FY2025 EPS Estimates for ECN Capital Reduced by Analyst

ECN Capital Corp. (TSE:ECN) – Equities researchers at National Bank Financial lowered their FY2025 earnings per share estimates for shares of ECN Capital in a research report issued on Tuesday, October 29th. National Bank Financial analyst J. Gloyn now forecasts that the company will earn $0.18 per share for the year, down from their prior estimate of $0.19. The consensus estimate for ECN Capital’s current full-year earnings is $0.24 per share.

A number of other analysts have also issued reports on ECN. BMO Capital Markets boosted their target price on ECN Capital from C$2.00 to C$2.35 in a research report on Friday, August 9th. CIBC boosted their price objective on ECN Capital from C$2.00 to C$2.25 in a report on Thursday, August 8th. Finally, National Bankshares raised their target price on ECN Capital from C$2.25 to C$2.50 in a report on Thursday, August 8th. Five equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of C$2.48.

ECN Capital Stock Performance

Shares of ECN stock opened at C$2.21 on Friday. The company has a debt-to-equity ratio of 383.08, a quick ratio of 3.81 and a current ratio of 10.77. The firm has a market cap of C$621.28 million, a P/E ratio of -6.70, a P/E/G ratio of 0.24 and a beta of 1.35. The firm’s 50 day moving average price is C$2.14 and its 200-day moving average price is C$1.95. ECN Capital has a one year low of C$1.60 and a one year high of C$3.10.

ECN Capital (TSE:ECN) last posted its earnings results on Wednesday, August 7th. The company reported C$0.04 EPS for the quarter, meeting analysts’ consensus estimates of C$0.04. ECN Capital had a negative net margin of 55.01% and a negative return on equity of 33.69%. The company had revenue of C$79.37 million for the quarter, compared to analysts’ expectations of C$75.42 million.

ECN Capital Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Tuesday, October 1st were issued a $0.01 dividend. The ex-dividend date was Friday, September 13th. This represents a $0.04 dividend on an annualized basis and a yield of 1.81%. ECN Capital’s dividend payout ratio (DPR) is presently -12.12%.

About ECN Capital

ECN Capital Corp. originates, manages, and advises on credit assets on behalf of its partners in North America. It operates in two segments, Manufactured Housing Finance; and Recreational Vehicle and Marine Finance. The company offers consumer loans, including manufactured housing, recreational vehicle, and marine loans; and commercial loans, such as inventory finance or floorplan loans.