Cormark Research Analysts Lift Earnings Estimates for goeasy

goeasy Ltd. (TSE:GSY) – Cormark lifted their FY2024 EPS estimates for goeasy in a note issued to investors on Monday, November 11th. Cormark analyst J. Fenwick now anticipates that the company will post earnings per share of $16.57 for the year, up from their prior forecast of $16.52. The consensus estimate for goeasy’s current full-year earnings is $20.32 per share. Cormark also issued estimates for goeasy’s Q3 2025 earnings at $5.46 EPS and Q4 2025 earnings at $5.80 EPS.

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

goeasy Stock Performance

goeasy stock opened at C$178.25 on Wednesday. goeasy has a 12-month low of C$121.33 and a 12-month high of C$206.02. The company has a debt-to-equity ratio of 289.31, a current ratio of 15.97 and a quick ratio of 28.46. The company has a market capitalization of C$2.99 billion, a price-to-earnings ratio of 11.60, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87. The firm’s fifty day moving average price is C$179.97 and its 200 day moving average price is C$184.04.

Insider Buying and Selling

In other goeasy news, Senior Officer Jason Mullins sold 4,500 shares of the stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of C$188.00, for a total transaction of C$846,000.00. 22.05% of the stock is currently owned by company insiders.

goeasy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, December 27th will be given a dividend of $1.17 per share. This represents a $4.68 annualized dividend and a dividend yield of 2.63%. The ex-dividend date of this dividend is Friday, December 27th. goeasy’s dividend payout ratio is currently 30.45%.

About goeasy

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.