ECN Capital Corp. Forecasted to Earn Q1 2025 Earnings of $0.03 Per Share (TSE:ECN)

ECN Capital Corp. (TSE:ECN) – Investment analysts at National Bank Financial lifted their Q1 2025 EPS estimates for ECN Capital in a research note issued to investors on Wednesday, August 7th. National Bank Financial analyst J. Gloyn now expects that the company will post earnings of $0.03 per share for the quarter, up from their previous estimate of $0.01. The consensus estimate for ECN Capital’s current full-year earnings is $0.17 per share.

A number of other research firms have also recently weighed in on ECN. BMO Capital Markets lifted their price target on ECN Capital from C$2.00 to C$2.35 in a report on Friday, August 9th. National Bankshares raised their target price on ECN Capital from C$2.25 to C$2.50 in a research report on Thursday, August 8th. TD Securities reduced their price target on ECN Capital from C$2.75 to C$2.00 and set a “hold” rating for the company in a research report on Friday, May 3rd. Finally, CIBC raised their price target on ECN Capital from C$2.00 to C$2.25 in a report on Thursday, August 8th. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of C$2.48.

ECN Capital Stock Performance

Shares of TSE:ECN opened at C$2.10 on Monday. ECN Capital has a fifty-two week low of C$1.60 and a fifty-two week high of C$3.10. The company has a quick ratio of 3.81, a current ratio of 11.69 and a debt-to-equity ratio of 447.65. The company has a market cap of C$590.35 million, a PE ratio of -3.50, a P/E/G ratio of 0.24 and a beta of 1.25. The company’s 50-day moving average price is C$1.86 and its 200 day moving average price is C$2.06.

ECN Capital Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Friday, September 13th will be given a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 1.90%. The ex-dividend date is Friday, September 13th. ECN Capital’s dividend payout ratio (DPR) is presently -6.67%.

Insider Transactions at ECN Capital

In other news, Director Karen Lynne Martin bought 25,000 shares of the firm’s stock in a transaction that occurred on Friday, May 17th. The stock was acquired at an average price of C$1.88 per share, with a total value of C$46,887.50. Company insiders own 18.43% of the company’s stock.

About ECN Capital

ECN Capital Corp. originates, manages, and advises on credit assets on behalf of its partners in North America. It operates in two segments, Manufactured Housing Finance; and Recreational Vehicle and Marine Finance. The company offers consumer loans, including manufactured housing, recreational vehicle, and marine loans; and commercial loans, such as inventory finance or floorplan loans.