Cormark Issues Optimistic Forecast for Propel Earnings

Propel Holdings Inc. (TSE:PRL) – Equities research analysts at Cormark lifted their Q3 2025 earnings estimates for shares of Propel in a research report issued to clients and investors on Monday, October 27th. Cormark analyst J. Fenwick now forecasts that the company will earn $0.64 per share for the quarter, up from their previous forecast of $0.63. Cormark currently has a “Moderate Buy” rating on the stock. The consensus estimate for Propel’s current full-year earnings is $5.39 per share. Cormark also issued estimates for Propel’s FY2025 earnings at $2.87 EPS, Q1 2026 earnings at $1.04 EPS, Q2 2026 earnings at $0.92 EPS, Q3 2026 earnings at $0.90 EPS, Q4 2026 earnings at $1.18 EPS, FY2026 earnings at $4.05 EPS, Q1 2027 earnings at $1.40 EPS, Q2 2027 earnings at $1.25 EPS, Q3 2027 earnings at $1.22 EPS and FY2027 earnings at $5.45 EPS.

A number of other equities analysts have also recently weighed in on PRL. Scotiabank lowered their price objective on shares of Propel from C$43.00 to C$40.00 and set an “outperform” rating for the company in a research report on Friday, October 24th. Raymond James Financial reduced their price objective on shares of Propel from C$46.00 to C$42.00 in a report on Wednesday, July 16th. One investment analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. Based on data from MarketBeat, Propel has an average rating of “Buy”.

Propel Price Performance

Propel stock opened at $25.83 on Tuesday. The firm has a 50 day simple moving average of $29.83 and a 200-day simple moving average of $31.95. Propel has a 1-year low of $20.99 and a 1-year high of $43.36. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of 17.45 and a beta of 1.11.

Propel Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, September 4th were given a $0.78 dividend. This is a boost from Propel’s previous quarterly dividend of $0.18. This represents a $3.12 dividend on an annualized basis and a dividend yield of 12.1%. The ex-dividend date of this dividend was Wednesday, August 27th. Propel’s dividend payout ratio (DPR) is presently 30.81%.

About Propel

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.