Ventum Cap Mkts Predicts Propel’s FY2027 Earnings (TSE:PRL)

Propel Holdings Inc. (TSE:PRL) – Analysts at Ventum Cap Mkts lifted their FY2027 EPS estimates for Propel in a note issued to investors on Thursday, November 6th. Ventum Cap Mkts analyst R. Goff now anticipates that the company will earn $4.31 per share for the year, up from their prior estimate of $4.12. The consensus estimate for Propel’s current full-year earnings is $5.39 per share.

Other analysts also recently issued research reports about the stock. Raymond James Financial cut their price target on shares of Propel from C$42.00 to C$35.00 in a report on Wednesday, November 5th. Ventum Financial cut their target price on Propel from C$42.00 to C$40.00 in a research note on Thursday. Finally, Scotiabank reduced their target price on Propel from C$40.00 to C$38.00 in a research report on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Propel Price Performance

Shares of PRL stock opened at $21.28 on Monday. The company has a market capitalization of $837.45 million, a PE ratio of 13.64 and a beta of 1.07. The firm’s 50-day moving average is $28.47 and its two-hundred day moving average is $32.00. Propel has a 12 month low of $20.99 and a 12 month high of $43.36.

Propel Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Thursday, December 4th will be given a $0.21 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a $0.84 dividend on an annualized basis and a yield of 3.9%. Propel’s payout ratio is presently 31.67%.

About Propel

Propel Holdings Inc is a financial technology company committed to credit inclusion and helping underserved consumers by providing fair, fast, and transparent access to credit. It operates through its two brands: MoneyKey and CreditFresh. The company, through its MoneyKey brand, is a state-licensed direct lender and offers either Installment Loans or Lines of Credit to new customers in several US states.