ECN.TO - ECN Capital Corp.

Toronto - Toronto Delayed Price. Currency in CAD
3.87
+0.05 (+1.31%)
At close: 4:00PM EDT
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Previous Close3.82
Open3.79
Bid3.83 x 0
Ask3.83 x 0
Day's Range3.79 - 3.89
52 Week Range3.31 - 4.40
Volume1,952,531
Avg. Volume1,104,343
Market Cap1.258B
BetaN/A
PE Ratio (TTM)21.74
EPS (TTM)0.18
Earnings DateN/A
Forward Dividend & Yield0.04 (1.06%)
Ex-Dividend Date2018-09-27
1y Target Est3.85
  • GlobeNewswireyesterday

    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.

  • ACCESSWIRE13 days 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 ...

  • ACCESSWIRElast month

    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 ...

  • GlobeNewswire2 months ago

    ECN Capital Reports US$0.04 in Adjusted Earnings per Common Share in Q2-2018

    ECN Capital Corp. (ECN.TO) (“ECN Capital” or the “Company”) today reported financial results for the three-month period ending June 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 June 30, 2018, ECN Capital reported Adjusted Net Income applicable to common shareholders of $13.4 million or $0.04 per share (basic) versus $4.9 million or $0.01 per share (basic) for the previous three-month period ending March 31, 2018 and $8.0 million or $0.02 per share (basic) for the same period last year.

  • Why You Should Not Buy ECN Capital Corp (TSE:ECN) For Dividend
    Simply Wall St.2 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...

  • GlobeNewswire2 months ago

    ECN Capital Announces New Time for Q2-2018 Conference Call

    TORONTO, Aug. 01, 2018-- ECN Capital Corp. announced today that it has changed the time of its Q2-2018 results release and conference call.. The Company now intends to file its financial statements and ...

  • GlobeNewswire2 months ago

    ECN Capital Schedules Q2-2018 Conference Call

    TORONTO, July 26, 2018-- ECN Capital Corp. announced today that it intends to file its financial statements and management discussion and analysis for the three-month period ended June 30, 2018 before ...

  • ACCESSWIRE2 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 ...

  • GlobeNewswire3 months ago

    TSX Approves ECN Capital’s Normal Course Issuer Bid

    ECN Capital Corp. (ECN.TO) (“ECN Capital” or the “Company”) today announced that the Toronto Stock Exchange (the “TSX”) has approved the Company’s notice of intention to commence a Normal Course Issuer Bid (the “Bid”). This announcement renews ECN’s NCIB program that was set to expire on July 4, 2018. Pursuant to the Bid, the Company may repurchase on the open market (or as otherwise permitted), up to 31,339,030 common shares of the Corporation (the “Common Shares”), representing approximately 10% of the “public float” of the Common Shares (within the meaning of the rules of the TSX), subject to the normal terms and limitations of such a bid.  ECN Capital may purchase its Common Shares at its discretion during the period commencing on July 5, 2018 and ending on the earlier of July 4, 2019 and the completion of purchases under the Bid.

  • ACCESSWIRE4 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 Group4 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 Group5 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 Group5 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 ...

  • ACCESSWIRE6 months ago

    Today’s Research Reports on Westaim, ECN Capital, Intact Financial and Founders Advantage Capital

    NEW YORK, NY / ACCESSWIRE / March 23, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...

  • Axis Auto Finance Signs Definitive Agreement to Acquire Trend Financial Corp. and Announces the Appointment of Todd Hudson as CEO
    CNW Group7 months ago

    Axis Auto Finance Signs Definitive Agreement to Acquire Trend Financial Corp. and Announces the Appointment of Todd Hudson as CEO

    The acquisition of Trend Financial Corp. roughly doubles Axis' portfolio of net finance assets to approximately $110 million. Concurrent marketed overnight underwritten private placement with a syndicate of underwriters, to be led by Canaccord Genuity Corp. and INFOR Financial Inc., of subscription receipts and extendible convertible debentures for aggregate gross proceeds of approximately $24 million. TORONTO, March 6, 2018 /CNW/ - Axis Auto Finance Inc. (TSXV:AXIS.V - News) ("Axis" or "the Company"), one of Canada's fastest growing publicly-traded automotive finance companies, today announced that it has entered into a share purchase agreement to acquire Trend Financial Corp. ("Trend Financial") for consideration of approximately $29.3 million (the "Transaction").