goeasy Ltd. (TSE:GSY) Receives C$219.89 Average PT from Brokerages

Shares of goeasy Ltd. (TSE:GSY) have received an average rating of “Moderate Buy” from the eight research firms that are covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is C$219.89.

A number of research firms have commented on GSY. BMO Capital Markets increased their price objective on shares of goeasy from C$202.00 to C$207.00 in a report on Monday, November 11th. Desjardins cut their price target on goeasy from C$215.00 to C$210.00 and set a “buy” rating for the company in a report on Wednesday, October 23rd. Finally, National Bankshares lifted their price objective on goeasy from C$235.00 to C$240.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th.

Insider Activity

In related news, Senior Officer Michael Anthony Eubanks sold 1,800 shares of the stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of C$175.58, for a total transaction of C$316,051.56. Also, Senior Officer Patrick Ryan Doris Ens purchased 3,050 shares of the firm’s stock in a transaction on Friday, November 15th. The shares were purchased at an average price of C$172.62 per share, for a total transaction of C$526,491.00. Corporate insiders own 22.05% of the company’s stock.

goeasy Price Performance

Shares of TSE GSY opened at C$165.77 on Monday. The firm has a 50-day simple moving average of C$172.19 and a 200-day simple moving average of C$181.95. 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 has a market capitalization of C$2.78 billion, a price-to-earnings ratio of 10.79, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87. 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 announced a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, January 10th will be given a $1.17 dividend. The ex-dividend date of this dividend is Friday, December 27th. This represents a $4.68 dividend on an annualized basis and a yield of 2.82%. goeasy’s dividend payout ratio is currently 30.45%.

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.