Raymond James Has Negative Estimate for TSE:EFN Q3 Earnings

Element Fleet Management Corp. (TSE:EFN) – Raymond James cut their Q3 2025 earnings per share estimates for Element Fleet Management in a report issued on Thursday, May 1st. Raymond James analyst S. Boland now anticipates that the financial services provider will earn $0.46 per share for the quarter, down from their previous forecast of $0.48. The consensus estimate for Element Fleet Management’s current full-year earnings is $1.69 per share. Raymond James also issued estimates for Element Fleet Management’s Q4 2025 earnings at $0.44 EPS, FY2025 earnings at $1.70 EPS, Q1 2026 earnings at $0.44 EPS, Q2 2026 earnings at $0.47 EPS, Q3 2026 earnings at $0.50 EPS, Q4 2026 earnings at $0.49 EPS and FY2026 earnings at $1.90 EPS.

A number of other brokerages also recently issued reports on EFN. Jefferies Financial Group lowered their price target on shares of Element Fleet Management from C$31.00 to C$30.00 in a report on Monday, April 21st. BMO Capital Markets raised their price target on shares of Element Fleet Management from C$33.00 to C$35.00 in a report on Friday. CIBC boosted their price target on shares of Element Fleet Management from C$33.00 to C$34.00 and gave the company an “outperform” rating in a research report on Thursday, January 30th. National Bankshares lowered their price objective on Element Fleet Management from C$41.00 to C$40.00 and set an “outperform” rating on the stock in a research report on Thursday, February 27th. Finally, Keefe, Bruyette & Woods upgraded Element Fleet Management to a “hold” rating in a research report on Sunday, April 20th. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Element Fleet Management currently has a consensus rating of “Moderate Buy” and a consensus target price of C$34.38.

Element Fleet Management Stock Performance

Shares of EFN opened at C$31.25 on Monday. The company has a debt-to-equity ratio of 303.64, a quick ratio of 5.70 and a current ratio of 7.04. The stock has a market capitalization of C$8.96 billion, a price-to-earnings ratio of 25.93, a price-to-earnings-growth ratio of 2.97 and a beta of 0.91. Element Fleet Management has a 52-week low of C$22.19 and a 52-week high of C$31.41. The stock’s 50-day simple moving average is C$28.93 and its 200 day simple moving average is C$28.94.

Insider Buying and Selling at Element Fleet Management

In related news, Senior Officer Laura Lee Dottori-Attanasio acquired 18,000 shares of the firm’s stock in a transaction dated Tuesday, March 4th. The shares were purchased at an average price of C$27.78 per share, for a total transaction of C$499,991.40. Also, Senior Officer Carlos David Madrigal Gonzalez bought 2,107 shares of the stock in a transaction dated Thursday, March 13th. The stock was bought at an average cost of C$27.06 per share, with a total value of C$57,010.36. Company insiders own 0.26% of the company’s stock.

Element Fleet Management Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th were paid a $0.13 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.52 annualized dividend and a yield of 1.66%. This is a positive change from Element Fleet Management’s previous quarterly dividend of $0.12. Element Fleet Management’s dividend payout ratio is currently 39.84%.

About Element Fleet Management

Element Financial separated into two independent public companies in October 2016. The former company now consists of Element Fleet Management, a global fleet management company, and ECN Capital, a commercial finance company. Element Fleet Management provides management services and financing for commercial vehicle and equipment fleets.