ECN Capital (ECN) Stock Price, News & Analysis

Company Overview

ECN Capital Corp. originates, manages, and advises on credit assets on behalf of its partners in North America. It operates in two segments, Manufactured Housing Finance; and Recreational Vehicle and Marine Finance. The company offers consumer loans, including manufactured housing, recreational vehicle, and marine loans; and commercial loans, such as inventory finance or floorplan loans. It serves banks, credit unions, life insurance companies, and pension and investment funds. The company was incorporated in 2016 and is headquartered in Toronto, Canada.

Key Stats

• Today's Range: C$2.14 to C$2.25
• 50-Day Range: C$2.02 to C$2.38
• 52-Week Range: C$1.60 to C$3.10
• Volume: 149,037 shs
• Average Volume: 332,119 shs
• Market Capitalization: C$615.65 million
• P/E Ratio: N/A
• Dividend Yield: 1.83%
• Price Target: C$2.48
• Consensus Rating: Hold

ECN Capital Stock Analysis - MarketRank™

ECN Capital scored higher than 34% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

ECN Capital has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

ECN Capital has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of ECN Capital is -6.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of ECN Capital is -6.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

ECN Capital has a PEG Ratio of 0.24. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

ECN Capital has a P/B Ratio of 8.11. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ECN.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

ECN Capital pays a meaningful dividend of 1.84%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

ECN Capital does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for ECN.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.37

News Sentiment

ECN Capital has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Financial Services companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for ECN Capital this week, compared to 1 article on an average week.

Search Interest

2 people have searched for ECN on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added ECN Capital to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, ECN Capital insiders have not sold or bought any company stock.

Percentage Held by Insiders

18.31% of the stock of ECN Capital is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

48.19% of the stock of ECN Capital is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ECN Stock Analysis - Frequently Asked Questions

How have ECN shares performed this year?

ECN Capital's stock was trading at C$3.00 at the start of the year. Since then, ECN shares have decreased by 27.0% and is now trading at C$2.19.
View the best growth stocks for 2024 here.

How were ECN Capital's earnings last quarter?

ECN Capital Corp. (TSE:ECN) announced its quarterly earnings results on Wednesday, August, 7th. The company reported $0.04 EPS for the quarter, meeting analysts' consensus estimates of $0.04. The firm earned $79.37 million during the quarter, compared to the consensus estimate of $75.42 million. ECN Capital had a negative trailing twelve-month return on equity of 33.69% and a negative net margin of 55.01%.

How do I buy shares of ECN Capital?

Shares of ECN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of ECN Capital own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ECN Capital investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Wheaton Precious Metals (WPM) and Vermilion Energy (VET).

Company Calendar

• Last Earnings: 8/07/2024
• Ex-Dividend for 10/1 Dividend: 9/13/2024
• Dividend Payable: 10/01/2024
• Today: 10/22/2024
• Next Earnings (Confirmed): 11/07/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Financial Services
• Industry: Mortgage Finance
• Sub-Industry: N/A
• Current Symbol: TSE:ECN
• CUSIP: N/A
• CIK: N/A
• Web: ecncapitalcorp.com
• Phone: +1-416-6466894
• Fax: N/A
• Employees: 620
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$2.48
• High Stock Price Target: C$3.50
• Low Stock Price Target: C$2.00
• Potential Upside/Downside: +10.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.33)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 9.20
• P/E Growth: 0.24
• Net Income: C$-64,930,000.00
• Net Margins: -55.01%
• Pretax Margin: N/A
• Return on Equity: -33.69%
• Return on Assets: -4.85%

Debt

• Debt-to-Equity Ratio: 383.08
• Current Ratio: 10.77
• Quick Ratio: 3.81

Sales & Book Value

• Annual Sales: C$104.77 million
• Price / Sales: 6.04
• Cash Flow: C$0.07 per share
• Price / Cash Flow: 33.21
• Book Value: C$0.27 per share
• Price / Book: 8.33

Miscellaneous

• Outstanding Shares: 281,120,000
• Free Float: N/A
• Market Cap: C$632.52 million
• Optionable: Not Optionable
• Beta: 1.35