goeasy Ltd. (TSE:GSY) to Issue Dividend Increase – $1.46 Per Share

goeasy Ltd. (TSE:GSY) declared a quarterly dividend on Friday, March 28th, TickerTech Dividends reports. Shareholders of record on Friday, April 11th will be paid a dividend of 1.46 per share on Friday, April 11th. This represents a $5.84 dividend on an annualized basis and a yield of 3.81%. The ex-dividend date is Friday, March 28th. This is a 24.8% increase from goeasy’s previous quarterly dividend of $1.17.

goeasy Trading Down 0.3 %

goeasy stock traded down C$0.41 during mid-day trading on Wednesday, hitting C$153.14. The stock had a trading volume of 3,211 shares, compared to its average volume of 74,688. The stock has a 50-day simple moving average of C$166.93 and a two-hundred day simple moving average of C$171.83. The company has a current ratio of 82.04, a quick ratio of 28.46 and a debt-to-equity ratio of 287.63. The stock has a market capitalization of C$2.57 billion, a PE ratio of 9.31, a P/E/G ratio of 0.84 and a beta of 1.87. goeasy has a 12 month low of C$140.73 and a 12 month high of C$206.02.

Analyst Ratings Changes

A number of research firms recently weighed in on GSY. Jefferies Financial Group dropped their price target on shares of goeasy from C$228.00 to C$215.00 and set a “buy” rating for the company in a research note on Tuesday, February 11th. BMO Capital Markets raised goeasy from a “market perform” rating to an “outperform” rating and cut their price target for the company from C$207.00 to C$200.00 in a research note on Friday, March 14th. Finally, Raymond James lifted their price objective on goeasy from C$230.00 to C$245.00 in a research note on Tuesday, February 18th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of C$223.00.

About goeasy

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.