Cormark Issues Pessimistic Estimate for goeasy Earnings

goeasy Ltd. (TSE:GSY) – Equities researchers at Cormark dropped their Q4 2026 earnings estimates for goeasy in a research note issued on Thursday, November 6th. Cormark analyst J. Fenwick now expects that the company will post earnings per share of $5.48 for the quarter, down from their prior forecast of $5.56. The consensus estimate for goeasy’s current full-year earnings is $20.32 per share. Cormark also issued estimates for goeasy’s Q1 2027 earnings at $5.87 EPS, Q2 2027 earnings at $5.99 EPS, Q3 2027 earnings at $6.90 EPS and FY2027 earnings at $25.64 EPS.

Other research analysts also recently issued reports about the company. TD Securities increased their price objective on goeasy from C$205.00 to C$210.00 and gave the stock a “buy” rating in a report on Thursday, August 7th. Jefferies Financial Group decreased their price target on shares of goeasy from C$230.00 to C$225.00 in a research note on Tuesday. Scotiabank raised shares of goeasy from a “hold” rating to an “outperform” rating and set a C$225.00 price target on the stock in a research report on Thursday, October 16th. National Bankshares decreased their price target on goeasy from C$265.00 to C$245.00 in a research note on Thursday. Finally, BMO Capital Markets dropped their price objective on goeasy from C$232.00 to C$226.00 in a research note on Thursday. Six analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, goeasy has a consensus rating of “Moderate Buy” and an average price target of C$217.88.

goeasy Stock Down 4.0%

Shares of GSY traded down C$5.34 during midday trading on Friday, hitting C$128.92. The stock had a trading volume of 112,814 shares, compared to its average volume of 74,031. The company has a 50 day simple moving average of C$179.71 and a two-hundred day simple moving average of C$173.35. goeasy has a twelve month low of C$128.70 and a twelve month high of C$216.50. The firm has a market cap of C$2.07 billion, a price-to-earnings ratio of 7.76, a price-to-earnings-growth ratio of 0.84 and a beta of 0.92. 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 Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, October 10th. Investors of record on Friday, October 10th were issued a dividend of $1.46 per share. The ex-dividend date of this dividend was Friday, September 26th. This represents a $5.84 annualized dividend and a dividend yield of 4.5%. goeasy’s payout ratio is presently 31.67%.

About goeasy

goeasy Ltd provides financial services to own furniture, electronics, computers, and appliances. It offers merchandise leasing of household furnishings, appliances, and home electronic products to consumers under weekly or monthly leasing agreements. The company also offers unsecured installment loans to consumers.