Atb Cap Markets Cuts Earnings Estimates for Exchange Income

Exchange Income Co. (TSE:EIF) – Equities researchers at Atb Cap Markets dropped their Q1 2025 earnings estimates for Exchange Income in a research note issued on Sunday, November 10th. Atb Cap Markets analyst C. Murray now expects that the company will post earnings per share of $0.31 for the quarter, down from their prior forecast of $0.45. The consensus estimate for Exchange Income’s current full-year earnings is $4.00 per share. Atb Cap Markets also issued estimates for Exchange Income’s FY2025 earnings at $3.65 EPS and FY2026 earnings at $5.43 EPS.

A number of other research firms also recently weighed in on EIF. National Bankshares raised their target price on shares of Exchange Income from C$61.00 to C$68.00 in a research report on Monday. Ventum Cap Mkts raised shares of Exchange Income to a “strong-buy” rating in a research report on Tuesday, November 5th. TD Securities decreased 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. Canaccord Genuity Group raised their target price on shares of Exchange Income from C$70.00 to C$72.00 in a research report on Tuesday. Finally, Ventum Financial set a C$74.00 target price on shares of Exchange Income and gave the company a “buy” rating in a research report on Tuesday, November 5th. Seven analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of C$68.28.

Exchange Income Trading Up 0.7 %

Shares of TSE:EIF opened at C$56.48 on Wednesday. Exchange Income has a 12 month low of C$43.08 and a 12 month high of C$57.69. 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 company’s fifty day simple moving average is C$52.92 and its 200 day simple moving average is C$48.82. The firm has a market cap of C$2.68 billion, a price-to-earnings ratio of 23.34, a PEG ratio of 1.42 and a beta of 2.04.

Exchange Income Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be given a $0.22 dividend. This represents a $2.64 dividend on an annualized basis and a dividend yield of 4.67%. The ex-dividend date of this dividend is Thursday, October 31st. Exchange Income’s dividend payout ratio (DPR) is presently 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.