goeasy Ltd. (TSE:GSY) Expected to Earn FY2023 Earnings of $14.31 Per Share

goeasy Ltd. (TSE:GSYGet Rating) – Research analysts at Desjardins cut their FY2023 earnings estimates for goeasy in a note issued to investors on Monday, November 21st. Desjardins analyst G. Ho now forecasts that the company will post earnings of $14.31 per share for the year, down from their prior estimate of $14.40. The consensus estimate for goeasy’s current full-year earnings is $14.46 per share. Desjardins also issued estimates for goeasy’s FY2024 earnings at $17.51 EPS.

GSY has been the topic of several other reports. CIBC increased their price objective on shares of goeasy from C$160.00 to C$180.00 and gave the company an “outperform” rating in a report on Friday, November 11th. Raymond James upped their price target on goeasy from C$202.00 to C$205.00 and gave the company a “strong-buy” rating in a research note on Friday, November 11th. TD Securities set a C$200.00 price objective on shares of goeasy and gave the stock a “buy” rating in a research note on Monday. National Bankshares set a C$175.00 target price on shares of goeasy and gave the stock an “outperform” rating in a report on Monday. Finally, Cormark reduced their price target on shares of goeasy from C$190.00 to C$180.00 in a research report on Tuesday. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of C$191.29.

goeasy Stock Performance

Shares of TSE:GSY opened at C$122.53 on Thursday. The company has a current ratio of 28.55, a quick ratio of 28.46 and a debt-to-equity ratio of 277.31. goeasy has a 1-year low of C$95.00 and a 1-year high of C$188.75. The stock has a market capitalization of C$1.95 billion and a P/E ratio of 12.79. The business has a 50-day moving average price of C$112.85 and a two-hundred day moving average price of C$113.08.

goeasy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 13th. Shareholders of record on Friday, December 30th will be given a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a yield of 2.97%. The ex-dividend date of this dividend is Thursday, December 29th. goeasy’s dividend payout ratio (DPR) is currently 35.39%.

About goeasy

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goeasy Ltd. provides non-prime leasing and lending services to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. The Easyfinancial segment provides unsecured and real estate secured installment loans; personal, home equity, and auto loans; point-of-sale and small business financing; and value-added services.

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Earnings History and Estimates for goeasy (TSE:GSY)

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