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ECN Capital Corp T.ECN

Alternate Symbol(s):  ECNCF | ECNNF | T.ECN.PR.C | T.ECN.DB | T.ECN.DB.A | T.ECN.DB.B

ECN Capital Corp. is a Canada-based company. The Company is a provider of business services to North American banks, credit unions, life insurance companies, pension funds and institutional investors (collectively, its Partners). It originates, manages and advises on credit assets on behalf of its Partners, specifically consumer (manufactured housing and recreational vehicle and marine) loans and commercial (inventory finance or floorplan) loans. The Company operates through two segments: Manufactured Housing Finance, and Recreational Vehicles (RV) and Marine Finance. Its business segment includes Triad Financial Services, Source One Financial, and Intercoastal Finance Group. The Triad Financial Services is a portfolio solutions platform focused on originating and managing longer duration secured consumer loan portfolios for active partner. The Source One Financial originates prime and super-prime loans to consumers to facilitate the purchase of recreational and marine vehicles.


TSX:ECN - Post by User

Comment by Blueswinon Nov 08, 2024 11:04am
69 Views
Post# 36303226

RE:RE:guidance

RE:RE:guidance What a fantastic move in price today. I wonder if the 4Q might be a little down (estimate .05) because of all the storms around Florida, so they went right too next years projections. It sure seems like things are headed in the right direction. One of the Analysts seemed a little skeptical about next years numbers after missing on Q projections. Hudson reminded him that they have been right on in the last 3 quarters. The whole 2023 & the interest rate increases was a nightmare for ECN. It seems like they found their footing once again & hopefully they hit their targets. It seems like the boat & RV component is starting to be a plus too. Just keep growing & the stock price will go with it! Very good to see. . 
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