Yahoo Finance Exploring Three High Growth TSX Companies With Substantial Insider Ownership
The Canadian market has experienced a slight decline of 1.1% over the past week, yet it shows a robust annual growth of 9.9%, with earnings projected to increase by 15% annually in the coming years. In such an environment, stocks with substantial insider ownership can be particularly appealing, as they often indicate that those who know the company best are confident in its future prospects.
Top 10 Growth Companies With High Insider Ownership In Canada
Name | Insider Ownership | Earnings Growth |
Payfare (TSX:PAY) | 15% | 57.7% |
goeasy (TSX:GSY) | 21.7% | 15.9% |
Allied Gold (TSX:AAUC) | 22.5% | 68.2% |
Aritzia (TSX:ATZ) | 19% | 51.2% |
ROK Resources (TSXV:ROK) | 16.6% | 159.6% |
Aya Gold & Silver (TSX:AYA) | 10.2% | 51.6% |
Magna Mining (TSXV:NICU) | 10.5% | 95.1% |
Ivanhoe Mines (TSX:IVN) | 13.1% | 65.5% |
Artemis Gold (TSXV:ARTG) | 31.8% | 48.8% |
Almonty Industries (TSX:AII) | 12.3% | 105% |
Underneath we present a selection of stocks filtered out by our screen.
Colliers International Group
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Colliers International Group Inc. is a global commercial real estate and investment management services provider, operating across the Americas, Europe, the Middle East, Africa, and Asia Pacific with a market capitalization of CA$7.58 billion.
Operations: The company generates revenue from various regions, with the Americas contributing CA$2.53 billion, Asia Pacific adding CA$616.58 million, Europe, the Middle East & Africa (EMEA) providing CA$730.10 million, and its Investment Management segment bringing in CA$489.23 million.
Insider Ownership: 14.2%
Return On Equity Forecast: N/A (2027 estimate)
Colliers International Group demonstrates a robust growth trajectory with its recent earnings rebound and positive revenue guidance for 2024, indicating a 5% to 10% increase. Despite trading at a significant discount to its estimated fair value, concerns linger due to its debt not being well covered by operating cash flow. Insider transactions show more buying than selling in the last three months, reflecting confidence from those closest to the company, although there has been notable shareholder dilution within the past year.
goeasy
Simply Wall St Growth Rating: ★★★★★☆
Overview: goeasy Ltd., operating under the easyhome, easyfinancial, and LendCare brands, offers non-prime leasing and lending services in Canada with a market cap of CA$3.18 billion.
Operations: The company generates revenue through its easyhome and easyfinancial segments, totaling CA$153.99 million and CA$1.17 billion respectively.
Insider Ownership: 21.7%
Return On Equity Forecast: 24% (2027 estimate)
goeasy Ltd. is poised for robust growth with earnings expected to increase by 15.9% annually, outpacing the Canadian market forecast of 14.5%. Revenue growth is also strong at a projected 32.7% per year, significantly higher than the market average of 7.1%. However, insider buying over the past three months has not been substantial, and the company's dividend coverage by cash flows remains weak. Recent executive appointments suggest strategic strengthening in leadership which could impact future performance positively.
VersaBank
Simply Wall St Growth Rating: ★★★★☆☆
Overview: VersaBank, operating in Canada and the United States, offers a range of banking products and services with a market capitalization of approximately CA$378.04 million.
Operations: VersaBank generates its revenue through a variety of banking products and services across Canada and the United States.
Insider Ownership: 12.6%
Return On Equity Forecast: N/A (2027 estimate)
VersaBank, a Canadian entity, shows promising growth with expected earnings to increase by 24% annually, surpassing the market's 14.5%. Its revenue growth forecast at 17.4% yearly also outstrips the Canadian market average of 7.1%. Recent financials reveal a robust uptick in net income and interest income year-over-year, with dividends consistently declared across common and preferred shares. Despite these strengths, insider transactions over recent months have not been substantial, suggesting cautious optimism among insiders.
Get an in-depth perspective on VersaBank's performance by reading our analyst estimates report here.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.
Companies discussed in this article include TSX:CIGI TSX:VBNK and
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