Propel (PRL) Expected to Announce 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) is anticipated to issue its Q2 2025 quarterly earnings data before the market opens on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.52 per share and revenue of $146.60 million for the quarter.

Propel Price Performance

Shares of Propel stock traded down $1.33 during trading hours on Friday, reaching $34.65. The company's stock had a trading volume of 148,018 shares, compared to its average volume of 173,252. The stock has a market cap of $964.69 million, a P/E ratio of 21.43 and a beta of 1.75. Propel has a one year low of $20.99 and a one year high of $43.36. The firm has a 50 day moving average price of $35.48 and a 200-day moving average price of $31.69.

Propel Cuts Dividend

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

Insider Activity at Propel

In related news, Director Clive Kinross sold 10,000 shares of Propel stock in a transaction that occurred on Monday, June 16th. The shares were sold at an average price of $34.23, for a total value of $342,300.00. Also, Senior Officer Sarika Ahluwalia sold 16,417 shares of Propel stock in a transaction that occurred on Wednesday, June 25th. The stock was sold at an average price of $37.53, for a total transaction of $616,192.39. Insiders sold 115,493 shares of company stock valued at $4,085,590 over the last ninety days. Corporate insiders own 33.31% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on PRL shares. Raymond James Financial lowered their price target on shares of Propel from C$46.00 to C$42.00 in a research report on Wednesday, July 16th. Cormark raised shares of Propel to a "moderate buy" rating in a research report on Thursday, July 10th. Finally, Scotiabank upped their price target on shares of Propel from C$38.00 to C$43.00 in a research report on Wednesday, July 23rd. Three equities research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Strong Buy" and a consensus target price of $42.00.

About Propel

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.