Raymond James Financial Forecasts Weaker Earnings for Propel

Propel Holdings Inc. (TSE:PRL - Free Report) - Analysts at Raymond James Financial cut their Q2 2025 EPS estimates for Propel in a research report issued on Tuesday, July 15th. Raymond James Financial analyst S. Boland now anticipates that the company will post earnings of $0.64 per share for the quarter, down from their prior estimate of $0.79. The consensus estimate for Propel's current full-year earnings is $5.39 per share. Raymond James Financial also issued estimates for Propel's Q3 2025 earnings at $0.73 EPS, Q4 2025 earnings at $0.77 EPS, Q1 2026 earnings at $1.05 EPS, Q2 2026 earnings at $0.94 EPS, Q3 2026 earnings at $1.03 EPS and Q4 2026 earnings at $0.99 EPS.

A number of other equities analysts also recently weighed in on the stock. Scotiabank lowered their target price on shares of Propel from C$44.00 to C$38.00 and set an "outperform" rating on the stock in a report on Thursday, April 24th. Cormark upgraded shares of Propel to a "moderate buy" rating in a report on Thursday, July 10th. Three research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Strong Buy" and a consensus target price of $40.75.

Propel Stock Down 2.3%

Shares of PRL stock traded down $0.85 during trading on Wednesday, reaching $35.79. The company's stock had a trading volume of 92,680 shares, compared to its average volume of 179,476. The business has a fifty day moving average price of $34.77 and a 200-day moving average price of $31.74. The company has a market cap of $996.43 million, a price-to-earnings ratio of 22.14 and a beta of 1.75. Propel has a one year low of $20.99 and a one year high of $43.36.

Propel Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Wednesday, June 4th were given a $0.18 dividend. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.01%. Propel's payout ratio is presently 34.64%.

Insider Buying and Selling at Propel

In other Propel news, Director Clive Kinross sold 5,000 shares of Propel stock in a transaction dated Thursday, June 26th. The stock was sold at an average price of $37.69, for a total value of $188,470.00. Also, Senior Officer Noah Buchman sold 26,871 shares of the stock in a transaction dated Monday, June 30th. The stock was sold at an average price of $37.34, for a total transaction of $1,003,424.94. Insiders have sold a total of 115,493 shares of company stock valued at $4,085,590 over the last three months. 33.31% of the stock is owned by insiders.

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.