Cormark Analysts Lift Earnings Estimates for Exchange Income

Exchange Income Co. (TSE:EIF) – Cormark upped their FY2025 earnings estimates for Exchange Income in a research report issued to clients and investors on Wednesday, August 13th. Cormark analyst J. Fenwick now expects that the company will post earnings of $3.93 per share for the year, up from their prior estimate of $3.79. Cormark currently has a “Buy” rating and a $78.50 target price on the stock. 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 $4.66 EPS.

EIF has been the subject of a number of other reports. Scotiabank lifted their price target on shares of Exchange Income from C$66.00 to C$80.00 and gave the company an “outperform” rating in a research report on Wednesday. BMO Capital Markets lifted their price objective on shares of Exchange Income from C$59.00 to C$65.50 and gave the company a “market perform” rating in a research note on Wednesday. ATB Capital lifted their price objective on shares of Exchange Income from C$70.00 to C$81.00 and gave the company an “outperform” rating in a research note on Wednesday. Raymond James Financial lifted their price objective on shares of Exchange Income from C$80.00 to C$85.00 and gave the company a “strong-buy” rating in a research note on Wednesday. Finally, CIBC lifted their price objective on shares of Exchange Income from C$74.50 to C$84.50 and gave the company an “outperform” rating in a research note on Wednesday. One analyst has rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of C$79.68.

Exchange Income Stock Down 1.8%

TSE EIF opened at C$73.62 on Thursday. 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 1-year low of C$45.00 and a 1-year high of C$75.13. The company has a 50 day moving average of C$64.02 and a 200-day moving average of C$56.36. The company has a market cap of C$3.67 billion, a price-to-earnings ratio of 28.84, a PEG ratio of 1.42 and a beta of 2.04.

Exchange Income Announces Dividend

The firm also recently disclosed a jul 25 dividend, which will be paid on Friday, August 15th. Investors of record on Thursday, July 31st will be paid a $0.22 dividend. Exchange Income’s dividend payout ratio is 103.42%.

Exchange Income Company Profile

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.