goeasy Ltd. (TSE:GSY) Receives C$216.00 Consensus PT from Analysts

goeasy Ltd. (TSE:GSY) has been assigned an average recommendation of “Moderate Buy” from the nine ratings firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is C$216.00.

A number of analysts have weighed in on the stock. TD Securities set a C$199.00 target price on shares of goeasy and gave the company a “buy” rating in a research report on Wednesday, April 9th. Jefferies Financial Group cut their price objective on goeasy from C$222.00 to C$182.00 in a report on Monday, April 21st. Raymond James upped their target price on goeasy from C$230.00 to C$245.00 in a report on Tuesday, February 18th. Scotiabank dropped their target price on goeasy from C$240.00 to C$215.00 and set a “sector perform” rating for the company in a research report on Thursday, April 24th. Finally, BMO Capital Markets upgraded goeasy from a “market perform” rating to an “outperform” rating and reduced their price target for the stock from C$207.00 to C$200.00 in a report on Friday, March 14th.

goeasy Stock Down 1.3 %

Shares of GSY opened at C$155.41 on Friday. The firm has a 50 day simple moving average of C$153.84 and a two-hundred day simple moving average of C$166.35. The company has a debt-to-equity ratio of 287.63, a current ratio of 82.04 and a quick ratio of 28.46. goeasy has a one year low of C$134.01 and a one year high of C$206.02. The company has a market cap of C$2.61 billion, a P/E ratio of 9.45, a P/E/G ratio of 0.84 and a beta of 1.87.

goeasy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Friday, April 11th were paid a $1.46 dividend. This represents a $5.84 dividend on an annualized basis and a yield of 3.76%. The ex-dividend date of this dividend was Friday, March 28th. This is a boost from goeasy’s previous quarterly dividend of $1.17. goeasy’s dividend payout ratio (DPR) is 28.45%.

About goeasy

goeasy Ltd. provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. It offers unsecured and secured installment loans; home equity secured instalment loans and automotive vehicle financing; and loans to finance the purchase of retail goods, powersports and recreational vehicles, home improvement projects, and healthcare related products and services.