Raymond James Weighs in on Propel’s Q2 Earnings (TSE:PRL)

Propel Holdings Inc. (TSE:PRL) – Raymond James cut their Q2 2025 earnings per share (EPS) estimates for Propel in a report issued on Wednesday, May 7th. Raymond James analyst S. Boland now forecasts that the company will post earnings of $0.79 per share for the quarter, down from their prior estimate of $0.81. Raymond James currently has a “Outperform” rating and a $44.00 target price on the stock. The consensus estimate for Propel’s current full-year earnings is $5.39 per share. Raymond James also issued estimates for Propel’s FY2025 earnings at $3.30 EPS, Q4 2026 earnings at $1.13 EPS and FY2026 earnings at $4.64 EPS.

Separately, Scotiabank dropped their price objective on Propel from C$44.00 to C$38.00 and set an “outperform” rating on the stock in a research note on Thursday, April 24th. Three research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Strong Buy” and a consensus target price of $41.25.

Propel Price Performance

The business has a 50 day simple moving average of $25.22 and a 200-day simple moving average of $32.33. The company has a market capitalization of $895.64 million, a price-to-earnings ratio of 19.90 and a beta of 1.75. Propel has a 12 month low of $19.91 and a 12 month high of $43.36.

Propel Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 4th. Investors of record on Wednesday, June 4th will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend is Thursday, May 15th. Propel’s dividend payout ratio (DPR) is presently 34.64%.

Propel Company Profile

Propel Holdings Inc is a financial technology company committed to credit inclusion and helping underserved consumers by providing fair, fast, and transparent access to credit. It operates through its two brands: MoneyKey and CreditFresh. The company, through its MoneyKey brand, is a state-licensed direct lender and offers either Installment Loans or Lines of Credit to new customers in several US states.