TSE:EFN Element Fleet Management (EFN) Stock Forecast, Price & News C$20.59 +0.46 (+2.29%) (As of 04:00 PM ET) Add Compare Share Share Today's RangeC$19.98▼C$20.6450-Day RangeC$17.01▼C$20.5852-Week RangeC$12.82▼C$21.15Volume4.60 million shsAverage Volume874,502 shsMarket CapitalizationC$8.03 billionP/E Ratio21.23Dividend Yield1.94%Price TargetC$23.38 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media Element Fleet Management MarketRank™ ForecastAnalyst RatingBuy3.17 Rating ScoreUpside/Downside15.8% UpsideC$23.38 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.34Based on 3 Articles This WeekInsider TradingAcquiring SharesC$1.85 M Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.03 out of 5 stars 2.6 Analyst's Opinion Consensus RatingElement Fleet Management has received a consensus rating of Buy. The company's average rating score is 3.17, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$23.38, Element Fleet Management has a forecasted upside of 15.8% from its current price of C$20.19.Amount of Analyst CoverageElement Fleet Management has only been the subject of 4 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for EFN. Previous Next 1.7 Dividend Strength Dividend YieldElement Fleet Management pays a meaningful dividend of 1.97%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthElement Fleet Management does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Element Fleet Management is 41.24%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EFN. Previous Next 1.9 News and Social Media Coverage News SentimentElement Fleet Management has a news sentiment score of 0.34. 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 0.69 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Element Fleet Management this week, compared to 1 article on an average week. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Element Fleet Management insiders have bought 65.59% more of their company's stock than they have sold. Specifically, they have bought C$1,849,520.00 in company stock and sold C$1,116,914.00 in company stock.Percentage Held by InsidersOnly 0.21% of the stock of Element Fleet Management is held by insiders.Percentage Held by Institutions57.24% of the stock of Element Fleet Management is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Element Fleet Management is 20.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.03.Price to Earnings Ratio vs. SectorThe P/E ratio of Element Fleet Management is 20.81, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 155.57.Price to Earnings Growth RatioElement Fleet Management has a PEG Ratio of 2.97. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioElement Fleet Management has a P/B Ratio of 2.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Element Fleet Management (TSE:EFN) StockElement Fleet Management Corp. operates as a fleet management company primarily in Canada, the United States, Mexico, Australia, and New Zealand. The company offers fleet management services comprising vehicle acquisition, financing, program management, and remarketing services to corporate, commercial, government, and public service vehicle fleets. It serves construction, energy, oil and gas, food and beverage, healthcare, services, transportation, and utility industries. Element Fleet Management Corp. is headquartered in Toronto, Canada.Read More Receive EFN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Element Fleet Management and its competitors with MarketBeat's FREE daily newsletter. Email Address EFN Stock News HeadlinesMay 31, 2023 | baystreet.caWhy I’m Buying Element Fleet Stock TodayMay 29, 2023 | americanbankingnews.comBrokerages Set Element Fleet Management Corp. (TSE:EFN) PT at C$23.38May 31, 2023 | Edge On The Street (Ad)Soaring EV Industry Keeps Investor Focus on LithiumThe need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.May 24, 2023 | theglobeandmail.comClosing Bell: Element Fleet Management 4.25 Pct Debs down on Tuesday (EFN-DB-B)May 24, 2023 | theglobeandmail.comClosing Bell: Element Fleet Management 4.25 Pct Debs down on Friday (EFN-DB-B)May 17, 2023 | americanbankingnews.comQ2 2023 Earnings Estimate for Element Fleet Management Corp. (TSE:EFN) Issued By Raymond JamesMay 16, 2023 | ca.finance.yahoo.comBoardwalk, DLP, Element Fleet at 52-Week HighsMay 12, 2023 | americanbankingnews.comElement Fleet Management (TSE:EFN) Trading Up 13.5%May 31, 2023 | Edge On The Street (Ad)Soaring EV Industry Keeps Investor Focus on LithiumThe need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.May 11, 2023 | americanbankingnews.comNational Bank Financial Brokers Increase Earnings Estimates for Element Fleet Management Corp. (TSE:EFN)May 10, 2023 | finanznachrichten.deElement Fleet Management: Element Reports Strong First Quarter Results, Raises Full-Year 2023 Results GuidanceMay 9, 2023 | msn.comElement Fleet Management reports Q1 results, raises FY 2023 guidanceMay 5, 2023 | theglobeandmail.comClosing Bell: Element Fleet Management Corp up on Friday (EFN)May 5, 2023 | americanbankingnews.comFY2023 EPS Estimates for Element Fleet Management Corp. (TSE:EFN) Lifted by National Bank FinancialMay 4, 2023 | americanbankingnews.comNational Bank Financial Weighs in on Element Fleet Management Corp.'s Q1 2023 Earnings (TSE:EFN)May 4, 2023 | americanbankingnews.comBrokerages Set Element Fleet Management Corp. (TSE:EFN) Price Target at C$23.38May 3, 2023 | theglobeandmail.comClosing Bell: Element Fleet Management 4.25 Pct Debs flat on Monday (EFN-DB-B)May 1, 2023 | theglobeandmail.comClosing Bell: Element Fleet Management Corp up on Monday (EFN)April 28, 2023 | theglobeandmail.comClosing Bell: Element Fleet Management 4.25 Pct Debs down on Thursday (EFN-DB-B)April 25, 2023 | theglobeandmail.comClosing Bell: Element Fleet Management Corp down on Tuesday (EFN)April 24, 2023 | theglobeandmail.comClosing Bell: Element Fleet Management 4.25 Pct Debs flat on Friday (EFN-DB-B)April 21, 2023 | theglobeandmail.comClosing Bell: Element Fleet Management Corp down on Friday (EFN)April 20, 2023 | theglobeandmail.comClosing Bell: Element Fleet Management Corp down on Thursday (EFN)April 15, 2023 | theglobeandmail.comClosing Bell: Element Fleet Management 4.25 Pct Debs flat on Thursday (EFN-DB-B)April 14, 2023 | finance.yahoo.comInvesting in Element Fleet Management (TSE:EFN) five years ago would have delivered you a 284% gainApril 13, 2023 | theglobeandmail.comClosing Bell: Element Fleet Management 4.25 Pct Debs flat on Tuesday (EFN-DB-B)April 12, 2023 | theglobeandmail.comClosing Bell: Element Fleet Management Corp up on Wednesday (EFN)See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive EFN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Element Fleet Management and its competitors with MarketBeat's FREE daily newsletter. Email Address EFN Company Calendar Last Earnings3/06/2023Ex-Dividend for 4/14 Dividend3/30/2023Dividend Payable4/14/2023Today5/31/2023Ex-Dividend for 7/14 Dividend6/29/2023Dividend Payable7/14/2023Next Earnings (Estimated)8/09/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Credit Services Sub-IndustryN/A SectorFinance Current SymbolTSE:EFN CUSIPN/A CIKN/A Webwww.elementfleet.com Phone416-386-1067FaxN/AEmployees2,500Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$23.38 High Stock Price ForecastC$28.00 Low Stock Price ForecastC$20.00 Forecasted Upside/Downside+16.1%Consensus RatingBuy Rating Score (0-4)3.17 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.97 Trailing P/E Ratio20.75 Forward P/E Ratio16.20 P/E Growth2.97Net IncomeC$396.61 million Net Margins24.17% Pretax MarginN/A Return on Equity11.53% Return on Assets3.03% Debt Debt-to-Equity Ratio251.18 Current Ratio6.50 Quick Ratio5.70 Sales & Book Value Annual SalesC$1.75 billion Price / Sales4.49 Cash FlowC$0.50 per share Price / Cash Flow40.04 Book ValueC$8.92 per share Price / Book2.26Miscellaneous Outstanding Shares390,060,000Free FloatN/AMarket CapC$7.85 billion OptionableNot Optionable Beta0.73 Key ExecutivesMr. Jay A. Forbes CPA (Age 62)F.C.A., FCA, FCPA, CEO, Pres & Exec. Director Comp: $2.31MMr. Frank A. Ruperto (Age 57)Exec. VP & CFO Comp: $1.58MMr. James R. Halliday (Age 51)Exec. VP & COO Comp: $1.6MMr. David MadrigalExec. VP & Chief Commercial OfficerMichael BarrettVP of Investor Relations & InvestmentsMr. David ColmanExec. VP, Gen. Counsel & Corp. Sec.Ms. Jacqueline Angela Thomson McGillivrayExec. VP & Chief People and Social Impact OfficerMr. Imran HusseinManaging DirectorMr. Scott CormanExec. Managing Director of Rail & Aviation Fin.Mr. Chris GittensExec. VP & Chief Digital OfficerMore ExecutivesKey CompetitorsWest Fraser TimberTSE:WFGTMX GroupTSE:XiA FinancialTSE:IAGIGM FinancialTSE:IGMOnexTSE:ONEXView All CompetitorsInsidersJames HallidaySold 27,300 sharesTotal: C$494,130.00 ($18.10/share)Jay A. ForbesBought 100,000 shares on 3/10/2023Total: C$1.85 M ($18.50/share)James HallidaySold 33,664 sharesTotal: C$622,784.00 ($18.50/share)James HallidaySold 33,133 sharesTotal: C$573,532.23 ($17.31/share)James HallidaySold 600 sharesTotal: C$10,206.00 ($17.01/share)View All Insider Transactions EFN Stock - Frequently Asked Questions Should I buy or sell Element Fleet Management stock right now? 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Element Fleet Management in the last twelve months. There are currently 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" EFN shares. View EFN analyst ratings or view top-rated stocks. What is Element Fleet Management's stock price forecast for 2023? 6 Wall Street research analysts have issued twelve-month price targets for Element Fleet Management's shares. Their EFN share price forecasts range from C$20.00 to C$28.00. On average, they expect the company's share price to reach C$23.38 in the next year. This suggests a possible upside of 16.1% from the stock's current price. View analysts price targets for EFN or view top-rated stocks among Wall Street analysts. How have EFN shares performed in 2023? Element Fleet Management's stock was trading at C$18.45 on January 1st, 2023. Since then, EFN shares have increased by 9.1% and is now trading at C$20.13. View the best growth stocks for 2023 here. When is Element Fleet Management's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023. View our EFN earnings forecast. How were Element Fleet Management's earnings last quarter? Element Fleet Management Corp. (TSE:EFN) issued its quarterly earnings data on Monday, March, 6th. The financial services provider reported $0.27 EPS for the quarter, topping analysts' consensus estimates of $0.26 by $0.01. The financial services provider earned $292.33 million during the quarter, compared to the consensus estimate of $267 million. Element Fleet Management had a trailing twelve-month return on equity of 11.53% and a net margin of 24.17%. How often does Element Fleet Management pay dividends? What is the dividend yield for Element Fleet Management? Element Fleet Management declared a quarterly dividend on Wednesday, May 10th. Shareholders of record on Friday, June 30th will be given a dividend of 0.10 per share on Friday, July 14th. This represents a $0.40 annualized dividend and a dividend yield of 1.99%. The ex-dividend date of this dividend is Thursday, June 29th. Read our dividend analysis for EFN. Is Element Fleet Management a good dividend stock? Element Fleet Management (TSE:EFN) pays an annual dividend of C$0.40 per share and currently has a dividend yield of 1.97%. The dividend payout ratio is 41.24%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for EFN. What other stocks do shareholders of Element Fleet Management own? Based on aggregate information from My MarketBeat watchlists, some companies that other Element Fleet Management investors own include ECN Capital (ECN), Bank of Nova Scotia (BNS), Enbridge (ENB), Algonquin Power & Utilities (AQN), BCE (BCE), Manulife Financial (MFC), Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), Canadian National Railway (CNR) and Emera (EMA). What is Element Fleet Management's stock symbol? Element Fleet Management trades on the Toronto Stock Exchange (TSX) under the ticker symbol "EFN." How do I buy shares of Element Fleet Management? Shares of EFN 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 is Element Fleet Management's stock price today? One share of EFN stock can currently be purchased for approximately C$20.13. How much money does Element Fleet Management make? Element Fleet Management (TSE:EFN) has a market capitalization of C$7.85 billion and generates C$1.75 billion in revenue each year. The financial services provider earns C$396.61 million in net income (profit) each year or C$0.97 on an earnings per share basis. How many employees does Element Fleet Management have? The company employs 2,500 workers across the globe. How can I contact Element Fleet Management? The official website for the company is www.elementfleet.com. The financial services provider can be reached via phone at 416-386-1067. This page (TSE:EFN) was last updated on 5/31/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Element Fleet Management Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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