Brokers Set Expectations for Propel’s Q1 Earnings (TSE:PRL)

Propel Holdings Inc. (TSE:PRL) – Research analysts at Ventum Cap Mkts lowered their Q1 2025 earnings per share estimates for Propel in a note issued to investors on Thursday, March 13th. Ventum Cap Mkts analyst R. Goff now forecasts that the company will post earnings per share of $0.69 for the quarter, down from their prior estimate of $0.75. The consensus estimate for Propel’s current full-year earnings is $5.39 per share. Ventum Cap Mkts also issued estimates for Propel’s Q2 2025 earnings at $0.79 EPS.

Other research analysts also recently issued reports about the company. Raymond James decreased their price objective on Propel from C$52.00 to C$44.00 and set an “outperform” rating for the company in a report on Thursday. Scotiabank decreased their price objective on Propel from C$45.00 to C$44.00 and set an “outperform” rating for the company in a report on Thursday. Three equities research analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Strong Buy” and a consensus price target of $42.75.

Propel Stock Performance

TSE:PRL opened at $23.66 on Monday. The company has a market capitalization of $658.72 million, a P/E ratio of 14.64 and a beta of 1.75. Propel has a 52-week low of $14.97 and a 52-week high of $43.36. The stock’s 50-day moving average price is $33.84.

Insider Transactions at Propel

In related news, Senior Officer Noah Buchman sold 18,800 shares of Propel stock in a transaction that occurred on Tuesday, December 24th. The stock was sold at an average price of $37.40, for a total transaction of $703,120.00. Also, Senior Officer Cindy Usprech sold 5,600 shares of Propel stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $36.13, for a total value of $202,345.92. 33.31% of the stock is currently owned by corporate insiders.

Propel Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Stockholders of record on Wednesday, March 5th were paid a dividend of $0.66 per share. This is an increase from Propel’s previous quarterly dividend of $0.15. This represents a $2.64 annualized dividend and a dividend yield of 11.16%. The ex-dividend date was Wednesday, February 19th. Propel’s payout ratio is currently 34.64%.

Propel Company Profile

Propel Holdings Inc operates as a financial technology company. The company’s lending platform facilitates to credit products, such as installment loans and lines of credit under the MoneyKey, CreditFresh, and Fora Credit brands to American consumers. It also offers marketing, analytics, and loan servicing services.