Q4 Earnings Estimate for goeasy Issued By Cormark (TSE:GSY)

goeasy Ltd. (TSE:GSY) – Research analysts at Cormark reduced their Q4 2024 EPS estimates for goeasy in a research note issued to investors on Monday, November 11th. Cormark analyst J. Fenwick now expects that the company will post earnings of $4.31 per share for the quarter, down from their prior estimate of $4.46. The consensus estimate for goeasy’s current full-year earnings is $20.32 per share. Cormark also issued estimates for goeasy’s Q1 2025 earnings at $4.55 EPS, Q2 2025 earnings at $4.57 EPS, FY2025 earnings at $20.38 EPS, Q1 2026 earnings at $5.54 EPS, Q2 2026 earnings at $5.66 EPS, Q3 2026 earnings at $6.01 EPS and FY2026 earnings at $22.97 EPS.

Several other equities analysts have also recently weighed in on the company. National Bankshares boosted 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. BMO Capital Markets upped their price target on goeasy from C$202.00 to C$207.00 in a report on Monday. Desjardins lowered 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 research note on Wednesday, October 23rd. Finally, Scotiabank boosted their target price on shares of goeasy from C$215.00 to C$222.00 in a research report on Friday, August 9th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, goeasy presently has an average rating of “Moderate Buy” and a consensus target price of C$219.89.

goeasy Stock Down 1.4 %

goeasy stock opened at C$175.83 on Tuesday. The firm has a market cap of C$2.95 billion, a price-to-earnings ratio of 11.44, a P/E/G ratio of 0.84 and a beta of 1.87. The firm has a fifty day moving average price of C$179.81 and a two-hundred day moving average price of C$184.05. goeasy has a fifty-two week low of C$121.33 and a fifty-two week high of C$206.02. 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 Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, December 27th will be given a dividend of $1.17 per share. The ex-dividend date of this dividend is Friday, December 27th. This represents a $4.68 annualized dividend and a yield of 2.66%. goeasy’s dividend payout ratio (DPR) is 30.45%.

Insider Transactions at goeasy

In other news, Senior Officer Michael Anthony Eubanks sold 1,800 shares of the firm’s stock in a transaction 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 stock in a transaction on Tuesday, November 12th. The shares were 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 firm’s stock in a transaction 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.

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.