Exchange Income Co. (TSE:EIF - Get Free Report) declared a monthly dividend on Wednesday, April 17th, Zacks reports. Stockholders of record on Tuesday, April 30th will be given a dividend of 0.22 per share on Wednesday, May 15th. This represents a $2.64 annualized dividend and a dividend yield of 5.71%. The ex-dividend date of this dividend is Monday, April 29th.
Exchange Income Stock Down 0.1 %
TSE EIF traded down C$0.05 during trading on Thursday, hitting C$46.25. The stock had a trading volume of 51,782 shares, compared to its average volume of 84,701. The company has a market capitalization of C$2.18 billion, a PE ratio of 17.45, a P/E/G ratio of 1.42 and a beta of 2.07. The company's 50-day moving average price is C$48.06 and its two-hundred day moving average price is C$46.29. The company has a debt-to-equity ratio of 162.10, a quick ratio of 1.13 and a current ratio of 1.87. Exchange Income has a 12 month low of C$42.05 and a 12 month high of C$55.74.
Exchange Income (TSE:EIF - Get Free Report) last released its earnings results on Thursday, February 22nd. The company reported C$0.70 EPS for the quarter, meeting the consensus estimate of C$0.70. The firm had revenue of C$656.68 million for the quarter, compared to analysts' expectations of C$644.49 million. Exchange Income had a return on equity of 10.80% and a net margin of 4.90%. As a group, sell-side analysts forecast that Exchange Income will post 3.1697987 EPS for the current year.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on EIF. Scotiabank decreased their target price on Exchange Income from C$62.00 to C$60.00 and set an "outperform" rating on the stock in a report on Monday, January 22nd. Canaccord Genuity Group upped their target price on Exchange Income from C$63.00 to C$65.00 and gave the stock a "buy" rating in a report on Monday, February 26th. TD Securities increased their price target on Exchange Income from C$63.00 to C$65.00 and gave the company a "buy" rating in a research note on Monday, February 26th. ATB Capital increased their price target on Exchange Income from C$60.00 to C$63.00 and gave the company an "outperform" rating in a research note on Monday, February 26th. Finally, Raymond James raised their target price on Exchange Income from C$70.00 to C$73.00 and gave the stock a "strong-buy" rating in a research note on Monday, February 26th. Seven research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of C$64.15.
View Our Latest Analysis on Exchange Income
About Exchange Income
(
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Exchange Income Corporation, together with its subsidiaries, engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. The company Aerospace & Aviation, and Manufacturing segments. The Aerospace & Aviation segment offers fixed wing and rotary wing, medevac, passenger, charter, freight, and auxiliary services; and operates two flight schools and trains pilots.
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