Q1 Earnings Estimate for Propel Issued By Ventum Cap Mkts

Propel Holdings Inc. (TSE:PRL) – Research analysts at Ventum Cap Mkts decreased their Q1 2025 earnings per share estimates for Propel in a report issued on Thursday, March 13th. Ventum Cap Mkts analyst R. Goff now anticipates that the company will post earnings per share of $0.69 for the quarter, down from their previous forecast of $0.75. The consensus estimate for Propel’s current full-year earnings is $5.39 per share. Ventum Cap Mkts also issued estimates for Propel’s Q2 2025 earnings at $0.79 EPS.

Other equities analysts have also issued research reports about the company. Raymond James decreased their price target on Propel from C$52.00 to C$44.00 and set an “outperform” rating for the company in a research report on Thursday, March 13th. Scotiabank decreased their price target on Propel from C$45.00 to C$44.00 and set an “outperform” rating for the company in a research report on Thursday, March 13th. Three research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Strong Buy” and a consensus target price of $42.75.

Propel Stock Down 2.1 %

Shares of PRL stock opened at $23.15 on Monday. Propel has a fifty-two week low of $14.97 and a fifty-two week high of $43.36. The stock has a market capitalization of $644.52 million, a P/E ratio of 14.32 and a beta of 1.75. The stock has a 50-day simple moving average of $33.31 and a 200 day simple moving average of $33.65.

Propel Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Wednesday, March 5th were paid a $0.66 dividend. This is an increase from Propel’s previous quarterly dividend of $0.15. This represents a $2.64 annualized dividend and a yield of 11.40%. The ex-dividend date of this dividend was Wednesday, February 19th. Propel’s dividend payout ratio is currently 34.64%.

Insider Buying and Selling

In related news, Senior Officer Cindy Usprech sold 5,600 shares of the stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $36.13, for a total value of $202,345.92. Also, Senior Officer Noah Buchman sold 18,800 shares of the stock in a transaction dated Tuesday, December 24th. The stock was sold at an average price of $37.40, for a total value of $703,120.00. Company insiders own 33.31% of the company’s stock.

About Propel

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.