goeasy (GSY) Set to Announce Quarterly Earnings on Tuesday

goeasy (TSE:GSY - Get Free Report) will be releasing its earnings data after the market closes on Tuesday, May 7th. Analysts expect goeasy to post earnings of C$3.80 per share for the quarter.

goeasy (TSE:GSY - Get Free Report) last posted its 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. goeasy had a net margin of 33.21% and a return on equity of 25.77%. The firm had revenue of C$338.11 million during the quarter, compared to analyst estimates of C$340.35 million.

goeasy Price Performance

GSY stock traded down C$4.46 during trading on Tuesday, hitting C$176.04. 68,389 shares of the company's stock traded hands, compared to its average volume of 40,560. goeasy has a 52 week low of C$87.00 and a 52 week high of C$180.55. The stock has a market capitalization of C$2.93 billion, a price-to-earnings ratio of 12.25, a P/E/G ratio of 0.84 and a beta of 2.03. The business has a fifty day simple moving average of C$166.16 and a 200 day simple moving average of C$151.38. The company has a debt-to-equity ratio of 278.25, a quick ratio of 28.46 and a current ratio of 15.62.

goeasy Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Shareholders of record on Friday, March 29th were given a dividend of $1.17 per share. The ex-dividend date was Wednesday, March 27th. This is an increase from goeasy's previous quarterly dividend of $0.96. This represents a $4.68 dividend on an annualized basis and a yield of 2.66%. goeasy's dividend payout ratio is 32.32%.

Insider Transactions at goeasy

In related news, Director David Ingram sold 30,000 shares of the firm's 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 22.53% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Desjardins boosted their target price on goeasy from C$185.00 to C$190.00 and gave the company a "buy" rating in a research report on Monday, April 22nd. Royal Bank of Canada upped their price target on shares of goeasy from C$195.00 to C$201.00 and gave the company an "outperform" rating in a report on Monday. CIBC raised their price objective on shares of goeasy from C$200.00 to C$220.00 and gave the stock an "outperform" rating in a research note on Friday. Cormark boosted their price objective on goeasy from C$193.00 to C$200.00 and gave the company a "buy" rating in a report on Wednesday, February 14th. Finally, Raymond James upped their target price on shares of goeasy from C$166.00 to C$200.00 and gave the stock an "outperform" rating in a research note on Thursday, February 15th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, goeasy has an average rating of "Moderate Buy" and an average target price of C$196.44.

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.