goeasy Ltd. (GSY) to Distribute Quarterly Dividend of $1.17 on October 11th

goeasy Ltd. (TSE:GSY) announced a quarterly dividend on Friday, September 27th, Zacks reports. Stockholders of record on Friday, October 11th will be given a dividend of 1.17 per share on Friday, October 11th. This represents a $4.68 dividend on an annualized basis and a dividend yield of 2.63%. The ex-dividend date of this dividend is Friday, September 27th.

goeasy Stock Performance

TSE GSY opened at C$178.06 on Wednesday. The company has a market capitalization of C$2.99 billion, a PE ratio of 11.57, a price-to-earnings-growth ratio of 0.84 and a beta of 1.89. The company has a debt-to-equity ratio of 289.31, a quick ratio of 28.46 and a current ratio of 15.97. goeasy has a 52-week low of C$101.34 and a 52-week high of C$206.02. The company has a 50-day simple moving average of C$187.54 and a 200 day simple moving average of C$180.69.

goeasy (TSE:GSY) last released its earnings results on Thursday, August 8th. The company reported C$4.10 earnings per share for the quarter, beating analysts’ consensus estimates of C$4.01 by C$0.09. The firm had revenue of C$377.80 million during the quarter, compared to the consensus estimate of C$372.40 million. goeasy had a net margin of 33.40% and a return on equity of 25.28%. On average, research analysts predict that goeasy will post 20.3370787 EPS for the current year.

Insider Activity at goeasy

In related news, Senior Officer Jason Mullins sold 4,500 shares of the company’s stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of C$188.00, for a total value of C$846,000.00. 22.06% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on GSY. Scotiabank raised their target price on goeasy from C$215.00 to C$222.00 in a research report on Friday, August 9th. BMO Capital Markets boosted their price objective on goeasy from C$215.00 to C$218.00 and gave the company an “outperform” rating in a research note on Monday, August 12th. Finally, National Bankshares increased their target price on shares of goeasy from C$210.00 to C$235.00 and gave the stock an “outperform” rating in a research report on Monday, July 29th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, goeasy currently has a consensus rating of “Moderate Buy” and a consensus price target of C$220.00.

goeasy Company Profile

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.