Analysts Set ECN Capital Corp. (TSE:ECN) Price Target at C$2.68

Shares of ECN Capital Corp. (TSE:ECN) have been given a consensus rating of “Hold” by the five analysts that are covering the company, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating. The average 1 year target price among brokers that have covered the stock in the last year is C$2.68.

A number of analysts recently commented on ECN shares. National Bank Financial lowered ECN Capital from a “strong-buy” rating to a “hold” rating in a research report on Sunday, February 2nd. CIBC boosted their target price on ECN Capital from C$2.50 to C$3.50 and gave the company a “neutral” rating in a research report on Thursday, January 30th.

ECN Capital Trading Up 1.9 %

ECN opened at C$2.70 on Friday. The company has a market cap of C$541.84 million, a P/E ratio of -12.06, a price-to-earnings-growth ratio of 0.24 and a beta of 1.35. The company has a fifty day moving average price of C$3.21 and a two-hundred day moving average price of C$2.73. The company has a current ratio of 13.28, a quick ratio of 3.81 and a debt-to-equity ratio of 304.13. ECN Capital has a 1-year low of C$1.60 and a 1-year high of C$3.52.

ECN Capital Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 31st will be paid a dividend of $0.01 per share. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $0.04 dividend on an annualized basis and a yield of 1.48%. ECN Capital’s dividend payout ratio (DPR) is currently -17.87%.

ECN Capital Company Profile

ECN Capital Corp. originates, manages, and advises on credit assets on behalf of its partners in North America. It operates in two segments, Manufactured Housing Finance; and Recreational Vehicle and Marine Finance. The company offers consumer loans, including manufactured housing, recreational vehicle, and marine loans; and commercial loans, such as inventory finance or floorplan loans.