Q1 Earnings Estimate for Propel Issued By Ventum Cap Mkts

Propel Holdings Inc. (TSE:PRL) – Investment analysts at Ventum Cap Mkts cut their Q1 2025 earnings per share estimates for shares of Propel in a research note issued on Thursday, March 13th. Ventum Cap Mkts analyst R. Goff now expects that the company will post earnings of $0.69 per share for the quarter, down from their previous forecast of $0.75. The consensus estimate for Propel’s current full-year earnings is $5.39 per share. Ventum Cap Mkts also issued estimates for Propel’s Q2 2025 earnings at $0.79 EPS.

Several other equities research analysts have also weighed in on the company. Raymond James reduced their target price on Propel from C$52.00 to C$44.00 and set an “outperform” rating for the company in a report on Thursday, March 13th. Scotiabank cut their price target on Propel from C$45.00 to C$44.00 and set an “outperform” rating for the company in a report on Thursday, March 13th. Three equities research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Propel currently has an average rating of “Strong Buy” and a consensus price target of $42.75.

Propel Stock Performance

PRL opened at $23.15 on Monday. The business has a 50 day moving average price of $33.31 and a 200 day moving average price of $33.65. Propel has a twelve month low of $14.97 and a twelve month high of $43.36. The firm has a market cap of $644.52 million, a P/E ratio of 14.32 and a beta of 1.75.

Propel Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 5th. Stockholders of record on Wednesday, March 5th were issued a dividend of $0.66 per share. The ex-dividend date of this dividend was Wednesday, February 19th. This is a positive change from Propel’s previous quarterly dividend of $0.15. This represents a $2.64 dividend on an annualized basis and a dividend yield of 11.40%. Propel’s payout ratio is 34.64%.

Insider Transactions at Propel

In other news, Senior Officer Noah Buchman sold 18,800 shares of the business’s stock in a transaction that occurred on Tuesday, December 24th. The stock was sold at an average price of $37.40, for a total transaction of $703,120.00. Also, Senior Officer Cindy Usprech sold 5,600 shares of the business’s stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $36.13, for a total value of $202,345.92. Corporate insiders own 33.31% of the company’s stock.

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.