goeasy ltd. (EAST: GSY – Get a rating) – Desjardins equity research analysts lowered their third-quarter 2022 EPS estimates for goeasy in a report released Thursday, August 11. Desjardins analyst G. Ho now expects the company to post earnings of $2.95 per share for the quarter, down from its previous forecast of $3.20. The consensus estimate of goeasy’s current annual earnings is $14.33 per share.
Several other stock analysts have also recently commented on the stock. National Bankshares raised its price target on goeasy shares from C$155.00 to C$170.00 and gave the company an “outperform” rating in a research note on Thursday. Scotiabank raised its price target on goeasy shares from C$140.00 to C$160.00 in a research note on Friday. Raymond James lowered his price target on goeasy shares from C$213.00 to C$202.00 and set a “strong buy” rating for the company in a Friday, July 8 research note. CIBC lowered its price target on goeasy shares from C$200.00 to C$180.00 and set an “outperform” rating for the company in a Thursday, May 12 research note. Finally, BMO Capital Markets raised its price target on goeasy shares from C$225.00 to C$234.00 in a research note on Friday. One equity research analyst gave the stock a hold rating, five gave the company a buy rating and one gave the company a strong buy rating. According to MarketBeat.com, goeasy has a consensus rating of “Buy” and an average price target of CA$196.00.
goeasy stock market performance
easy stock opened at CA$143.70 on Monday. The company has a market capitalization of C$2.28 billion and a PE ratio of 15.91. The company has a fifty-day simple moving average of C$107.95 and a two-hundred-day simple moving average of C$122.52. The company has a quick ratio of 15.94, a current ratio of 16.00 and a leverage ratio of 240.20. goeasy has a 12-month low of C$95.00 and a 12-month high of C$218.35.
goeasy announces dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, October 14. Shareholders of record on Friday, September 30 will receive a dividend of $0.91. This represents a dividend of $3.64 on an annualized basis and a yield of 2.53%. The ex-date of this dividend is Thursday, September 29. goeasy’s dividend payout ratio (DPR) is currently 32.00%.
goeasy ltd. provides consumer leasing and loan services in Canada. The Company operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment provides unsecured and real estate secured installment loans; personal, real estate and car loans; point-of-sale and small business financing; and value-added services.
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