TSE:EFN FY2025 EPS Lifted by National Bank Financial

Key Points

• National Bank Financial has raised its FY2025 earnings per share estimate for Element Fleet Management to $1.73, reflecting a slight increase from the previous estimate of $1.70.
• The current consensus price target for Element Fleet Management stock is C$38.88, with a consensus rating of "Moderate Buy" among analysts.
• Element Fleet Management recently announced a quarterly dividend of $0.13 per share, translating to an annualized dividend yield of 1.4%.

Element Fleet Management Corp. (TSE:EFN - Free Report) - Equities researchers at National Bank Financial raised their FY2025 earnings per share (EPS) estimates for shares of Element Fleet Management in a research report issued on Wednesday, August 6th. National Bank Financial analyst J. Gloyn now expects that the financial services provider will post earnings of $1.73 per share for the year, up from their prior forecast of $1.70. The consensus estimate for Element Fleet Management's current full-year earnings is $1.69 per share. National Bank Financial also issued estimates for Element Fleet Management's Q4 2025 earnings at $0.48 EPS, Q1 2026 earnings at $0.45 EPS, Q2 2026 earnings at $0.48 EPS and FY2026 earnings at $2.00 EPS.

Other analysts also recently issued research reports about the company. National Bankshares boosted their price objective on Element Fleet Management from C$46.00 to C$47.00 in a research report on Thursday. Raymond James Financial boosted their price objective on Element Fleet Management from C$36.00 to C$40.00 and gave the company a "strong-buy" rating in a research report on Thursday. BMO Capital Markets boosted their target price on Element Fleet Management from C$35.00 to C$40.00 and gave the company an "outperform" rating in a research note on Friday. Scotiabank boosted their target price on Element Fleet Management from C$33.00 to C$40.00 in a research note on Wednesday, July 23rd. Finally, Jefferies Financial Group reduced their price target on Element Fleet Management from C$31.00 to C$30.00 in a research note on Monday, April 21st. Two equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of C$40.00.

Element Fleet Management Price Performance

TSE:EFN traded up C$0.37 during mid-day trading on Friday, reaching C$36.77. The stock had a trading volume of 579,796 shares, compared to its average volume of 599,760. The company has a debt-to-equity ratio of 303.64, a quick ratio of 5.70 and a current ratio of 7.04. Element Fleet Management has a one year low of C$25.00 and a one year high of C$37.00. The firm has a 50 day moving average price of C$34.43 and a two-hundred day moving average price of C$31.27. The stock has a market capitalization of C$10.54 billion, a P/E ratio of 30.52, a P/E/G ratio of 2.97 and a beta of 0.91.

Element Fleet Management Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 15th were issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Monday, June 30th. Element Fleet Management's dividend payout ratio is presently 39.84%.

Insider Activity

In other Element Fleet Management news, Director Luis Manuel Enrique Tellez Kuenzler purchased 4,300 shares of the stock in a transaction dated Tuesday, May 13th. The shares were purchased at an average cost of C$31.58 per share, with a total value of C$135,781.10. 0.26% of the stock is currently owned by insiders.

Element Fleet Management Company Profile

Element Financial separated into two independent public companies in October 2016. The former company now consists of Element Fleet Management, a global fleet management company, and ECN Capital, a commercial finance company. Element Fleet Management provides management services and financing for commercial vehicle and equipment fleets.