Desjardins Issues Optimistic Estimate for goeasy Earnings

goeasy Ltd. (TSE:GSY) – Analysts at Desjardins lifted their FY2026 earnings estimates for shares of goeasy in a research report issued to clients and investors on Monday, January 27th. Desjardins analyst G. Ho now anticipates that the company will post earnings of $22.89 per share for the year, up from their previous estimate of $22.85. Desjardins has a “Buy” rating and a $210.00 price target on the stock. The consensus estimate for goeasy’s current full-year earnings is $20.32 per share.

goeasy (TSE:GSY) last released its quarterly earnings results on Thursday, November 7th. The company reported C$4.32 EPS for the quarter, topping analysts’ consensus estimates of C$4.16 by C$0.16. goeasy had a return on equity of 25.28% and a net margin of 33.40%. During the same quarter in the previous year, the business earned $3.81 EPS.

Several other equities research analysts also recently weighed in on the stock. BMO Capital Markets upped their target price on shares of goeasy from C$202.00 to C$207.00 in a research note on Monday, November 11th. National Bankshares upped their price objective on goeasy from C$235.00 to C$240.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, goeasy currently has an average rating of “Moderate Buy” and an average price target of C$219.89.

goeasy Stock Down 2.5 %

Shares of TSE:GSY opened at C$182.98 on Wednesday. The firm’s 50-day moving average is C$171.05 and its two-hundred day moving average is C$179.23. The company has a debt-to-equity ratio of 289.31, a current ratio of 15.97 and a quick ratio of 28.46. goeasy has a 1 year low of C$150.06 and a 1 year high of C$206.02. The firm has a market capitalization of C$3.07 billion, a PE ratio of 11.91, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87.

Insider Activity

In other goeasy news, Senior Officer Michael Anthony Eubanks sold 1,800 shares of the business’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of C$175.58, for a total transaction of C$316,051.56. Also, Senior Officer Jason Mullins sold 2,500 shares of the stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of C$171.76, for a total transaction of C$429,400.00. Insiders own 22.05% of the company’s stock.

goeasy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, January 10th were paid a $1.17 dividend. This represents a $4.68 annualized dividend and a dividend yield of 2.56%. The ex-dividend date was Friday, December 27th. goeasy’s dividend payout ratio (DPR) is presently 30.45%.

goeasy Company Profile

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.