goeasyGSY.TOTOP PICKJul 04, 2023Stock price when the opinion was issued
As of Jun 10, 2026. Market Open.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They can adapt their pricing fairly easily with higher rates. Business could also improve if customers get tighter on money with rates rising. The company has been growing and recent large dividend increases makes it attractive. Unlock Premium - Try 5i Free
We reiterate GSY, a non-prime lending and lease company in Canada, as a TOP PICK. Quarterly cash reserves increased, while debt was retired. It trades at 11x earnings, 2x book and supports a 20% ROE. Its dividend is backed by a payout ratio under 40% of cash flow. We continue to recommend a stop-loss at $90, looking to achieve $162 -- upside potential of 44%. Yield 3.3%
(Analysts’ price target is $162.10)