
TSE:EIF
This summary was created by AI, based on 17 opinions in the last 12 months.
Exchange Income Corporation (EIF) is highly regarded among experts for its strong performance and potential for growth. The company, which specializes in transportation and industrial services, particularly in the Canadian Arctic, benefits from increasing defense spending and a growing backlog of projects. Many analysts highlight its healthy dividend, consistent revenue streams, and strategic acquisitions as key factors driving its long-term value. While the stock has shown substantial momentum and is trading near all-time highs, there are concerns about potential volatility and a market correction looming in mid-year. Overall, experts maintain a bullish outlook on EIF, with several recommending accumulation at lower prices.
He met the company last year. Similar to DIV-T, comprised of many businesses, and you buy this for the dividend. There are some good businesses here, but valuing those companies can be difficult. Good for dividend investors.
Just made a recent acqusition that's doing well. 78% payout ratio. 7% dividend is fine this year. Sees 20% EPS growth. 11x earnings, lower than 14x 4-year average. He likes it. It's held up really well when other industrials are getting killed. The one problem though is their net debt-to-EBITDA which is 3x. This is trending in the right direction.
Payout ratio is 78%, pretty safe. Modelling 20% EPS growth. Recent acquisition is performing well. Pretty cheap. Have had higher labour costs. Two things to watch: 1) very whippy, as it’s a small cap, 2) balance sheet, if we’re going into a recession. If we don’t have a recession for a while, you can do quite well. (Analysts’ price target is around $34.)