FY2025 EPS Estimates for Exchange Income Raised by Cormark

Key Points

• Investment analysts at Cormark have raised their FY2025 earnings estimate for Exchange Income Co. (TSE:EIF) to $3.93 per share, up from a previous forecast of $3.79.
• A number of analysts have increased their price targets for Exchange Income, with Desjardins raising theirs to C$84.00 and Canaccord Genuity to C$80.00, both maintaining a "buy" rating.
• The firm recently announced a $0.22 dividend to be paid on August 15th, with a dividend payout ratio of 103.42%.

Exchange Income Co. (TSE:EIF - Free Report) - Research analysts at Cormark raised their FY2025 earnings per share estimates for shares of Exchange Income in a research note issued to investors on Wednesday, August 13th. Cormark analyst J. Fenwick now anticipates that the company will post earnings per share of $3.93 for the year, up from their previous estimate of $3.79. Cormark has a "Buy" rating and a $78.50 price target on the stock. The consensus estimate for Exchange Income's current full-year earnings is $4.00 per share. Cormark also issued estimates for Exchange Income's FY2026 earnings at $4.66 EPS.

Several other research firms also recently commented on EIF. Raymond James Financial lifted their price objective on Exchange Income from C$80.00 to C$85.00 and gave the stock a "strong-buy" rating in a 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 stock an "outperform" rating in a research note on Wednesday, August 13th. CIBC raised their price objective on shares of Exchange Income from C$74.50 to C$84.50 and gave the stock an "outperform" rating in a research note on Wednesday, August 13th. Royal Bank Of Canada upped their price objective on Exchange Income from C$74.00 to C$81.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 13th. Finally, Paradigm Capital lifted their price target on shares of Exchange Income from C$68.00 to C$82.00 and gave the stock a "buy" rating in a report on Wednesday, August 13th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of C$79.68.

Exchange Income Stock Down 0.2%

TSE:EIF traded down C$0.16 on Thursday, hitting C$73.35. The stock had a trading volume of 46,054 shares, compared to its average volume of 111,764. The business's fifty day moving average is C$64.66 and its 200 day moving average is C$56.60. The company has a market cap of C$3.66 billion, a PE ratio of 28.74, a P/E/G ratio of 1.42 and a beta of 2.04. The company has a quick ratio of 1.13, a current ratio of 1.76 and a debt-to-equity ratio of 173.72. Exchange Income has a 52 week low of C$45.00 and a 52 week high of C$75.13.

Exchange Income Announces Dividend

The company 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 $0.22 dividend. Exchange Income's dividend 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.