Ventum Cap Mkts Estimates Propel's FY2026 Earnings (TSE:PRL)

Key Points

• Ventum Cap Mkts has lowered its FY2026 earnings estimate for Propel Holdings to $3.70 per share from a previous forecast of $3.93, while the consensus estimate remains at $5.39 per share.
• Propel Holdings recently increased its quarterly dividend to $0.78, translating to an annualized dividend of $3.12 and a dividend yield of 13.1%.
• The stock currently has a market cap of $931.20 million, a P/E ratio of 16.14, and has experienced a one-year price range between $20.99 and $43.36.

Propel Holdings Inc. (TSE:PRL - Free Report) - Equities researchers at Ventum Cap Mkts decreased their FY2026 earnings estimates for shares of Propel in a research report issued to clients and investors on Tuesday, October 21st. Ventum Cap Mkts analyst R. Goff now anticipates that the company will earn $3.70 per share for the year, down from their previous forecast of $3.93. The consensus estimate for Propel's current full-year earnings is $5.39 per share.

Several other equities analysts have also recently commented on PRL. Cormark upgraded shares of Propel to a "moderate buy" rating in a research note on Thursday, July 10th. Raymond James Financial cut their target price on shares of Propel from C$46.00 to C$42.00 in a research note on Wednesday, July 16th. Finally, Scotiabank upped their target price on shares of Propel from C$38.00 to C$43.00 in a research note on Wednesday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy".

Propel Price Performance

TSE:PRL opened at $23.88 on Thursday. The stock has a market cap of $931.20 million, a P/E ratio of 16.14 and a beta of 1.11. Propel has a one year low of $20.99 and a one year high of $43.36. The company has a fifty day moving average price of $30.35 and a 200 day moving average price of $31.75.

Propel Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, September 4th were paid a $0.78 dividend. The ex-dividend date was Wednesday, August 27th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 13.1%. This is a positive change from Propel's previous quarterly dividend of $0.18. Propel's dividend payout ratio is currently 30.81%.

Propel Company Profile

Propel Holdings Inc is a financial technology company committed to credit inclusion and helping underserved consumers by providing fair, fast, and transparent access to credit. It operates through its two brands: MoneyKey and CreditFresh. The company, through its MoneyKey brand, is a state-licensed direct lender and offers either Installment Loans or Lines of Credit to new customers in several US states.

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