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

Shares of ECN Capital Corp. (TSE:ECN) have been assigned a consensus rating of “Hold” from the five analysts that are covering the firm, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is C$2.68.

Several equities research analysts have recently weighed in on the stock. Cormark increased their target price on shares of ECN Capital from C$2.25 to C$3.50 and gave the company a “moderate buy” rating in a research note on Tuesday, November 12th. CIBC increased their price objective on shares of ECN Capital from C$2.50 to C$3.50 and gave the stock a “neutral” rating in a research report on Thursday, January 30th. Finally, National Bank Financial lowered ECN Capital from a “strong-buy” rating to a “hold” rating in a research report on Sunday, February 2nd.

ECN Capital Stock Performance

TSE:ECN opened at C$3.37 on Tuesday. The firm has a market capitalization of C$676.30 million, a PE ratio of -15.06, a PEG ratio of 0.24 and a beta of 1.35. The stock’s fifty day moving average is C$3.18 and its 200 day moving average is C$2.59. ECN Capital has a fifty-two week low of C$1.60 and a fifty-two week high of C$3.52. The company has a debt-to-equity ratio of 304.13, a quick ratio of 3.81 and a current ratio of 13.28.

ECN Capital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 1.19%. The ex-dividend date of this dividend was Friday, December 13th. ECN Capital’s dividend payout ratio is presently -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.