goeasy (TSE:GSY – Free Report) had its price target hoisted by Scotiabank from C$145.00 to C$170.00 in a report published on Wednesday morning, BayStreet.CA reports. They currently have a sector perform rating on the stock.
Several other research firms also recently issued reports on GSY. National Bankshares boosted their price objective on shares of goeasy from C$175.00 to C$185.00 and gave the stock an outperform rating in a research note on Wednesday, November 8th. Desjardins lifted their target price on goeasy from C$160.00 to C$165.00 and gave the stock a buy rating in a research report on Wednesday, November 8th. Cormark increased their price target on goeasy from C$185.00 to C$193.00 in a report on Monday, January 29th. Raymond James lifted their price objective on goeasy from C$151.00 to C$166.00 in a report on Thursday, November 9th. Finally, CIBC downgraded shares of goeasy from an outperform rating to a neutral rating and set a C$160.00 price objective on the stock. in a research note on Monday, January 29th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of Moderate Buy and an average target price of C$176.00.
goeasy Trading Up 2.8 %
goeasy (TSE:GSY – Get Free Report) last announced its quarterly earnings results on Tuesday, November 7th. The company reported C$3.81 earnings per share for the quarter, beating analysts’ consensus estimates of C$3.43 by C$0.38. The company had revenue of C$321.73 million for the quarter, compared to analyst estimates of C$320.67 million. goeasy had a net margin of 28.45% and a return on equity of 22.38%. Research analysts forecast that goeasy will post 16.7156153 earnings per share for the current fiscal year.
goeasy Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, January 12th. Investors of record on Friday, January 12th were given a $0.96 dividend. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $3.84 annualized dividend and a yield of 2.46%. goeasy’s dividend payout ratio is presently 32.41%.
Insiders Place Their Bets
In other news, Director David Ingram sold 2,400 shares of goeasy stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of C$161.50, for a total transaction of C$387,600.00. 22.85% of the stock is owned by insiders.
goeasy Ltd. provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. It offers unsecured and real estate secured installment loans; home equity secured instalment loans and automotive vehicle financing; and loans to finance the purchase of retail goods, powersports and recreational vehicles, home improvement projects, and healthcare related products and services.
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