TSE:PRL
Propel Holdings (PRL.TO)
Financials 
Technical Analysis 
Jun 3, 2026, 12:00 amThis summary was created by AI, based on 35 opinions in the last 12 months.
Propel Holdings (PRL-T) is exhibiting a mix of strengths and challenges as highlighted by various experts. While several analysts recognize its potential for strong growth and appreciate its solid management, there are concerns related to the economic environment and the inherent risks of sub-prime lending. The company's use of AI in credit assessments and its focus on the US market have been noted as positive factors. However, rising delinquencies and credit loss provisions are causing caution among investors. Despite recent sell-offs, many believe the stock is undervalued relative to its growth potential, attributing its decline to broader industry pressures rather than a fundamental weakness in its business model.
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Premium contentOn the back of record earnings recently reported, we reiterate PRL as a TOP PICK. Demand from consumers for credit is soaring, leading to a 40% increase in originations. Management is operating prudently as cash reserves continue to grow, while debt is reduced. It trades at 20x earnings and supports a 36% ROE. The dividend was recently increased, but is still comfortably covered with cash flow. We recommend trailing up the stop (from $20) to $24, looking to achieve $33 -- upside potential of 20%. Yield 1.2%
(Analysts’ price target is $32.95)Premium contentWe again reiterate this direct lender to individuals, as a TOP PICK. It trades at 20x earnings and supports a 33% ROE. The company is prudently using some cash reserves to retire debt. Recently reported earnings showed a 77% increase in net income and a record level loans that had grown by 39%. We continue to recommend a tight stop at $20, looking to achieve $32 -- upside potential over 26%. Yield 2.2%
(Analysts’ price target is $31.88)One of the largest holdings in the fund. One of the best small cap growth stocks in Canada. Doubling of profits every single year. Expecting ~20% growth going forward. ~30% ROE, with minimum leverage. Lending in the US market with small base (able to grow). Highly aligned management that is top notch. Non-prime lender - but accounting for this with higher rates. Ability to underwrite without a human - tech very strong. 2% dividend yield is safe.
Jordan ZinbergPremium contentWe reiterate PRL, a direct lender to individuals, as a TOP PICK. It trades at 19x earnings and under 2x book, while supporting a 33% ROE. Recently reported earnings showed a 77% increase in net income and a record level loans that had grown by 39%. We continue to recommend a tight stop at $20, looking to achieve $31 -- upside potential over 30%. Yield 2.2%
(Analysts’ price target is $31.08)PRL's dividend has increased by 30% compared to the same quarter for the previous year, and much of this increase is in relation to its rising stock price. From 2021 to the end of 2023, its quarterly dividend payment was between $0.095 and $0.105, and its yield was between 5% and 6%. In late 2023 when its share price began to appreciate rapidly, its dividend yield dropped as a result, and to maintain an attractive yield PRL has been raising its dividend payment. Its yield now stands at 2.3% and has been fairly stable since early this year.
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Premium contentWe reiterate this lender to consumers as a TOP PICK. Recently reported earnings showed a 47% increase in revenues and 77% increase in net income. Management reported a record quarter for new loan originations. The company is prudently using some cash reserves to aggressively retire debt. It trades at 19x earnings and supports a 33% ROE. We recommend trailing up the stop (from $16) to $20, looking to achieve $31 -- upside potential of 30%. Yield 1.3%
(Analysts’ price target is $31.25)Consistently profitable, raising dividend. No bricks and mortar, works with credit unions. Uses AI to follow your tracks to get a more enhanced credit score, so it's a better predictor of a borrower's credit worthiness. We'll need to get data from a credit cycle, but so far credit quality seems to be really strong. Yield is 2.3%.
(Analysts’ price target is $31.10)
Jason DonvillePremium content
Premium contentHe likes and knows it really well. Management is doing an excellent job. It has doubled its profits every year for the last 3 years. It is hard to keep up this pace but it should be able to continue to have healthy growth and profits. Has a high ROC, good dividend, single digit multiples. Management and insiders own lots.
Jordan ZinbergPremium contentAfter recently reporting earnings per share growth of 65% with a 54% increase in revenues, we select PRL as a TOP PICK. We like that quarterly cash reserves are growing, while debt is repaid. The company provided loans and lines of credit to 164,000 customers last year using its AI based online platform. It trades at 15x earnings and supports a 30% ROE. We recommend setting a stop-loss at $12, looking to achieve $22 — upside potential of 48%. Yield 1.9%
(Analysts’ price target is $22.38)
He owns 3-4 fintechs like this. PRL does consumer loans, providing for American credit loans. Great track record. Are growing rapidly and pay a nice dividend now. Shares have rebounded well since last fall. Trades at 8zx cash earnings. Growing this year probably 30%.
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Our PAST TOP PICK with PRL has achieved its target at $33. To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $24) to $27.