Cormark Analysts Decrease Earnings Estimates for ECN Capital

ECN Capital Corp. (TSE:ECNFree Report) – Stock analysts at Cormark cut their FY2025 EPS estimates for shares of ECN Capital in a research note issued to investors on Monday, August 11th. Cormark analyst J. Fenwick now anticipates that the company will earn $0.22 per share for the year, down from their prior estimate of $0.26. The consensus estimate for ECN Capital’s current full-year earnings is $0.24 per share. Cormark also issued estimates for ECN Capital’s FY2026 earnings at $0.34 EPS.

Separately, Raymond James Financial lowered shares of ECN Capital from an “outperform” rating to a “market perform” rating and set a C$3.25 price objective on the stock. in a research note on Friday, August 8th.

View Our Latest Stock Report on ECN

ECN Capital Trading Down 1.8%

TSE:ECN opened at C$2.80 on Tuesday. The firm’s fifty day moving average is C$2.86 and its 200-day moving average is C$2.89. The company has a debt-to-equity ratio of 304.13, a quick ratio of 3.81 and a current ratio of 13.28. ECN Capital has a 52 week low of C$1.96 and a 52 week high of C$3.52. The firm has a market cap of C$561.91 million, a P/E ratio of -12.51, a P/E/G ratio of 0.24 and a beta of 1.35.

Insider Activity at ECN Capital

In related news, Director Steven Kenneth Hudson bought 200,000 shares of the business’s stock in a transaction that occurred on Monday, June 9th. The shares were acquired at an average cost of C$2.56 per share, with a total value of C$511,300.00. Corporate insiders own 18.31% of the company’s stock.

ECN Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 30th were paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Friday, June 13th. ECN Capital’s dividend payout ratio is currently -17.87%.

About ECN Capital

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ECN Capital Corp is a financial business service provider. It originates, structures and manages financial products and provides advisory services for financial institutions. The company’s operating segment includes Service Finance – Home Improvement Loans; KG – Consumer Credit Card Portfolios and Related Financial Products; Triad Financial Services – Manufactured Home Loans and Corporate.

See Also

Earnings History and Estimates for ECN Capital (TSE:ECN)

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