FY2024 EPS Estimates for goeasy Ltd. (TSE:GSY) Decreased by National Bank Financial

goeasy Ltd. (TSE:GSY - Free Report) - Equities research analysts at National Bank Financial dropped their FY2024 earnings per share (EPS) estimates for shares of goeasy in a research note issued on Monday, April 29th. National Bank Financial analyst J. Gloyn now expects that the company will post earnings of $17.20 per share for the year, down from their prior estimate of $17.44. The consensus estimate for goeasy's current full-year earnings is $16.66 per share.

A number of other equities analysts have also weighed in on GSY. Scotiabank upped their target price on goeasy from C$183.00 to C$190.00 and gave the stock a "sector perform" rating in a research note on Tuesday. Raymond James upped their target price on goeasy from C$166.00 to C$200.00 and gave the stock an "outperform" rating in a research note on Thursday, February 15th. Desjardins upped their target price on goeasy from C$185.00 to C$190.00 and gave the stock a "buy" rating in a research note on Monday, April 22nd. National Bankshares upped their target price on goeasy from C$195.00 to C$210.00 and gave the stock an "outperform" rating in a research note on Tuesday. Finally, CIBC upped their target price on goeasy from C$200.00 to C$220.00 and gave the stock an "outperform" rating in a research note on Friday, April 26th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of C$196.44.

goeasy Stock Performance

Shares of TSE:GSY traded up C$2.99 during midday trading on Thursday, reaching C$181.71. 40,328 shares of the company traded hands, compared to its average volume of 40,671. The company has a quick ratio of 28.46, a current ratio of 15.62 and a debt-to-equity ratio of 278.25. goeasy has a 12 month low of C$87.00 and a 12 month high of C$182.46. The firm has a market capitalization of C$3.02 billion, a price-to-earnings ratio of 12.55, a price-to-earnings-growth ratio of 0.84 and a beta of 1.97. The firm's fifty day moving average price is C$166.99 and its two-hundred day moving average price is C$152.23.

goeasy (TSE:GSY - Get Free Report) last released its quarterly earnings data on Tuesday, February 13th. The company reported C$4.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of C$3.92 by C$0.09. goeasy had a return on equity of 25.77% and a net margin of 33.21%. The company had revenue of C$338.11 million for the quarter, compared to analyst estimates of C$340.35 million.

Insider Activity

In related news, Director David Ingram sold 30,000 shares of the stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of C$157.58, for a total transaction of C$4,727,400.00. Corporate insiders own 22.18% 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 dividend of $1.17 per share. 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. This represents a $4.68 annualized dividend and a dividend yield of 2.58%. goeasy's dividend payout ratio is 32.32%.

About goeasy

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.