Exchange Income Co. (TSE:EIF – Free Report) – Equities researchers at Cormark increased their FY2025 earnings estimates for Exchange Income in a note issued to investors on Wednesday, May 14th. Cormark analyst J. Fenwick now anticipates that the company will post earnings per share of $3.64 for the year, up from their prior estimate of $3.50. The consensus estimate for Exchange Income’s current full-year earnings is $4.00 per share. Cormark also issued estimates for Exchange Income’s FY2026 earnings at $4.40 EPS.
Other analysts have also recently issued research reports about the stock. Scotiabank cut their price objective on shares of Exchange Income from C$65.00 to C$64.00 in a report on Friday, February 28th. Paradigm Capital set a C$69.00 target price on shares of Exchange Income and gave the stock a “buy” rating in a research report on Thursday, January 30th. Finally, Royal Bank of Canada lowered their target price on shares of Exchange Income from C$71.00 to C$64.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 16th. Seven research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of C$68.22.
Exchange Income Stock Up 0.5%
EIF stock opened at C$58.18 on Friday. The company has a current ratio of 1.76, a quick ratio of 1.13 and a debt-to-equity ratio of 173.72. Exchange Income has a twelve month low of C$43.08 and a twelve month high of C$59.32. The company’s 50 day moving average is C$50.82 and its two-hundred day moving average is C$53.52. The stock has a market cap of C$2.90 billion, a P/E ratio of 22.79, a PEG ratio of 1.42 and a beta of 2.04.
Insider Transactions at Exchange Income
In other news, Director Edward Warkentin acquired 1,011 shares of the company’s stock in a transaction on Tuesday, March 4th. The shares were bought at an average cost of C$49.54 per share, with a total value of C$50,087.97. Also, Director Michael Pyle acquired 4,000 shares of the company’s stock in a transaction on Friday, February 28th. The stock was purchased at an average cost of C$50.26 per share, for a total transaction of C$201,052.00. Over the last ninety days, insiders have acquired 30,311 shares of company stock worth $1,510,455. Insiders own 6.44% of the company’s stock.
About Exchange Income
Exchange Income Corp is a diversified acquisition-oriented corporation focused on opportunities in two sectors, aerospace, aviation services and equipment, and manufacturing. The business plan of the corporation is to invest in profitable, well-established companies with strong cash flows operating in niche markets.
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