Element Fleet Management (TSE:EFN) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

Posted by Brenda Bartman on Jul 16th, 2026

Element Fleet Management Corp. (TSE:EFN – Get Free Report)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$31.38 and traded as low as C$29.66. Element Fleet Management shares last traded at C$29.86, with a volume of 781,180 shares trading hands.

Analysts Set New Price Targets

EFN has been the subject of several recent research reports. Royal Bank Of Canada decreased their price objective on Element Fleet Management from C$47.00 to C$40.00 and set an “outperform” rating for the company in a report on Friday, May 8th. TD cut their target price on shares of Element Fleet Management from C$41.00 to C$38.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Finally, Raymond James Financial lowered shares of Element Fleet Management from a “strong-buy” rating to an “outperform” rating and cut their target price for the stock from C$42.50 to C$42.00 in a research report on Thursday, May 7th. Eight analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of C$41.88.

Get Our Latest Stock Analysis on EFN

Element Fleet Management Price Performance

The business’s 50-day moving average price is C$28.10 and its 200 day moving average price is C$31.38. The stock has a market capitalization of C$11.82 billion, a PE ratio of 40.35, a price-to-earnings-growth ratio of 2.97 and a beta of 0.61. The company has a debt-to-equity ratio of 358.10, a quick ratio of 5.70 and a current ratio of -1,554.01.

Element Fleet Management (TSE:EFN – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The financial services provider reported C$0.49 earnings per share (EPS) for the quarter. The company had revenue of C$879.58 million for the quarter. Element Fleet Management had a return on equity of 10.62% and a net margin of 12.38%. Research analysts forecast that Element Fleet Management Corp. will post 1.6884016 earnings per share for the current year.

Element Fleet Management Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 15th were issued a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.60 annualized dividend and a dividend yield of 2.0%. Element Fleet Management’s dividend payout ratio (DPR) is presently 52.84%.

Insider Activity

In related news, insider Laura Lee Dottori-Attanasio bought 35,800 shares of the company’s stock in a transaction on Tuesday, June 16th. The stock was acquired at an average cost of C$27.94 per share, for a total transaction of C$1,000,252.00. Following the completion of the transaction, the insider directly owned 397,600 shares in the company, valued at C$11,108,944. This trade represents a 9.89% increase in their position. Also, Director George Keith Graham acquired 2,000 shares of the company’s stock in a transaction dated Tuesday, June 16th. The shares were bought at an average cost of C$28.00 per share, with a total value of C$56,000.00. Following the completion of the acquisition, the director directly owned 27,000 shares in the company, valued at C$756,000. The trade was a 8.00% increase in their position. In the last 90 days, insiders acquired 38,420 shares of company stock worth $1,073,612. 0.26% of the stock is currently owned by insiders.

Element Fleet Management Company Profile

(Get Free Report)

Element Financial separated into two independent public companies in October 2016. The former company now consists of Element Fleet Management, a global fleet management company, and ECN Capital, a commercial finance company. Element Fleet Management provides management services and financing for commercial vehicle and equipment fleets. The company’s suite of fleet management services deals with acquisition and financing, to program management and remarketing. ECN Capital operates across North America in three verticals of the equipment finance market: commercial and vendor finance, rail finance, and commercial aviation finance.