goeasy Ltd. (TSE:GSY) Increases Dividend to $1.46 Per Share

goeasy Ltd. (TSE:GSY) declared a quarterly dividend on Friday, March 28th, TickerTech Dividends reports. Shareholders of record on Friday, April 11th will be paid a dividend of 1.46 per share on Friday, April 11th. This represents a $5.84 dividend on an annualized basis and a yield of 3.80%. The ex-dividend date is Friday, March 28th. This is a 24.8% increase from goeasy’s previous quarterly dividend of $1.17.

goeasy Stock Performance

GSY opened at C$153.55 on Wednesday. The stock’s 50 day simple moving average is C$166.93 and its 200 day simple moving average is C$171.83. The stock has a market cap of C$2.57 billion, a P/E ratio of 9.33, a P/E/G ratio of 0.84 and a beta of 1.87. goeasy has a 1-year low of C$140.73 and a 1-year high of C$206.02. The company has a debt-to-equity ratio of 287.63, a current ratio of 82.04 and a quick ratio of 28.46.

Wall Street Analyst Weigh In

Several research firms have weighed in on GSY. BMO Capital Markets upgraded shares of goeasy from a “market perform” rating to an “outperform” rating and dropped their target price for the company from C$207.00 to C$200.00 in a report on Friday, March 14th. Jefferies Financial Group decreased their price objective on goeasy from C$228.00 to C$215.00 and set a “buy” rating on the stock in a research note on Tuesday, February 11th. Finally, Raymond James lifted their price target on shares of goeasy from C$230.00 to C$245.00 in a report on Tuesday, February 18th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$223.00.

goeasy Company Profile

goeasy Ltd. provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. It offers unsecured and secured installment loans; home equity secured instalment loans and automotive vehicle financing; and loans to finance the purchase of retail goods, powersports and recreational vehicles, home improvement projects, and healthcare related products and services.