goeasy Ltd. (TSE:GSY - Free Report) - Investment analysts at National Bank Financial issued their Q1 2024 earnings per share (EPS) estimates for shares of goeasy in a report released on Monday, April 29th. National Bank Financial analyst J. Gloyn forecasts that the company will earn $3.75 per share for the quarter. The consensus estimate for goeasy's current full-year earnings is $16.58 per share. National Bank Financial also issued estimates for goeasy's Q2 2024 earnings at $4.09 EPS, Q3 2024 earnings at $4.50 EPS, Q4 2024 earnings at $4.85 EPS and FY2025 earnings at $19.42 EPS.
A number of other research firms also recently commented on GSY. Raymond James boosted their price objective on shares of goeasy from C$166.00 to C$200.00 and gave the stock an "outperform" rating in a report on Thursday, February 15th. BMO Capital Markets boosted their price objective on shares of goeasy from C$187.00 to C$192.00 and gave the stock an "outperform" rating in a report on Thursday, February 15th. National Bankshares boosted their price objective on shares of goeasy from C$195.00 to C$210.00 and gave the stock an "outperform" rating in a report on Tuesday. Royal Bank of Canada boosted their price objective on shares of goeasy from C$195.00 to C$201.00 and gave the stock an "outperform" rating in a report on Monday. Finally, Cormark lifted their target price on shares of goeasy from C$193.00 to C$200.00 and gave the stock a "buy" rating in a research report on Wednesday, February 14th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of C$196.44.
Check Out Our Latest Stock Report on GSY
goeasy Price Performance
Shares of TSE GSY traded up C$2.68 during trading on Wednesday, hitting C$178.72. 50,298 shares of the company were exchanged, compared to its average volume of 40,675. The company has a debt-to-equity ratio of 278.25, a current ratio of 15.62 and a quick ratio of 28.46. goeasy has a 1 year low of C$87.00 and a 1 year high of C$180.65. The company has a market cap of C$2.97 billion, a price-to-earnings ratio of 12.46, a PEG ratio of 0.84 and a beta of 2.03. The firm's fifty day moving average price is C$166.24 and its 200 day moving average price is C$151.83.
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 firm had revenue of C$338.11 million for the quarter, compared to the consensus estimate of C$340.35 million. goeasy had a return on equity of 25.77% and a net margin of 33.21%.
Insider Activity
In related news, Director David Ingram sold 30,000 shares of the company's stock in a transaction that occurred on 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. Company insiders own 22.53% of the company's stock.
goeasy Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Friday, March 29th were given a $1.17 dividend. This represents a $4.68 dividend on an annualized basis and a dividend yield of 2.62%. The ex-dividend date of this dividend was Wednesday, March 27th. This is a positive change from goeasy's previous quarterly dividend of $0.96. goeasy's payout ratio is currently 32.32%.
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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