Desjardins Issues Pessimistic Forecast for goeasy Earnings

goeasy Ltd. (TSE:GSY) – Research analysts at Desjardins cut their FY2025 EPS estimates for goeasy in a research note issued on Sunday, November 10th. Desjardins analyst G. Ho now anticipates that the company will post earnings of $19.68 per share for the year, down from their previous forecast of $19.73. Desjardins has a “Buy” rating and a $210.00 price objective on the stock. The consensus estimate for goeasy’s current full-year earnings is $20.32 per share. Desjardins also issued estimates for goeasy’s FY2026 earnings at $22.85 EPS.

Other research analysts have also recently issued research reports about the company. National Bankshares lifted their target price on goeasy from C$235.00 to C$240.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. BMO Capital Markets upped their price objective on shares of goeasy from C$202.00 to C$207.00 in a research report on Monday. Finally, Scotiabank raised their target price on shares of goeasy from C$215.00 to C$222.00 in a research report on Friday, August 9th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$219.89.

goeasy Price Performance

goeasy stock opened at C$178.25 on Tuesday. The company has a debt-to-equity ratio of 289.31, a quick ratio of 28.46 and a current ratio of 15.97. goeasy has a 52 week low of C$121.33 and a 52 week high of C$206.02. The stock has a market capitalization of C$2.99 billion, a P/E ratio of 11.60, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87. The stock has a fifty day moving average of C$179.97 and a 200-day moving average of C$184.04.

goeasy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, December 27th will be issued a dividend of $1.17 per share. This represents a $4.68 annualized dividend and a yield of 2.63%. The ex-dividend date of this dividend is Friday, December 27th. goeasy’s payout ratio is presently 30.45%.

Insider Buying and Selling at goeasy

In other news, Senior Officer Jason Mullins sold 4,500 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of C$188.00, for a total transaction of C$846,000.00. Corporate insiders own 22.05% of the company’s stock.

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.