goeasy Ltd (TSE:GSY) Director David Ingram sold 49,886 shares of the company’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of C$72.83, for a total transaction of C$3,633,197.38. Following the transaction, the director now owns 426,701 shares in the company, valued at C$31,076,633.83.

GSY stock opened at C$50.54 on Monday. The company’s 50 day simple moving average is C$68.38 and its 200-day simple moving average is C$64.58. The firm has a market capitalization of $725.05 million and a PE ratio of 12.11. goeasy Ltd has a 12 month low of C$40.50 and a 12 month high of C$80.61. The company has a debt-to-equity ratio of 279.20, a current ratio of 17.25 and a quick ratio of 17.14.

goeasy (TSE:GSY) last released its quarterly earnings results on Wednesday, February 12th. The company reported C$1.45 EPS for the quarter, missing the consensus estimate of C$1.48 by C($0.03). The firm had revenue of C$165.54 million for the quarter, compared to analyst estimates of C$166.97 million. As a group, sell-side analysts anticipate that goeasy Ltd will post 8.8900006 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Friday, April 10th will be given a $0.45 dividend. The ex-dividend date of this dividend is Thursday, March 26th. This is a positive change from goeasy’s previous quarterly dividend of $0.31. This represents a $1.80 annualized dividend and a dividend yield of 3.56%. goeasy’s dividend payout ratio is currently 43.12%.

Several research analysts have weighed in on the stock. BMO Capital Markets upped their target price on shares of goeasy from C$75.00 to C$80.00 in a research report on Thursday, February 13th. National Bank Financial increased their price target on shares of goeasy from C$75.00 to C$87.00 and gave the company an “outperform” rating in a research report on Friday, February 7th.

goeasy Company Profile

goeasy Ltd. provides loans and other financial services to consumers in Canada. It also leases household products to consumers. The company operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment provides unsecured and real estate secured installment loans, and secured saving loans; loan protection plans; and an optional home and auto benefits product, which offers road side assistance and a suite of other support services, as well as credit monitoring services.

Featured Article: Strangles



Receive News & Ratings for goeasy Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for goeasy and related companies with MarketBeat.com’s FREE daily email newsletter.



Source link