FY2026 EPS Estimates for Propel Cut by Ventum Cap Mkts

Propel Holdings Inc. (TSE:PRL) – Equities research analysts at Ventum Cap Mkts cut their FY2026 EPS estimates for Propel in a report released on Tuesday, October 21st. Ventum Cap Mkts analyst R. Goff now anticipates that the company will earn $3.70 per share for the year, down from their prior estimate of $3.93. The consensus estimate for Propel’s current full-year earnings is $5.39 per share.

A number of other analysts have also recently commented on the stock. Scotiabank upped their price target on shares of Propel from C$38.00 to C$43.00 in a research report on Wednesday, July 23rd. Raymond James Financial cut their price objective on shares of Propel from C$46.00 to C$42.00 in a research report on Wednesday, July 16th. Finally, Cormark raised shares of Propel to a “moderate buy” rating in a research report on Thursday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, Propel has a consensus rating of “Buy”.

Propel Trading Up 4.6%

Shares of PRL opened at $24.98 on Thursday. The stock has a market capitalization of $974.10 million, a P/E ratio of 16.88 and a beta of 1.11. The firm’s fifty day simple moving average is $30.20 and its two-hundred day simple moving average is $31.77. Propel has a 12 month low of $20.99 and a 12 month high of $43.36.

Propel Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, September 4th were given a dividend of $0.78 per share. This is a boost from Propel’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Wednesday, August 27th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 12.5%. Propel’s payout ratio is currently 30.81%.

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.