Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
goeasy ( (TSE:GSY) ) has issued an announcement.
Goeasy reported a 20% year‑end increase in its consumer loan portfolio to $5.51 billion and a 17% rise in quarterly loan originations to $951.5 million, but revenue in the fourth quarter of 2025 was essentially flat at $406.3 million as lower yields offset growth. The company swung to a steep quarterly loss, driven by $177.9 million in incremental charge‑offs and a $159.6 million goodwill impairment tied to its LendCare unit, a higher allowance for expected credit losses, and restatements of prior‑period financial statements that it said should replace previously filed results.
The deterioration in credit performance pushed the annualized net charge‑off rate to 23.8% from 9.2% a year earlier and led to a diluted loss per share of $20.49, versus earnings per share of $3.12 in the prior‑year quarter. Management said its long‑term outlook remains intact and pledged a focused six‑point plan centered on strengthening the direct‑to‑consumer business, underscoring efforts to stabilize asset quality and rebuild confidence among investors and other stakeholders after the accounting corrections and sharp rise in losses.
The most recent analyst rating on (TSE:GSY) stock is a Buy with a C$61.00 price target. To see the full list of analyst forecasts on goeasy stock, see the TSE:GSY Stock Forecast page.
Spark’s Take on GSY Stock
According to Spark, TipRanks’ AI Analyst, GSY is a Neutral.
goeasy’s overall stock score is driven by strong valuation metrics and positive earnings call highlights, such as record revenue and loan book growth. However, financial performance concerns, including high leverage and negative cash flows, along with bearish technical indicators, weigh on the score.
To see Spark’s full report on GSY stock, click here.
More about goeasy
Goeasy Ltd. is a Canadian non‑prime consumer lender that offers a full suite of financial services to borrowers with below‑prime credit scores. The company focuses on direct‑to‑consumer lending and also operates LendCare, a point‑of‑sale financing business, positioning itself as a major player in Canada’s alternative credit market.
Average Trading Volume: 322,984
Technical Sentiment Signal: Sell
Current Market Cap: C$583.1M
See more data about GSY stock on TipRanks’ Stock Analysis page.