Q4 Earnings Estimate for goeasy Issued By Cormark (TSE:GSY)

goeasy Ltd. (TSE:GSY) – Equities research analysts at Cormark boosted their Q4 2024 earnings per share (EPS) estimates for goeasy in a report issued on Tuesday, January 28th. Cormark analyst J. Fenwick now forecasts that the company will post earnings of $4.32 per share for the quarter, up from their prior forecast of $4.31. The consensus estimate for goeasy’s current full-year earnings is $20.32 per share. Cormark also issued estimates for goeasy’s Q1 2025 earnings at $4.60 EPS, Q2 2025 earnings at $4.69 EPS, Q3 2025 earnings at $5.43 EPS, Q4 2025 earnings at $5.77 EPS, FY2025 earnings at $20.49 EPS, Q1 2026 earnings at $5.81 EPS, Q2 2026 earnings at $5.71 EPS, Q3 2026 earnings at $5.99 EPS, Q4 2026 earnings at $5.85 EPS and FY2026 earnings at $23.37 EPS.

Several other brokerages have also recently commented on GSY. Desjardins dropped their price target on goeasy from C$215.00 to C$210.00 and set a “buy” rating for the company in a research report on Wednesday, October 23rd. National Bankshares boosted their price target on goeasy from C$235.00 to C$240.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Finally, BMO Capital Markets boosted their price target on goeasy from C$202.00 to C$207.00 in a research report on Monday, November 11th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$219.89.

goeasy Stock Down 2.5 %

Shares of GSY opened at C$182.98 on Thursday. The company has a debt-to-equity ratio of 289.31, a quick ratio of 28.46 and a current ratio of 15.97. goeasy has a one year low of C$150.06 and a one year high of C$206.02. The stock has a market capitalization of C$3.07 billion, a price-to-earnings ratio of 11.91, a PEG ratio of 0.84 and a beta of 1.87. The stock has a 50 day moving average price of C$171.05 and a 200 day moving average price of C$179.23.

goeasy (TSE:GSY) last posted its quarterly earnings data on Thursday, November 7th. The company reported C$4.32 EPS for the quarter, beating analysts’ consensus estimates of C$4.16 by C$0.16. goeasy had a return on equity of 25.28% and a net margin of 33.40%. During the same period in the previous year, the firm earned $3.81 earnings per share.

Insiders Place Their Bets

In other goeasy news, Senior Officer Patrick Ryan Doris Ens purchased 3,050 shares of the firm’s stock in a transaction dated Friday, November 15th. The shares were acquired at an average price of C$172.62 per share, with a total value of C$526,491.00. Also, Senior Officer Jason Mullins sold 2,500 shares of the company’s stock in a transaction on Thursday, December 5th. The shares were sold at an average price of C$171.76, for a total value of C$429,400.00. 22.05% of the stock is currently owned by corporate insiders.

goeasy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, January 10th were paid a dividend of $1.17 per share. This represents a $4.68 dividend on an annualized basis and a yield of 2.56%. The ex-dividend date was Friday, December 27th. goeasy’s dividend payout ratio (DPR) is currently 30.45%.

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.