Cormark Comments on ECN Capital’s FY2025 Earnings (TSE:ECN)

ECN Capital Corp. (TSE:ECN) – Equities research analysts at Cormark boosted their FY2025 earnings per share (EPS) estimates for ECN Capital in a report released on Monday, March 3rd. Cormark analyst J. Fenwick now expects that the company will post earnings per share of $0.26 for the year, up from their previous forecast of $0.25. Cormark has a “Moderate Buy” rating and a $3.50 price target on the stock. 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 $0.37 EPS.

A number of other analysts have also recently commented on the company. National Bank Financial cut ECN Capital from a “strong-buy” rating to a “hold” rating in a research note on Sunday, February 2nd. CIBC upped their target price on shares of ECN Capital from C$2.50 to C$3.50 and gave the company a “neutral” rating in a research note on Thursday, January 30th. Five investment analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of C$2.68.

ECN Capital Trading Down 2.6 %

TSE:ECN opened at C$3.00 on Wednesday. The company has a current ratio of 13.28, a quick ratio of 3.81 and a debt-to-equity ratio of 304.13. ECN Capital has a 1-year low of C$1.60 and a 1-year high of C$3.52. The firm has a market capitalization of C$602.05 million, a price-to-earnings ratio of -13.40, a PEG ratio of 0.24 and a beta of 1.35. The business’s 50-day moving average price is C$3.25 and its two-hundred day moving average price is C$2.71.

ECN Capital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 1.33%. The ex-dividend date was Friday, December 13th. ECN Capital’s dividend payout ratio (DPR) is presently -17.87%.

About ECN Capital

ECN Capital Corp. originates, manages, and advises on credit assets on behalf of its partners in North America. It operates in two segments, Manufactured Housing Finance; and Recreational Vehicle and Marine Finance. The company offers consumer loans, including manufactured housing, recreational vehicle, and marine loans; and commercial loans, such as inventory finance or floorplan loans.