Exchange Income Co. (TSE:EIF – Free Report) – Stock analysts at Cormark cut their FY2024 earnings estimates for shares of Exchange Income in a research note issued to investors on Thursday, July 11th. Cormark analyst J. Fenwick now anticipates that the company will post earnings of $3.20 per share for the year, down from their previous estimate of $3.22. The consensus estimate for Exchange Income’s current full-year earnings is $3.25 per share. Cormark also issued estimates for Exchange Income’s FY2025 earnings at $3.95 EPS.
Exchange Income Trading Up 1.1 %
Shares of EIF stock opened at C$46.11 on Friday. The firm has a market capitalization of C$2.18 billion, a PE ratio of 17.87, a P/E/G ratio of 1.42 and a beta of 2.06. Exchange Income has a 1-year low of C$42.05 and a 1-year high of C$54.25. The business’s fifty day moving average price is C$45.51 and its 200 day moving average price is C$46.62. The company has a debt-to-equity ratio of 164.53, a current ratio of 1.91 and a quick ratio of 1.13.
Exchange Income Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be paid a dividend of $0.22 per share. This represents a $2.64 annualized dividend and a dividend yield of 5.73%. The ex-dividend date is Friday, June 28th. Exchange Income’s dividend payout ratio (DPR) is 102.33%.
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.
Read More
- Five stocks we like better than Exchange Income
- The Role Economic Reports Play in a Successful Investment Strategy
- Top 3 Beverage Stocks: Summer Earnings Reveal Key Trends
- Industrial Products Stocks Investing
- This Financial Stock’s Earnings Signal a Buying Opportunity
- 3 Warren Buffett Stocks to Buy Now
- Social Platform Stock Hits New Highs: Is More Growth Ahead?
Receive News & Ratings for Exchange Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exchange Income and related companies with MarketBeat.com's FREE daily email newsletter.