ECN Capital (TSE:ECN) Given a C$3.25 Price Target by Royal Bank Of Canada Analysts

Royal Bank Of Canada set a C$3.25 target price on ECN Capital (TSE:ECN) in a research note published on Wednesday morning,BayStreet.CA reports. The firm currently has a sector perform rating on the stock.

Separately, Raymond James Financial downgraded ECN Capital from a “moderate buy” rating to a “hold” rating and set a C$3.25 price objective for the company. in a report on Friday, August 8th. Four equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of C$3.38.

ECN Capital Trading Down 1.4%

TSE ECN opened at C$2.80 on Wednesday. The company has a market cap of C$788.14 million, a price-to-earnings ratio of 103.12, a P/E/G ratio of 0.24 and a beta of 1.37. ECN Capital has a 52 week low of C$2.06 and a 52 week high of C$3.52. The business has a 50 day moving average price of C$2.95 and a 200-day moving average price of C$2.82. The company has a quick ratio of 3.81, a current ratio of 13.28 and a debt-to-equity ratio of 304.13.

ECN Capital Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Wednesday, October 1st were issued a dividend of $0.01 per share. The ex-dividend date was Friday, September 12th. This represents a $0.04 annualized dividend and a yield of 1.4%. ECN Capital’s dividend payout ratio is 105.56%.

About ECN Capital

ECN Capital Corp is a financial business service provider. It originates, structures and manages financial products and provides advisory services for financial institutions. The company’s operating segment includes Service Finance – Home Improvement Loans; KG – Consumer Credit Card Portfolios and Related Financial Products; Triad Financial Services – Manufactured Home Loans and Corporate.