goeasy Ltd. (TSE:GSY) Receives C$223.78 Consensus PT from Analysts

goeasy Ltd. (TSE:GSY) has earned a consensus recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is C$223.00.

Several analysts recently weighed in on the stock. BMO Capital Markets upgraded shares of goeasy from a “market perform” rating to an “outperform” rating and decreased their price target for the stock from C$207.00 to C$200.00 in a research note on Friday. Jefferies Financial Group reduced their price objective on shares of goeasy from C$228.00 to C$215.00 and set a “buy” rating on the stock in a report on Tuesday, February 11th. Finally, Raymond James boosted their target price on shares of goeasy from C$230.00 to C$245.00 in a research note on Tuesday, February 18th.

goeasy Price Performance

GSY stock opened at C$148.86 on Friday. The business’s 50-day moving average is C$170.25 and its two-hundred day moving average is C$173.90. The company has a debt-to-equity ratio of 287.63, a current ratio of 82.04 and a quick ratio of 28.46. The firm has a market capitalization of C$2.50 billion, a P/E ratio of 9.05, a P/E/G ratio of 0.84 and a beta of 1.87. goeasy has a 1 year low of C$140.73 and a 1 year high of C$206.02.

goeasy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Friday, April 11th will be given a $1.46 dividend. This represents a $5.84 dividend on an annualized basis and a yield of 3.92%. This is a positive change from goeasy’s previous quarterly dividend of $1.17. The ex-dividend date is Friday, March 28th. goeasy’s dividend payout ratio (DPR) is 28.45%.

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.