goeasy ltd. will issue a quarterly dividend of $0.91 (TSE:GSY)


goeasy ltd. (TSE: GSY- Get an assessment) announced a quarterly dividend on Wednesday, August 10, Zacks reports. Shareholders of record on Friday, September 30 will receive a dividend of 0.91 per share on Friday, October 14. This represents an annualized dividend of $3.64 and a yield of 2.63%. The ex-date of this dividend is Thursday, September 29.

goeasy stock market performance

TSE GSY opened at C$138.46 on Friday. The company has a debt ratio of 240.20, a current ratio of 16.00 and a quick ratio of 15.94. The stock’s 50-day simple moving average is C$107.39 and its 200-day simple moving average is C$122.88. The company has a market capitalization of C$2.19 billion and a PE ratio of 15.33. goeasy has a 1 year minimum of CA$95.00 and a 1 year maximum of CA$218.35.

goeasy (TSE:GSY – Get an assessment) last reported quarterly earnings data on Wednesday, May 11. The company reported earnings per share of C$2.72 for the quarter, missing analyst consensus estimates of C$2.78 by C$0.06. The company reported revenue of C$232.14 million in the quarter, compared to the consensus estimate of C$233.25 million. As a group, equity research analysts expect goeasy to post EPS of 14.3299989 for the current fiscal year.

Changes to analyst ratings

A d Investment trends

Investor Alert: Electric Vehicle Initiatives Create Unsustainable Demand for Lithium

Growing demand for lithium is fueled by global demand for electric vehicles (EVs). Lithium is ideal for electric cars. It is light, stores a lot of energy and is rechargeable. Sales of electric vehicles are expected to increase tenfold by 2030 and it is estimated that one in two cars sold will be electric by 2040.

A number of equity analysts have weighed in on GSY shares recently. Raymond James lowered his price target on goeasy shares from C$213.00 to C$202.00 and set a “strong buy” rating on the stock in a Friday, July 8 research report. National Bankshares raised its price target on goeasy from C$155.00 to C$170.00 and gave the stock an “outperform” rating in a research report on Thursday. TD Securities lowered its target price on goeasy from C$215.00 to C$195.00 and set a “buy” rating for the company in a Thursday, August 4 report. CIBC lowered its price target on goeasy shares from C$200.00 to C$180.00 and set an “outperform” rating for the company in a Thursday, May 12 report. Finally, Scotiabank reduced its target price on goeasy shares from C$170.00 to C$160.00 in a Friday, May 13 research note. One analyst gave the stock a hold rating, five gave the stock a buy rating and one gave the stock a high buy rating. According to data from MarketBeat, the stock currently has a consensus buy rating and a consensus target price of C$194.25.

Company Profile

(Get an assessment)

goeasy ltd. provides consumer leasing and loan services in Canada. The Company operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment provides unsecured and real estate secured installment loans; personal, real estate and car loans; point-of-sale and small business financing; and value-added services.

Featured articles

Dividend history for goeasy (TSE:GSY)

This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Before you consider goeasy, you’ll want to hear this.

MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market swells…and goeasy wasn’t on the list.

Although goeasy currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the five actions here


About Author

Comments are closed.