Raymond James Has Negative Forecast for Propel Q2 Earnings

Propel Holdings Inc. (TSE:PRL) – Equities research analysts at Raymond James lowered their Q2 2025 earnings per share estimates for Propel in a research note issued to investors on Wednesday, May 7th. Raymond James analyst S. Boland now forecasts that the company will post earnings of $0.79 per share for the quarter, down from their previous estimate of $0.81. Raymond James currently has a “Outperform” rating and a $44.00 target price on the stock. The consensus estimate for Propel’s current full-year earnings is $5.39 per share. Raymond James also issued estimates for Propel’s FY2025 earnings at $3.30 EPS, Q4 2026 earnings at $1.13 EPS and FY2026 earnings at $4.64 EPS.

Separately, Scotiabank reduced their target price on shares of Propel from C$44.00 to C$38.00 and set an “outperform” rating on the stock in a research report on Thursday, April 24th. Three research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Strong Buy” and an average target price of $41.25.

Propel Stock Performance

Propel stock opened at $33.25 on Monday. The stock’s 50 day simple moving average is $25.34 and its two-hundred day simple moving average is $32.34. The stock has a market cap of $925.71 million, a price-to-earnings ratio of 20.57 and a beta of 1.75. Propel has a fifty-two week low of $19.91 and a fifty-two week high of $43.36.

Propel Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Wednesday, June 4th will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 2.17%. The ex-dividend date of this dividend is Thursday, May 15th. Propel’s dividend payout ratio (DPR) is 34.64%.

About Propel

Propel Holdings Inc is a financial technology company committed to credit inclusion and helping underserved consumers by providing fair, fast, and transparent access to credit. It operates through its two brands: MoneyKey and CreditFresh. The company, through its MoneyKey brand, is a state-licensed direct lender and offers either Installment Loans or Lines of Credit to new customers in several US states.