goeasy Ltd. (TSE:GSY) Receives Consensus Recommendation of “Moderate Buy” from Analysts

goeasy Ltd. (TSE:GSY) has received an average recommendation of “Moderate Buy” from the eight research firms that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price target among brokers that have covered the stock in the last year is C$223.00.

GSY has been the subject of several recent research reports. BMO Capital Markets raised goeasy from a “market perform” rating to an “outperform” rating and decreased their price target for the stock from C$207.00 to C$200.00 in a report on Friday, March 14th. Jefferies Financial Group reduced their price objective on goeasy from C$228.00 to C$215.00 and set a “buy” rating on the stock in a research report on Tuesday, February 11th. Finally, Raymond James upped their target price on goeasy from C$230.00 to C$245.00 in a research note on Tuesday, February 18th.

goeasy Stock Performance

Shares of goeasy stock opened at C$141.81 on Wednesday. The stock has a market capitalization of C$2.38 billion, a price-to-earnings ratio of 8.62, a PEG ratio of 0.84 and a beta of 1.87. goeasy has a 12 month low of C$140.73 and a 12 month high of C$206.02. The firm’s fifty day simple moving average is C$162.18 and its 200-day simple moving average is C$170.28. The company has a debt-to-equity ratio of 287.63, a current ratio of 82.04 and a quick ratio of 28.46.

goeasy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, April 11th will be paid a dividend of $1.46 per share. This is an increase from goeasy’s previous quarterly dividend of $1.17. This represents a $5.84 annualized dividend and a yield of 4.12%. The ex-dividend date of this dividend is Friday, March 28th. goeasy’s payout ratio is currently 28.45%.

goeasy Company Profile

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 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.