Cormark Comments on goeasy’s FY2024 Earnings (TSE:GSY)

goeasy Ltd. (TSE:GSY) – Stock analysts at Cormark lifted their FY2024 EPS estimates for shares of goeasy in a research note issued to investors on Monday, November 11th. Cormark analyst J. Fenwick now forecasts that the company will post earnings of $16.57 per share for the year, up from their previous forecast of $16.52. The consensus estimate for goeasy’s current full-year earnings is $20.32 per share. Cormark also issued estimates for goeasy’s Q3 2025 earnings at $5.46 EPS and Q4 2025 earnings at $5.80 EPS.

Several other analysts have also issued reports on GSY. Desjardins reduced their price objective on shares of goeasy from C$215.00 to C$210.00 and set a “buy” rating on the stock in a report on Wednesday, October 23rd. National Bankshares boosted their price target on shares of goeasy from C$235.00 to C$240.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th. BMO Capital Markets boosted their price target on shares of goeasy from C$202.00 to C$207.00 in a research note on Monday. Finally, Scotiabank boosted their price target on shares of goeasy from C$215.00 to C$222.00 in a research note on Friday, August 9th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$219.89.

goeasy Stock Down 1.4 %

TSE GSY opened at C$175.83 on Wednesday. goeasy has a 52 week low of C$121.33 and a 52 week high of C$206.02. The company has a quick ratio of 28.46, a current ratio of 15.97 and a debt-to-equity ratio of 289.31. The business’s fifty day simple moving average is C$179.81 and its 200-day simple moving average is C$184.05. The firm has a market cap of C$2.95 billion, a PE ratio of 11.44, a P/E/G ratio of 0.84 and a beta of 1.87.

goeasy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, December 27th will be paid a $1.17 dividend. This represents a $4.68 dividend on an annualized basis and a yield of 2.66%. The ex-dividend date of this dividend is Friday, December 27th. goeasy’s dividend payout ratio is currently 30.45%.

Insider Buying and Selling at goeasy

In other goeasy news, Senior Officer Michael Anthony Eubanks sold 1,800 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of C$175.58, for a total value of C$316,051.56. In other goeasy news, Senior Officer Michael Anthony Eubanks sold 1,800 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of C$175.58, for a total value of C$316,051.56. Also, Senior Officer Jason Mullins sold 4,500 shares of the company’s stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of C$188.00, for a total value of C$846,000.00. 22.05% of the stock is owned by company insiders.

About goeasy

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.