Exchange Income Co. (TSE:EIF) Director Serena Kraayeveld purchased 1,000 shares of the firm’s stock in a transaction on Friday, July 21st. The stock was acquired at an average cost of C$29.48 per share, with a total value of C$29,480.00.

Shares of Exchange Income Co. (EIF) traded down 3.13% during midday trading on Friday, reaching $29.38. 595,921 shares of the company were exchanged. Exchange Income Co. has a 52-week low of $28.63 and a 52-week high of $45.28. The company has a market capitalization of $914.98 million and a PE ratio of 15.12. The stock’s 50-day moving average price is $31.89 and its 200-day moving average price is $36.66.

The company also recently declared a monthly dividend, which will be paid on Tuesday, August 15th. Investors of record on Monday, July 31st will be issued a dividend of $0.175 per share. This represents a $2.10 dividend on an annualized basis and a yield of 7.15%. This is a positive change from Exchange Income’s previous monthly dividend of $0.16. The ex-dividend date of this dividend is Thursday, July 27th.

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Several equities research analysts have recently issued reports on the stock. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a C$38.00 price objective on shares of Exchange Income in a research report on Friday, July 7th. TD Securities raised shares of Exchange Income from a “hold” rating to a “buy” rating and lifted their price objective for the stock from C$44.00 to C$45.00 in a research report on Thursday, May 11th. Scotiabank decreased their price objective on shares of Exchange Income from C$44.00 to C$43.00 and set an “outperform” rating for the company in a research report on Thursday, May 11th. Canaccord Genuity decreased their price objective on shares of Exchange Income from C$49.00 to C$44.00 and set a “buy” rating for the company in a research report on Thursday, May 11th. Finally, CIBC decreased their price objective on shares of Exchange Income from C$39.00 to C$35.00 and set a “neutral” rating for the company in a research report on Friday. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of C$43.89.

Exchange Income Company Profile

Exchange Income Corporation is focused on opportunities in aerospace and aviation services and equipment, and manufacturing. The Company operates through two segments: Aviation and Manufacturing. The Aviation segment provides scheduled airline and charter service, and emergency medical services to communities located in Manitoba, Ontario and Nunavut.

Insider Buying and Selling by Quarter for Exchange Income (TSE:EIF)

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