goeasy - GSY Stock Forecast, Price & News

goeasy Ltd. provides non-prime leasing and lending services to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment provides unsecured and real estate secured installment loans; personal, home equity, and auto loans; point-of-sale and small business financing; and value-added services. The Easyhome segment leases household furniture, appliances, electronics, computers, and unsecured lending products to retail consumers. As of December 31, 2021, it operated 294 easyfinancial locations that include 8 kiosks, as well as 158 easyhome stores that include 34 franchises. The company was formerly known as easyhome Ltd. and changed its name to goeasy Ltd. in September 2015. goeasy Ltd. was incorporated in 1990 and is headquartered in Mississauga, Canada

Wall Street Analyst Weigh In

A number of brokerages have issued reports on GSY. CIBC reduced their price target on shares of goeasy from C$200.00 to C$180.00 and set an "outperform" rating on the stock in a report on Thursday, May 12th. National Bankshares lifted their price target on shares of goeasy from C$155.00 to C$170.00 and gave the company an "outperform" rating in a report on Thursday, August 11th. BMO Capital Markets lifted their price target on shares of goeasy from C$225.00 to C$234.00 in a report on Friday. TD Securities lifted their price target on shares of goeasy from C$195.00 to C$200.00 and gave the company a "buy" rating in a report on Friday. Finally, Raymond James reduced their price target on shares of goeasy from C$213.00 to C$202.00 and set a "strong-buy" rating on the stock in a report on Friday, July 8th. One analyst has rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, goeasy has a consensus rating of "Buy" and a consensus price target of C$196.00.

goeasy Stock Performance

Shares of TSE:GSY opened at C$140.09 on Tuesday. goeasy has a 52 week low of C$95.00 and a 52 week high of C$218.35. The stock has a market capitalization of C$2.22 billion and a P/E ratio of 15.51. The firm has a fifty day simple moving average of C$108.40 and a two-hundred day simple moving average of C$122.51. The company has a quick ratio of 15.94, a current ratio of 16.00 and a debt-to-equity ratio of 240.20.

goeasy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 14th. Investors of record on Friday, September 30th will be paid a dividend of $0.91 per share. The ex-dividend date is Thursday, September 29th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 2.60%. goeasy's dividend payout ratio is presently 32.00%.