goeasy Ltd. (TSE:GSY) Plans Quarterly Dividend of $1.46

goeasy Ltd. (TSE:GSY) announced a quarterly dividend on Friday, March 28th, TickerTech Dividends reports. Shareholders of record on Friday, April 11th will be paid a dividend of 1.46 per share on Friday, April 11th. This represents a $5.84 dividend on an annualized basis and a yield of 3.82%. The ex-dividend date is Friday, March 28th. This is a 24.8% increase from goeasy’s previous quarterly dividend of $1.17.

goeasy Price Performance

Shares of TSE:GSY traded down C$0.69 during mid-day trading on Wednesday, reaching C$152.86. The stock had a trading volume of 7,058 shares, compared to its average volume of 74,675. The business’s 50 day moving average price is C$166.93 and its 200 day moving average price is C$171.83. goeasy has a 1 year low of C$140.73 and a 1 year high of C$206.02. The company has a market cap of C$2.56 billion, a P/E ratio of 9.29, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87. The company has a current ratio of 82.04, a quick ratio of 28.46 and a debt-to-equity ratio of 287.63.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on GSY shares. Jefferies Financial Group dropped their price target on shares of goeasy from C$228.00 to C$215.00 and set a “buy” rating for the company in a research note on Tuesday, February 11th. BMO Capital Markets upgraded goeasy from a “market perform” rating to an “outperform” rating and reduced their price target for the stock from C$207.00 to C$200.00 in a report on Friday, March 14th. Finally, Raymond James boosted their price objective on goeasy from C$230.00 to C$245.00 in a report on Tuesday, February 18th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$223.00.

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.