What is Desjardins' Forecast for goeasy FY2026 Earnings?

Key Points

• Desjardins has raised its FY2026 earnings per share estimate for goeasy from $21.58 to $21.86, surpassing the current consensus estimate of $20.32 per share.
• goeasy's recent quarterly dividend of $1.46 per share reflects an annualized payout of $5.84, with a dividend yield of 3.21%.
• Analysts have varied views on goeasy's stock, with target price adjustments ranging from C$182.00 to C$230.00, highlighting a consensus rating of "Moderate Buy."

goeasy Ltd. (TSE:GSY - Free Report) - Stock analysts at Desjardins upped their FY2026 earnings per share estimates for shares of goeasy in a note issued to investors on Tuesday, July 22nd. Desjardins analyst G. Ho now expects that the company will post earnings per share of $21.86 for the year, up from their prior estimate of $21.58. The consensus estimate for goeasy's current full-year earnings is $20.32 per share.

GSY has been the subject of several other reports. Jefferies Financial Group lowered their price target on shares of goeasy from C$222.00 to C$182.00 in a research note on Monday, April 21st. Scotiabank boosted their target price on goeasy from C$205.00 to C$230.00 in a research note on Wednesday. Cormark dropped their target price on goeasy from C$240.00 to C$210.00 in a report on Thursday, April 24th. National Bankshares decreased their price target on goeasy from C$240.00 to C$235.00 and set an "outperform" rating on the stock in a research note on Thursday, May 8th. Finally, TD Securities lowered their price objective on goeasy from C$199.00 to C$192.00 and set a "buy" rating for the company in a research report on Friday, May 9th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of C$213.00.

goeasy Trading Up 1.4%

Shares of GSY opened at C$182.15 on Friday. The company has a debt-to-equity ratio of 287.63, a quick ratio of 28.46 and a current ratio of 82.04. goeasy has a fifty-two week low of C$134.01 and a fifty-two week high of C$205.49. The firm has a 50 day moving average price of C$161.56 and a 200-day moving average price of C$161.32. The firm has a market cap of C$3.05 billion, a price-to-earnings ratio of 11.07, a PEG ratio of 0.84 and a beta of 1.87.

goeasy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 11th. Stockholders of record on Friday, July 11th were given a $1.46 dividend. The ex-dividend date was Friday, June 27th. This represents a $5.84 dividend on an annualized basis and a dividend yield of 3.21%. goeasy's dividend payout ratio is currently 28.45%.

Insider Activity

In related news, Senior Officer Daniel Llewellyn Rees purchased 1,000 shares of the business's stock in a transaction that occurred on Monday, June 23rd. The shares were acquired at an average price of C$160.00 per share, for a total transaction of C$160,000.00. Company insiders own 22.05% of the company's stock.

goeasy Company Profile

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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