ECN Capital FY2025 EPS Cut by National Bank Financial

ECN Capital Corp. (TSE:ECN) – Equities researchers at National Bank Financial dropped their FY2025 earnings estimates for ECN Capital in a note issued to investors on Tuesday, October 29th. National Bank Financial analyst J. Gloyn now anticipates that the company will post earnings per share of $0.18 for the year, down from their prior estimate of $0.19. The consensus estimate for ECN Capital’s current full-year earnings is $0.24 per share.

ECN has been the topic of a number of other research reports. BMO Capital Markets raised their price target on ECN Capital from C$2.00 to C$2.35 in a research note on Friday, August 9th. National Bankshares raised their target price on shares of ECN Capital from C$2.25 to C$2.50 in a research report on Thursday, August 8th. Finally, CIBC upped their price target on shares of ECN Capital from C$2.00 to C$2.25 in a research report on Thursday, August 8th. Five investment analysts have rated the stock with a hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of C$2.48.

ECN Capital Stock Performance

Shares of ECN stock opened at C$2.21 on Friday. The stock’s 50-day moving average is C$2.14 and its two-hundred day moving average is C$1.95. The company has a debt-to-equity ratio of 383.08, a quick ratio of 3.81 and a current ratio of 10.77. ECN Capital has a 1 year low of C$1.60 and a 1 year high of C$3.10. The firm has a market cap of C$621.28 million, a price-to-earnings ratio of -6.70, a PEG ratio of 0.24 and a beta of 1.35.

ECN Capital (TSE:ECN) last posted its earnings results on Wednesday, August 7th. The company reported C$0.04 EPS for the quarter, meeting analysts’ consensus estimates of C$0.04. ECN Capital had a negative net margin of 55.01% and a negative return on equity of 33.69%. The firm had revenue of C$79.37 million for the quarter, compared to the consensus estimate of C$75.42 million.

ECN Capital Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Tuesday, October 1st were paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 1.81%. The ex-dividend date of this dividend was Friday, September 13th. ECN Capital’s dividend payout ratio (DPR) is presently -12.12%.

ECN Capital Company Profile

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.