Investment Analysts’ Weekly Ratings Changes for Exchange Income (EIF)

Exchange Income (TSE: EIF) recently received a number of ratings updates from brokerages and research firms:

• 11/14/2024 – Exchange Income had its price target raised by analysts at Royal Bank of Canada from C$65.00 to C$71.00.
• 11/12/2024 – Exchange Income had its price target raised by analysts at Canaccord Genuity Group Inc. from C$70.00 to C$72.00.
• 11/11/2024 – Exchange Income had its price target raised by analysts at National Bankshares, Inc. from C$61.00 to C$68.00.
• 11/5/2024 – Exchange Income was upgraded by analysts at Ventum Cap Mkts to a “strong-buy” rating.
• 11/5/2024 – Exchange Income was given a new C$74.00 price target on by analysts at Ventum Financial. They now have a “buy” rating on the stock.
• 10/23/2024 – Exchange Income had its price target lowered by analysts at TD Securities from C$69.00 to C$67.00. They now have a “buy” rating on the stock.
• 10/23/2024 – Exchange Income had its price target raised by analysts at Canaccord Genuity Group Inc. from C$68.00 to C$70.00. They now have a “buy” rating on the stock.

Exchange Income Stock Performance

TSE EIF opened at C$55.42 on Wednesday. The company has a market cap of C$2.63 billion, a PE ratio of 22.90, a price-to-earnings-growth ratio of 1.42 and a beta of 2.04. The stock’s 50 day simple moving average is C$53.18 and its 200-day simple moving average is C$48.96. Exchange Income Co. has a 1-year low of C$43.08 and a 1-year high of C$57.69. The company has a debt-to-equity ratio of 171.03, a current ratio of 1.77 and a quick ratio of 1.13.

Exchange Income Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, November 15th. Investors of record on Thursday, October 31st were given a dividend of $0.22 per share. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $2.64 dividend on an annualized basis and a yield of 4.76%. Exchange Income’s payout ratio is 109.09%.

Exchange Income Corporation, together with its subsidiaries, engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. The company Aerospace & Aviation, and Manufacturing segments. The Aerospace & Aviation segment offers fixed wing and rotary wing, medevac, passenger, charter, freight, and auxiliary services; and operates two flight schools and trains pilots.