Q1 Earnings Forecast for TSE:GWO Issued By Desjardins

Great-West Lifeco Inc. (TSE:GWO - Free Report) - Desjardins issued their Q1 2025 earnings per share estimates for shares of Great-West Lifeco in a research note issued to investors on Thursday, April 17th. Desjardins analyst D. Young expects that the company will post earnings of $1.13 per share for the quarter. Desjardins currently has a "Hold" rating and a $53.00 price objective on the stock. The consensus estimate for Great-West Lifeco's current full-year earnings is $4.45 per share.

A number of other equities research analysts have also recently weighed in on GWO. Royal Bank of Canada set a C$53.00 price target on Great-West Lifeco and gave the company a "sector perform" rating in a research note on Tuesday, April 15th. Jefferies Financial Group lowered their price target on shares of Great-West Lifeco from C$58.00 to C$57.00 in a report on Monday. CIBC upgraded Great-West Lifeco from a "neutral" rating to an "outperform" rating and boosted their price objective for the stock from C$56.00 to C$60.00 in a report on Friday, February 7th. Barclays lowered their target price on Great-West Lifeco from C$48.00 to C$47.00 in a research note on Friday, April 11th. Finally, BMO Capital Markets boosted their price target on Great-West Lifeco from C$54.00 to C$59.00 and gave the company a "market perform" rating in a research note on Thursday, April 3rd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of C$54.89.

Great-West Lifeco Stock Performance

Great-West Lifeco stock traded up C$0.49 during midday trading on Friday, reaching C$52.70. 346,581 shares of the company's stock were exchanged, compared to its average volume of 2,878,522. The stock's 50-day simple moving average is C$53.08 and its 200 day simple moving average is C$49.63. The firm has a market cap of C$49.06 billion, a price-to-earnings ratio of 12.06, a P/E/G ratio of 2.26 and a beta of 0.84. Great-West Lifeco has a 52 week low of C$38.44 and a 52 week high of C$57.61.

Great-West Lifeco Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 31st were paid a $0.61 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $2.44 annualized dividend and a dividend yield of 4.63%. This is an increase from Great-West Lifeco's previous quarterly dividend of $0.56. Great-West Lifeco's dividend payout ratio is currently 50.79%.

Insider Buying and Selling

In other news, Senior Officer Linda Kerrigan sold 8,500 shares of the business's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of C$51.64, for a total value of C$438,927.25. Also, insider L.P. Great-West Lifeco U.S. Holdings sold 75,457 shares of the firm's stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of C$53.44, for a total value of C$4,032,671.09. Insiders have sold a total of 144,257 shares of company stock worth $7,640,646 in the last ninety days. Company insiders own 70.70% of the company's stock.

Great-West Lifeco Company Profile

Great-West Lifeco is one of the three big Canadian life insurance firms. With just under half of the firm's profit and revenue in Canada, Great-West also operates in the U.S. and Europe. In Canada, Great-West provides both individual and group insurance. In the United States, Great-West operates Putnam Investments and defined-contribution recordkeeping firm Empower Retirement.