Ventum Cap Mkts Weighs in on Propel’s Q1 Earnings (TSE:PRL)

Propel Holdings Inc. (TSE:PRL) – Ventum Cap Mkts cut their Q1 2025 earnings per share estimates for Propel in a research note issued to investors on Monday, March 3rd. Ventum Cap Mkts analyst R. Goff now anticipates that the company will post earnings per share of $0.75 for the quarter, down from their prior forecast of $0.76. The consensus estimate for Propel’s current full-year earnings is $5.39 per share. Ventum Cap Mkts also issued estimates for Propel’s Q3 2025 earnings at $0.78 EPS and Q4 2025 earnings at $0.98 EPS.

A number of other equities research analysts also recently weighed in on PRL. Raymond James raised their price objective on Propel from C$40.00 to C$47.00 in a research report on Monday, November 18th. Eight Capital increased their price target on Propel from C$38.00 to C$45.00 in a research note on Friday, November 8th. Scotiabank cut Propel from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 8th. Finally, Stephens upgraded Propel to a “strong-buy” rating in a research note on Wednesday, November 13th. One investment analyst has rated the stock with a hold rating, one has issued a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $41.00.

Propel Price Performance

Shares of PRL stock opened at $26.25 on Wednesday. Propel has a 1-year low of $14.97 and a 1-year high of $43.36. The stock’s 50-day moving average is $35.74 and its 200 day moving average is $33.77. The company has a market cap of $730.82 million, a P/E ratio of 16.24 and a beta of 1.75.

Propel Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Wednesday, March 5th will be paid a $0.66 dividend. The ex-dividend date is Wednesday, February 19th. This is a boost from Propel’s previous quarterly dividend of $0.15. This represents a $2.64 dividend on an annualized basis and a yield of 10.06%. Propel’s dividend payout ratio (DPR) is 34.64%.

Insider Transactions at Propel

In other news, Director Clive Kinross sold 30,000 shares of the firm’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $36.79, for a total value of $1,103,817.00. Also, Senior Officer Cindy Usprech sold 5,600 shares of the firm’s stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $36.13, for a total value of $202,345.92. Insiders sold a total of 54,400 shares of company stock worth $2,009,283 over the last three months. 33.31% of the stock is currently owned by insiders.

About Propel

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.