goeasy (GSY) to Release Quarterly Earnings on Tuesday

goeasy (TSE:GSY) is set to issue its quarterly earnings data after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of C$3.80 per share for the quarter.

goeasy (TSE:GSY) last announced its earnings results on Tuesday, February 13th. The company reported C$4.01 earnings per share (EPS) for the quarter, beating the consensus estimate of C$3.92 by C$0.09. goeasy had a return on equity of 25.77% and a net margin of 33.21%. The business had revenue of C$338.11 million during the quarter, compared to analyst estimates of C$340.35 million.

goeasy Trading Down 0.1 %

Shares of TSE GSY opened at C$181.60 on Friday. goeasy has a fifty-two week low of C$87.00 and a fifty-two week high of C$184.24. The company has a debt-to-equity ratio of 278.25, a quick ratio of 28.46 and a current ratio of 15.62. The company has a market cap of C$3.02 billion, a price-to-earnings ratio of 12.54, a PEG ratio of 0.84 and a beta of 1.97. The business’s 50 day moving average price is C$167.33 and its 200-day moving average price is C$152.96.

goeasy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Shareholders of record on Friday, March 29th were given a $1.17 dividend. This represents a $4.68 annualized dividend and a yield of 2.58%. The ex-dividend date was Wednesday, March 27th. This is an increase from goeasy’s previous quarterly dividend of $0.96. goeasy’s dividend payout ratio is 32.32%.

Wall Street Analyst Weigh In

GSY has been the subject of a number of recent analyst reports. National Bankshares boosted their target price on shares of goeasy from C$195.00 to C$210.00 and gave the company an “outperform” rating in a research note on Tuesday, April 30th. BMO Capital Markets boosted their price objective on shares of goeasy from C$187.00 to C$192.00 and gave the company an “outperform” rating in a research report on Thursday, February 15th. Royal Bank of Canada raised their target price on shares of goeasy from C$195.00 to C$201.00 and gave the stock an “outperform” rating in a research report on Monday, April 29th. Scotiabank boosted their price target on goeasy from C$183.00 to C$190.00 and gave the company a “sector perform” rating in a report on Tuesday, April 30th. Finally, Cormark increased their price objective on goeasy from C$193.00 to C$200.00 and gave the stock a “buy” rating in a research note on Wednesday, February 14th. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, goeasy has an average rating of “Moderate Buy” and a consensus price target of C$196.44.

Insider Activity

In related news, Director David Ingram sold 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of C$157.58, for a total value of C$4,727,400.00. Insiders own 22.18% of the company’s stock.

About goeasy

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.