Equities Analysts Set Expectations for goeasy Q1 Earnings

goeasy Ltd. (TSE:GSY) – Investment analysts at Cormark dropped their Q1 2025 earnings per share (EPS) estimates for shares of goeasy in a report released on Thursday, April 24th. Cormark analyst J. Fenwick now anticipates that the company will post earnings per share of $3.98 for the quarter, down from their previous estimate of $4.58. The consensus estimate for goeasy’s current full-year earnings is $20.32 per share. Cormark also issued estimates for goeasy’s FY2025 earnings at $19.79 EPS and FY2026 earnings at $23.58 EPS.

A number of other equities research analysts have also recently commented on the company. Scotiabank dropped their target price on goeasy from C$240.00 to C$215.00 and set a “sector perform” rating on the stock in a research report on Thursday, April 24th. TD Securities set a C$199.00 target price on goeasy and gave the company a “buy” rating in a research report on Wednesday, April 9th. Raymond James raised their target price on goeasy from C$230.00 to C$245.00 in a research report on Tuesday, February 18th. BMO Capital Markets upgraded goeasy from a “market perform” rating to an “outperform” rating and dropped their target price for the company from C$207.00 to C$200.00 in a research report on Friday, March 14th. Finally, Jefferies Financial Group dropped their target price on goeasy from C$222.00 to C$182.00 in a research report on Monday, April 21st. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, goeasy has a consensus rating of “Moderate Buy” and an average price target of C$216.00.

goeasy Price Performance

TSE:GSY opened at C$155.41 on Monday. goeasy has a 52 week low of C$134.01 and a 52 week high of C$206.02. The company has a quick ratio of 28.46, a current ratio of 82.04 and a debt-to-equity ratio of 287.63. The stock has a market capitalization of C$2.61 billion, a PE ratio of 9.45, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87. The stock’s 50-day moving average price is C$153.84 and its 200-day moving average price is C$166.35.

goeasy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Friday, April 11th were given a dividend of $1.46 per share. This represents a $5.84 annualized dividend and a dividend yield of 3.76%. This is a boost from goeasy’s previous quarterly dividend of $1.17. The ex-dividend date was Friday, March 28th. goeasy’s payout ratio is presently 28.45%.

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.