Cormark Brokers Lower Earnings Estimates for Exchange Income

Exchange Income Co. (TSE:EIF) – Analysts at Cormark decreased their FY2026 earnings estimates for shares of Exchange Income in a research note issued on Monday, November 11th. Cormark analyst J. Fenwick now forecasts that the company will post earnings of $4.86 per share for the year, down from their previous forecast of $5.00. The consensus estimate for Exchange Income’s current full-year earnings is $4.00 per share.

Several other analysts also recently weighed in on EIF. Ventum Cap Mkts raised shares of Exchange Income to a “strong-buy” rating in a research report on Tuesday, November 5th. Ventum Financial set a C$74.00 price target on shares of Exchange Income and gave the stock a “buy” rating in a report on Tuesday, November 5th. ATB Capital upped their price objective on shares of Exchange Income from C$66.00 to C$67.00 and gave the stock an “outperform” rating in a research report on Monday, August 12th. CIBC increased their target price on shares of Exchange Income from C$61.50 to C$62.50 and gave the company an “outperform” rating in a research report on Monday, August 12th. Finally, TD Securities reduced their target price on shares of Exchange Income from C$69.00 to C$67.00 and set a “buy” rating for the company in a research report on Wednesday, October 23rd. Eight research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Exchange Income currently has an average rating of “Buy” and an average price target of C$67.39.

Exchange Income Trading Down 1.4 %

TSE EIF opened at C$55.09 on Tuesday. The company has a quick ratio of 1.13, a current ratio of 1.77 and a debt-to-equity ratio of 171.03. The firm has a market cap of C$2.62 billion, a PE ratio of 22.76, a price-to-earnings-growth ratio of 1.42 and a beta of 2.04. The company has a 50 day moving average price of C$52.51 and a 200 day moving average price of C$48.64. Exchange Income has a 52 week low of C$43.08 and a 52 week high of C$57.69.

Exchange Income Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be issued a dividend of $0.22 per share. The ex-dividend date is Thursday, October 31st. This represents a $2.64 dividend on an annualized basis and a yield of 4.79%. Exchange Income’s payout ratio is currently 109.09%.

About Exchange Income

Exchange Income Corporation, together with its subsidiaries, engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. The company Aerospace & Aviation, and Manufacturing segments. The Aerospace & Aviation segment offers fixed wing and rotary wing, medevac, passenger, charter, freight, and auxiliary services; and operates two flight schools and trains pilots.