Atb Cap Markets Expects Lower Earnings for Exchange Income

Exchange Income Co. (TSE:EIF) – Equities research analysts at Atb Cap Markets reduced their Q1 2025 earnings per share (EPS) estimates for shares of Exchange Income in a report issued on Sunday, November 10th. Atb Cap Markets analyst C. Murray now anticipates that the company will post earnings of $0.31 per share for the quarter, down from their previous estimate of $0.45. The consensus estimate for Exchange Income’s current full-year earnings is $4.00 per share. Atb Cap Markets also issued estimates for Exchange Income’s FY2025 earnings at $3.65 EPS and FY2026 earnings at $5.43 EPS.

A number of other research analysts have also issued reports on the stock. Canaccord Genuity Group raised their target price on shares of Exchange Income from C$70.00 to C$72.00 in a research note on Tuesday. Ventum Cap Mkts raised Exchange Income to a “strong-buy” rating in a research report on Tuesday, November 5th. National Bankshares boosted their price objective on Exchange Income from C$61.00 to C$68.00 in a research report on Monday. ATB Capital raised their target price on Exchange Income from C$66.00 to C$67.00 and gave the company an “outperform” rating in a report on Monday, August 12th. Finally, TD Securities dropped their price target on Exchange Income from C$69.00 to C$67.00 and set a “buy” rating on the stock in a research report on Wednesday, October 23rd. Eight analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of C$67.61.

Exchange Income Trading Up 0.8 %

Shares of EIF stock opened at C$55.55 on Wednesday. Exchange Income has a 12 month low of C$43.08 and a 12 month high of C$57.69. The company has a market cap of C$2.64 billion, a PE ratio of 22.95, a price-to-earnings-growth ratio of 1.42 and a beta of 2.04. The company has a quick ratio of 1.13, a current ratio of 1.77 and a debt-to-equity ratio of 171.03. The business’s 50 day moving average is C$52.64 and its two-hundred day moving average is C$48.69.

Exchange Income Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be given a dividend of $0.22 per share. This represents a $2.64 dividend on an annualized basis and a dividend yield of 4.75%. The ex-dividend date of this dividend is Thursday, October 31st. Exchange Income’s dividend payout ratio is presently 109.09%.

About Exchange Income

Exchange Income Corporation, together with its subsidiaries, engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. The company Aerospace & Aviation, and Manufacturing segments. The Aerospace & Aviation segment offers fixed wing and rotary wing, medevac, passenger, charter, freight, and auxiliary services; and operates two flight schools and trains pilots.