TSE:EFN Q2 EPS Estimate Decreased by National Bank Financial

Element Fleet Management Corp. (TSE:EFN) – Equities researchers at National Bank Financial cut their Q2 2025 earnings per share (EPS) estimates for shares of Element Fleet Management in a report released on Wednesday, April 30th. National Bank Financial analyst J. Gloyn now anticipates that the financial services provider will post earnings of $0.40 per share for the quarter, down from their previous forecast of $0.42. 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 Q3 2025 earnings at $0.42 EPS, Q4 2025 earnings at $0.40 EPS, FY2025 earnings at $1.60 EPS and FY2026 earnings at $1.82 EPS.

Other equities research analysts also recently issued reports about the stock. Keefe, Bruyette & Woods upgraded shares of Element Fleet Management to a “hold” rating in a report on Sunday, April 20th. National Bankshares cut their target price on Element Fleet Management from C$41.00 to C$40.00 and set an “outperform” rating on the stock in a research report on Thursday, February 27th. Raymond James lifted their target price on Element Fleet Management from C$34.00 to C$36.00 in a report on Friday, February 28th. CIBC raised their price objective on Element Fleet Management from C$33.00 to C$34.00 and gave the stock an “outperform” rating in a report on Thursday, January 30th. Finally, BMO Capital Markets lifted their price objective on Element Fleet Management from C$33.00 to C$35.00 in a research note on Friday, May 2nd. Two investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$34.38.

Element Fleet Management Stock Up 0.4 %

EFN opened at C$31.01 on Monday. The stock has a market capitalization of C$8.89 billion, a price-to-earnings ratio of 25.74, a price-to-earnings-growth ratio of 2.97 and a beta of 0.91. Element Fleet Management has a 12 month low of C$22.19 and a 12 month high of C$31.41. The company has a debt-to-equity ratio of 303.64, a current ratio of 7.04 and a quick ratio of 5.70. The business has a 50-day moving average of C$29.02 and a two-hundred day moving average of C$28.96.

Insider Transactions at Element Fleet Management

In other news, Senior Officer Carlos David Madrigal Gonzalez sold 10,230 shares of the company’s stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of C$30.77, for a total value of C$314,777.10. Also, Senior Officer Laura Lee Dottori-Attanasio acquired 18,000 shares of the stock in a transaction that occurred on Tuesday, March 4th. The stock was purchased at an average cost of C$27.78 per share, with a total value of C$499,991.40. Corporate insiders own 0.26% of the company’s stock.

Element Fleet Management Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were given a $0.13 dividend. This is a boost from Element Fleet Management’s previous quarterly dividend of $0.12. This represents a $0.52 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date was Monday, March 31st. Element Fleet Management’s dividend payout ratio is presently 39.84%.

About Element Fleet Management

Element Financial separated into two independent public companies in October 2016. The former company now consists of Element Fleet Management, a global fleet management company, and ECN Capital, a commercial finance company. Element Fleet Management provides management services and financing for commercial vehicle and equipment fleets.