What is Cormark’s Forecast for goeasy FY2024 Earnings?

goeasy Ltd. (TSE:GSY) – Stock analysts at Cormark lifted their FY2024 EPS estimates for shares of goeasy in a report issued on Monday, November 11th. Cormark analyst J. Fenwick now expects that the company will post earnings of $16.57 per share for the year, up from their prior estimate of $16.52. The consensus estimate for goeasy’s current full-year earnings is $20.32 per share. Cormark also issued estimates for goeasy’s Q3 2025 earnings at $5.46 EPS and Q4 2025 earnings at $5.80 EPS.

Several other analysts have also issued reports on the stock. 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 research report on Wednesday, October 30th. Scotiabank raised their price target on goeasy from C$215.00 to C$222.00 in a research report on Friday, August 9th. Desjardins lowered their price objective on goeasy from C$215.00 to C$210.00 and set a “buy” rating for the company in a research report on Wednesday, October 23rd. Finally, BMO Capital Markets raised their target price on shares of goeasy from C$202.00 to C$207.00 in a report on Monday. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of C$219.89.

goeasy Price Performance

GSY stock opened at C$173.74 on Wednesday. The firm has a market cap of C$2.92 billion, a P/E ratio of 11.30, a P/E/G ratio of 0.84 and a beta of 1.87. The firm’s fifty day moving average is C$179.60 and its 200 day moving average is C$184.04. goeasy has a 52 week low of C$121.49 and a 52 week high of C$206.02. The company has a debt-to-equity ratio of 289.31, a quick ratio of 28.46 and a current ratio of 15.97.

goeasy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, December 27th will be issued a $1.17 dividend. This represents a $4.68 annualized dividend and a yield of 2.69%. The ex-dividend date is Friday, December 27th. goeasy’s dividend payout ratio (DPR) is currently 30.45%.

Insider Buying and Selling at goeasy

In other news, Senior Officer Jason Mullins sold 4,500 shares of the firm’s stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of C$188.00, for a total value of C$846,000.00. Also, Senior Officer Michael Anthony Eubanks sold 1,800 shares of the company’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of C$175.58, for a total value of C$316,051.56. Insiders own 22.05% of the company’s stock.

goeasy Company Profile

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.