Exchange Income Co. (TSE:EIF) Director Gary Buckley purchased 3,000 shares of Exchange Income stock in a transaction on Tuesday, August 15th. The shares were acquired at an average cost of C$29.60 per share, for a total transaction of C$88,800.00.

Gary Buckley also recently made the following trade(s):

  • On Monday, August 14th, Gary Buckley purchased 3,300 shares of Exchange Income stock. The shares were acquired at an average cost of C$29.96 per share, for a total transaction of C$98,868.00.

Exchange Income Co. (EIF) traded up 0.47% during mid-day trading on Wednesday, hitting $29.78. 76,994 shares of the stock were exchanged. The stock has a market cap of $920.53 million and a price-to-earnings ratio of 13.88. Exchange Income Co. has a 52 week low of $25.80 and a 52 week high of $45.28. The company has a 50 day moving average price of $30.23 and a 200 day moving average price of $35.04.

The business also recently announced a monthly dividend, which was paid on Tuesday, August 15th. Shareholders of record on Monday, July 31st were given a dividend of $0.175 per share. The ex-dividend date was Thursday, July 27th. This represents a $2.10 dividend on an annualized basis and a yield of 7.05%. This is a boost from Exchange Income’s previous monthly dividend of $0.16.

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A number of brokerages have weighed in on EIF. TD Securities reduced their price target on shares of Exchange Income from C$45.00 to C$42.00 and set a “buy” rating on the stock in a research report on Monday, July 24th. Scotiabank reduced their price target on shares of Exchange Income from C$43.00 to C$42.00 and set an “outperform” rating on the stock in a research report on Friday, July 21st. CIBC reduced their price target on shares of Exchange Income from C$39.00 to C$35.00 and set a “neutral” rating on the stock in a research report on Friday, July 21st. Canaccord Genuity reduced their price target on shares of Exchange Income from C$44.00 to C$42.00 and set a “buy” rating on the stock in a research report on Friday, July 21st. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a C$38.00 price target on shares of Exchange Income in a research report on Friday, July 7th. Two investment 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. Exchange Income currently has a consensus rating of “Buy” and a consensus price target of C$43.56.

About Exchange Income

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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