Analysts Set ECN Capital Corp. (TSE:ECN) Price Target at C$2.68

Shares of ECN Capital Corp. (TSE:ECN) have earned a consensus rating of “Hold” from the five analysts that are presently covering the company, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is C$2.68.

A number of equities analysts have commented on the stock. National Bank Financial downgraded shares of ECN Capital from a “strong-buy” rating to a “hold” rating in a research note on Sunday, February 2nd. CIBC increased their price objective on ECN Capital from C$2.50 to C$3.50 and gave the stock a “neutral” rating in a research note on Thursday, January 30th.

ECN Capital Trading Up 1.0 %

TSE ECN opened at C$2.90 on Friday. The stock has a market cap of C$581.98 million, a PE ratio of -12.96, a PEG ratio of 0.24 and a beta of 1.35. ECN Capital has a 12 month low of C$1.60 and a 12 month high of C$3.52. The company’s 50-day moving average price is C$3.23 and its 200-day moving average price is C$2.73. The company has a current ratio of 13.28, a quick ratio of 3.81 and a debt-to-equity ratio of 304.13.

ECN Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 31st were issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 1.38%. The ex-dividend date was Friday, December 13th. ECN Capital’s payout ratio is -17.87%.

About ECN Capital

ECN Capital Corp. originates, manages, and advises on credit assets on behalf of its partners in North America. It operates in two segments, Manufactured Housing Finance; and Recreational Vehicle and Marine Finance. The company offers consumer loans, including manufactured housing, recreational vehicle, and marine loans; and commercial loans, such as inventory finance or floorplan loans.