Ventum Cap Mkts Estimates Propel’s FY2025 Earnings (TSE:PRL)

Propel Holdings Inc. (TSE:PRL) – Analysts at Ventum Cap Mkts cut their FY2025 EPS estimates for shares of Propel in a research report issued on Monday, March 3rd. Ventum Cap Mkts analyst R. Goff now expects that the company will post earnings of $3.31 per share for the year, down from their prior forecast of $3.33. The consensus estimate for Propel’s current full-year earnings is $5.39 per share. Ventum Cap Mkts also issued estimates for Propel’s FY2026 earnings at $4.22 EPS and FY2027 earnings at $5.13 EPS.

Several other equities research analysts also recently weighed in on the stock. Stephens upgraded shares of Propel to a “strong-buy” rating in a research note on Wednesday, November 13th. Scotiabank cut Propel from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 8th. Raymond James boosted their target price on Propel from C$40.00 to C$47.00 in a report on Monday, November 18th. Finally, Eight Capital increased their price target on Propel from C$38.00 to C$45.00 in a report on Friday, November 8th. One equities research analyst has rated the stock with a hold rating, one has assigned a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, Propel currently has an average rating of “Buy” and an average target price of $41.00.

Propel Stock Performance

Shares of Propel stock opened at $26.45 on Thursday. The company has a market capitalization of $736.39 million, a P/E ratio of 16.36 and a beta of 1.75. Propel has a 1 year low of $14.97 and a 1 year high of $43.36. The company’s fifty day moving average is $35.55 and its two-hundred day moving average is $33.78.

Insider Activity

In other Propel news, Senior Officer Noah Buchman sold 18,800 shares of the company’s stock in a transaction dated Tuesday, December 24th. The shares were sold at an average price of $37.40, for a total transaction of $703,120.00. Also, Director Clive Kinross sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $36.79, for a total value of $1,103,817.00. Insiders sold 54,400 shares of company stock valued at $2,009,283 in the last three months. 33.31% of the stock is currently owned by company insiders.

Propel Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Stockholders of record on Wednesday, March 5th were paid a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a dividend yield of 9.98%. This is an increase from Propel’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Wednesday, February 19th. Propel’s dividend payout ratio is 34.64%.

Propel Company Profile

Propel Holdings Inc operates as a financial technology company. The company’s lending platform facilitates to credit products, such as installment loans and lines of credit under the MoneyKey, CreditFresh, and Fora Credit brands to American consumers. It also offers marketing, analytics, and loan servicing services.