What is Scotiabank’s Estimate for Propel FY2026 Earnings?

Propel Holdings Inc. (TSE:PRL) – Equities research analysts at Scotiabank upped their FY2026 earnings per share estimates for Propel in a research note issued on Wednesday, August 19th. Scotiabank analyst P. Hardie now anticipates that the company will post earnings per share of $2.24 for the year, up from their previous forecast of $2.10. Scotiabank has a “Sector Perform” rating and a $27.00 price objective on the stock. The consensus estimate for Propel’s current full-year earnings is $5.39 per share. Scotiabank also issued estimates for Propel’s FY2027 earnings at $3.28 EPS.

A number of other research analysts have also commented on PRL. Stifel Nicolaus increased their price objective on Propel from C$34.00 to C$38.00 and gave the company a “buy” rating in a report on Friday, August 7th. TD boosted their target price on Propel from C$33.00 to C$37.00 and gave the stock a “buy” rating in a report on Friday, August 7th. ATB Cormark Capital Markets upped their target price on Propel from C$29.00 to C$38.00 and gave the stock an “outperform” rating in a research report on Friday, August 7th. Ventum increased their price target on Propel from C$30.00 to C$34.00 and gave the company a “buy” rating in a report on Friday, August 7th. Finally, TD Securities raised shares of Propel to a “strong-buy” rating in a research report on Tuesday, July 14th. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

Propel Stock Performance

PRL opened at $24.21 on Friday. The company has a market cap of $953.22 million, a PE ratio of 17.67 and a beta of 0.79. The stock has a 50-day moving average of $25.25 and a 200-day moving average of $22.72. Propel has a 52-week low of $17.24 and a 52-week high of $35.28.

Propel Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, September 3rd will be given a $0.255 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.02 annualized dividend and a yield of 4.2%. This is an increase from Propel’s previous quarterly dividend of $0.24. Propel’s dividend payout ratio (DPR) is presently 46.03%.

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. Through its CreditFresh brand, the company operates as a bank servicer that provides marketing, technology, and loan servicing services to unaffiliated, FDIC insured, state-chartered banks in the US (Bank Program).