Propel (PRL) to Release Earnings on Wednesday

Key Points

• Propel Holdings Inc. is set to release its Q2 2025 earnings report on August 6th, with analysts predicting earnings of $0.52 per share and revenue of $146.60 million.
• The company has recently cut its dividend to $0.18 per share, which results in a 1.96% dividend yield and a payout ratio of 34.64%.
• Analyst sentiment is generally positive, with Propel receiving multiple upgrades, leading to a consensus rating of "Strong Buy" and an average target price of $42.00.

Propel (TSE:PRL - Get Free Report) will likely be releasing its Q2 2025 earnings data before the market opens on Wednesday, August 6th. Analysts expect Propel to post earnings of $0.52 per share and revenue of $146.60 million for the quarter.

Propel Stock Down 3.9%

Shares of TSE:PRL traded down $1.41 during midday trading on Friday, reaching $34.57. The company's stock had a trading volume of 50,944 shares, compared to its average volume of 172,278. The firm has a market cap of $962.46 million, a price-to-earnings ratio of 21.38 and a beta of 1.75. Propel has a 1 year low of $20.99 and a 1 year high of $43.36. The business has a 50 day moving average price of $35.42 and a 200 day moving average price of $31.73.

Propel Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Wednesday, June 4th were paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Thursday, May 15th. Propel's payout ratio is currently 34.64%.

Insider Buying and Selling at Propel

In other news, Senior Officer Gary Edelstein sold 4,500 shares of Propel stock in a transaction dated Friday, June 27th. The stock was sold at an average price of $38.81, for a total transaction of $174,645.00. Also, Senior Officer Noah Buchman sold 26,871 shares of Propel stock in a transaction dated Monday, June 30th. The stock was sold at an average price of $37.34, for a total value of $1,003,424.94. In the last 90 days, insiders sold 115,493 shares of company stock valued at $4,085,590. Company insiders own 33.31% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on PRL shares. Raymond James Financial reduced their price objective on Propel from C$46.00 to C$42.00 in a research note on Wednesday, July 16th. Scotiabank boosted their price objective on Propel from C$38.00 to C$43.00 in a research note on Wednesday, July 23rd. Finally, Cormark upgraded Propel to a "moderate buy" rating in a research note on Thursday, July 10th. Three equities research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, Propel presently has a consensus rating of "Strong Buy" and a consensus price target of $42.00.

Propel Company Profile

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.