goeasy (GSY) to Release Quarterly Earnings on Tuesday

goeasy (TSE:GSY) is scheduled to be releasing its earnings data after the market closes on Tuesday, May 7th. Analysts expect goeasy to post earnings of C$3.80 per share for the quarter.

goeasy (TSE:GSY) last announced its quarterly earnings results on Tuesday, February 13th. The company reported C$4.01 earnings per share (EPS) for the quarter, topping the consensus estimate of C$3.92 by C$0.09. goeasy had a net margin of 33.21% and a return on equity of 25.77%. The company had revenue of C$338.11 million during the quarter, compared to the consensus estimate of C$340.35 million.

goeasy Stock Down 0.1 %

Shares of GSY opened at C$181.60 on Monday. The stock has a market capitalization of C$3.02 billion, a price-to-earnings ratio of 12.54, a PEG ratio of 0.84 and a beta of 1.97. goeasy has a 52 week low of C$87.00 and a 52 week high of C$184.24. The company has a debt-to-equity ratio of 278.25, a quick ratio of 28.46 and a current ratio of 15.62. The stock has a fifty day moving average of C$167.33 and a 200-day moving average of C$153.25.

goeasy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 12th. Investors of record on Friday, March 29th were given a dividend of $1.17 per share. This is a positive change from goeasy’s previous quarterly dividend of $0.96. This represents a $4.68 annualized dividend and a yield of 2.58%. The ex-dividend date was Wednesday, March 27th. goeasy’s dividend payout ratio (DPR) is currently 32.32%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on GSY. Scotiabank boosted their price target on shares of goeasy from C$183.00 to C$190.00 and gave the stock a “sector perform” rating in a research report on Tuesday, April 30th. Cormark boosted their target price on shares of goeasy from C$193.00 to C$200.00 and gave the company a “buy” rating in a report on Wednesday, February 14th. Desjardins increased their price target on goeasy from C$185.00 to C$190.00 and gave the stock a “buy” rating in a report on Monday, April 22nd. CIBC lifted their price objective on goeasy from C$200.00 to C$220.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Finally, National Bankshares upped their target price on goeasy from C$195.00 to C$210.00 and gave the company an “outperform” rating in a research report on Tuesday, April 30th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$196.44.

Insider Buying and Selling

In related news, Director David Ingram sold 30,000 shares of goeasy stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of C$157.58, for a total value of C$4,727,400.00. 22.18% of the stock is owned by company insiders.

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.