goeasy (TSE:GSY) Price Target Lowered to C$195.00 at Raymond James

goeasy (TSE:GSY – Get Rating) had its price objective trimmed by Raymond James from C$205.00 to C$195.00 in a research report report published on Tuesday, BayStreet.CA reports. The brokerage currently has a strong-buy rating on the stock. Raymond James also issued estimates for goeasy’s Q4 2023 earnings at $3.80 EPS.

A number of other equities analysts have also recently commented on GSY. Cormark cut their price target on shares of goeasy from C$190.00 to C$180.00 in a research note on Tuesday, November 22nd. CIBC boosted their price target on shares of goeasy from C$160.00 to C$180.00 and gave the stock an outperform rating in a research note on Friday, November 11th. TD Securities set a C$200.00 price objective on shares of goeasy and gave the company a buy rating in a research note on Monday, November 21st. Scotiabank upped their price objective on shares of goeasy from C$164.00 to C$165.00 in a research note on Tuesday, November 22nd. Finally, National Bankshares set a C$175.00 price objective on shares of goeasy and gave the company an outperform rating in a research note on Monday, November 21st.

goeasy Stock Performance

goeasy stock opened at C$119.88 on Tuesday. The firm’s 50 day simple moving average is C$113.43 and its 200 day simple moving average is C$114.98. The company has a current ratio of 28.55, a quick ratio of 28.46 and a debt-to-equity ratio of 277.31. The firm has a market capitalization of C$1.97 billion and a PE ratio of 12.51. goeasy has a 1-year low of C$95.00 and a 1-year high of C$170.60.

goeasy (TSE:GSY – Get Rating) last released its quarterly earnings results on Thursday, November 10th. The company reported C$2.95 EPS for the quarter, topping analysts’ consensus estimates of C$2.78 by C$0.17. The company had revenue of C$262.22 million during the quarter, compared to analysts’ expectations of C$261.87 million. As a group, analysts expect that goeasy will post 14.4000001 earnings per share for the current fiscal year.

goeasy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 13th. Investors of record on Friday, December 30th were issued a dividend of $0.91 per share. The ex-dividend date was Thursday, December 29th. This represents a $3.64 dividend on an annualized basis and a yield of 3.04%. goeasy’s dividend payout ratio is currently 35.39%.

About goeasy

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goeasy Ltd. provides non-prime leasing and lending services to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment provides unsecured and real estate secured installment loans; personal, home equity, and auto loans; point-of-sale and small business financing; and value-added services.