ECN Capital Corp. (TSE:ECN) Plans Quarterly Dividend of $0.01

ECN Capital Corp. (TSE:ECN) announced a quarterly dividend on Thursday, March 20th, TickerTech Dividends reports. Stockholders of record on Monday, March 31st will be given a dividend of 0.01 per share on Monday, March 31st. This represents a $0.04 annualized dividend and a dividend yield of 1.50%. The ex-dividend date is Thursday, March 20th.

ECN Capital Price Performance

ECN stock opened at C$2.67 on Tuesday. ECN Capital has a 12 month low of C$1.60 and a 12 month high of C$3.52. The company has a current ratio of 13.28, a quick ratio of 3.81 and a debt-to-equity ratio of 304.13. The company has a 50-day moving average price of C$3.19 and a 200 day moving average price of C$2.74. The stock has a market cap of C$535.82 million, a PE ratio of -11.93, a P/E/G ratio of 0.24 and a beta of 1.35.

Analysts Set New Price Targets

ECN has been the subject of a number of recent analyst reports. National Bank Financial cut shares of ECN Capital from a “strong-buy” rating to a “hold” rating in a research note on Sunday, February 2nd. CIBC lifted their price target on shares of ECN Capital from C$2.50 to C$3.50 and gave the stock a “neutral” rating in a research note on Thursday, January 30th. Five investment analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of C$2.68.

About ECN Capital

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.