.06.

Propel (TSE:PRL - Get Free Report) last posted its earnings results on Tuesday, November 3rd. The company reported $0.59 EPS for the quarter, missing the consensus estimate of $0.71 by ($0.12). The firm had revenue of $201.47 million during the quarter, compared to analyst estimates of $279.95 million. Propel had a net margin of 8.68% and a return on equity of 21.79%.

Propel Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 3rd. Shareholders of record on Thursday, December 3rd will be paid a dividend of $0.27 per share. This is a boost from Propel's previous quarterly dividend of $0.2550. The ex-dividend date is Thursday, November 26th. This represents a $1.08 dividend on an annualized basis and a yield of 4.0%. Propel's dividend payout ratio is 46.68%.

Insider Buying and Selling

In other Propel news, insider Cindy Usprech sold 9,196 shares of Propel stock in a transaction on Thursday, September 24th. The stock was sold at an average price of $25.86, for a total value of $237,808.56. 33.31% of the stock is currently owned by company insiders.

About Propel

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. Through its CreditFresh brand, the company operates as a bank servicer that provides marketing, technology, and loan servicing services to unaffiliated, FDIC insured, state-chartered banks in the US (Bank Program).

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