Ventum Cap Mkts Has Negative View of Propel FY2026 Earnings

Propel Holdings Inc. (TSE:PRL) – Research analysts at Ventum Cap Mkts decreased their FY2026 EPS estimates for Propel in a research report issued on Friday, November 8th. Ventum Cap Mkts analyst R. Goff now expects that the company will earn $4.17 per share 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.

Several other equities research analysts have also weighed in on PRL. Ventum Financial set a C$38.00 target price on shares of Propel and gave the stock a “buy” rating in a report on Wednesday, October 9th. Raymond James boosted their target price on shares of Propel from C$34.00 to C$40.00 in a research report on Thursday, November 7th. Canaccord Genuity Group raised shares of Propel to a “strong-buy” rating in a report on Friday, October 4th. Eight Capital boosted their target price on shares of Propel from C$38.00 to C$45.00 in a research report on Friday. Finally, Scotiabank upgraded shares of Propel from a “sector perform” rating to an “outperform” rating and upped their target price for the stock from C$28.00 to C$34.00 in a research note on Friday, October 4th.

Propel Price Performance

Shares of TSE PRL opened at $38.18 on Monday. The company’s 50 day simple moving average is $31.70 and its 200 day simple moving average is $25.22. Propel has a fifty-two week low of $8.65 and a fifty-two week high of $40.88. The firm has a market capitalization of $1.31 billion, a P/E ratio of 26.70 and a beta of 1.75.

Propel Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Wednesday, December 4th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.57%. This is a positive change from Propel’s previous quarterly dividend of $0.14. The ex-dividend date is Friday, November 15th. Propel’s dividend payout ratio is currently 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.