FY2025 EPS Estimates for Exchange Income Raised by Analyst

Key Points

• National Bank Financial raised its FY2025 earnings per share (EPS) estimate for Exchange Income to $3.66, up from $3.59, while the consensus estimate remains at $4.00 per share.
• Various analysts have updated their price targets for Exchange Income, with estimates ranging from C$65.50 to C$84.00, and the majority recommending a "buy" rating.
• The company also announced a upcoming dividend of $0.22 per share, with a payout ratio of 103.42%.

Exchange Income Co. (TSE:EIF - Free Report) - Equities research analysts at National Bank Financial raised their FY2025 earnings per share (EPS) estimates for Exchange Income in a research note issued to investors on Tuesday, August 12th. National Bank Financial analyst C. Doerksen now anticipates that the company will post earnings of $3.66 per share for the year, up from their prior forecast of $3.59. The consensus estimate for Exchange Income's current full-year earnings is $4.00 per share.

Other equities analysts have also issued research reports about the company. Raymond James Financial increased their price target on Exchange Income from C$80.00 to C$85.00 and gave the company a "strong-buy" rating in a research report on Wednesday, August 13th. National Bankshares increased their price target on Exchange Income from C$71.00 to C$84.00 and gave the company an "outperform" rating in a research report on Wednesday, August 13th. ATB Capital increased their price target on Exchange Income from C$70.00 to C$81.00 and gave the company an "outperform" rating in a research report on Wednesday, August 13th. CIBC increased their price target on Exchange Income from C$74.50 to C$84.50 and gave the company an "outperform" rating in a research report on Wednesday, August 13th. Finally, Cormark increased their price target on Exchange Income from C$67.00 to C$78.50 and gave the company a "buy" rating in a research report on Thursday, July 31st. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of C$79.68.

Exchange Income Price Performance

TSE:EIF traded up C$0.12 during mid-day trading on Friday, reaching C$72.86. 99,006 shares of the stock were exchanged, compared to its average volume of 111,882. The business has a fifty day moving average price of C$64.96 and a 200 day moving average price of C$56.71. The firm has a market capitalization of C$3.63 billion, a PE ratio of 28.54, a PEG ratio of 1.42 and a beta of 2.04. Exchange Income has a 1-year low of C$45.00 and a 1-year high of C$75.13. The company has a current ratio of 1.76, a quick ratio of 1.13 and a debt-to-equity ratio of 173.72.

Exchange Income Announces Dividend

The firm also recently disclosed a aug 25 dividend, which will be paid on Monday, September 15th. Shareholders of record on Friday, August 29th will be given a dividend of $0.22 per share. Exchange Income's payout ratio is presently 103.42%.

Exchange Income Company Profile

Exchange Income Corp is a diversified acquisition-oriented corporation focused on opportunities in two sectors, aerospace, aviation services and equipment, and manufacturing. The business plan of the corporation is to invest in profitable, well-established companies with strong cash flows operating in niche markets.