Q4 Earnings Forecast for goeasy Issued By Cormark (TSE:GSY)

goeasy Ltd. (TSE:GSY) – Research analysts at Cormark decreased their Q4 2024 EPS estimates for goeasy in a research note issued on Monday, November 11th. Cormark analyst J. Fenwick now anticipates that the company will post earnings per share of $4.31 for the quarter, down from their previous estimate of $4.46. The consensus estimate for goeasy’s current full-year earnings is $20.32 per share. Cormark also issued estimates for goeasy’s Q1 2025 earnings at $4.55 EPS, Q2 2025 earnings at $4.57 EPS, FY2025 earnings at $20.38 EPS, Q1 2026 earnings at $5.54 EPS, Q2 2026 earnings at $5.66 EPS, Q3 2026 earnings at $6.01 EPS and FY2026 earnings at $22.97 EPS.

Other equities research analysts have also recently issued reports about the stock. Desjardins cut their price objective on shares of goeasy from C$215.00 to C$210.00 and set a “buy” rating on the stock in a research note on Wednesday, October 23rd. National Bankshares upped their price target on shares of goeasy from C$235.00 to C$240.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th. Scotiabank raised their price objective on shares of goeasy from C$215.00 to C$222.00 in a research note on Friday, August 9th. Finally, BMO Capital Markets boosted their target price on 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 MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of C$219.89.

goeasy Stock Up 0.2 %

GSY opened at C$178.25 on Tuesday. The company has a debt-to-equity ratio of 289.31, a current ratio of 15.97 and a quick ratio of 28.46. goeasy has a 12 month low of C$121.33 and a 12 month high of C$206.02. The stock’s 50 day moving average price is C$179.97 and its 200 day moving average price is C$184.04. The stock has a market cap of C$2.99 billion, a P/E ratio of 11.60, a P/E/G ratio of 0.84 and a beta of 1.87.

Insiders Place Their Bets

In other goeasy news, Senior Officer Jason Mullins sold 4,500 shares of goeasy stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of C$188.00, for a total value of C$846,000.00. 22.05% of the stock is currently owned by company insiders.

goeasy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, December 27th will be given a $1.17 dividend. The ex-dividend date of this dividend is Friday, December 27th. This represents a $4.68 annualized dividend and a yield of 2.63%. goeasy’s dividend payout ratio (DPR) is 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.