Should I buy or sell Exchange Income stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Exchange Income in the last twelve months. There are currently 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" EIF shares. View EIF analyst ratings or view top-rated stocks .

What is Exchange Income's stock price target for 2024?

7 brokerages have issued twelve-month target prices for Exchange Income's stock. Their EIF share price targets range from C$58.00 to C$70.00. On average, they anticipate the company's stock price to reach C$63.00 in the next year. This suggests a possible upside of 38.2% from the stock's current price. View analysts price targets for EIF or view top-rated stocks among Wall Street analysts .

How have EIF shares performed in 2023?

Exchange Income's stock was trading at C$52.63 on January 1st, 2023. Since then, EIF stock has decreased by 13.4% and is now trading at C$45.58. View the best growth stocks for 2023 here .

When is Exchange Income's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024. View our EIF earnings forecast .

How were Exchange Income's earnings last quarter?

Exchange Income Co. (TSE:EIF) posted its quarterly earnings results on Thursday, November, 9th. The company reported $1.19 EPS for the quarter, topping analysts' consensus estimates of $1.17 by $0.02. The business earned $687.67 million during the quarter, compared to analysts' expectations of $657.17 million. Exchange Income had a net margin of 5.04% and a trailing twelve-month return on equity of 10.61%.

How often does Exchange Income pay dividends? What is the dividend yield for Exchange Income?

Exchange Income announced a monthly dividend on Friday, November 17th. Shareholders of record on Thursday, November 30th will be given a dividend of 0.22 per share on Friday, December 15th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 5.79%. The ex-dividend date is Wednesday, November 29th. This is a boost from the stock's previous monthly dividend of C$0.21. Read our dividend analysis for EIF .

Is Exchange Income a good dividend stock?

Exchange Income (TSE:EIF) pays an annual dividend of C$2.64 per share and currently has a dividend yield of 5.82%. EIF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 99.25%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for EIF .

What other stocks do shareholders of Exchange Income own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Exchange Income investors own include Bank of Nova Scotia (BNS) , Pembina Pipeline (PPL) , Enbridge (ENB) , Air Canada (AC) , Toronto-Dominion Bank (TD) , Royal Bank of Canada (RY) , Fortis (FTS) , Inter Pipeline (IPL) , Suncor Energy (SU) and Intelsat (I) .

How do I buy shares of Exchange Income?

Shares of EIF 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 .

Exchange Income Stock Price, News & Analysis (TSE:EIF)

C$45.58

-0.04 (-0.09%)

(As of 12/5/2023 ET)

Compare

Today's Range: C$45.47
▼
C$46.03
50-Day Range: C$42.44
▼
C$46.73
52-Week Range: C$42.05
▼
C$55.74

Volume: 63,076 shs
Average Volume: 91,842 shs
Market Capitalization: C$2.13 billion

P/E Ratio: 17.14
Dividend Yield: 5.79%
Price Target: C$63.00

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Exchange Income MarketRank™ Stock Analysis

Analyst Rating: Buy
3.14 Rating Score
Upside/Downside: 38.2% Upside
C$63.00 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
C$49,995 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.60 out of 5 stars

4.6

Analyst's Opinion

Consensus Rating
Exchange Income has received a consensus rating of Buy. The company's average rating score is 3.14, and is based on 6 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$63.00, Exchange Income has a forecasted upside of 38.2% from its current price of C$45.58.
Amount of Analyst Coverage
Exchange Income has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for EIF.

1.7

Dividend Strength

Dividend Leadership
Exchange Income is a leading dividend payer. It pays a dividend yield of 5.82%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Exchange Income does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Exchange Income is 99.25%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for EIF.

1.2

News and Social Media Coverage

News Sentiment
Exchange Income has a news sentiment score of 0.21. 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 news sentiment score is similar to the average news sentiment of Industrials companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Exchange Income this week, compared to 2 articles on an average week.
Search Interest
Only 4 people have searched for EIF on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Exchange Income to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Exchange Income insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$49,995.00 in company stock and sold C$0.00 in company stock.
Percentage Held by Insiders
Only 6.40% of the stock of Exchange Income is held by insiders.
Percentage Held by Institutions
Only 9.81% of the stock of Exchange Income is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Exchange Income is 17.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.51.
Price to Earnings Ratio vs. Sector
The P/E ratio of Exchange Income is 17.14, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 364.11.
Price to Earnings Growth Ratio
Exchange Income has a PEG Ratio of 1.42. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Exchange Income has a P/B Ratio of 1.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Exchange Income Stock (TSE:EIF)

Exchange Income Corporation, together with its subsidiaries, engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. It operates in two segments, Aerospace & Aviation, and Manufacturing. The Aerospace & Aviation segment offers scheduled airline, cargo, charter, and emergency medical services to communities located in Manitoba, Ontario, Nunavut, British Columbia, and Alberta, as well as Newfoundland and Labrador, Québec, New Brunswick, and Nova Scotia. The segment also provides after-market aircraft, engines, and component parts to regional airline operators; designs, modifies, maintains, and operates custom sensor-equipped aircraft; and offers pilot flight training, and maritime surveillance and support services in Canada, the Caribbean, and the Middle East. The Manufacturing segment manufactures, sells, and rents temporary access mats, as well as temporary access bridges to provide complete access solutions; unitized window wall systems used primarily in high-rise multi-family residential projects; provides engineering, design, manufacturing, and construction of communication infrastructure, wireless and wireline construction and maintenance services, and technical services; and integrates electrical and control systems. The segment also manufactures precision parts and components primarily used in the aerospace, defense, healthcare, and security sectors; specialized stainless-steel tanks, vessels, and processing equipment; specialized heavy-duty pressure washing and steam systems, commercial water recycling systems, and custom tanks for the transportation of various products, primarily oil, gasoline, and water; and precision sheet metal and tubular products. Exchange Income Corporation was incorporated in 2002 and is headquartered in Winnipeg, Canada.

EIF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

EIF Stock News Headlines

December 3, 2023 | ca.finance.yahoo.com

3 Top TSX Passive-Income Stocks That Pay Out Every Month

November 10, 2023 | msn.com

2 Top Canadian Dividend Stocks That Pay Cash Monthly

December 6, 2023 | Edge On The Street (Ad)

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October 19, 2023 | msn.com

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October 19, 2023 | msn.com

London Stock Exchange trading disrupted after 'incident' - latest updates

October 18, 2023 | theglobeandmail.com

Closing Bell: Exchange Income Corp 5.25 Pct Debs flat on Friday (EIF-DB-M)

October 13, 2023 | theglobeandmail.com

Exchange Income: Stocks Undervalued by Analyst Consensus on TSX (EIF)

October 12, 2023 | finance.yahoo.com

Exchange Income Corporation to Host Third Quarter Results Conference Call on November 10, 2023

December 6, 2023 | Edge On The Street (Ad)

Energy Storage Trend Ignites Frenzy Over Vanadium Supply

September 27, 2023 | markets.businessinsider.com

RBC Capital Keeps Their Buy Rating on Exchange Income (EIF)

September 15, 2023 | finance.yahoo.com

Exchange Income Corporation Announces September 2023 Dividend

September 5, 2023 | msn.com

Here’s How You Could Earn $100 Tax-Free This Month

August 7, 2023 | finance.yahoo.com

Exchange Income's (TSE:EIF) earnings growth rate lags the 28% CAGR delivered to shareholders

July 19, 2023 | theglobeandmail.com

Closing Bell: Exchange Income Corp up on Tuesday (EIF)

July 11, 2023 | msn.com

3 Great Investments That Will Provide You With Monthly Income in 2023

July 10, 2023 | finance.yahoo.com

How Good Is Exchange Income Corporation (TSE:EIF), When It Comes To ROE?

July 6, 2023 | finance.yahoo.com

Exchange Income Corporation to Host Second Quarter Results Conference Call on August 11, 2023

June 20, 2023 | theglobeandmail.com

Closing Bell: Exchange Income Corp 5.75 Pct Debs up on Monday (EIF-DB-K)

June 16, 2023 | finance.yahoo.com

Exchange Income Corporation Announces June 2023 Dividend

June 14, 2023 | markets.businessinsider.com

Exchange Income (EIF) Received its Third Buy in a Row

June 14, 2023 | markets.businessinsider.com

Exchange Income (EIF) Gets a Buy Rating from Scotiabank

June 14, 2023 | finance.yahoo.com

Exchange Income Corporation Closes $172 Million Bought Deal Offering of Common Shares

June 9, 2023 | msn.com

RAYMOND JAMES LTD. Maintains Exchange Income (TSX:EIF) Strong Buy Recommendation

June 9, 2023 | msn.com

NATIONAL BANK FINANCIAL Maintains Exchange Income (TSX:EIF) Outperform Recommendation

June 9, 2023 | msn.com

TD SECURITIES Maintains Exchange Income (TSX:EIF) Buy Recommendation

June 6, 2023 | theglobeandmail.com

Closing Bell: Exchange Income Corp 5.75 Pct Debs flat on Monday (EIF-DB-K)

June 6, 2023 | markets.businessinsider.com

Raymond James Maintains a Buy Rating on Exchange Income (EIF)

See More Headlines

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Company Calendar

Ex-Dividend for 11/15 Dividend: 10/30/2023
Last Earnings: 11/09/2023
Dividend Payable: 11/15/2023
Ex-Dividend for 12/15 Dividend: 11/29/2023
Today: 12/05/2023
Dividend Payable: 12/15/2023
Next Earnings (Estimated): 2/28/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Airlines
Sub-Industry: N/A
Sector: Industrials
Current Symbol: TSE:EIF
CUSIP: N/A
CIK: N/A
Web: www.exchangeincomecorp.ca
Phone: +1-204-9821857
Fax: N/A
Employees: 4,340
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$63.00
High Stock Price Target: C$70.00
Low Stock Price Target: C$58.00
Potential Upside/Downside: +38.2%
Consensus Rating: Buy
Rating Score (0-4): 3.14
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$2.66
Trailing P/E Ratio: 17.14
Forward P/E Ratio: 14.65
P/E Growth: 1.42
Net Income: C$120.27 million
Net Margins: 5.04%
Pretax Margin: N/A
Return on Equity: 10.61%
Return on Assets: 4.71%

Debt

Debt-to-Equity Ratio: 153.76
Current Ratio: 1.93
Quick Ratio: 1.13

Sales & Book Value

Annual Sales: C$2.39 billion
Price / Sales: 0.89
Cash Flow: C$2.10 per share
Price / Cash Flow: 21.69
Book Value: C$26.76 per share
Price / Book: 1.70

Miscellaneous

Outstanding Shares: 46,660,000
Free Float: N/A
Market Cap: C$2.13 billion
Optionable: Not Optionable
Beta: 2.05

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Key Executives

Mr. Michael C. Pyle M.B.A. (Age 59)
CEO & Director
Comp: $2.21M
Mr. Duncan Draper Jessiman Q.C. (Age 77)
Executive Vice Chairman
Comp: $268.4k
Ms. Carmele N. Peter L.L.B. (Age 57)
Q.C., President
Comp: $1.63M
Mr. Richard Wowryk C.A.
CPA, CBV, Chief Financial Officer
Mr. Doron Marom
Chief Executive Officer of Regional One, Inc.
Mr. Hank Gibson
President of Regional One, Inc.
Mr. Darwin R. Sparrow (Age 56)
Chief Operating Officer
Comp: $322.22k
Mr. Curtis Anderson
Chief Technology Officer
Mr. Travis Raymond Muhr
Chief Administrative Officer
Pam Plaster
Vice President of Investor Development

Key Competitors

View All Competitors

Insiders

Edward Warkentin
Bought 1,115 shares on 11/14/2023
Total: C$49,995.04 ($44.84/share)

View All Insider Transactions

EIF Stock Analysis - Frequently Asked Questions

Should I buy or sell Exchange Income stock right now?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Exchange Income in the last twelve months. There are currently 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" EIF shares.
View EIF analyst ratings or view top-rated stocks.
What is Exchange Income's stock price target for 2024?: 7 brokerages have issued twelve-month target prices for Exchange Income's stock. Their EIF share price targets range from C$58.00 to C$70.00. On average, they anticipate the company's stock price to reach C$63.00 in the next year. This suggests a possible upside of 38.2% from the stock's current price.
View analysts price targets for EIF or view top-rated stocks among Wall Street analysts.
How have EIF shares performed in 2023?: Exchange Income's stock was trading at C$52.63 on January 1st, 2023. Since then, EIF stock has decreased by 13.4% and is now trading at C$45.58.
View the best growth stocks for 2023 here.
When is Exchange Income's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our EIF earnings forecast.
How were Exchange Income's earnings last quarter?: Exchange Income Co. (TSE:EIF) posted its quarterly earnings results on Thursday, November, 9th. The company reported $1.19 EPS for the quarter, topping analysts' consensus estimates of $1.17 by $0.02. The business earned $687.67 million during the quarter, compared to analysts' expectations of $657.17 million. Exchange Income had a net margin of 5.04% and a trailing twelve-month return on equity of 10.61%.

How often does Exchange Income pay dividends? What is the dividend yield for Exchange Income?: Exchange Income announced a monthly dividend on Friday, November 17th. Shareholders of record on Thursday, November 30th will be given a dividend of 0.22 per share on Friday, December 15th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 5.79%. The ex-dividend date is Wednesday, November 29th. This is a boost from the stock's previous monthly dividend of C$0.21.
Read our dividend analysis for EIF.
Is Exchange Income a good dividend stock?: Exchange Income (TSE:EIF) pays an annual dividend of C$2.64 per share and currently has a dividend yield of 5.82%. EIF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 99.25%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for EIF.
What other stocks do shareholders of Exchange Income own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Exchange Income investors own include Bank of Nova Scotia (BNS), Pembina Pipeline (PPL), Enbridge (ENB), Air Canada (AC), Toronto-Dominion Bank (TD), Royal Bank of Canada (RY), Fortis (FTS), Inter Pipeline (IPL), Suncor Energy (SU) and Intelsat (I).
How do I buy shares of Exchange Income?: Shares of EIF 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.

This page (TSE:EIF) was last updated on 12/6/2023 by MarketBeat.com Staff

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Exchange Income Stock Price, News & Analysis (TSE:EIF)

Exchange Income MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Exchange Income Stock (TSE:EIF)

EIF Stock Price History

EIF Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

EIF Stock Analysis - Frequently Asked Questions

Overall MarketRank^™