ECN Capital Future Growth

Future criteria checks 5/6

ECN Capital is forecast to grow earnings and revenue by 143.2% and 49.7% per annum respectively while EPS is expected to grow by 148.4% per annum.

Key information

143.2%

Earnings growth rate

148.4%

EPS growth rate

Diversified Financial earnings growth	72.2%
Revenue growth rate	49.7%
Future return on equity	n/a
Analyst coverage	Low
Last updated	13 May 2024

Recent future growth updates

Recent updates

Forecast: Analysts Think ECN Capital Corp.'s (TSE:ECN) Business Prospects Have Improved Drastically

Feb 10

Earnings and Revenue Growth Forecasts

TSX:ECN - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	247	40	N/A	N/A	4
12/31/2024	224	21	N/A	N/A	4
3/31/2024	80	-101	78	97	N/A
12/31/2023	79	-113	-45	-26	N/A
9/30/2023	111	-64	-131	-130	N/A
6/30/2023	127	-52	-312	-312	N/A
3/31/2023	153	-18	-787	-791	N/A
12/31/2022	153	2	-898	-872	N/A
9/30/2022	145	-13	-633	-586	N/A
6/30/2022	131	-17	-350	-303	N/A
3/31/2022	93	-28	45	81	N/A
12/31/2021	99	-31	130	137	N/A
9/30/2021	106	-31	89	92	N/A
6/30/2021	111	-35	113	117	N/A
3/31/2021	109	-41	4	7	N/A
12/31/2020	128	-31	-42	-39	N/A
9/30/2020	153	0	-23	-18	N/A
6/30/2020	178	8	-141	-134	N/A
3/31/2020	229	29	92	98	N/A
12/31/2019	224	1	258	264	N/A
9/30/2019	224	-14	-435	-427	N/A
6/30/2019	225	-19	-413	-403	N/A
3/31/2019	204	-31	158	168	N/A
12/31/2018	173	-12	3	11	N/A
9/30/2018	26	9	402	418	N/A
6/30/2018	-7	-37	690	701	N/A
3/31/2018	-15	-25	-4	9	N/A
12/31/2017	4	-15	N/A	93	N/A
9/30/2017	107	-55	N/A	424	N/A
6/30/2017	110	-8	N/A	37	N/A
3/31/2017	130	6	N/A	-65	N/A
12/31/2016	106	12	N/A	-81	N/A
9/30/2016	100	59	N/A	-429	N/A
6/30/2016	163	78	N/A	-582	N/A
3/31/2016	161	76	N/A	-694	N/A
12/31/2015	173	79	N/A	-869	N/A
12/31/2014	123	56	N/A	-1,259	N/A
12/31/2013	60	14	N/A	-1,167	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ECN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.1%).

Earnings vs Market: ECN is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ECN is expected to become profitable in the next 3 years.

Revenue vs Market: ECN's revenue (49.7% per year) is forecast to grow faster than the Canadian market (7.2% per year).

High Growth Revenue: ECN's revenue (49.7% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if ECN's Return on Equity is forecast to be high in 3 years time

ECN Capital Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Price target decreased by 14% to CA$2.50

Price target decreased by 13% to CA$2.71

Price target decreased by 7.7% to CA$3.00

Consensus revenue estimates decrease by 15%

Price target increased by 11% to CA$5.25

Price target decreased by 8.0% to CA$4.67

Recent updates

Independent Director recently bought CA$144k worth of stock

Upcoming dividend of CA$0.01 per share

First quarter dividend of CA$0.01 announced

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Insufficient new directors

ECN Capital Corp. to Report Q1, 2024 Results on May 09, 2024

ECN Capital Corp., Annual General Meeting, May 23, 2024

CEO & Executive Director recently bought CA$537k worth of stock

ECN Capital (TSE:ECN) Is Due To Pay A Dividend Of $0.01

Fourth quarter dividend of CA$0.01 announced

Price target decreased by 14% to CA$2.50

Full year 2023 earnings: EPS and revenues miss analyst expectations

BharCap Partners, LLC acquired Red OAK Inventory Finance, LLC from ECN Capital Corp. (TSX:ECN).

ECN Capital Corp. to Report Q4, 2023 Results on Mar 21, 2024

Upcoming dividend of CA$0.01 per share at 1.5% yield

CEO & Executive Director recently bought CA$523k worth of stock

ECN Capital Corp. Declares Quarterly Dividend, Payable on January 2, 2024

Price target decreased by 13% to CA$2.71

Third quarter 2023 earnings released: US$0.02 loss per share (vs US$0.026 profit in 3Q 2022)

ECN Capital Corp. to Report Q3, 2023 Results on Nov 13, 2023

Price target decreased by 7.7% to CA$3.00

ECN Capital Corp. Appoints Tawn Kelley to the Board of Directors and Credit and Risk Committee

CEO & Executive Director recently bought CA$590k worth of stock

Upcoming dividend of CA$0.01 per share at 1.6% yield

CEO & Executive Director recently bought CA$515k worth of stock

Consensus revenue estimates decrease by 15%

ECN Capital Corp. announced that it expects to receive CAD 185.44 million in funding from Skyline Champion Corporation

ECN Capital Corp. to Report Q2, 2023 Results on Aug 14, 2023

Upcoming dividend of CA$0.01 per share at 1.3% yield

ECN Capital's (TSE:ECN) Dividend Will Be $0.01

ECN Capital Corp. Declares Quarterly Dividend, Payable on June 30, 2023

First quarter 2023 earnings released: US$0.09 loss per share (vs US$0.018 profit in 1Q 2022)

ECN Capital Corp. to Report Q1, 2023 Results on May 15, 2023

Upcoming dividend of CA$0.01 per share at 1.5% yield

Full year 2022 earnings released: EPS: US$0.017 (vs US$0.04 loss in FY 2021)

Price target increased by 11% to CA$5.25

Investor sentiment improves as stock rises 19%

Price target decreased by 8.0% to CA$4.67

Consensus EPS estimates increase by 32%

Upcoming dividend of CA$0.01 per share

Independent Director recently bought CA$81k worth of stock

Insufficient new directors

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

ECN Capital Corp. Declares Quarterly Dividend, Payable on December 30, 2022

Now 22% undervalued after recent price drop

ECN Capital Corp. to Report Q3, 2022 Results on Nov 09, 2022

Price target decreased to CA$7.59

Stone Point Capital LLC completed the acquisition of Kessler Financial Services, L.P. from ECN Capital Corp. (TSX:ECN).

CEO & Executive Director recently bought CA$478k worth of stock

Upcoming dividend of CA$0.01 per share

CEO & Executive Director recently bought CA$794k worth of stock

Funds managed by Stone Point Capital LLC entered into a definitive agreement to acquire Kessler Financial Services, L.P. from ECN Capital Corp. (TSX:ECN) for $210 million.

Now 22% undervalued

Price target increased to CA$8.13

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

ECN Capital Corp. (TSX:ECN) acquired Intercoastal Financial Group, LLC for CAD 75 million.

ECN Capital Corp. to Report Q2, 2022 Results on Aug 11, 2022

Upcoming dividend of CA$0.01 per share

CEO & Executive Director recently bought CA$568k worth of stock

ECN Capital Board Declares Quarterly Dividend Payable on June 30, 2022

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

ECN Capital Corp. to Report Q1, 2022 Results on May 12, 2022

Insufficient new directors

ECN Capital (TSE:ECN) Will Pay A Smaller Dividend Than Last Year

Chief Credit Officer recently bought CA$263k worth of stock

Full year 2021 earnings: EPS and revenues miss analyst expectations

ECN Capital Corp. Declares Quarterly Dividend, Payable on March 31, 2022

Consensus forecasts updated

ECN Capital Corp. to Report Q4, 2021 Results on Mar 01, 2022