Cormark Decreases Earnings Estimates for Exchange Income

Exchange Income Co. (TSE:EIF) – Cormark dropped their FY2026 earnings estimates for shares of Exchange Income in a report released on Monday, November 11th. Cormark analyst J. Fenwick now expects that the company will post earnings per share of $4.86 for the year, down from their prior estimate of $5.00. The consensus estimate for Exchange Income’s current full-year earnings is $4.00 per share.

A number of other research firms have also weighed in on EIF. National Bankshares boosted their target price on shares of Exchange Income from C$61.00 to C$68.00 in a research report on Monday. Ventum Financial set a C$74.00 target price on shares of Exchange Income and gave the stock a “buy” rating in a research report on Tuesday, November 5th. CIBC increased their price objective on shares of Exchange Income from C$61.50 to C$62.50 and gave the company an “outperform” rating in a report on Monday, August 12th. Ventum Cap Mkts raised shares of Exchange Income to a “strong-buy” rating in a research report on Tuesday, November 5th. Finally, ATB Capital raised their target price on shares of Exchange Income from C$66.00 to C$67.00 and gave the company an “outperform” rating in a research report on Monday, August 12th. Seven analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of C$67.61.

Exchange Income Stock Up 1.0 %

EIF stock opened at C$56.08 on Tuesday. The company has a quick ratio of 1.13, a current ratio of 1.77 and a debt-to-equity ratio of 171.03. Exchange Income has a 12-month low of C$43.08 and a 12-month high of C$57.69. The company has a 50 day moving average of C$52.77 and a two-hundred day moving average of C$48.76. The company has a market cap of C$2.66 billion, a price-to-earnings ratio of 23.17, a PEG ratio of 1.42 and a beta of 2.04.

Exchange Income Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be issued a dividend of $0.22 per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $2.64 annualized dividend and a dividend yield of 4.71%. Exchange Income’s payout ratio is presently 109.09%.

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.