Desjardins Has Strong Forecast for goeasy FY2026 Earnings

goeasy Ltd. (TSE:GSY) – Equities researchers at Desjardins boosted their FY2026 EPS estimates for shares of goeasy in a note issued to investors on Monday, January 27th. Desjardins analyst G. Ho now expects that the company will post earnings of $22.89 per share for the year, up from their previous forecast of $22.85. Desjardins has a “Buy” rating and a $210.00 price target on the stock. The consensus estimate for goeasy’s current full-year earnings is $20.32 per share.

goeasy (TSE:GSY) last announced its earnings results on Thursday, November 7th. The company reported C$4.32 earnings per share (EPS) for the quarter, topping 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 quarter last year, the business earned $3.81 EPS.

Several other analysts have also recently issued reports on GSY. National Bankshares upped their price target on shares of goeasy from C$235.00 to C$240.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. BMO Capital Markets boosted their target price on shares of goeasy from C$202.00 to C$207.00 in a research report on Monday, November 11th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, goeasy currently has a consensus rating of “Moderate Buy” and a consensus price target of C$219.89.

goeasy Price Performance

GSY stock opened at C$187.74 on Wednesday. The company has a market capitalization of C$3.15 billion, a PE ratio of 12.21, a P/E/G ratio of 0.84 and a beta of 1.87. The company has a quick ratio of 28.46, a current ratio of 15.97 and a debt-to-equity ratio of 289.31. The stock’s 50 day moving average is C$170.83 and its two-hundred day moving average is C$179.19. goeasy has a 52-week low of C$150.06 and a 52-week high of C$206.02.

goeasy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, January 10th were paid a dividend of $1.17 per share. The ex-dividend date was Friday, December 27th. This represents a $4.68 annualized dividend and a yield of 2.49%. goeasy’s dividend payout ratio (DPR) is 30.45%.

Insiders Place Their Bets

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