TSE:EFN Q2 EPS Estimate Increased by National Bank Financial

Element Fleet Management Corp. (TSE:EFN) – Investment analysts at National Bank Financial boosted their Q2 2025 earnings estimates for shares of Element Fleet Management in a report issued on Tuesday, October 29th. National Bank Financial analyst J. Gloyn now forecasts that the financial services provider will earn $0.43 per share for the quarter, up from their prior estimate of $0.42. The consensus estimate for Element Fleet Management’s current full-year earnings is $1.69 per share.

Element Fleet Management (TSE:EFN) last released its earnings results on Tuesday, August 13th. The financial services provider reported C$0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.37 by C$0.03. The company had revenue of C$375.68 million for the quarter, compared to the consensus estimate of C$368.46 million. Element Fleet Management had a net margin of 23.41% and a return on equity of 12.58%.

A number of other analysts also recently weighed in on EFN. National Bankshares increased their price target on shares of Element Fleet Management from C$34.00 to C$37.00 in a research report on Friday, September 27th. BMO Capital Markets increased their price target on shares of Element Fleet Management from C$28.00 to C$32.00 in a research report on Thursday, August 15th. Raymond James increased their price target on shares of Element Fleet Management from C$29.00 to C$30.00 and gave the company a “strong-buy” rating in a research report on Wednesday, August 14th. TD Securities increased their price target on shares of Element Fleet Management from C$30.00 to C$32.00 in a research report on Friday, September 20th. Finally, Royal Bank of Canada upped their price target on Element Fleet Management from C$33.00 to C$35.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 14th. One investment analyst has rated the stock with a sell rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Element Fleet Management currently has an average rating of “Moderate Buy” and an average target price of C$32.25.

Element Fleet Management Stock Performance

Shares of TSE:EFN opened at C$28.49 on Thursday. The company has a market capitalization of C$11.50 billion, a price-to-earnings ratio of 22.26, a P/E/G ratio of 2.97 and a beta of 0.91. The firm’s 50 day simple moving average is C$28.47 and its 200 day simple moving average is C$25.77. The company has a debt-to-equity ratio of 303.14, a current ratio of 8.22 and a quick ratio of 5.70. Element Fleet Management has a fifty-two week low of C$18.59 and a fifty-two week high of C$30.04.

Insider Transactions at Element Fleet Management

In other news, Senior Officer Laura Lee Dottori-Attanasio bought 18,000 shares of the company’s stock in a transaction dated Thursday, September 5th. The stock was bought at an average price of C$27.67 per share, with a total value of C$498,074.40. Insiders own 0.26% of the company’s stock.

Element Fleet Management Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 15th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.68%. The ex-dividend date was Friday, September 27th. Element Fleet Management’s dividend payout ratio is 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.