Desjardins Has Pessimistic Outlook of goeasy FY2025 Earnings

goeasy Ltd. (TSE:GSY) – Equities researchers at Desjardins decreased their FY2025 earnings estimates for goeasy in a report released on Sunday, November 10th. Desjardins analyst G. Ho now expects that the company will post earnings per share of $19.68 for the year, down from their previous forecast of $19.73. Desjardins has a “Buy” rating and a $210.00 price objective on the stock. The consensus estimate for goeasy’s current full-year earnings is $20.32 per share. Desjardins also issued estimates for goeasy’s FY2026 earnings at $22.85 EPS.

GSY has been the subject of a number of other research reports. National Bankshares raised their price target on shares of goeasy from C$235.00 to C$240.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Scotiabank raised their price objective on goeasy from C$215.00 to C$222.00 in a research note on Friday, August 9th. Finally, BMO Capital Markets raised their price objective on goeasy from C$202.00 to C$207.00 in a research note on Monday. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, goeasy currently has a consensus rating of “Moderate Buy” and an average target price of C$219.89.

goeasy Stock Down 0.7 %

Shares of TSE:GSY opened at C$177.94 on Tuesday. The company has a quick ratio of 28.46, a current ratio of 15.97 and a debt-to-equity ratio of 289.31. goeasy has a 52-week low of C$121.33 and a 52-week high of C$206.02. The company has a 50 day moving average of C$180.20 and a two-hundred day moving average of C$184.02. The company has a market capitalization of C$2.99 billion, a price-to-earnings ratio of 11.58, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87.

Insider Activity at goeasy

In other goeasy news, Senior Officer Jason Mullins sold 4,500 shares of the company’s stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of C$188.00, for a total transaction of C$846,000.00. 22.05% of the stock is currently owned by company insiders.

goeasy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Friday, December 27th will be paid a $1.17 dividend. The ex-dividend date of this dividend is Friday, December 27th. This represents a $4.68 annualized dividend and a dividend yield of 2.63%. goeasy’s payout ratio is 30.45%.

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.