National Bank Financial Predicts Reduced Earnings for goeasy

goeasy Ltd. (TSE:GSY - Free Report) - Equities research analysts at National Bank Financial lowered their Q1 2025 earnings estimates for goeasy in a research report issued to clients and investors on Tuesday, April 29th. National Bank Financial analyst J. Gloyn now expects that the company will earn $4.06 per share for the quarter, down from their prior forecast of $4.40. The consensus estimate for goeasy's current full-year earnings is $20.32 per share. National Bank Financial also issued estimates for goeasy's Q2 2025 earnings at $4.83 EPS, Q3 2025 earnings at $5.09 EPS, Q4 2025 earnings at $5.00 EPS and FY2027 earnings at $26.72 EPS.

Several other equities research analysts have also weighed in on GSY. TD Securities set a C$199.00 target price on shares of goeasy and gave the stock a "buy" rating in a report on Wednesday, April 9th. Jefferies Financial Group cut their price objective on shares of goeasy from C$222.00 to C$182.00 in a report on Monday, April 21st. Scotiabank lowered their price target on goeasy from C$240.00 to C$215.00 and set a "sector perform" rating for the company in a research note on Thursday, April 24th. Cormark reduced their price objective on shares of goeasy from C$240.00 to C$210.00 in a research note on Thursday, April 24th. Finally, National Bankshares lowered their target price on shares of goeasy from C$255.00 to C$240.00 and set an "outperform" rating for the company in a research note on Wednesday, April 30th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of C$216.00.

goeasy Stock Performance

GSY stock traded down C$1.07 on Thursday, reaching C$160.00. 42,299 shares of the company were exchanged, compared to its average volume of 72,159. The company has a debt-to-equity ratio of 287.63, a current ratio of 82.04 and a quick ratio of 28.46. The stock's fifty day moving average price is C$153.16 and its 200 day moving average price is C$165.56. goeasy has a 12 month low of C$134.01 and a 12 month high of C$206.02. The firm has a market capitalization of C$2.68 billion, a PE ratio of 9.73, a PEG ratio of 0.84 and a beta of 1.87.

goeasy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Friday, April 11th were issued a $1.46 dividend. This represents a $5.84 dividend on an annualized basis and a dividend yield of 3.65%. This is a positive change from goeasy's previous quarterly dividend of $1.17. The ex-dividend date was Friday, March 28th. goeasy's payout ratio is 28.45%.

goeasy Company Profile

goeasy Ltd. provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. It offers unsecured and secured installment loans; home equity secured instalment loans and automotive vehicle financing; and loans to finance the purchase of retail goods, powersports and recreational vehicles, home improvement projects, and healthcare related products and services.