FY2025 EPS Estimates for Exchange Income Boosted by Analyst

Exchange Income Co. (TSE:EIF) – Equities research analysts at National Bank Financial upped their FY2025 EPS estimates for shares of Exchange Income in a note issued to investors on Tuesday, October 15th. National Bank Financial analyst C. Doerksen now forecasts that the company will earn $3.81 per share for the year, up from their previous estimate of $3.72. The consensus estimate for Exchange Income’s current full-year earnings is $4.00 per share.

Exchange Income (TSE:EIF) last issued its quarterly earnings data on Thursday, August 8th. The company reported C$0.80 EPS for the quarter, topping the consensus estimate of C$0.78 by C$0.02. The business had revenue of C$660.58 million during the quarter, compared to analyst estimates of C$677.10 million. Exchange Income had a net margin of 4.44% and a return on equity of 9.38%.

A number of other equities analysts also recently issued reports on the company. Canaccord Genuity Group increased their price objective on Exchange Income from C$66.00 to C$68.00 and gave the stock a “buy” rating in a report on Monday, August 12th. CIBC increased their price target on shares of Exchange Income from C$61.50 to C$62.50 and gave the stock an “outperform” rating in a research note on Monday, August 12th. ATB Capital boosted their price objective on shares of Exchange Income from C$66.00 to C$67.00 and gave the stock an “outperform” rating in a research note on Monday, August 12th. Finally, TD Securities raised their target price on shares of Exchange Income from C$65.00 to C$69.00 and gave the company a “buy” rating in a research note on Monday, August 12th. Seven equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Exchange Income presently has an average rating of “Buy” and an average price target of C$65.28.

Exchange Income Stock Up 0.3 %

Shares of TSE:EIF opened at C$56.18 on Friday. The company has a debt-to-equity ratio of 171.03, a quick ratio of 1.13 and a current ratio of 1.77. Exchange Income has a 52-week low of C$42.05 and a 52-week high of C$56.53. The firm has a market capitalization of C$2.67 billion, a P/E ratio of 23.21, a P/E/G ratio of 1.42 and a beta of 2.04. The stock has a 50 day moving average price of C$50.27 and a 200-day moving average price of C$47.80.

Exchange Income Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be paid a $0.22 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $2.64 annualized dividend and a dividend yield of 4.70%. Exchange Income’s dividend payout ratio is presently 109.09%.

About Exchange Income

Exchange Income Corporation, together with its subsidiaries, engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. The company Aerospace & Aviation, and Manufacturing segments. The Aerospace & Aviation segment offers fixed wing and rotary wing, medevac, passenger, charter, freight, and auxiliary services; and operates two flight schools and trains pilots.