Desjardins Lifts Earnings Estimates for Great-West Lifeco

Great-West Lifeco Inc. (TSE:GWO - Free Report) - Equities research analysts at Desjardins increased their Q2 2025 EPS estimates for shares of Great-West Lifeco in a research report issued to clients and investors on Thursday, July 10th. Desjardins analyst D. Young now expects that the company will post earnings of $1.20 per share for the quarter, up from their previous estimate of $1.18. The consensus estimate for Great-West Lifeco's current full-year earnings is $4.45 per share.

Several other research analysts also recently weighed in on the stock. National Bankshares cut their target price on shares of Great-West Lifeco from C$53.00 to C$52.00 and set a "sector perform" rating for the company in a research note on Thursday, May 8th. CIBC dropped their price target on shares of Great-West Lifeco from C$60.00 to C$57.00 and set an "outperform" rating for the company in a research report on Thursday, May 1st. Jefferies Financial Group cut their price target on shares of Great-West Lifeco from C$58.00 to C$57.00 in a research note on Monday, April 21st. TD Securities upped their price objective on Great-West Lifeco from C$53.00 to C$62.00 and gave the stock a "buy" rating in a report on Thursday, April 3rd. Finally, Royal Bank Of Canada set a C$53.00 target price on Great-West Lifeco and gave the stock a "sector perform" rating in a research report on Tuesday, April 15th. Six analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of C$55.56.

Great-West Lifeco Stock Performance

GWO stock traded up C$0.15 during trading on Monday, hitting C$51.84. The stock had a trading volume of 1,648,827 shares, compared to its average volume of 3,051,173. The company's 50 day moving average price is C$51.34 and its two-hundred day moving average price is C$51.18. Great-West Lifeco has a 1-year low of C$39.45 and a 1-year high of C$57.61. The stock has a market cap of C$48.26 billion, a price-to-earnings ratio of 11.86, a price-to-earnings-growth ratio of 2.26 and a beta of 0.84.

Great-West Lifeco Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 30th were issued a $0.61 dividend. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $2.44 annualized dividend and a yield of 4.71%. Great-West Lifeco's payout ratio is 50.79%.

Insider Activity at Great-West Lifeco

In other Great-West Lifeco news, Senior Officer David Martin Harney sold 20,700 shares of the stock in a transaction that occurred on Monday, May 26th. The shares were sold at an average price of C$51.85, for a total value of C$1,073,263.95. Also, Senior Officer Dervla Mary Tomlin sold 36,700 shares of the stock in a transaction that occurred on Friday, May 16th. The shares were sold at an average price of C$51.05, for a total transaction of C$1,873,520.32. 70.70% of the stock is owned by company insiders.

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.