goeasy Ltd. (TSE:GSY) to Post Q2 2024 Earnings of $4.10 Per Share, Cormark Forecasts

goeasy Ltd. (TSE:GSYFree Report) – Cormark boosted their Q2 2024 earnings estimates for shares of goeasy in a report issued on Wednesday, November 8th. Cormark analyst J. Fenwick now expects that the company will post earnings per share of $4.10 for the quarter, up from their previous estimate of $3.99. The consensus estimate for goeasy’s current full-year earnings is $16.98 per share. Cormark also issued estimates for goeasy’s Q1 2025 earnings at $4.84 EPS, Q2 2025 earnings at $4.69 EPS and Q3 2025 earnings at $5.37 EPS.

goeasy (TSE:GSYGet Free Report) last released its earnings results on Wednesday, August 9th. The company reported C$3.28 EPS for the quarter, beating the consensus estimate of C$3.18 by C$0.10. The firm had revenue of C$302.93 million for the quarter, compared to analysts’ expectations of C$301.27 million. goeasy had a net margin of 26.88% and a return on equity of 21.23%.

Several other equities analysts have also recently commented on GSY. Raymond James raised their target price on shares of goeasy from C$151.00 to C$166.00 in a research note on Thursday. BMO Capital Markets lifted their price objective on shares of goeasy from C$167.00 to C$177.00 and gave the stock an “outperform” rating in a research note on Thursday. Desjardins lifted their price objective on shares of goeasy from C$160.00 to C$165.00 and gave the stock a “buy” rating in a research note on Wednesday. National Bankshares lifted their price objective on shares of goeasy from C$175.00 to C$185.00 and gave the stock an “outperform” rating in a research note on Wednesday. Finally, CIBC lifted their price objective on shares of goeasy from C$150.00 to C$160.00 and gave the stock an “outperform” rating in a research note on Thursday. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, goeasy currently has an average rating of “Moderate Buy” and a consensus target price of C$162.88.

Read Our Latest Stock Report on goeasy

goeasy Stock Up 2.2 %

goeasy stock opened at C$128.15 on Thursday. The stock has a market cap of C$2.12 billion, a price-to-earnings ratio of 11.82, a PEG ratio of 0.84 and a beta of 2.00. The company has a current ratio of 36.85, a quick ratio of 28.46 and a debt-to-equity ratio of 272.32. The company’s 50-day moving average price is C$113.89 and its two-hundred day moving average price is C$113.83. goeasy has a 52 week low of C$87.00 and a 52 week high of C$135.50.

goeasy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 29th will be paid a $0.96 dividend. This represents a $3.84 dividend on an annualized basis and a yield of 3.00%. The ex-dividend date is Thursday, December 28th. goeasy’s dividend payout ratio (DPR) is presently 35.42%.

About goeasy

(Get Free Report)

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 real estate 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.

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Earnings History and Estimates for goeasy (TSE:GSY)

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