ECN.TO - ECN Capital Corp.

Toronto - Toronto Delayed Price. Currency in CAD
3.5200
+0.0200 (+0.57%)
At close: 4:15PM EST
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Previous Close3.5000
Open3.5000
Bid3.50 x 0
Ask3.53 x 0
Day's Range3.4800 - 3.5400
52 Week Range3.1300 - 4.1000
Volume481,708
Avg. Volume1,213,485
Market Cap1.08B
Beta (3Y Monthly)1.20
PE Ratio (TTM)23.47
EPS (TTM)0.15
Earnings DateN/A
Forward Dividend & Yield0.04 (1.23%)
Ex-Dividend Date2018-12-28
1y Target Est3.59
  • GlobeNewswire4 days ago

    ECN Capital Announces Commencement of C$265 Million Substantial Issuer Bid

    ECN Capital Corp. (ECN.TO) (“ECN Capital” or the “Company”) announced today that it has formally commenced its previously announced substantial issuer bid, pursuant to which the Company is offering to purchase for cancellation up to C$265 million of its outstanding common shares (“Shares”) from shareholders for cash (the “Offer”). The Offer is proceeding by way of a modified “Dutch auction” within a price range of not less than C$3.35 per Share and not more than C$3.75 per Share (in increments of C$0.05 per Share within that range). The Company intends to fund the Offer principally with cash on its balance sheet and secondarily from an amended committed senior credit facility.

  • GlobeNewswire9 days ago

    ECN Capital Announces Intention to Make a Substantial Issuer Bid for up to C$265 Million of its Common Shares and Certain Fourth Quarter Corporate Updates

    ECN Capital Corp. (ECN.TO) (“ECN Capital” or the “Company”), announced today its intention to make a substantial issuer bid pursuant to which the Company will offer to purchase for cancellation up to C$265 million of its outstanding common shares (“Shares”) from shareholders for cash (the “Proposed Bid”). The Company intends to fund the Proposed Bid principally with cash on its balance sheet and secondarily from an amended committed senior credit facility.  The Proposed Bid will commence in early December 2018 and is scheduled to be completed in early January 2019. Today, our Board of Directors has approved the launch of a substantial issuer bid.

  • ACCESSWIRE24 days ago

    Today's Research Reports on ECN Capital, Canadian Imperial Bank of Commerce, Cymbria and Transat A.T.

    NEW YORK / ACCESSWIRE / November 14, 2018 / MarketEdge Report strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us ...

  • Thomson Reuters StreetEvents27 days ago

    Edited Transcript of ECN.TO earnings conference call or presentation 12-Nov-18 10:30pm GMT

    Q3 2018 ECN Capital Corp Earnings Call

  • GlobeNewswire27 days ago

    ECN Capital Reports US$0.07 in Adjusted Earnings per Common Share in Q3-2018

    ECN Capital Corp. (ECN.TO) (“ECN Capital” or the “Company”) today reported financial results for the three-month period ending September 30, 2018. Readers should note that as of January 1, 2018, the Company changed its presentation and functional currency from Canadian dollars to U.S. dollars. For the three-month period ending September 30, 2018, ECN Capital reported Adjusted Net Income applicable to common shareholders of $21.3 million or $0.07 per share (basic) versus $13.4 million or $0.04 per share (basic) for the previous three-month period ending June 30, 2018 and $12.8 million or $0.03 per share (basic) for the same period last year.

  • Is ECN Capital Corp (TSE:ECN) A Volatile Stock?
    Simply Wall St.27 days ago

    Is ECN Capital Corp (TSE:ECN) A Volatile Stock?

    If you own shares in ECN Capital Corp (TSE:ECN) then it’s worth thinking about how it contributes to the volatility of your portfolio, overall. In finance, Beta is a measure Read More...

  • GlobeNewswirelast month

    ECN Capital Schedules Q3-2018 Conference Call

    TORONTO, Oct. 29, 2018 -- ECN Capital Corp. (TSX: ECN) (“ECN Capital” or “the Company”) announced today that it intends to file its financial statements and management.

  • GlobeNewswire2 months ago

    ECN Capital Closes the Sale of 55% of Existing Rail Portfolio

    ECN Capital Corp. (ECN.TO) (“ECN” or the “Company”), announced today that it has closed the sale of Element Rail Leasing I (“ERL I”) representing approximately 55% of its rail finance portfolio to affiliates of Trinity Industries Leasing Company on the terms previously announced. With managed and advised assets of more than US$28 billion, ECN Capital Corp. (ECN.TO) is a leading provider of prime credit portfolios to more than ninety US financial institutions. ECN Capital originates, manages and advises on prime credit assets offering unsecured and secured consumer portfolio solutions as well as credit card portfolios.

  • ACCESSWIRE2 months ago

    Today's Research Reports on Labrador Iron Ore Royalty, CI Financial, Inspira Financial and ECN Capital

    NEW YORK, NY / ACCESSWIRE / October 12, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...

  • GlobeNewswire2 months ago

    ECN Capital Announces Sale of 55% of Existing Rail Portfolio and Inventory Reduction

    ECN Capital Corp. (ECN.TO) (“ECN” or the “Company”), a leading provider of business services to US based banks and credit unions, today announced that it has entered into an agreement to sell railcar assets to affiliates of Trinity Industries Leasing Company for proceeds of $360 million. Including transaction costs, the total after-tax loss will be approximately $29 million, reflecting 0.93x book value of assets.  All Railcar Assets to be sold are owned by ECN’s Railcar ABS Vehicle, Element Rail Leasing I LLC (“ERL I”).  The transaction is expected to close in the fourth quarter of 2018. Upon completion of the sale, ECN’s total rail portfolio will be reduced by approximately 55% to less than $350 million of assets and further de-risked through the elimination of more than 80% of owned tank cars and 100% of the unjacketed DOT-111 tank cars.

  • ACCESSWIRE3 months ago

    Today's Research Reports on Rifco, Integrated Asset Management, Mosaic Capital and ECN Capital

    NEW YORK, NY / ACCESSWIRE / September 12, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...

  • ACCESSWIRE4 months ago

    Today's Research Reports on Findev, Mosaic Capital, ECN Capital and Alaris Royalty

    NEW YORK, NY / ACCESSWIRE / August 15, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...

  • Why You Should Not Buy ECN Capital Corp (TSE:ECN) For Dividend
    Simply Wall St.4 months ago

    Why You Should Not Buy ECN Capital Corp (TSE:ECN) For Dividend

    A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. In the past 2 years ECN Capital Corp (TSE:ECN) hasRead More...

  • ACCESSWIRE5 months ago

    Today's Research Reports on Dundee, ECN Capital, Alaris Royalty and Equitable

    NEW YORK, NY / ACCESSWIRE / July 11, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...

  • ACCESSWIRE6 months ago

    Today’s Research Reports on Inspira Financial, Routemaster Capital, The Westaim and ECN Capital

    NEW YORK, NY / ACCESSWIRE / May 31, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with ...

  • Axis Appoints Paul Stoyan as Chairman of the Board
    CNW Group7 months ago

    Axis Appoints Paul Stoyan as Chairman of the Board

    TORONTO, May 17, 2018 /CNW/ - Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) a non-prime lender servicing the Canadian used vehicle market, announced today that Paul Stoyan will be joining its Board of Directors effective today. Mr. Stoyan will take on the role of Chairman of the Board. "I am excited to join the Axis Board and feel that I can make meaningful contributions to the Company's development," said Mr. Stoyan.

  • CNW Group7 months ago

    IIROC Trade Resumption - ECN

    TORONTO , May 11, 2018 /CNW/ - Trading resumes in: Company: ECN Capital Corp TSX Symbol: ECN Resumption (ET): 8:00 AM IIROC can make a decision to impose a temporary suspension (halt) of trading in a security ...

  • CNW Group7 months ago

    IIROC Trading Halt - ECN

    TORONTO , May 10, 2018 /CNW/ - The following issues have been halted by IIROC: Company: ECN Capital Corp TSX Symbol: ECN Reason: Dissemination Halt Time (ET): 4:39 PM IIROC can make a decision to impose ...