FY2025 EPS Estimates for Propel Decreased by Ventum Cap Mkts

Propel Holdings Inc. (TSE:PRL) – Investment analysts at Ventum Cap Mkts reduced their FY2025 earnings estimates for Propel in a research report issued to clients and investors on Monday, March 3rd. Ventum Cap Mkts analyst R. Goff now expects that the company will earn $3.31 per share for the year, down from their prior estimate of $3.33. The consensus estimate for Propel’s current full-year earnings is $5.39 per share. Ventum Cap Mkts also issued estimates for Propel’s FY2026 earnings at $4.22 EPS and FY2027 earnings at $5.13 EPS.

A number of other research analysts have also issued reports on PRL. Raymond James boosted their target price on shares of Propel from C$40.00 to C$47.00 in a research note on Monday, November 18th. Stephens upgraded shares of Propel to a “strong-buy” rating in a report on Wednesday, November 13th. Eight Capital upped their target price on Propel from C$38.00 to C$45.00 in a research report on Friday, November 8th. Finally, Scotiabank downgraded shares of Propel from a “strong-buy” rating to a “hold” rating in a report on Friday, November 8th. One analyst has rated the stock with a hold rating, one has issued a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $41.00.

Propel Stock Up 4.3 %

Shares of TSE PRL opened at $27.39 on Thursday. The stock has a market capitalization of $762.56 million, a P/E ratio of 16.94 and a beta of 1.75. The firm’s 50-day moving average price is $35.74 and its two-hundred day moving average price is $33.77. Propel has a 52-week low of $14.97 and a 52-week high of $43.36.

Propel Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Stockholders of record on Wednesday, March 5th were given a $0.66 dividend. This is an increase from Propel’s previous quarterly dividend of $0.15. This represents a $2.64 annualized dividend and a dividend yield of 9.64%. The ex-dividend date of this dividend was Wednesday, February 19th. Propel’s dividend payout ratio (DPR) is 34.64%.

Insider Activity

In other news, Senior Officer Noah Buchman sold 18,800 shares of the stock in a transaction that occurred on Tuesday, December 24th. The shares were sold at an average price of $37.40, for a total value of $703,120.00. Also, Director Clive Kinross sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $36.79, for a total transaction of $1,103,817.00. Insiders have sold 54,400 shares of company stock worth $2,009,283 over the last 90 days. 33.31% of the stock is owned by company insiders.

Propel Company Profile

Propel Holdings Inc operates as a financial technology company. The company’s lending platform facilitates to credit products, such as installment loans and lines of credit under the MoneyKey, CreditFresh, and Fora Credit brands to American consumers. It also offers marketing, analytics, and loan servicing services.