E-L Financial - ELF Stock Forecast, Price & News

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 pooled funds, closed-end investment companies, and other investment companies. It also underwrites life and health insurance policies, wealth management products, group plans, and financial services, as well as segregated funds, mutual funds, and annuity products to individuals, professionals, and businesses through a network of independent financial advisors, managing general agents, national account firms, mutual fund dealers, and employee benefit brokers and representatives. E-L Financial Corporation Limited was incorporated in 1968 and is headquartered in Toronto, Canada.

E-L Financial Stock Performance

ELF traded up C$7.95 during trading on Friday, hitting C$831.95. 440 shares of the company traded hands, compared to its average volume of 663. The firm has a market cap of C$3.07 billion and a P/E ratio of 8.08. The stock's fifty day moving average is C$806.94 and its 200 day moving average is C$861.01. The company has a quick ratio of 1.34, a current ratio of 1.51 and a debt-to-equity ratio of 7.49. E-L Financial has a one year low of C$780.01 and a one year high of C$985.00.

E-L Financial (TSE:ELF - Get Rating) last posted its quarterly earnings results on Wednesday, May 11th. The insurance provider reported C($66.52) earnings per share for the quarter. The company had revenue of C($829.17) million for the quarter. As a group, equities analysts predict that E-L Financial will post 0.25 EPS for the current fiscal year.

E-L Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, October 17th. Investors of record on Thursday, September 29th will be given a dividend of $2.50 per share. The ex-dividend date is Wednesday, September 28th. This represents a $10.00 annualized dividend and a yield of 1.20%. E-L Financial's payout ratio is currently 9.72%.