goeasy (GSY) to Release Quarterly Earnings on Tuesday

goeasy (TSE:GSY) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of C$3.80 per share for the quarter.

goeasy (TSE:GSY) last posted its quarterly earnings data on Tuesday, February 13th. The company reported C$4.01 earnings per share for the quarter, topping analysts’ consensus estimates of C$3.92 by C$0.09. goeasy had a net margin of 33.21% and a return on equity of 25.77%. The firm had revenue of C$338.11 million during the quarter, compared to analysts’ expectations of C$340.35 million.

goeasy Stock Performance

goeasy stock remained flat at C$180.50 during trading on Tuesday. 15,726 shares of the company traded hands, compared to its average volume of 39,881. goeasy has a 12-month low of C$87.00 and a 12-month high of C$180.55. The company has a current ratio of 15.62, a quick ratio of 28.46 and a debt-to-equity ratio of 278.25. The company has a fifty day simple moving average of C$166.16 and a 200 day simple moving average of C$151.38. The stock has a market cap of C$3.00 billion, a PE ratio of 12.47, a price-to-earnings-growth ratio of 0.84 and a beta of 2.03.

goeasy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 12th. Shareholders of record on Friday, March 29th were paid a $1.17 dividend. This is an increase from goeasy’s previous quarterly dividend of $0.96. The ex-dividend date was Wednesday, March 27th. This represents a $4.68 annualized dividend and a dividend yield of 2.59%. goeasy’s payout ratio is 32.32%.

Insider Buying and Selling at goeasy

In other news, Director David Ingram sold 30,000 shares of the stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of C$157.58, for a total transaction of C$4,727,400.00. 22.53% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on GSY shares. Desjardins lifted their price objective on shares of goeasy from C$185.00 to C$190.00 and gave the stock a “buy” rating in a research report on Monday, April 22nd. Raymond James boosted their price target on shares of goeasy from C$166.00 to C$200.00 and gave the stock an “outperform” rating in a research note on Thursday, February 15th. Royal Bank of Canada upped their price objective on shares of goeasy from C$195.00 to C$201.00 and gave the company an “outperform” rating in a research note on Monday. National Bankshares increased their price target on shares of goeasy from C$190.00 to C$195.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 14th. Finally, BMO Capital Markets increased their price target on shares of goeasy from C$187.00 to C$192.00 and gave the stock an “outperform” rating in a research note on Thursday, February 15th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of C$192.56.

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.