ECN Capital Corp. (TSE:ECN – Free Report) – Analysts at Raymond James dropped their FY2023 earnings estimates for ECN Capital in a research report issued on Tuesday, November 14th. Raymond James analyst S. Boland now anticipates that the company will post earnings per share of ($0.09) for the year, down from their previous estimate of ($0.05). The consensus estimate for ECN Capital’s current full-year earnings is $0.29 per share.
ECN Capital (TSE:ECN – Get Free Report) last posted its quarterly earnings results on Monday, August 14th. The company reported C$0.01 earnings per share for the quarter, missing the consensus estimate of C$0.06 by C($0.05). ECN Capital had a negative return on equity of 24.88% and a negative net margin of 36.95%. The business had revenue of C$50.95 million during the quarter, compared to analysts’ expectations of C$88.44 million.
ECN Capital Price Performance
ECN Capital stock opened at C$2.09 on Friday. ECN Capital has a 12-month low of C$1.65 and a 12-month high of C$3.66. The stock has a market cap of C$583.80 million, a P/E ratio of -7.21, a PEG ratio of 0.24 and a beta of 1.15. The company has a 50-day moving average price of C$2.25 and a 200 day moving average price of C$2.62. The company has a current ratio of 9.65, a quick ratio of 3.81 and a debt-to-equity ratio of 709.37.
Insider Activity at ECN Capital
In other ECN Capital news, Director Steven Kenneth Hudson acquired 250,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 15th. The stock was purchased at an average price of C$2.09 per share, for a total transaction of C$522,750.00. Company insiders own 7.94% of the company’s stock.
ECN Capital Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Friday, December 15th will be given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.91%. The ex-dividend date of this dividend is Thursday, December 14th. ECN Capital’s dividend payout ratio is presently -13.79%.
ECN Capital Company Profile
ECN Capital Corp. originates, manages, and advises on credit assets on behalf of its partners in North America. It operates through two segments, Manufactured Housing Finance; and Recreational Vehicle and Marine Finance. The company provides consumer loans, including manufactured housing, recreational vehicle, and marine loans; and commercial loans, such as inventory finance or floorplan loans.
- Five stocks we like better than ECN Capital
- What Does the Consumer Price Index Measure?
- Williams-Sonoma is a steal for buy-and-hold investors
- How to Invest in Small Cap Stocks
- A closer look at Warren Buffett’s latest surprise purchase
- Investing in Construction Stocks
- GE stock surges to six-year high: What’s behind the move?
Receive News & Ratings for ECN Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ECN Capital and related companies with MarketBeat.com's FREE daily email newsletter.