Should I buy or sell Exchange Income stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Exchange Income in the last year. There are currently 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" EIF shares. View EIF analyst ratings or view top-rated stocks .

What is Exchange Income's stock price target for 2024?

8 analysts have issued twelve-month target prices for Exchange Income's shares. Their EIF share price targets range from C$60.00 to C$73.00. On average, they predict the company's stock price to reach C$64.15 in the next twelve months. This suggests a possible upside of 39.6% from the stock's current price. View analysts price targets for EIF or view top-rated stocks among Wall Street analysts .

How have EIF shares performed in 2024?

Exchange Income's stock was trading at C$45.10 at the beginning of 2024. Since then, EIF shares have increased by 1.9% and is now trading at C$45.94. View the best growth stocks for 2024 here .

When is Exchange Income's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our EIF earnings forecast .

How were Exchange Income's earnings last quarter?

Exchange Income Co. (TSE:EIF) released its quarterly earnings data on Thursday, February, 22nd. The company reported $0.70 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.70. The business earned $656.68 million during the quarter, compared to analysts' expectations of $644.49 million. Exchange Income had a net margin of 4.90% and a trailing twelve-month return on equity of 10.80%.

How often does Exchange Income pay dividends? What is the dividend yield for Exchange Income?

Exchange Income announced a monthly dividend on Wednesday, April 17th. Investors of record on Tuesday, April 30th will be given a dividend of 0.22 per share on Wednesday, May 15th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 5.75%. The ex-dividend date is Monday, April 29th. Read our dividend analysis for EIF .

Is Exchange Income a good dividend stock?

Exchange Income (TSE:EIF) pays an annual dividend of C$2.64 per share and currently has a dividend yield of 5.31%. EIF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 99.62%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for EIF .

What other stocks do shareholders of Exchange Income own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Exchange Income investors own include Bank of Nova Scotia (BNS) , Pembina Pipeline (PPL) , Enbridge (ENB) , Air Canada (AC) , Toronto-Dominion Bank (TD) , Royal Bank of Canada (RY) , Fortis (FTS) , Inter Pipeline (IPL) , Suncor Energy (SU) and Intelsat (I) .

How do I buy shares of Exchange Income?

Shares of EIF stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:EIF

Exchange Income (EIF) Stock Price, News & Analysis

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Free EIF Stock Alerts

C$45.94

-0.31 (-0.67%)

(As of 05:22 PM ET)

Compare

Today's Range: C$45.88
▼
C$46.66
50-Day Range: C$45.51
▼
C$49.74
52-Week Range: C$42.05
▼
C$55.74

Volume: 53,772 shs
Average Volume: 84,299 shs
Market Capitalization: C$2.17 billion

P/E Ratio: 17.34
Dividend Yield: 5.75%
Price Target: C$64.15

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get Exchange Income alerts:

Exchange Income MarketRank™ Stock Analysis

Analyst Rating: Buy
3.13 Rating Score
Upside/Downside: 39.6% Upside
C$64.15 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.59
Based on 14 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.54 out of 5 stars

4.6

Analyst's Opinion

Consensus Rating
Exchange Income has received a consensus rating of Buy. The company's average rating score is 3.13, and is based on 7 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Exchange Income has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for EIF.

1.7

Dividend Strength

Dividend Leadership
Exchange Income is a leading dividend payer. It pays a dividend yield of 5.31%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Exchange Income does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Exchange Income is 99.62%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for EIF.

3.1

News and Social Media Coverage

News Sentiment
Exchange Income has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.40 average news sentiment score of Industrials companies.
News Coverage This Week
MarketBeat has tracked 14 news articles for Exchange Income this week, compared to 2 articles on an average week.
Search Interest
Only 2 people have searched for EIF on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
MarketBeat Follows
9 people have added Exchange Income to their MarketBeat watchlist in the last 30 days. This is an increase of 80% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Exchange Income insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 6.13% of the stock of Exchange Income is held by insiders.
Percentage Held by Institutions
Only 11.98% of the stock of Exchange Income is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Exchange Income is 17.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.26.
Price to Earnings Ratio vs. Sector
The P/E ratio of Exchange Income is 17.34, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 396.53.
Price to Earnings Growth Ratio
Exchange Income has a PEG Ratio of 1.42. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Exchange Income has a P/B Ratio of 1.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Exchange Income Stock (TSE:EIF)

Exchange Income Corporation, together with its subsidiaries, engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. The company Aerospace & Aviation, and Manufacturing segments. The Aerospace & Aviation segment offers fixed wing and rotary wing, medevac, passenger, charter, freight, and auxiliary services; and operates two flight schools and trains pilots. This segment provides mission systems design, integration, aircraft modifications, intelligence, surveillance, reconnaissance operations, software development, logistics and in-service support services, as well as engages in engine parts sales, aircraft, and engine leasing; and aircraft management services in Canada, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Nunavut, Ontario, and Quebec. The Manufacturing segment provides planning, consultation, delivery, installation, logistical support, removal and washing solutions; and temporary access solutions, as well as involved in selling of mats and rental businesses. It also engages in design, manufacture, and installation of exteriors for residential, retail, and office spaces; and provides window wall system, curtain wall, and railing solutions. This segment manufactures precision parts, components; portable hydronic climate control equipment; stainless steel tanks, vessels, and processing equipment; electrical and control systems, as well as offers wireless and wireline construction and maintenance services. Exchange Income Corporation was incorporated in 2002 and is headquartered in Winnipeg, Canada.

EIF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

EIF Stock News Headlines

April 19, 2024 | msn.com

Equifax Inc. (NYSE:EFX) Q1 2024 Earnings Call Transcript

April 15, 2024 | americanbankingnews.com

Q1 2024 EPS Estimates for Exchange Income Co. Lowered by Analyst (TSE:EIF)

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

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April 15, 2024 | americanbankingnews.com

Exchange Income Co. Forecasted to Post Q1 2024 Earnings of $0.15 Per Share (TSE:EIF)

April 13, 2024 | americanbankingnews.com

Atb Cap Markets Weighs in on Exchange Income Co.'s Q3 2024 Earnings (TSE:EIF)

April 11, 2024 | americanbankingnews.com

Exchange Income (TSE:EIF) Stock Crosses Above 200 Day Moving Average of $46.23

April 11, 2024 | americanbankingnews.com

Exchange Income Co. (TSE:EIF) Given Average Recommendation of "Buy" by Brokerages

April 1, 2024 | finance.yahoo.com

Exchange Income Corporation (EIF.TO)

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

March 15, 2024 | finance.yahoo.com

Exchange Income Corporation Announces March 2024 Dividend

March 13, 2024 | msn.com

Monthly Cash: 2 Dividend Stocks to Buy Now and Hold Forever

February 18, 2024 | msn.com

TFSA Investors: 2 of the Best Monthly Dividend TSX Stocks to Buy Right Now

February 16, 2024 | ca.finance.yahoo.com

Stocks in play: Exchange Income Corporation

February 9, 2024 | uk.investing.com

Exchange Income Corporation (EIF)

February 4, 2024 | seekingalpha.com

EIF:CA Exchange Income Corporation

January 25, 2024 | fool.ca

TFSA Monthly Passive Income: 2 of the Best Stocks to Buy in 2024

January 22, 2024 | finance.yahoo.com

Those who invested in Exchange Income (TSE:EIF) five years ago are up 114%

January 18, 2024 | msn.com

How to Create $2,154.76 in Passive Income in 2024

January 18, 2024 | finance.yahoo.com

Exchange Income Corporation to Host Fourth Quarter Results Conference Call on February 23, 2024

January 16, 2024 | msn.com

The 3 Best Canadian Dividend Stocks That Pay Cash Monthly

January 5, 2024 | finance.yahoo.com

Is Exchange Income Corporation (TSE:EIF) Potentially Undervalued?

January 1, 2024 | msn.com

1 Under-$50 Dividend Stock to Buy for Monthly Passive Income

December 17, 2023 | finance.yahoo.com

Should We Be Cautious About Exchange Income Corporation's (TSE:EIF) ROE Of 9.6%?

December 15, 2023 | msn.com

Passive Income: Earn $500 Monthly, Completely Tax-Free

December 3, 2023 | ca.finance.yahoo.com

3 Top TSX Passive-Income Stocks That Pay Out Every Month

November 10, 2023 | msn.com

2 Top Canadian Dividend Stocks That Pay Cash Monthly

October 19, 2023 | msn.com

Income Stocks: A Once-in-a-Decade Chance to Get Rich

See More Headlines

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Company Calendar

Last Earnings: 2/22/2024
Ex-Dividend for 4/15 Dividend: 3/27/2024
Dividend Payable: 4/15/2024
Today: 4/19/2024
Ex-Dividend for 5/15 Dividend: 4/29/2024
Next Earnings (Confirmed): 5/07/2024
Dividend Payable: 5/15/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Industrials
Industry: Airlines
Sub-Industry: N/A
Current Symbol: TSE:EIF
CUSIP: N/A
CIK: N/A
Web: www.exchangeincomecorp.ca
Phone: +1-204-9821857
Fax: N/A
Employees: 4,340
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$64.15
High Stock Price Target: C$73.00
Low Stock Price Target: C$60.00
Potential Upside/Downside: +39.3%
Consensus Rating: Buy
Rating Score (0-4): 3.13
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$2.65
Trailing P/E Ratio: 17.38
Forward P/E Ratio: 14.53
P/E Growth: 1.42
Net Income: C$122.31 million
Net Margins: 4.90%
Pretax Margin: N/A
Return on Equity: 10.80%
Return on Assets: 4.75%

Debt

Debt-to-Equity Ratio: 162.10
Current Ratio: 1.87
Quick Ratio: 1.13

Sales & Book Value

Annual Sales: C$2.50 billion
Price / Sales: 0.87
Cash Flow: C$2.12 per share
Price / Cash Flow: 21.69
Book Value: C$26.42 per share
Price / Book: 1.74

Miscellaneous

Outstanding Shares: 47,220,000
Free Float: N/A
Market Cap: C$2.17 billion
Optionable: Not Optionable
Beta: 2.07

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Key Executives

Mr. Michael C. Pyle M.B.A. (Age 60)
CEO & Director
Comp: $1.85M
Mr. Duncan Draper Jessiman Q.C. (Age 78)
Executive Vice Chairman
Comp: $268.4k
Ms. Carmele N. Peter L.L.B. (Age 58)
Q.C., President
Comp: $1.4M
Mr. Richard Wowryk C.A.
CPA, CBV, Chief Financial Officer
Mr. Hank Gibson
President of Regional One, Inc.
Mr. Darren Francis
CEO of Northern Mat & Bridge LP
Mr. Darwin R. Sparrow (Age 57)
Chief Operating Officer
Comp: $322.22k
Mr. Curtis Anderson
Chief Technology Officer
Mr. Travis Raymond Muhr
Chief Administrative Officer
Pam Plaster
Vice President of Investor Development

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

EIF Stock Analysis - Frequently Asked Questions

Should I buy or sell Exchange Income stock right now?: 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Exchange Income in the last year. There are currently 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" EIF shares.
View EIF analyst ratings or view top-rated stocks.
What is Exchange Income's stock price target for 2024?: 8 analysts have issued twelve-month target prices for Exchange Income's shares. Their EIF share price targets range from C$60.00 to C$73.00. On average, they predict the company's stock price to reach C$64.15 in the next twelve months. This suggests a possible upside of 39.6% from the stock's current price.
View analysts price targets for EIF or view top-rated stocks among Wall Street analysts.
How have EIF shares performed in 2024?: Exchange Income's stock was trading at C$45.10 at the beginning of 2024. Since then, EIF shares have increased by 1.9% and is now trading at C$45.94.
View the best growth stocks for 2024 here.
When is Exchange Income's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our EIF earnings forecast.
How were Exchange Income's earnings last quarter?: Exchange Income Co. (TSE:EIF) released its quarterly earnings data on Thursday, February, 22nd. The company reported $0.70 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.70. The business earned $656.68 million during the quarter, compared to analysts' expectations of $644.49 million. Exchange Income had a net margin of 4.90% and a trailing twelve-month return on equity of 10.80%.

How often does Exchange Income pay dividends? What is the dividend yield for Exchange Income?: Exchange Income announced a monthly dividend on Wednesday, April 17th. Investors of record on Tuesday, April 30th will be given a dividend of 0.22 per share on Wednesday, May 15th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 5.75%. The ex-dividend date is Monday, April 29th.
Read our dividend analysis for EIF.
Is Exchange Income a good dividend stock?: Exchange Income (TSE:EIF) pays an annual dividend of C$2.64 per share and currently has a dividend yield of 5.31%. EIF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 99.62%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for EIF.
What other stocks do shareholders of Exchange Income own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Exchange Income investors own include Bank of Nova Scotia (BNS), Pembina Pipeline (PPL), Enbridge (ENB), Air Canada (AC), Toronto-Dominion Bank (TD), Royal Bank of Canada (RY), Fortis (FTS), Inter Pipeline (IPL), Suncor Energy (SU) and Intelsat (I).
How do I buy shares of Exchange Income?: Shares of EIF stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:EIF) was last updated on 4/19/2024 by MarketBeat.com Staff

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Exchange Income (EIF) Stock Price, News & Analysis

Exchange Income MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Exchange Income Stock (TSE:EIF)

EIF Stock Price History

EIF Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

EIF Stock Analysis - Frequently Asked Questions

Overall MarketRank^™