ECN Capital (TSX:ECN) - Stock Price, News & Analysis

ECN Stock Overview

ECN Capital Corp. originates, manages, and advises on credit assets on behalf of its partners in North America.

ECN fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	6/6
Past Performance	0/6
Financial Health	1/6
Dividends	1/6

Rewards

Earnings are forecast to grow 131.51% per year

Risk Analysis

Has less than 1 year of cash runway

Dividend of 2.28% is not well covered by earnings or cash flows

Shareholders have been diluted in the past year

ECN Capital Corp. Competitors

Chesswood Group

TSX:CHW

CA$145.0m

Accord Financial

TSX:ACD

CA$39.9m

Solution Financial

TSX:SFI

CA$23.3m

MCAN Mortgage

TSX:MKP

CA$593.1m

Price History & Performance

Summary of all time highs, changes and price drops for ECN Capital
Historical stock prices
Current Share Price	CA$1.74
52 Week High	CA$3.31
52 Week Low	CA$1.60
Beta	1.22
1 Month Change	-3.33%
3 Month Change	-37.63%
1 Year Change	-44.59%
3 Year Change	-78.62%
5 Year Change	-59.44%
Change since IPO	-47.11%

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

Mar 25

Recent updates

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

Feb 10

ECN Capital (TSE:ECN) Has Affirmed Its Dividend Of CA$0.03

Sep 09

ECN Capital (TSE:ECN) Will Pay A Dividend Of CA$0.03

Aug 16

Shareholder Returns

	ECN	CA Diversified Financial	CA Market
7D	0%	-1.3%	-0.6%
1Y	-44.6%	-20.8%	3.9%

Return vs Industry: ECN underperformed the Canadian Diversified Financial industry which returned -20.8% over the past year.

Return vs Market: ECN underperformed the Canadian Market which returned 3.9% over the past year.

Price Volatility

Is ECN's price volatile compared to industry and market?
ECN volatility
ECN Average Weekly Movement	9.3%
Diversified Financial Industry Average Movement	6.1%
Market Average Movement	9.1%
10% most volatile stocks in CA Market	18.3%
10% least volatile stocks in CA Market	3.1%

Stable Share Price: ECN's share price has been volatile over the past 3 months.

Volatility Over Time: ECN's weekly volatility (9%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2016	620	Steve Hudson	www.ecncapitalcorp.com

ECN Capital Corp. originates, manages, and advises on credit assets on behalf of its partners in North America. It operates in two segments, Manufactured Housing Finance; and Recreational Vehicle and Marine Finance. The company offers consumer loans, including manufactured housing, recreational vehicle, and marine loans; and commercial loans, such as inventory finance or floorplan loans.

ECN Capital Corp. Fundamentals Summary

How do ECN Capital's earnings and revenue compare to its market cap?
ECN fundamental statistics
Market cap	CA$489.15m
Earnings (TTM)	-CA$154.70m
Revenue (TTM)	CA$108.91m

4.5x

P/S Ratio

-3.2x

P/E Ratio

Is ECN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ECN income statement (TTM)
Revenue	US$79.48m
Cost of Revenue	US$0
Gross Profit	US$79.48m
Other Expenses	US$192.38m
Earnings	-US$112.90m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.40
Gross Margin	100.00%
Net Profit Margin	-142.05%
Debt/Equity Ratio	439.5%

How did ECN perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

-7%

Payout Ratio

ECN Stock Overview

Rewards

Risk Analysis

ECN Capital Corp. Competitors

TSX:CHW

CA$145.0m

TSX:ACD

CA$39.9m

TSX:SFI

CA$23.3m

TSX:MKP

CA$593.1m

Price History & Performance

Recent News & Updates

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

Recent updates

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