Desjardins Comments on goeasy's FY2026 Earnings (TSE:GSY)

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) - Equities researchers at Desjardins lifted their FY2026 EPS estimates for goeasy in a research report issued on Tuesday, July 22nd. Desjardins analyst G. Ho now expects that the company will post earnings of $21.86 per share for the year, up from their prior forecast of $21.58. The consensus estimate for goeasy's current full-year earnings is $20.32 per share.

Other equities research analysts also recently issued research reports about the stock. BMO Capital Markets upped their target price on shares of goeasy from C$220.00 to C$228.00 and gave the company an "outperform" rating in a research note on Monday. Scotiabank upped their target price on shares of goeasy from C$205.00 to C$230.00 in a research note on Wednesday, July 23rd. Cormark lowered their target price on shares of goeasy from C$240.00 to C$210.00 in a research note on Thursday, April 24th. National Bankshares lowered their target price on shares of goeasy from C$240.00 to C$235.00 and set an "outperform" rating for the company in a research note on Thursday, May 8th. Finally, TD Securities lowered their target price on shares of goeasy from C$199.00 to C$192.00 and set a "buy" rating for the company in a research note on Friday, May 9th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, goeasy presently has an average rating of "Moderate Buy" and an average price target of C$216.50.

goeasy Trading Down 1.0%

Shares of GSY traded down C$1.90 on Friday, reaching C$186.10. 26,577 shares of the company's stock were exchanged, compared to its average volume of 63,156. The company has a current ratio of 82.04, a quick ratio of 28.46 and a debt-to-equity ratio of 287.63. The stock has a market capitalization of C$3.12 billion, a P/E ratio of 11.31, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87. The business has a 50 day moving average price of C$162.96 and a two-hundred day moving average price of C$161.37. goeasy has a 12 month low of C$134.01 and a 12 month high of C$205.49.

Insider Activity

In other goeasy news, Senior Officer Daniel Llewellyn Rees bought 1,000 shares of the firm's stock in a transaction that occurred on Monday, June 23rd. The stock was acquired at an average price of C$160.00 per share, with a total value of C$160,000.00. 22.05% of the stock is owned by corporate insiders.

goeasy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 11th. Stockholders of record on Friday, July 11th were given a dividend of $1.46 per share. This represents a $5.84 annualized dividend and a dividend yield of 3.14%. The ex-dividend date was Friday, June 27th. goeasy's dividend payout ratio is 28.45%.

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.