TSE:EIF

Exchange Income (EIF.TO)

127.48
-2.99 (2.29%)
as of Jul 16, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJul 16, 2026, 12:00 am

This summary was created by AI, based on 15 opinions in the last 12 months.

Exchange Income Corp. (EIF-T) has garnered significant positive attention from various experts, making it a prominent player in the Canadian stock market. With a strong focus on aviation and industrial services, the company is well-positioned to benefit from increased defense and infrastructure spending, particularly in remote northern regions of Canada. The company has consistently increased its dividend over the past 20 years, showcasing its robust financial health and growth prospects. Although currently trading at a high price-to-earnings ratio, many analysts express confidence in its long-term growth potential, with a solid backlog of contracts and good management backing its operations. Experts encourage a buy-and-hold strategy, suggesting that investors should consider waiting for a better entry point due to potential market corrections.

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Consensus
Positive
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Valuation
Overvalued
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CAW,CAE
HOLD
He owns this. It is good value, has good price momentum and does not have high price volatility. The only knock is that they still have a fair amount of debt. The yield is good, but the payout ratio is close to 100% so there is not a lot of wiggle room. It trades at 16 times earnings. Yield 5.8%
BUY
It is a diversified company that grows through acquisition. The dividend is covered with 29% of cash flow. Earnings should grow 15% this year. He thinks in the coming 3 months the stock price will be driven higher.
WEAK BUY
A nice up trend since January 2019 that has hit resistance around $42. Good support at $38 and then $36.50 (200 day moving average). If you own it, hold it. Buying is probably okay here. Yield 6%
BUY
He owns it in an income-seeking fund. Income generator, plus great total return performer. 20% compound annual rate of return since inception. Like a mini-BAM or mini-Onex. Very acquisitive. Good earnings grower and dividend grower. Regional airlines and light manufacturing. Very good management. Yield is 6%.
COMMENT

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.

BUY
A regional jet carrier, with different sub-businesses. An income play. They had difficulty covering repair and maintenance cost. Recently moved out of the pattern. Thinks that it can go up to $45. Possible capital appreciation and dividend play for longterm investors.
WEAK BUY
They just bumped their dividend by 4%. Has a 54% payout ratio. He models 12% EPS growth. It's cheap at 10.6x. He likes it. However, their balance sheet is 3.4x net debt to EBITDA. And it's a small name so vulnerable to market swings.
BUY ON WEAKNESS
He was buying this around $28. They own airlines that fly into the First Nations lands. It is very well run. If it dipped into $35 he would buy more. It has a nice dividend with good growth.
COMMENT
Doesn't know this well. It had a big jump in late-February and has been rising since. This will be insensitive to interest rate moves. It's had a wild wild since 2016. Pays a dividend over 5%, but be careful buying a stock only for a dividend, because the stock price can be volatile.
TOP PICK

They're an aggregator with holdings such as aerospace and manufacturing. They've grown their topline over the last 5 years at 30% annually and bottom line 22% annually. He likes the managers. They're set up to make another big acquisition. (Analysts’ price target is $44.09)

COMMENT
They were once the victim of a short seller report and they came out unharmed. Companies that acquire a lot like they do tend to blow up but they have done smart acquisitions, and maintained and increased their dividend. It would be nice to see more insider buying.
TOP PICK
They focus on aerospace services. Payout ratio of 30%. ROE 16%. He expects 11% growth in earnings. He sees a 30% upside potential. Yield 6.1% (Analysts’ price target is $44.09)
BUY
He likes this name. They are modeling 20% EPS growth, 10% FCF growth. Pays a nice dividend easy for them to pay. Payout ratio of 60%. The only negative is that their balance sheet is a little too levered. The name doesn't get the respect it deserves. he think it is going higher.
PAST TOP PICK
(A Top Pick Mar 21/18, Down 7%) He thinks it will continue to grow through acquisition. It is a potential buy again. The payout ratio is 35%. Yield 7.5%
BUY

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.

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