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TSE:POW

Power Co. of Canada (POW) Stock Price, News & Analysis

C$39.81
-0.50 (-1.24%)
(As of 05/28/2024 ET)
Today's Range
C$39.57
C$40.58
50-Day Range
C$36.04
C$40.40
52-Week Range
C$32.33
C$40.59
Volume
1.25 million shs
Average Volume
2.72 million shs
Market Capitalization
C$23.69 billion
P/E Ratio
9.71
Dividend Yield
5.65%
Price Target
C$43.00

Power Co. of Canada MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
8.0% Upside
C$43.00 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.26mentions of Power Co. of Canada in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.98 out of 5 stars

POW stock logo

About Power Co. of Canada Stock (TSE:POW)

Power Corporation of Canada, an international management and holding company, offers financial services in North America, Europe, and Asia. It operates through Lifeco, IGM Financial, and GBL segments. The company offers life, health and dental, disability, critical illness, and creditor insurance; accidental death and dismemberment; retirement savings and income and annuity products; and life assurance, pension, and investment products to individuals and small business owners. It also provides investment services, asset management and reinsurance business; wealth management; strategic investment; listed and private investments, as well as of alternative investments; employer-sponsored retirement savings plans in the public/non-profit and corporate sectors; and payout annuity and equity release mortgages products. The company was incorporated in 1925 and is based in Montreal, Canada. Power Corporation of Canada operates as a subsidiary of Pansolo Holding Inc.

POW Stock Price History

POW Stock News Headlines

MAX Power Closes $1.9 Million Private Placement
Power Corporation Announces Election of Directors
See More Headlines
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Company Calendar

Ex-Dividend for 5/1 Dividend
3/27/2024
Dividend Payable
5/01/2024
Last Earnings
5/08/2024
Today
5/29/2024
Next Earnings (Estimated)
8/08/2024

Industry, Sector and Symbol

Industry
Insurance - Life
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
2
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$43.00
High Stock Price Target
C$47.00
Low Stock Price Target
C$39.00
Potential Upside/Downside
+8.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
C$2.77 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$33.70 billion
Cash Flow
C$249.59 per share
Book Value
C$33.04 per share

Miscellaneous

Free Float
N/A
Market Cap
C$23.69 billion
Optionable
Not Optionable
Beta
1.10
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Key Executives

  • Mr. Robert Jeffrey Orr (Age 65)
    President, CEO & Director
    Comp: $5.13M
  • Mr. Claude Genereux (Age 62)
    Executive Vice-President
    Comp: $4.28M
  • Mr. Denis Le Vasseur C.A.
    C.P.A., FCPA, Vice President & Controller
  • Mr. Jake P. Lawrence
    Executive VP & CFO
  • Mr. Luc Reny ASC
    C.F.A., Vice-President of Human Resources & Administration
  • Mr. Stéphane Lemay (Age 56)
    VP, General Counsel & Secretary
  • Mr. Olivier Andre Desmarais (Age 41)
    Senior Vice-President
  • Mr. Paul Guy Desmarais III (Age 42)
    Senior Vice-President
  • Mr. Paul C. Genest
    Senior Vice-President
  • Mr. Jocelyn Lefebvre C.A. (Age 67)
    CPA, Vice Chairman of Europe

POW Stock Analysis - Frequently Asked Questions

Should I buy or sell Power Co. of Canada stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Power Co. of Canada in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" POW shares.
View POW analyst ratings
or view top-rated stocks.

What is Power Co. of Canada's stock price target for 2024?

7 analysts have issued twelve-month price objectives for Power Co. of Canada's stock. Their POW share price targets range from C$39.00 to C$47.00. On average, they anticipate the company's share price to reach C$43.00 in the next year. This suggests a possible upside of 8.0% from the stock's current price.
View analysts price targets for POW
or view top-rated stocks among Wall Street analysts.

How have POW shares performed in 2024?

Power Co. of Canada's stock was trading at C$37.89 on January 1st, 2024. Since then, POW shares have increased by 5.1% and is now trading at C$39.81.
View the best growth stocks for 2024 here
.

When is Power Co. of Canada's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024.
View our POW earnings forecast
.

How were Power Co. of Canada's earnings last quarter?

Power Co. of Canada (TSE:POW) announced its earnings results on Wednesday, May, 8th. The financial services provider reported $1.12 earnings per share for the quarter, topping analysts' consensus estimates of $1.09 by $0.03. The financial services provider earned $2.73 billion during the quarter. Power Co. of Canada had a trailing twelve-month return on equity of 10.37% and a net margin of 7.84%.

How often does Power Co. of Canada pay dividends? What is the dividend yield for Power Co. of Canada?

Power Co. of Canada declared a quarterly dividend on Wednesday, May 8th. Investors of record on Friday, June 28th will be paid a dividend of 0.563 per share on Thursday, August 1st. This represents a $2.25 dividend on an annualized basis and a yield of 5.66%. The ex-dividend date is Friday, June 28th.
Read our dividend analysis for POW
.

Is Power Co. of Canada a good dividend stock?

Power Co. of Canada (TSE:POW) pays an annual dividend of C$2.25 per share and currently has a dividend yield of 5.72%. POW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 54.88%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for POW.

What other stocks do shareholders of Power Co. of Canada own?
How do I buy shares of Power Co. of Canada?

Shares of POW stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:POW) was last updated on 5/29/2024 by MarketBeat.com Staff

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