What is Scotiabank’s Estimate for goeasy FY2025 Earnings?

goeasy Ltd. (TSE:GSY) – Analysts at Scotiabank decreased their FY2025 earnings per share (EPS) estimates for shares of goeasy in a research report issued on Thursday, March 12th. Scotiabank analyst P. Hardie now forecasts that the company will earn $4.51 per share for the year, down from their prior estimate of $16.28. The consensus estimate for goeasy’s current full-year earnings is $20.32 per share. Scotiabank also issued estimates for goeasy’s FY2026 earnings at $8.24 EPS and FY2027 earnings at $13.27 EPS.

A number of other brokerages also recently commented on GSY. TD Securities downgraded shares of goeasy from a “buy” rating to a “hold” rating and lowered their price target for the stock from C$160.00 to C$135.00 in a report on Monday, January 19th. ATB Cormark Capital Markets decreased their target price on shares of goeasy from C$200.00 to C$185.00 and set an “outperform” rating on the stock in a research report on Friday, February 13th. BMO Capital Markets cut shares of goeasy from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 10th. National Bank Financial downgraded goeasy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 10th. Finally, Royal Bank Of Canada lowered goeasy from a “hold” rating to a “strong sell” rating in a research note on Wednesday, March 11th. Two research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of C$180.33.

goeasy Price Performance

TSE:GSY opened at C$35.72 on Monday. goeasy has a 12-month low of C$33.13 and a 12-month high of C$216.50. The firm has a market cap of C$572.45 million, a price-to-earnings ratio of 2.61, a price-to-earnings-growth ratio of 0.84 and a beta of 0.16. The company’s 50-day moving average is C$117.38 and its two-hundred day moving average is C$142.98. The company has a current ratio of 42.83, a quick ratio of 28.46 and a debt-to-equity ratio of 383.82.

goeasy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 9th. Shareholders of record on Friday, January 9th were paid a dividend of $1.46 per share. The ex-dividend date was Wednesday, December 24th. This represents a $5.84 annualized dividend and a yield of 16.3%. goeasy’s dividend payout ratio is currently 40.48%.

Key goeasy News

Here are the key news stories impacting goeasy this week:

• Neutral Sentiment: Market pressure: Broad TSX weakness—led by materials and tech amid rising oil-supply concerns—adds headwinds for Canadian equities and may be weighing on sentiment around consumer/financial names like goeasy. Materials, tech weigh on TSX as oil supply fears rise
• Negative Sentiment: Analyst downgrade — Royal Bank of Canada downgraded goeasy from “hold” to “strong sell,” a notably bearish move from a large Canadian bank that can pressure institutional and retail sentiment. RBC downgrade via TickerReport Zacks
• Negative Sentiment: Analyst downgrade — Jefferies cut its rating from “strong-buy” to “hold,” reducing a previously strong institutional endorsement and likely dampening upside expectations. Jefferies downgrade via Zacks
• Negative Sentiment: Analyst downgrade — BMO Capital Markets moved from “strong-buy” to “hold,” another pullback from a prior bullish stance that can weigh on momentum. BMO downgrade via TickerReport Zacks
• Negative Sentiment: Analyst downgrade — National Bank Financial cut its rating from “strong-buy” to “hold,” further signaling reduced analyst conviction. National Bank Financial downgrade via Zacks

goeasy Company Profile

goeasy Ltd provides financial services to own furniture, electronics, computers, and appliances. It offers merchandise leasing of household furnishings, appliances, and home electronic products to consumers under weekly or monthly leasing agreements. The company also offers unsecured installment loans to consumers. Its reportable business segments include easyhome and easyfinancial, of which it derives maximum revenue from easyfinancial segment.