Propel Holdings Inc. (TSE:PRL – Free Report) – Equities research analysts at Ventum Cap Mkts reduced their FY2026 EPS estimates for Propel in a research note issued to investors on Friday, November 8th. Ventum Cap Mkts analyst R. Goff now anticipates that the company will post earnings per share of $4.17 for the year, down from their previous estimate of $4.28. Ventum Cap Mkts has a “Strong-Buy” rating on the stock. The consensus estimate for Propel’s current full-year earnings is $5.39 per share. Ventum Cap Mkts also issued estimates for Propel’s FY2027 earnings at $5.09 EPS.
A number of other research analysts also recently weighed in on PRL. Ventum Financial set a C$38.00 target price on Propel and gave the company a “buy” rating in a report on Wednesday, October 9th. Scotiabank cut shares of Propel from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 8th. Eight Capital boosted their target price on shares of Propel from C$38.00 to C$45.00 in a research report on Friday, November 8th. Raymond James increased their price target on shares of Propel from C$34.00 to C$40.00 in a research report on Thursday, November 7th. Finally, Canaccord Genuity Group raised shares of Propel to a “strong-buy” rating in a research report on Friday, October 4th.
Propel Price Performance
TSE PRL opened at $36.36 on Monday. The stock has a market capitalization of $1.25 billion, a price-to-earnings ratio of 25.43 and a beta of 1.75. Propel has a 1-year low of $8.65 and a 1-year high of $40.88. The business’s fifty day moving average price is $31.83 and its 200-day moving average price is $25.37.
Propel Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Wednesday, December 4th will be paid a dividend of $0.15 per share. This is a boost from Propel’s previous quarterly dividend of $0.14. The ex-dividend date is Friday, November 15th. This represents a $0.60 dividend on an annualized basis and a yield of 1.65%. Propel’s dividend payout ratio (DPR) is presently 39.16%.
About Propel
Propel Holdings Inc operates as a financial technology company. The company’s lending platform facilitates to credit products, such as installment loans and lines of credit under the MoneyKey, CreditFresh, and Fora Credit brands to American consumers. It also offers marketing, analytics, and loan servicing services.
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