TSE:EFN Q2 EPS Estimate Decreased by National Bank Financial

Element Fleet Management Corp. (TSE:EFN) – Stock analysts at National Bank Financial dropped their Q2 2025 earnings estimates for shares of Element Fleet Management in a research note issued on Wednesday, November 13th. National Bank Financial analyst J. Gloyn now anticipates that the financial services provider will earn $0.42 per share for the quarter, down from their prior forecast of $0.43. The consensus estimate for Element Fleet Management’s current full-year earnings is $1.69 per share. National Bank Financial also issued estimates for Element Fleet Management’s FY2025 earnings at $1.71 EPS.

Other equities analysts have also issued reports about the stock. BMO Capital Markets raised their target price on shares of Element Fleet Management from C$28.00 to C$32.00 in a research report on Thursday, August 15th. Jefferies Financial Group downgraded shares of Element Fleet Management from a “buy” rating to a “hold” rating and dropped their price objective for the company from C$32.00 to C$30.00 in a research note on Friday. Royal Bank of Canada increased their price objective on shares of Element Fleet Management from C$33.00 to C$35.00 and gave the company an “outperform” rating in a research note on Wednesday, August 14th. TD Securities raised their target price on shares of Element Fleet Management from C$32.00 to C$33.00 and gave the company a “buy” rating in a research note on Thursday. Finally, National Bankshares raised their target price on shares of Element Fleet Management from C$37.00 to C$39.00 in a research note on Thursday. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$33.50.

Element Fleet Management Stock Performance

Element Fleet Management stock opened at C$27.11 on Monday. The firm has a market capitalization of C$10.94 billion, a P/E ratio of 21.18, a price-to-earnings-growth ratio of 2.97 and a beta of 0.91. The company’s 50-day moving average is C$28.66 and its 200 day moving average is C$26.33. Element Fleet Management has a 1-year low of C$20.62 and a 1-year high of C$30.04. The company has a debt-to-equity ratio of 303.14, a current ratio of 8.22 and a quick ratio of 5.70.

Insider Transactions at Element Fleet Management

In other Element Fleet Management news, Senior Officer Laura Lee Dottori-Attanasio bought 18,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 5th. The stock was bought at an average cost of C$27.67 per share, for a total transaction of C$498,074.40. Insiders own 0.26% of the company’s stock.

Element Fleet Management Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 15th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.48 annualized dividend and a dividend yield of 1.77%. Element Fleet Management’s payout ratio is currently 37.50%.

About Element Fleet Management

Element Fleet Management Corp. operates as a fleet management company primarily in Canada, Mexico, Australia, and New Zealand. The company offers end-to-end fleet cars, trucks, and material handling support equipment acquisition; and end-to-end electric vehicle fleet including fleet planning, charging infrastructure solutions, acquisition, financing, maintenance, and remarketing.