FY2025 EPS Estimates for Exchange Income Boosted by Analyst

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) - Investment analysts at Cormark raised their FY2025 earnings estimates for shares of Exchange Income in a report released on Wednesday, August 13th. Cormark analyst J. Fenwick now anticipates that the company will earn $3.93 per share for the year, up from their prior forecast 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.

A number of other equities research analysts have also commented on EIF. Desjardins upped their price target on shares of Exchange Income from C$73.00 to C$84.00 and gave the company a "buy" rating in a report on Wednesday. Canaccord Genuity Group upped their target price on shares of Exchange Income from C$77.00 to C$80.00 and gave the stock a "buy" rating in a research report on Wednesday. Paradigm Capital upped their target price on shares of Exchange Income from C$68.00 to C$82.00 and gave the stock a "buy" rating in a research report on Wednesday. BMO Capital Markets upped their target price on shares of Exchange Income from C$59.00 to C$65.50 and gave the stock a "market perform" rating in a research report on Wednesday. Finally, Raymond James Financial upped their target price on shares of Exchange Income from C$80.00 to C$85.00 and gave the stock a "strong-buy" rating in a research report on Wednesday. One equities research analyst has rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of C$79.68.

Exchange Income Trading Up 2.4%

TSE:EIF opened at C$74.98 on Thursday. The company has a fifty day moving average of C$63.67 and a 200 day moving average of C$56.24. Exchange Income has a 52 week low of C$45.00 and a 52 week high of C$75.13. The company has a quick ratio of 1.13, a current ratio of 1.76 and a debt-to-equity ratio of 173.72. The firm has a market capitalization of C$3.74 billion, a P/E ratio of 29.37, a P/E/G ratio of 1.42 and a beta of 2.04.

Exchange Income Dividend Announcement

The firm also recently disclosed a jul 25 dividend, which will be paid on Friday, August 15th. Stockholders of record on Thursday, July 31st will be paid a $0.22 dividend. Exchange Income's dividend payout ratio (DPR) is presently 103.42%.

About Exchange Income

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.

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