Roth Capital Weighs in on Propel Holdings Inc.’s FY2024 Earnings (TSE:PRL)

Propel Holdings Inc. (TSE:PRL) – Research analysts at Roth Capital raised their FY2024 earnings per share estimates for shares of Propel in a research note issued to investors on Friday, August 9th. Roth Capital analyst C. Irwin now anticipates that the company will post earnings per share of $2.12 for the year, up from their previous estimate of $2.06. The consensus estimate for Propel’s current full-year earnings is $3.11 per share. Roth Capital also issued estimates for Propel’s FY2025 earnings at $2.74 EPS.

Separately, Scotiabank boosted their price target on Propel from C$26.50 to C$28.00 in a research note on Thursday, August 8th.

Propel Stock Up 2.2 %

TSE PRL opened at $25.79 on Monday. Propel has a 12-month low of $7.07 and a 12-month high of $29.89. The firm has a 50-day moving average price of $23.48 and a two-hundred day moving average price of $17.53. The company has a market capitalization of $886.40 million, a P/E ratio of 17.79 and a beta of 1.81.

Propel Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 5th. Investors of record on Thursday, September 5th will be issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 2.17%. The ex-dividend date is Friday, August 16th. Propel’s dividend payout ratio (DPR) is presently 38.62%.

Propel Company Profile

Propel Holdings Inc operates as a financial technology company. The company's lending platform facilitates to credit products, such as installment loans and lines of credit under the MoneyKey, CreditFresh, and Fora Credit brands to American consumers. It also offers marketing, analytics, and loan servicing services.