Raymond James Forecasts Strong Price Appreciation for goeasy (TSE:GSY) Stock

goeasy (TSE:GSY) had its price objective upped by Raymond James from C$230.00 to C$245.00 in a report published on Tuesday,BayStreet.CA reports. Raymond James also issued estimates for goeasy’s Q1 2025 earnings at $4.62 EPS, Q2 2025 earnings at $4.84 EPS, Q3 2025 earnings at $5.01 EPS, Q4 2025 earnings at $5.05 EPS, FY2025 earnings at $19.52 EPS, Q1 2026 earnings at $5.63 EPS, Q2 2026 earnings at $5.80 EPS, Q3 2026 earnings at $5.92 EPS, Q4 2026 earnings at $5.99 EPS and FY2026 earnings at $23.33 EPS.

Other equities research analysts have also recently issued reports about the company. Jefferies Financial Group cut their price target on goeasy from C$228.00 to C$215.00 and set a “buy” rating for the company in a research note on Tuesday, February 11th. BMO Capital Markets increased their price objective on shares of goeasy from C$202.00 to C$207.00 in a research note on Monday, November 11th. National Bankshares raised their target price on shares of goeasy from C$235.00 to C$240.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Finally, Desjardins reduced their price target on shares of goeasy from C$215.00 to C$210.00 and set a “buy” rating on the stock in a research report on Wednesday, October 23rd. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$223.78.

goeasy Price Performance

Shares of goeasy stock opened at C$170.59 on Tuesday. The company has a 50-day simple moving average of C$171.60 and a two-hundred day simple moving average of C$176.97. goeasy has a twelve month low of C$153.31 and a twelve month high of C$206.02. The stock has a market capitalization of C$2.86 billion, a price-to-earnings ratio of 10.37, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87. The company has a quick ratio of 28.46, a current ratio of 82.04 and a debt-to-equity ratio of 287.63.

goeasy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, January 10th were paid a dividend of $1.17 per share. The ex-dividend date of this dividend was Friday, December 27th. This represents a $4.68 dividend on an annualized basis and a dividend yield of 2.74%. goeasy’s payout ratio is presently 28.45%.

Insider Activity

In other goeasy news, Senior Officer Jason Mullins sold 2,500 shares of the stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of C$171.76, for a total value of C$429,400.00. 22.05% of the stock is owned by corporate insiders.

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.