Cormark Brokers Cut Earnings Estimates for Exchange Income

Exchange Income Co. (TSE:EIF) – Stock analysts at Cormark cut their FY2026 EPS estimates for Exchange Income in a research note issued to investors on Friday, February 28th. Cormark analyst J. Fenwick now forecasts that the company will earn $4.51 per share for the year, down from their previous forecast of $4.86. The consensus estimate for Exchange Income’s current full-year earnings is $4.00 per share.

Other analysts have also issued reports about the company. Canaccord Genuity Group boosted their price objective on Exchange Income from C$70.00 to C$72.00 in a report on Tuesday, November 12th. Ventum Financial set a C$74.00 price target on Exchange Income and gave the company a “buy” rating in a report on Tuesday, November 5th. Ventum Cap Mkts upgraded Exchange Income to a “strong-buy” rating in a research note on Tuesday, November 5th. Scotiabank lowered their target price on shares of Exchange Income from C$65.00 to C$64.00 in a research note on Friday. Finally, CIBC raised their price target on shares of Exchange Income from C$66.00 to C$69.00 in a research report on Wednesday, December 4th. Six investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Exchange Income currently has an average rating of “Buy” and a consensus target price of C$69.00.

Exchange Income Stock Performance

Shares of Exchange Income stock opened at C$50.55 on Monday. The company has a debt-to-equity ratio of 173.72, a quick ratio of 1.13 and a current ratio of 1.76. Exchange Income has a 1 year low of C$43.08 and a 1 year high of C$59.32. The firm’s 50-day simple moving average is C$55.04 and its 200-day simple moving average is C$53.66. The firm has a market cap of C$2.52 billion, a PE ratio of 19.80, a price-to-earnings-growth ratio of 1.42 and a beta of 2.04.

Insiders Place Their Bets

In other news, Director Michael Pyle purchased 4,000 shares of the company’s stock in a transaction on Friday, February 28th. The shares were bought at an average price of C$50.26 per share, for a total transaction of C$201,052.00. Insiders have purchased 4,355 shares of company stock valued at $219,415 over the last three months. Company insiders own 6.44% of the company’s stock.

Exchange Income Company Profile

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.