E-L Financial (TSE:ELF) Reaches New 12-Month High at $1,104.99

→ Gold Mania (From Stansberry Research) (Ad)

Shares of E-L Financial Co. Limited (TSE:ELF - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$1,104.99 and last traded at C$1,104.99, with a volume of 100 shares traded. The stock had previously closed at C$1,079.01.

E-L Financial Stock Performance

The firm's 50 day moving average price is C$1,047.50 and its 200-day moving average price is C$994.77. The company has a debt-to-equity ratio of 8.88, a quick ratio of 2.70 and a current ratio of 2.13. The firm has a market capitalization of C$3.82 billion, a PE ratio of 4.51 and a beta of 0.83.

E-L Financial (TSE:ELF - Get Free Report) last posted its earnings results on Friday, March 8th. The insurance provider reported C$132.30 earnings per share (EPS) for the quarter. E-L Financial had a net margin of 34.70% and a return on equity of 13.99%. The business had revenue of C$335.00 million for the quarter. On average, research analysts expect that E-L Financial Co. Limited will post 0.25 EPS for the current year.

E-L Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 17th. Investors of record on Thursday, March 28th will be given a dividend of $3.75 per share. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $15.00 annualized dividend and a dividend yield of 1.36%. E-L Financial's dividend payout ratio (DPR) is presently 6.12%.

E-L Financial Company Profile

(Get Free Report)

E-L Financial Corporation Limited operates as an investment and insurance holding company in Canada. It operates through two segments, E-L Corporate and Empire Life. The company owns investments in equities and fixed income securities directly and indirectly through common shares, investment funds, closed-end investment companies, pooled funds, limited partnerships, and other private and investment companies.

See Also

→ The biggest energy story ever? (From Porter & Company) (Ad)

Should you invest $1,000 in E-L Financial right now?

Before you consider E-L Financial, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and E-L Financial wasn't on the list.

While E-L Financial currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Own Before the 2024 Election Cover

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report

Featured Articles and Offers

Search Headlines: