goeasy Ltd (GSY) to Post Q1 2018 Earnings of $0.85 Per Share, Cormark Forecasts

goeasy Ltd (TSE:GSY) – Investment analysts at Cormark upped their Q1 2018 earnings per share estimates for goeasy in a note issued to investors on Wednesday. Cormark analyst J. Fenwick now anticipates that the company will post earnings per share of $0.85 for the quarter, up from their prior forecast of $0.84. Cormark also issued estimates for goeasy’s Q3 2018 earnings at $1.03 EPS.

Separately, Raymond James Financial, Inc. decreased their price objective on shares of goeasy from C$41.00 to C$34.00 and set an “outperform” rating for the company in a report on Monday, July 17th.

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Shares of goeasy (TSE GSY) traded up 1.47% during mid-day trading on Friday, reaching $31.78. 30,343 shares of the company were exchanged. The firm has a market capitalization of $423.53 million and a price-to-earnings ratio of 13.69. goeasy has a 12 month low of $20.97 and a 12 month high of $36.78. The company’s 50-day moving average is $29.47 and its 200 day moving average is $29.92.

In other goeasy news, insider Shane Pennell acquired 2,000 shares of the firm’s stock in a transaction on Wednesday, August 16th. The stock was purchased at an average price of C$26.26 per share, with a total value of C$52,520.00. Also, Director David Ingram acquired 1,500 shares of the firm’s stock in a transaction on Monday, August 28th. The stock was acquired at an average cost of C$26.36 per share, with a total value of C$39,540.00. In the last ninety days, insiders acquired 4,000 shares of company stock valued at $105,060.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 13th. Shareholders of record on Friday, September 29th were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 2.30%. The ex-dividend date was Thursday, September 28th.

About goeasy

goeasy Ltd. is a Canada-based full-service provider of goods and alternative financial services. The Company is engaged in providing loans and other financial services to consumers, and leasing household products to consumers. It operates in two segments: easyfinancial and easyhome. Its easyhome segment consists of four product categories: furniture, electronics, computers and appliances, which are offered under weekly or monthly leasing agreements.

Earnings History and Estimates for goeasy (TSE:GSY)

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