Cormark Issues Negative Outlook for Exchange Income Earnings

Exchange Income Co. (TSE:EIF) – Research analysts at Cormark cut their Q1 2026 earnings per share (EPS) estimates for shares of Exchange Income in a research report issued to clients and investors on Monday, November 10th. Cormark analyst J. Fenwick now forecasts that the company will post earnings of $0.29 per share for the quarter, down from their prior estimate of $0.48. Cormark currently has a “Buy” rating and a $78.50 price target on the stock. The consensus estimate for Exchange Income’s current full-year earnings is $4.00 per share. Cormark also issued estimates for Exchange Income’s Q2 2026 earnings at $0.72 EPS, FY2026 earnings at $3.68 EPS, Q1 2027 earnings at $0.63 EPS, Q2 2027 earnings at $1.03 EPS, Q3 2027 earnings at $1.71 EPS and FY2027 earnings at $4.63 EPS.

Several other research firms have also recently weighed in on EIF. Paradigm Capital increased their price target on shares of Exchange Income from C$68.00 to C$82.00 and gave the company a “buy” rating in a report on Wednesday, August 13th. Desjardins increased their target price on Exchange Income from C$73.00 to C$84.00 and gave the stock a “buy” rating in a research note on Wednesday, August 13th. Royal Bank Of Canada boosted their price target on Exchange Income from C$85.00 to C$94.00 in a research note on Wednesday. Scotiabank upped their price objective on Exchange Income from C$80.00 to C$90.00 in a report on Monday. Finally, Ventum Financial set a C$81.00 target price on Exchange Income and gave the stock a “buy” rating in a report on Tuesday, September 16th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Exchange Income currently has an average rating of “Buy” and an average price target of C$85.19.

Exchange Income Stock Performance

TSE EIF opened at C$76.56 on Wednesday. The stock has a market cap of C$3.93 billion, a PE ratio of 27.74, a P/E/G ratio of 1.42 and a beta of 0.70. The company has a debt-to-equity ratio of 173.72, a quick ratio of 1.13 and a current ratio of 1.76. The firm has a 50-day moving average of C$74.68 and a 200-day moving average of C$66.89. Exchange Income has a 52-week low of C$45.00 and a 52-week high of C$78.91.

Exchange Income (TSE:EIF) last announced its quarterly earnings results on Friday, November 7th. The company reported C$1.24 earnings per share (EPS) for the quarter. Exchange Income had a return on equity of 9.73% and a net margin of 4.64%.The business had revenue of C$959.74 million during the quarter.

Exchange Income Announces Dividend

The business also recently disclosed a sep 25 dividend, which was paid on Wednesday, October 15th. Shareholders of record on Monday, September 29th were issued a $0.22 dividend. Exchange Income’s dividend payout ratio is presently 95.65%.

Exchange Income Company Profile

Exchange Income Corp is a diversified acquisition-oriented corporation focused on opportunities in two sectors, aerospace, aviation services and equipment, and manufacturing. The business plan of the corporation is to invest in profitable, well-established companies with strong cash flows operating in niche markets.