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TSE:GWO

Great-West Lifeco (GWO) Stock Price, News & Analysis

C$39.21
+0.21 (+0.54%)
(As of 06/14/2024 ET)
Today's Range
C$38.44
C$39.29
50-Day Range
C$39.00
C$43.33
52-Week Range
C$37.06
C$45.18
Volume
3.66 million shs
Average Volume
2.71 million shs
Market Capitalization
C$36.58 billion
P/E Ratio
11.17
Dividend Yield
5.66%
Price Target
C$44.00

Great-West Lifeco MarketRank™ Stock Analysis

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
12.2% Upside
C$44.00 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
C$42,066 Sold Last Quarter
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.

1.83 out of 5 stars

GWO stock logo

About Great-West Lifeco Stock (TSE:GWO)

Great-West Lifeco Inc. engages in the life and health insurance, retirement and investment services, asset management, and reinsurance businesses in Canada, the United States, and Europe. The company offers life, accidental death and dismemberment, disability, critical illness, health and dental protection, and creditor insurance products; and retirement and wealth savings, income and annuity products, and other specialty products to individuals, families, businesses, and organizations. It provides individual product solutions and employer-sponsored retirement savings plans that offers saving, investment, and advisory services; wealth management including payout annuity, equity release mortgages, pensions, and investments products. In addition, the company offers bulk and individual payout annuities, equity release mortgages, life bonds, and retirement drawdown and pension products; savings and investments; and provides asset management services, such as pension schemes, insurance companies, wealth managers, fiduciary managers, and sovereign wealth funds, as well manages assets for third-party institutional clients. Further, it provides life, annuity/longevity, mortgage surety, and property catastrophe reinsurance products. The company offers its products under the Canada Life, Irish Life, and Empower brand names. It distributes its products through a network of sales force, brokers, consultants, advisors, third-party administrators, financial institutions, dealers, managing general agencies, employee benefit consultants, banks, and multi-tied agents. The company was founded in 1891 and is based in Winnipeg, Canada. Great-West Lifeco Inc. operates as a subsidiary of Power Financial Corporation.

GWO Stock Price History

GWO Stock News Headlines

GWO.PR.G:CA
GWO.PR.H:CA
Great-West Lifeco Inc. (GWS.F)
Great-West Lifeco Inc
See More Headlines
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Company Calendar

Ex-Dividend for 3/28 Dividend
2/28/2024
Dividend Payable
3/28/2024
Last Earnings
5/01/2024
Ex-Dividend for 6/28 Dividend
5/31/2024
Today
6/15/2024
Dividend Payable
6/28/2024
Next Earnings (Estimated)
8/13/2024

Industry, Sector and Symbol

Industry
Insurance - Life
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
33,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$44.00
High Stock Price Target
C$46.00
Low Stock Price Target
C$40.00
Potential Upside/Downside
+12.2%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
7 Analysts

Profitability

Net Income
C$3.28 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$32.17 billion
Cash Flow
C$185.30 per share
Book Value
C$26.35 per share

Miscellaneous

Free Float
N/A
Market Cap
C$36.58 billion
Optionable
Not Optionable
Beta
0.87
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Key Executives

  • Mr. Paul Anthony Mahon (Age 60)
    President, CEO & Director
    Comp: $4.62M
  • Mr. Raman Srivastava CFA
    Executive VP & Global Chief Investment Officer
  • Mr. Garry MacNicholas
    Executive Officer
  • Mr. Edmund Francis Murphy III (Age 62)
    President & CEO of Empower
    Comp: $5.72M
  • Mr. Jon P. Nielsen (Age 50)
    Executive VP & Chief Financial Officer
  • Mr. Gordon Patrick Menzie
    Senior Vice-President of Corporate Finance & Treasury
  • Mr. Michael Dibden
    Executive VP & Chief Information Officer
  • Ms. Sharon C. Geraghty
    Executive VP & General Counsel
  • Amy E. Metzger
    Senior VP & Chief Compliance Officer
  • Mr. David B. Simmonds
    Senior VP and Global Chief Communications & Sustainability Officer

Should I Buy Great-West Lifeco Stock? GWO Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Great-West Lifeco Inc.:

  • Great-West Lifeco Inc. has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
  • The company has a solid dividend yield, providing investors with a steady income stream.
  • Recent insider trading activity shows positive sentiment towards the stock, which could be a good sign for future performance.
  • Great-West Lifeco Inc. has a diversified product portfolio, reducing risk associated with dependency on a single product or market.
  • The current stock price of Great-West Lifeco Inc. is trading at an attractive valuation compared to its industry peers, presenting a potential value opportunity for investors.

Cons

Investors should be bearish about investing in Great-West Lifeco Inc. for these reasons:

  • The company operates in a highly regulated industry, which could lead to compliance challenges and increased costs.
  • Great-West Lifeco Inc. faces competition from other established players in the financial services sector, potentially impacting market share and profitability.
  • Market volatility and economic uncertainties could affect the company's investment portfolio, leading to fluctuations in financial performance.
  • Changes in interest rates could impact Great-West Lifeco Inc.'s profitability, especially in its insurance and investment businesses.
  • Investors should consider the company's debt levels and leverage ratios to assess the risk associated with its capital structure.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, June 5, 2024. Please send any questions or comments about these Great-West Lifeco pros and cons to contact@marketbeat.com.

GWO Stock Analysis - Frequently Asked Questions

Should I buy or sell Great-West Lifeco stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Great-West Lifeco in the last year. There are currently 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GWO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GWO, but not buy additional shares or sell existing shares.
View GWO analyst ratings
or view top-rated stocks.

What is Great-West Lifeco's stock price target for 2024?

7 Wall Street analysts have issued 12-month price objectives for Great-West Lifeco's shares. Their GWO share price targets range from C$40.00 to C$46.00. On average, they expect the company's share price to reach C$44.00 in the next year. This suggests a possible upside of 12.2% from the stock's current price.
View analysts price targets for GWO
or view top-rated stocks among Wall Street analysts.

How have GWO shares performed in 2024?

Great-West Lifeco's stock was trading at C$43.86 on January 1st, 2024. Since then, GWO stock has decreased by 10.6% and is now trading at C$39.21.
View the best growth stocks for 2024 here
.

When is Great-West Lifeco's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our GWO earnings forecast
.

How were Great-West Lifeco's earnings last quarter?

Great-West Lifeco Inc. (TSE:GWO) announced its quarterly earnings results on Wednesday, May, 1st. The company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.07. The business earned $7.88 billion during the quarter, compared to analysts' expectations of $10.58 billion. Great-West Lifeco had a net margin of 10.05% and a trailing twelve-month return on equity of 11.74%.

How often does Great-West Lifeco pay dividends? What is the dividend yield for Great-West Lifeco?

Great-West Lifeco declared a quarterly dividend on Wednesday, May 1st. Investors of record on Friday, May 31st will be given a dividend of 0.555 per share on Friday, June 28th. This represents a $2.22 annualized dividend and a dividend yield of 5.66%. The ex-dividend date is Friday, May 31st.
Read our dividend analysis for GWO
.

Is Great-West Lifeco a good dividend stock?

Great-West Lifeco (TSE:GWO) pays an annual dividend of C$2.22 per share and currently has a dividend yield of 5.19%. GWO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 63.25%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for GWO.

What other stocks do shareholders of Great-West Lifeco own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Great-West Lifeco investors own include Intact Financial (IFC), Constellation Software (CSU), Alimentation Couche-Tard (ATD.B), AutoCanada (ACQ), Bank of Nova Scotia (BNS), Toronto-Dominion Bank (TD), AbbVie (ABBV), Enbridge (ENB), Vermilion Energy (VET) and Manulife Financial (MFC).

How do I buy shares of Great-West Lifeco?

Shares of GWO 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:GWO) was last updated on 6/15/2024 by MarketBeat.com Staff

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