TSE:EFN Q3 EPS Forecast Increased by Raymond James Financial

Key Points

• Raymond James Financial has increased its Q3 2025 earnings estimate for Element Fleet Management from $0.46 to $0.49 per share, maintaining a "Strong-Buy" rating and a target price of $40.00.
• Element Fleet Management recently announced a quarterly dividend of $0.13, reflecting an annual yield of 1.4%, with a payout ratio of 39.84%.
• Brokerages have boosted price targets for Element Fleet Management, with the consensus rating currently at "Moderate Buy" and an average target price of C$40.00.

Element Fleet Management Corp. (TSE:EFN - Free Report) - Raymond James Financial boosted their Q3 2025 earnings per share (EPS) estimates for Element Fleet Management in a report released on Thursday, August 7th. Raymond James Financial analyst S. Boland now forecasts that the financial services provider will earn $0.49 per share for the quarter, up from their previous forecast of $0.46. Raymond James Financial currently has a "Strong-Buy" rating and a $40.00 target price on the stock. The consensus estimate for Element Fleet Management's current full-year earnings is $1.69 per share. Raymond James Financial also issued estimates for Element Fleet Management's Q4 2025 earnings at $0.47 EPS, FY2025 earnings at $1.75 EPS, Q1 2026 earnings at $0.48 EPS, Q2 2026 earnings at $0.49 EPS, Q3 2026 earnings at $0.55 EPS, Q4 2026 earnings at $0.51 EPS and FY2026 earnings at $2.03 EPS.

Several other research analysts have also recently issued reports on the company. BMO Capital Markets increased their price objective on Element Fleet Management from C$35.00 to C$40.00 and gave the stock an "outperform" rating in a research report on Friday, August 8th. TD Securities increased their price objective on Element Fleet Management from C$41.00 to C$42.00 and gave the stock a "buy" rating in a research report on Thursday, August 7th. Keefe, Bruyette & Woods upgraded Element Fleet Management to a "hold" rating in a research report on Sunday, April 20th. Royal Bank Of Canada raised their price target on Element Fleet Management from C$43.00 to C$47.00 and gave the company an "outperform" rating in a research report on Friday, August 8th. Finally, National Bankshares raised their price target on Element Fleet Management from C$46.00 to C$47.00 in a research report on Thursday, August 7th. Two analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Element Fleet Management currently has an average rating of "Moderate Buy" and an average target price of C$40.00.

Element Fleet Management Price Performance

TSE:EFN traded down C$0.11 during trading hours on Monday, hitting C$37.36. The company's stock had a trading volume of 198,841 shares, compared to its average volume of 594,332. The business's 50-day moving average is C$34.62 and its two-hundred day moving average is C$31.37. The company has a market capitalization of C$10.71 billion, a PE ratio of 31.00, a PEG ratio of 2.97 and a beta of 0.91. The company has a debt-to-equity ratio of 303.64, a quick ratio of 5.70 and a current ratio of 7.04. Element Fleet Management has a 52-week low of C$25.00 and a 52-week high of C$37.67.

Element Fleet Management Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 15th were paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Monday, June 30th. Element Fleet Management's dividend payout ratio (DPR) is presently 39.84%.

About Element Fleet Management

Element Financial separated into two independent public companies in October 2016. The former company now consists of Element Fleet Management, a global fleet management company, and ECN Capital, a commercial finance company. Element Fleet Management provides management services and financing for commercial vehicle and equipment fleets.