Raymond James restated their market perform rating on shares of ECN Capital (TSE:ECN) in a report released on Monday morning, AnalystRatings.com reports. Raymond James currently has a C$4.50 target price on the stock. Raymond James also issued estimates for ECN Capital’s Q1 2019 earnings at $0.03 EPS, Q2 2019 earnings at $0.05 EPS, Q3 2019 earnings at $0.07 EPS, Q4 2019 earnings at $0.07 EPS, FY2019 earnings at $0.23 EPS, Q1 2020 earnings at $0.06 EPS, Q2 2020 earnings at $0.08 EPS, Q3 2020 earnings at $0.08 EPS, Q4 2020 earnings at $0.10 EPS and FY2020 earnings at $0.31 EPS.
ECN has been the subject of several other reports. National Bank Financial raised their price objective on ECN Capital from C$4.50 to C$5.00 and gave the stock an outperform rating in a research note on Thursday, February 28th. BMO Capital Markets raised their price objective on ECN Capital from C$5.00 to C$5.50 and gave the stock an outperform rating in a research note on Thursday, January 31st. CIBC reduced their price objective on ECN Capital from C$5.25 to C$5.00 in a research note on Monday, January 14th. Cormark raised their price objective on ECN Capital from C$4.50 to C$5.25 in a research note on Monday, February 4th. Finally, Royal Bank of Canada raised their price objective on ECN Capital from C$4.75 to C$5.00 and gave the stock an outperform rating in a research note on Friday, March 1st. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. ECN Capital has an average rating of Buy and a consensus target price of C$5.16.
Shares of TSE:ECN opened at C$4.54 on Monday. ECN Capital has a 52-week low of C$3.13 and a 52-week high of C$4.59. The stock has a market capitalization of $1.01 billion and a PE ratio of -9.08. The company has a debt-to-equity ratio of 30.86, a current ratio of 4.83 and a quick ratio of 3.12.
ECN Capital (TSE:ECN) last announced its quarterly earnings data on Thursday, February 28th. The company reported C$0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.06 by C($0.01). The firm had revenue of C$67.38 million during the quarter, compared to analysts’ expectations of C$79.17 million. As a group, equities analysts predict that ECN Capital will post 0.330000019596201 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 29th were given a dividend of $0.02 per share. This is a boost from ECN Capital’s previous quarterly dividend of $0.01. This represents a $0.08 annualized dividend and a yield of 1.76%. The ex-dividend date of this dividend was Thursday, March 28th. ECN Capital’s dividend payout ratio (DPR) is currently -6.09%.
ECN Capital Company Profile
ECN Capital Corp. originates, manages, and advises on prime consumer credit portfolios primarily in the United States. The company operates through Service Finance – Unsecured Consumer Loans; Triad – Secured Consumer Loans; and Kessler ? Consumer Credit Cards segments. It provides prime credit portfolio solutions that include unsecured consumer loan portfolios, including home improvement loans; secured consumer loan portfolios, such as manufactured home loans; and consumer credit card portfolios.
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