goeasy FY2024 EPS Forecast Lifted by National Bank Financial

goeasy Ltd. (TSE:GSY) – Equities researchers at National Bank Financial lifted their FY2024 EPS estimates for goeasy in a research note issued to investors on Sunday, November 10th. National Bank Financial analyst J. Gloyn now anticipates that the company will post earnings of $16.90 per share for the year, up from their prior forecast of $16.72. The consensus estimate for goeasy’s current full-year earnings is $20.32 per share. National Bank Financial also issued estimates for goeasy’s FY2025 earnings at $19.95 EPS.

Several other research analysts have also issued reports on the stock. National Bankshares increased their price target on shares of goeasy from C$235.00 to C$240.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Scotiabank upped their price objective on goeasy from C$215.00 to C$222.00 in a research note on Friday, August 9th. BMO Capital Markets raised their target price on goeasy from C$202.00 to C$207.00 in a research report on Monday. Finally, Desjardins lowered their price target on goeasy from C$215.00 to C$210.00 and set a “buy” rating on the stock in a research report on Wednesday, October 23rd. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, goeasy currently has a consensus rating of “Moderate Buy” and a consensus price target of C$219.89.

goeasy Price Performance

TSE:GSY opened at C$173.74 on Wednesday. The company has a debt-to-equity ratio of 289.31, a quick ratio of 28.46 and a current ratio of 15.97. The company has a 50-day moving average of C$179.60 and a 200-day moving average of C$184.04. goeasy has a 52 week low of C$121.49 and a 52 week high of C$206.02. The company has a market capitalization of C$2.92 billion, a price-to-earnings ratio of 11.30, a PEG ratio of 0.84 and a beta of 1.87.

goeasy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, December 27th will be given a $1.17 dividend. The ex-dividend date is Friday, December 27th. This represents a $4.68 annualized dividend and a yield of 2.69%. goeasy’s payout ratio is 30.45%.

Insiders Place Their Bets

In other goeasy news, Senior Officer Jason Mullins sold 4,500 shares of the company’s stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of C$188.00, for a total transaction of C$846,000.00. Also, Senior Officer Michael Anthony Eubanks sold 1,800 shares of the stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of C$175.58, for a total value of C$316,051.56. Insiders own 22.05% of the company’s stock.

goeasy Company Profile

goeasy Ltd. provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. It offers unsecured and secured installment loans; home equity secured instalment loans and automotive vehicle financing; and loans to finance the purchase of retail goods, powersports and recreational vehicles, home improvement projects, and healthcare related products and services.