goeasy Ltd. (TSE:GSY - Free Report) - Investment analysts at Raymond James dropped their Q1 2024 earnings per share estimates for goeasy in a research report issued to clients and investors on Wednesday, April 24th. Raymond James analyst S. Boland now forecasts that the company will post earnings per share of $3.81 for the quarter, down from their prior forecast of $3.89. Raymond James has a "Outperform" rating and a $200.00 price objective on the stock. The consensus estimate for goeasy's current full-year earnings is $16.58 per share. Raymond James also issued estimates for goeasy's Q2 2024 earnings at $3.99 EPS, Q3 2024 earnings at $4.10 EPS, Q4 2024 earnings at $4.55 EPS, FY2024 earnings at $16.46 EPS, Q1 2025 earnings at $4.57 EPS, Q2 2025 earnings at $4.85 EPS, Q3 2025 earnings at $5.03 EPS, Q4 2025 earnings at $5.44 EPS and FY2025 earnings at $19.89 EPS.
A number of other brokerages have also recently weighed in on GSY. CIBC upped their price target on shares of goeasy from C$175.00 to C$200.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 17th. Scotiabank upped their price target on shares of goeasy from C$145.00 to C$170.00 and gave the stock a "sector perform" rating in a research report on Wednesday, January 31st. Desjardins upped their price target on shares of goeasy from C$185.00 to C$190.00 and gave the stock a "buy" rating in a research report on Monday. National Bankshares boosted their price objective on shares of goeasy from C$190.00 to C$195.00 and gave the stock an "outperform" rating in a report on Wednesday, February 14th. Finally, Cormark boosted their price objective on shares of goeasy from C$193.00 to C$200.00 and gave the stock a "buy" rating in a report on Wednesday, February 14th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of C$189.67.
View Our Latest Stock Report on GSY
goeasy Trading Up 0.6 %
GSY traded up C$1.07 during trading on Thursday, hitting C$176.00. The company's stock had a trading volume of 21,047 shares, compared to its average volume of 40,300. The firm's 50 day moving average price is C$166.16 and its 200-day moving average price is C$149.74. The company has a debt-to-equity ratio of 278.25, a current ratio of 15.62 and a quick ratio of 28.46. The stock has a market cap of C$2.93 billion, a PE ratio of 12.15, a PEG ratio of 0.84 and a beta of 2.03. goeasy has a twelve month low of C$87.00 and a twelve month high of C$180.10.
goeasy (TSE:GSY - Get Free Report) last posted its quarterly earnings results on Tuesday, February 13th. The company reported C$4.01 earnings per share for the quarter, beating analysts' consensus estimates of C$3.92 by C$0.09. The company had revenue of C$338.11 million for the quarter, compared to analysts' expectations of C$340.35 million. goeasy had a return on equity of 25.77% and a net margin of 33.21%.
goeasy Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Friday, March 29th were paid a $1.17 dividend. This represents a $4.68 dividend on an annualized basis and a dividend yield of 2.66%. The ex-dividend date was Wednesday, March 27th. This is a positive change from goeasy's previous quarterly dividend of $0.96. goeasy's dividend payout ratio is 32.32%.
Insider Buying and Selling
In related news, Director David Ingram sold 30,000 shares of the stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of C$157.58, for a total transaction of C$4,727,400.00. 22.53% of the stock is 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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