Q1 Earnings Estimate for Exchange Income Issued By Cormark

Exchange Income Co. (TSE:EIF - Free Report) - Research analysts at Cormark issued their Q1 2025 earnings estimates for shares of Exchange Income in a research report issued on Tuesday, April 29th. Cormark analyst J. Fenwick anticipates that the company will earn $0.23 per share for the quarter. The consensus estimate for Exchange Income's current full-year earnings is $4.00 per share. Cormark also issued estimates for Exchange Income's FY2025 earnings at $3.50 EPS and FY2026 earnings at $4.37 EPS.

A number of other analysts have also recently issued reports on the stock. Scotiabank reduced their price objective on shares of Exchange Income from C$65.00 to C$64.00 in a research note on Friday, February 28th. Paradigm Capital set a C$69.00 price target on Exchange Income and gave the stock a "buy" rating in a research note on Thursday, January 30th. Finally, Royal Bank of Canada lowered their price objective on Exchange Income from C$71.00 to C$64.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 16th. Seven analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of C$68.22.

Exchange Income Stock Performance

Exchange Income stock traded up C$0.72 during trading on Wednesday, reaching C$51.99. The company had a trading volume of 77,081 shares, compared to its average volume of 109,462. The firm's 50-day simple moving average is C$49.86 and its 200 day simple moving average is C$53.53. Exchange Income has a 52 week low of C$43.08 and a 52 week high of C$59.32. The company has a current ratio of 1.76, a quick ratio of 1.13 and a debt-to-equity ratio of 173.72. The firm has a market capitalization of C$2.59 billion, a price-to-earnings ratio of 20.37, a price-to-earnings-growth ratio of 1.42 and a beta of 2.04.

Insider Activity at Exchange Income

In related news, Director Michael Pyle acquired 4,000 shares of the business's stock in a transaction dated Friday, February 28th. The shares were purchased at an average price of C$50.26 per share, for a total transaction of C$201,052.00. Also, Director Brad Bennett bought 25,000 shares of the stock in a transaction that occurred on Thursday, March 13th. The stock was bought at an average price of C$49.77 per share, with a total value of C$1,244,182.50. Insiders bought 30,311 shares of company stock valued at $1,510,455 over the last 90 days. Insiders own 6.44% of the company's stock.

Exchange Income Company Profile

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.