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Exchange Income (TSE:EIF) released its earnings data on Thursday. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.01, American Banking reports.

Shares of Exchange Income (TSE:EIF) opened at 18.77 on Thursday. Exchange Income has a 52 week low of $14.30 and a 52 week high of $25.64. The stock has a 50-day moving average of $19.44 and a 200-day moving average of $20.60. The company has a market cap of $409.4 million and a price-to-earnings ratio of 50.31.

The company also recently declared a Monthly dividend, which is scheduled for Friday, August 15th. Shareholders of record on Friday, August 15th will be given a dividend of $0.14 per share. This represents a yield of 9.14%. The ex-dividend date of this dividend is Tuesday, July 29th.

A number of analysts have recently weighed in on EIF shares. Analysts at Canaccord Genuity cut their price target on shares of Exchange Income to C$22.00 in a research note on Friday, July 18th. They now have a “buy” rating on the stock. On the ratings front, analysts at CIBC cut their price target on shares of Exchange Income from C$27.00 to C$26.75 in a research note on Thursday, July 10th. They now have a “sector outperform” rating on the stock. Finally, analysts at Edgecrest Capital upgraded shares of Exchange Income from a “buy” rating to a “strong-buy” rating in a research note on Thursday, June 19th. One research analyst has rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of C$25.84.

Exchange Income Corporation is a diversified acquisition-oriented company, focused on opportunities in the industrial products and transportation sectors.

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