National Bank Financial has significantly revised its earnings per share (EPS) estimates for Element Fleet Management Corp. (TSE:EFN), signaling a positive outlook for the financial services provider’s second quarter of 2025. This adjustment reflects ongoing analytical scrutiny and market performance indicators that influence expert projections for publicly traded companies.
Analyst J. Gloyn of National Bank Financial now anticipates Element Fleet Management to achieve an EPS of $0.41 for Q2 2025, a modest but notable increase from the previous forecast of $0.40. This revised projection contributes to a broader consensus estimate of $1.69 per share for the company’s current full-year earnings, providing investors with updated financial targets.
Beyond the immediate quarter, National Bank Financial has also extended its optimistic projections into subsequent periods. The firm estimates Q3 2025 EPS at $0.45, Q4 2025 EPS at $0.45, and a full-year 2025 EPS of $1.70. Looking further ahead, their forecast for fiscal year 2026 earnings stands at an encouraging $1.96 per share, illustrating a sustained positive trajectory for Element Fleet Management.
These bullish forecasts are not isolated, as several other research analysts have weighed in on EFN’s prospects, albeit with varied price target adjustments. Jefferies Financial Group recently lowered its price target, while Keefe, Bruyette & Woods upgraded shares to a “hold” rating. In contrast, BMO Capital Markets and TD Securities both increased their price targets, with TD Securities also assigning a “buy” rating. Royal Bank Of Canada further reinforced confidence by upgrading Element Fleet Management to a “moderate buy” rating.
According to data compiled by MarketBeat.com, Element Fleet Management currently holds a consensus rating of “Moderate Buy” among analysts, with a collective target price of C$38.13. This consensus reflects a generally favorable sentiment within the analytical community regarding the company’s stock performance and future potential.
Shares of Element Fleet Management opened at C$35.99 on Thursday, trading above its 50-day moving average price of C$34.04 and its 200-day moving average price of C$30.97. The company boasts a robust market capitalization of C$10.32 billion, alongside a price-to-earnings ratio of 29.87 and a PEG ratio of 2.97. Its financial health is further highlighted by a debt-to-equity ratio of 303.64, a quick ratio of 5.70, and a current ratio of 7.04, indicating strong liquidity and solvency.
In a recent development for shareholders, Element Fleet Management distributed a quarterly dividend of $0.13 per share on Tuesday, July 15th, with the ex-dividend date being Monday, June 30th. This translates to an annualized dividend of $0.52 and a dividend yield of 1.4%, with the company’s dividend payout ratio currently at 39.84%, demonstrating a commitment to returning value to investors.
Tracing its origins, Element Financial underwent a strategic separation in October 2016, leading to the formation of two distinct public entities: Element Fleet Management and ECN Capital. Element Fleet Management has since established itself as a global leader in providing management services and financing solutions for commercial vehicle and equipment fleets, solidifying its position within the competitive financial services sector.
