Raymond James Financial Cuts Earnings Estimates for Propel

Key Points

• Raymond James Financial has reduced Propel Holdings' Q3 2025 earnings forecast from $0.73 to $0.67 per share, while the full-year earnings consensus estimate remains at $5.39 per share.
• Despite the EPS downgrade, Propel's stock has received positive ratings, with a consensus target price of $42.00 and multiple analysts issuing "buy" or "strong buy" ratings.
• The company recently increased its quarterly dividend significantly from $0.18 to $0.78, representing an annualized yield of 8.7%.

Propel Holdings Inc. (TSE:PRL - Free Report) - Raymond James Financial lowered their Q3 2025 earnings estimates for Propel in a note issued to investors on Thursday, August 7th. Raymond James Financial analyst S. Boland now forecasts that the company will post earnings per share of $0.67 for the quarter, down from their prior estimate of $0.73. The consensus estimate for Propel's current full-year earnings is $5.39 per share. Raymond James Financial also issued estimates for Propel's FY2025 earnings at $2.83 EPS, Q1 2026 earnings at $1.02 EPS, Q2 2026 earnings at $0.91 EPS, Q3 2026 earnings at $1.01 EPS and FY2026 earnings at $3.94 EPS.

PRL has been the subject of a number of other research reports. Scotiabank upped their price target on Propel from C$38.00 to C$43.00 in a report on Wednesday, July 23rd. Cormark raised Propel to a "moderate buy" rating in a research note on Thursday, July 10th. Three investment analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Strong Buy" and a consensus price target of $42.00.

Propel Trading Down 1.7%

Shares of TSE:PRL traded down $0.55 during midday trading on Monday, hitting $32.77. 101,976 shares of the stock were exchanged, compared to its average volume of 172,647. The company has a 50 day moving average price of $35.96 and a 200-day moving average price of $31.62. Propel has a twelve month low of $20.99 and a twelve month high of $43.36. The stock has a market cap of $912.35 million, a P/E ratio of 20.27 and a beta of 1.75.

Insider Activity at Propel

In related news, Senior Officer Sarika Ahluwalia sold 16,417 shares of the company's stock in a transaction that occurred on Wednesday, June 25th. The stock was sold at an average price of $37.53, for a total value of $616,192.39. Also, Senior Officer Gary Edelstein sold 4,500 shares of the stock in a transaction on Friday, June 27th. The shares were sold at an average price of $38.81, for a total value of $174,645.00. Insiders sold a total of 101,943 shares of company stock worth $3,639,773 in the last 90 days. 33.31% of the stock is owned by company insiders.

Propel Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, September 4th will be paid a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a dividend yield of 9.5%. The ex-dividend date is Wednesday, August 27th. This is a positive change from Propel's previous quarterly dividend of $0.18. Propel's dividend payout ratio is presently 34.64%.

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.