goeasy (TSE:GSY - Free Report) had its target price boosted by Scotiabank from C$205.00 to C$230.00 in a research note issued to investors on Wednesday morning,BayStreet.CA reports.
A number of other research firms have also weighed in on GSY. TD Securities dropped their target price on goeasy from C$199.00 to C$192.00 and set a "buy" rating on the stock in a report on Friday, May 9th. Jefferies Financial Group dropped their target price on goeasy from C$222.00 to C$182.00 in a report on Monday, April 21st. Cormark dropped their target price on goeasy from C$240.00 to C$210.00 in a report on Thursday, April 24th. Finally, National Bankshares dropped their target price on goeasy from C$240.00 to C$235.00 and set an "outperform" rating on the stock in a report on Thursday, May 8th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, goeasy currently has an average rating of "Moderate Buy" and a consensus target price of C$213.00.
Read Our Latest Report on GSY
goeasy Trading Up 1.2%
TSE GSY traded up C$2.25 during trading hours on Wednesday, hitting C$184.40. 34,966 shares of the company's stock were exchanged, compared to its average volume of 63,489. The stock has a 50-day simple moving average of C$162.22 and a 200 day simple moving average of C$161.33. goeasy has a 1-year low of C$134.01 and a 1-year high of C$205.49. The firm has a market cap of C$3.09 billion, a price-to-earnings ratio of 11.21, a PEG ratio of 0.84 and a beta of 1.87. The company has a current ratio of 82.04, a quick ratio of 28.46 and a debt-to-equity ratio of 287.63.
goeasy Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, July 11th. Stockholders of record on Friday, July 11th were paid a $1.46 dividend. The ex-dividend date of this dividend was Friday, June 27th. This represents a $5.84 dividend on an annualized basis and a dividend yield of 3.17%. goeasy's dividend payout ratio (DPR) is currently 28.45%.
Insider Activity
In related news, Senior Officer Daniel Llewellyn Rees bought 1,000 shares of the stock in a transaction that occurred on Monday, June 23rd. The shares were bought at an average cost of C$160.00 per share, for a total transaction of C$160,000.00. 22.05% of the stock is currently owned by company insiders.
goeasy Company Profile
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goeasy Ltd. provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. It offers unsecured and secured installment loans; home equity secured instalment loans and automotive vehicle financing; and loans to finance the purchase of retail goods, powersports and recreational vehicles, home improvement projects, and healthcare related products and services.
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