Analysts Issue Forecasts for goeasy’s Q4 Earnings (TSE:GSY)

goeasy Ltd. (TSE:GSY) – Stock analysts at Cormark decreased their Q4 2024 earnings estimates for goeasy in a report released on Monday, November 11th. Cormark analyst J. Fenwick now forecasts that the company will earn $4.31 per share for the quarter, down from their prior estimate of $4.46. 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 $4.55 EPS, Q2 2025 earnings at $4.57 EPS, FY2025 earnings at $20.38 EPS, Q1 2026 earnings at $5.54 EPS, Q2 2026 earnings at $5.66 EPS, Q3 2026 earnings at $6.01 EPS and FY2026 earnings at $22.97 EPS.

A number of other equities research analysts have also weighed in on the stock. Scotiabank raised their price target on shares of goeasy from C$215.00 to C$222.00 in a report on Friday, August 9th. BMO Capital Markets raised their target price on goeasy from C$202.00 to C$207.00 in a research report on Monday. Desjardins dropped their target price on shares of goeasy from C$215.00 to C$210.00 and set a “buy” rating on the stock in a report on Wednesday, October 23rd. Finally, National Bankshares increased their price objective on shares of goeasy from C$235.00 to C$240.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of C$219.89.

goeasy Trading Down 0.7 %

Shares of GSY opened at C$177.94 on Tuesday. goeasy has a 1-year low of C$121.33 and a 1-year high of C$206.02. The firm has a 50 day simple moving average of C$180.20 and a 200-day simple moving average of C$184.02. The stock has a market cap of C$2.99 billion, a price-to-earnings ratio of 11.58, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87. The company has a debt-to-equity ratio of 289.31, a current ratio of 15.97 and a quick ratio of 28.46.

goeasy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, December 27th will be paid a dividend of $1.17 per share. This represents a $4.68 annualized dividend and a yield of 2.63%. The ex-dividend date is Friday, December 27th. goeasy’s dividend payout ratio is presently 30.45%.

Insider Activity at goeasy

In related news, Senior Officer Jason Mullins sold 4,500 shares of goeasy stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of C$188.00, for a total value of C$846,000.00. 22.05% of the stock is currently owned by insiders.

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.