goeasy (TSE:GSY) Given a C$199.00 Price Target by TD Securities Analysts

TD Securities set a C$199.00 price target on goeasy (TSE:GSY) in a research report sent to investors on Wednesday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Several other equities analysts also recently commented on the company. Raymond James boosted their price objective on goeasy from C$230.00 to C$245.00 in a research report on Tuesday, February 18th. Jefferies Financial Group lowered their price target on goeasy from C$228.00 to C$215.00 and set a “buy” rating on the stock in a report on Tuesday, February 11th. Finally, BMO Capital Markets raised shares of goeasy from a “market perform” rating to an “outperform” rating and cut their price objective for the company from C$207.00 to C$200.00 in a report on Friday, March 14th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of C$220.60.

goeasy Price Performance

Shares of TSE GSY traded down C$3.76 during midday trading on Wednesday, reaching C$148.22. The stock had a trading volume of 35,933 shares, compared to its average volume of 76,975. The company has a market capitalization of C$2.48 billion, a price-to-earnings ratio of 9.01, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87. goeasy has a 12-month low of C$134.01 and a 12-month high of C$206.02. The stock has a 50-day moving average of C$158.24 and a 200-day moving average of C$169.02. The company has a debt-to-equity ratio of 287.63, a quick ratio of 28.46 and a current ratio of 82.04.

goeasy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Friday, April 11th will be issued a $1.46 dividend. The ex-dividend date is Friday, March 28th. This is an increase from goeasy’s previous quarterly dividend of $1.17. This represents a $5.84 dividend on an annualized basis and a dividend yield of 3.94%. goeasy’s payout ratio is 28.45%.

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.