Element Fleet Management (EFN) Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Element Fleet Management in the last year. There are currently 4 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.

5 Wall Street research analysts have issued 1 year price objectives for Element Fleet Management's shares. Their EFN share price forecasts range from C$20.00 to C$31.00. On average, they anticipate the company's share price to reach C$25.38 in the next year. This suggests a possible upside of 31.0% from the stock's current price.
View analysts price targets for EFN or view top-rated stocks among Wall Street analysts.

Element Fleet Management's stock was trading at C$18.45 on January 1st, 2023. Since then, EFN shares have increased by 5.0% and is now trading at C$19.37.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our EFN earnings forecast.

Element Fleet Management Corp. (TSE:EFN) issued its quarterly earnings data on Tuesday, August, 8th. The financial services provider reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.02. The financial services provider earned $323.07 million during the quarter, compared to the consensus estimate of $313 million. Element Fleet Management had a net margin of 23.75% and a trailing twelve-month return on equity of 11.76%.

Element Fleet Management declared a quarterly dividend on Tuesday, August 8th. Stockholders of record on Friday, September 29th will be paid a dividend of 0.10 per share on Friday, October 13th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.07%. The ex-dividend date is Thursday, September 28th.
Read our dividend analysis for EFN.

Element Fleet Management (TSE:EFN) pays an annual dividend of C$0.40 per share and currently has a dividend yield of 2.05%. The dividend payout ratio is 39.22%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for EFN.

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).

Element Fleet Management trades on the Toronto Stock Exchange (TSX) under the ticker symbol "EFN."

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.
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One share of EFN stock can currently be purchased for approximately C$19.37.

Element Fleet Management (TSE:EFN) has a market capitalization of C$7.55 billion and generates C$1.82 billion in revenue each year. The financial services provider earns C$407.67 million in net income (profit) each year or C$1.02 on an earnings per share basis.

The company employs 2,500 workers across the globe.

Element Fleet Management's mailing address is 161 Bay Street, Suite 3600, Toronto, ON M5J 2S1, Canada, . The official website for the company is www.elementfleet.com. The financial services provider can be reached via phone at 416-386-1067.