National Bank Financial Forecasts ECN Capital Q1 Earnings

ECN Capital Corp. (TSE:ECN) – Analysts at National Bank Financial reduced their Q1 2025 EPS estimates for shares of ECN Capital in a research note issued to investors on Sunday, December 15th. National Bank Financial analyst J. Gloyn now expects that the company will post earnings of $0.01 per share for the quarter, down from their prior forecast of $0.03. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for ECN Capital’s current full-year earnings is $0.24 per share. National Bank Financial also issued estimates for ECN Capital’s FY2025 earnings at $0.24 EPS.

Several other research analysts also recently commented on ECN. CIBC lifted their price target on ECN Capital from C$2.25 to C$2.50 in a research report on Friday, November 8th. Cormark raised their price objective on shares of ECN Capital from C$2.25 to C$3.50 and gave the stock a “moderate buy” rating in a research note on Tuesday, November 12th. Four research analysts have rated the stock with a hold rating and one has given a strong buy rating to the stock. According to data from MarketBeat, ECN Capital presently has a consensus rating of “Hold” and a consensus target price of C$2.52.

ECN Capital Trading Down 1.3 %

ECN Capital stock opened at C$3.02 on Tuesday. The business’s 50-day simple moving average is C$2.57 and its 200-day simple moving average is C$2.16. ECN Capital has a 52 week low of C$1.60 and a 52 week high of C$3.25. The firm has a market capitalization of C$848.98 million, a PE ratio of -9.15, a PEG ratio of 0.24 and a beta of 1.35. The company has a debt-to-equity ratio of 383.08, a quick ratio of 3.81 and a current ratio of 10.77.

ECN Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 1.32%. The ex-dividend date is Friday, December 13th. ECN Capital’s payout ratio is presently -12.12%.

Insider Activity

In other news, Director Steven Kenneth Hudson sold 100,000 shares of the firm’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of C$2.92, for a total transaction of C$292,300.00. 18.31% of the stock is currently owned by company insiders.

About ECN Capital

ECN Capital Corp. originates, manages, and advises on credit assets on behalf of its partners in North America. It operates in two segments, Manufactured Housing Finance; and Recreational Vehicle and Marine Finance. The company offers consumer loans, including manufactured housing, recreational vehicle, and marine loans; and commercial loans, such as inventory finance or floorplan loans.