goeasy (GSY) Set to Announce Earnings on Thursday

goeasy (TSE:GSY) is scheduled to be announcing its earnings results after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of C$4.14 per share for the quarter.

goeasy (TSE:GSY) last released its earnings results on Thursday, August 8th. The company reported C$4.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$4.01 by C$0.09. The business had revenue of C$377.80 million during the quarter, compared to the consensus estimate of C$372.40 million. goeasy had a return on equity of 25.28% and a net margin of 33.40%.

goeasy Price Performance

Shares of TSE GSY opened at C$178.63 on Wednesday. The stock has a market cap of C$3.00 billion, a PE ratio of 11.62, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87. goeasy has a fifty-two week low of C$116.48 and a fifty-two week high of C$206.02. The company has a debt-to-equity ratio of 289.31, a quick ratio of 28.46 and a current ratio of 15.97. The stock has a fifty day moving average of C$180.96 and a 200-day moving average of C$183.77.

goeasy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 11th. Stockholders of record on Friday, October 11th were given a $1.17 dividend. This represents a $4.68 annualized dividend and a dividend yield of 2.62%. The ex-dividend date of this dividend was Friday, September 27th. goeasy’s dividend payout ratio (DPR) is presently 30.45%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. National Bankshares lifted their price target 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. Scotiabank lifted their price target on goeasy from C$215.00 to C$222.00 in a research report on Friday, August 9th. Desjardins reduced their price target on goeasy from C$215.00 to C$210.00 and set a “buy” rating for the company in a research report on Wednesday, October 23rd. Finally, BMO Capital Markets lowered goeasy from an “outperform” rating to a “market perform” rating and dropped their price objective for the company from C$218.00 to C$202.00 in a research note on Tuesday, October 22nd. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of C$219.33.

Insider Transactions at goeasy

In other news, Senior Officer Jason Mullins sold 4,500 shares of goeasy stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of C$188.00, for a total value of C$846,000.00. Company 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.