ECN Capital Corp (TSE:ECN) has received a consensus recommendation of “Buy” from the eight ratings firms that are currently covering the firm, MarketBeat.com reports. Six research analysts have rated the stock with a buy recommendation. The average twelve-month price target among brokerages that have covered the stock in the last year is C$4.84.

Several brokerages have issued reports on ECN. TD Securities upped their price objective on ECN Capital from C$5.00 to C$5.50 in a research note on Friday, August 10th. National Bank Financial cut their price objective on ECN Capital from C$5.00 to C$4.50 and set an “outperform” rating on the stock in a research note on Tuesday, November 13th. CIBC cut their price objective on ECN Capital from C$5.50 to C$5.25 in a research note on Tuesday, November 13th. BMO Capital Markets cut their price objective on ECN Capital from C$5.60 to C$5.00 in a research note on Friday, August 10th. Finally, Raymond James cut their price objective on ECN Capital from C$5.00 to C$4.50 and set an “outperform” rating on the stock in a research note on Tuesday, September 25th.

Shares of TSE:ECN traded down C$0.05 during trading on Friday, hitting C$3.26. The company’s stock had a trading volume of 1,251,000 shares, compared to its average volume of 1,215,950. The company has a current ratio of 8.84, a quick ratio of 7.51 and a debt-to-equity ratio of 68.03. ECN Capital has a fifty-two week low of C$3.13 and a fifty-two week high of C$4.18.

ECN Capital (TSE:ECN) last released its quarterly earnings results on Monday, November 12th. The company reported C$0.07 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.08 by C($0.01). The company had revenue of C$85.63 million during the quarter, compared to analyst estimates of C$65.00 million. Sell-side analysts forecast that ECN Capital will post 0.259999990429448 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 15th. Stockholders of record on Monday, December 31st will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 1.23%. The ex-dividend date of this dividend is Friday, December 28th. ECN Capital’s dividend payout ratio (DPR) is presently 22.47%.

In other news, Director William Wayne Lovatt bought 100,000 shares of the business’s stock in a transaction on Thursday, November 15th. The stock was purchased at an average cost of C$3.27 per share, for a total transaction of C$327,000.00. Also, Director Steven Kenneth Hudson bought 15,000 shares of the business’s stock in a transaction on Tuesday, August 28th. The stock was purchased at an average price of C$3.82 per share, with a total value of C$57,300.00. Insiders have bought 444,477 shares of company stock valued at $1,637,500 over the last ninety days.

ECN Capital Company Profile

ECN Capital Corp., an independent financial services company, originates, co-invests in, and manages asset-based financing and related service programs. The company operates through four segments: Home Improvement Finance, Manufactured Housing Finance, Rail Finance, and Aviation Finance. The Home Improvement Finance segment primarily provides prime and super-prime retail installment contracts to finance home improvement projects in the U.S.

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Analyst Recommendations for ECN Capital (TSE:ECN)

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