Ventum Cap Mkts Brokers Reduce Earnings Estimates for Propel

Propel Holdings Inc. (TSE:PRL) – Investment analysts at Ventum Cap Mkts decreased their FY2026 earnings per share estimates for Propel in a report issued on Tuesday, October 21st. Ventum Cap Mkts analyst R. Goff now forecasts that the company will earn $3.70 per share for the year, down from their previous estimate of $3.93. The consensus estimate for Propel’s current full-year earnings is $5.39 per share.

PRL has been the topic of a number of other research reports. Raymond James Financial decreased their price objective on shares of Propel from C$46.00 to C$42.00 in a report on Wednesday, July 16th. Cormark raised shares of Propel to a “moderate buy” rating in a report on Thursday, July 10th. Finally, Scotiabank increased their price objective on shares of Propel from C$38.00 to C$43.00 in a report on Wednesday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Propel Stock Performance

Shares of PRL stock opened at $23.88 on Thursday. The stock’s fifty day moving average is $30.35 and its 200-day moving average is $31.75. The stock has a market capitalization of $931.20 million, a PE ratio of 16.14 and a beta of 1.11. Propel has a 52 week low of $20.99 and a 52 week high of $43.36.

Propel Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, September 4th were paid a $0.78 dividend. This is a boost from Propel’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Wednesday, August 27th. This represents a $3.12 annualized dividend and a dividend yield of 13.1%. Propel’s payout ratio is 30.81%.

About Propel

Propel Holdings Inc is a financial technology company committed to credit inclusion and helping underserved consumers by providing fair, fast, and transparent access to credit. It operates through its two brands: MoneyKey and CreditFresh. The company, through its MoneyKey brand, is a state-licensed direct lender and offers either Installment Loans or Lines of Credit to new customers in several US states.