TSE:LIF Labrador Iron Ore Royalty (LIF) Stock Forecast, Price & News C$30.07 -0.15 (-0.50%) (As of 05:12 PM ET) Add Compare Share Share Today's RangeC$29.79▼C$30.7550-Day RangeC$28.26▼C$32.6852-Week RangeC$25.24▼C$39.59Volume218,876 shsAverage Volume317,146 shsMarket CapitalizationC$1.92 billionP/E Ratio7.83Dividend Yield10.31%Price TargetC$34.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media Labrador Iron Ore Royalty MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside12.0% UpsideC$34.00 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.72 out of 5 stars 2.2 Analyst's Opinion Consensus RatingLabrador Iron Ore Royalty has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$34.00, Labrador Iron Ore Royalty has a forecasted upside of 12.0% from its current price of C$30.36.Amount of Analyst CoverageLabrador Iron Ore Royalty has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for LIF. Previous Next 1.7 Dividend Strength Dividend LeadershipLabrador Iron Ore Royalty is a leading dividend payer. It pays a dividend yield of 10.44%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthLabrador Iron Ore Royalty does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Labrador Iron Ore Royalty is 80.73%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LIF. Previous Next 0.6 News and Social Media Coverage Search Interest5 people have searched for LIF on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Labrador Iron Ore Royalty insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.07% of the stock of Labrador Iron Ore Royalty is held by insiders.Percentage Held by InstitutionsOnly 22.16% of the stock of Labrador Iron Ore Royalty is held by institutions. Previous Next 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Labrador Iron Ore Royalty is 7.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.48.Price to Earnings Ratio vs. SectorThe P/E ratio of Labrador Iron Ore Royalty is 7.91, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 88.67.Price to Earnings Growth RatioLabrador Iron Ore Royalty has a PEG Ratio of 0.94. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioLabrador Iron Ore Royalty has a P/B Ratio of 2.99. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Labrador Iron Ore Royalty (TSE:LIF) StockLabrador Iron Ore Royalty Corporation, through its subsidiary, Hollinger-Hanna Limited, holds a 15.10% equity interest in Iron Ore Company of Canada (IOC) that produces and processes iron ores at Labrador City, Newfoundland and Labrador. The company's primary products include standard and low silica acid, flux, direct reduction pellets, and iron ore concentrate, as well as seaborne iron ore pellets. The company was formerly known as Labrador Iron Ore Royalty Income Fund and changed its name to Labrador Iron Ore Royalty Corporation in July 2010. Labrador Iron Ore Royalty Corporation is based in Toronto, Canada.Read More Receive LIF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Labrador Iron Ore Royalty and its competitors with MarketBeat's FREE daily newsletter. Email Address LIF Stock News HeadlinesMay 12, 2023 | theglobeandmail.comClosing Bell: Labrador Iron Ore Royalty Corp up on Friday (LIF)May 12, 2023 | markets.businessinsider.comRBC Capital Reaffirms Their Hold Rating on Labrador Iron Ore (LIF)June 1, 2023 | Edge On The Street (Ad)AI Getting Close to Thinking Like HumansTechnology experts working with neuroscientists have created the world's first Artificial Intelligence Network Operating System. AI can now process information like the human brain and understand the world the way humans do.May 11, 2023 | americanbankingnews.comBMO Capital Markets Cuts Labrador Iron Ore Royalty (TSE:LIF) Price Target to C$30.00May 10, 2023 | americanbankingnews.comLabrador Iron Ore Royalty (TSE:LIF) Rating Increased to Buy at TD SecuritiesMay 3, 2023 | msn.comThis Oversold Stock Is a Must-Buy for Investors on the TSX TodayApril 26, 2023 | theglobeandmail.comClosing Bell: Labrador Iron Ore Royalty Corp up on Wednesday (LIF)April 25, 2023 | theglobeandmail.comClosing Bell: Labrador Iron Ore Royalty Corp down on Tuesday (LIF)June 1, 2023 | Edge On The Street (Ad)AI Getting Close to Thinking Like HumansTechnology experts working with neuroscientists have created the world's first Artificial Intelligence Network Operating System. AI can now process information like the human brain and understand the world the way humans do.April 17, 2023 | theglobeandmail.comClosing Bell: Labrador Iron Ore Royalty Corp down on Monday (LIF)April 10, 2023 | theglobeandmail.comClosing Bell: Labrador Iron Ore Royalty Corp up on Monday (LIF)April 7, 2023 | theglobeandmail.comClosing Bell: Labrador Iron Ore Royalty Corp up on Thursday (LIF)April 7, 2023 | americanbankingnews.comRaymond James Comments on Labrador Iron Ore Royalty Co.'s Q1 2024 Earnings (TSE:LIF)March 28, 2023 | americanbankingnews.comLabrador Iron Ore Royalty Co. (TSE:LIF) Declares Quarterly Dividend of $0.50March 8, 2023 | ca.finance.yahoo.comLABRADOR IRON ORE ROYALTY CORPORATION - CASH DIVIDEND FOR THE FIRST QUARTER OF 2023 - $0.50 PER COMMON SHAREOctober 25, 2022 | seekingalpha.comHorizon Kinetics - Labrador Iron Ore Royalty Corp.: Paying Out The Entirety Of Its Cash FlowOctober 6, 2022 | seekingalpha.comLabrador Iron Ore: 12.87% Yield Likely To Decline, Still AttractiveSeptember 20, 2022 | ca.finance.yahoo.com2 Canadian Dividend Stocks (With +9% Yields) You’ll Regret Not Buying at These PricesSeptember 16, 2022 | msn.comCanada shares lower at close of trade; S&P/TSX Composite down 0.89%September 14, 2022 | theglobeandmail.comLabrador Iron Ore Royalty: Top 10 Undervalued Steel Industry Sector Stocks on Toronto Stock Exchange (LIF)September 13, 2022 | msn.com2 TSX Commodity-Linked Stocks (With Dividends) to Buy Now and Hold ForeverJuly 16, 2022 | morningstar.comLabrador Iron Ore Royalty Corp - Stock Dividends LIFJuly 5, 2022 | theglobeandmail.comGordon Pape’s mailbag: Seeking a retirement fund, safe haven dilemmas and other investing concernsJune 16, 2022 | fool.ca1 of the Best High-Yield Stocks to Buy NowJune 14, 2022 | finance.yahoo.comLABRADOR IRON ORE ROYALTY CORPORATION - CASH DIVIDEND FOR THE SECOND QUARTER OF 2022 - $0.90 PER COMMON SHAREMarch 17, 2022 | ca.finance.yahoo.com2 of the Best TSX Dividend Stocks to Buy to Retire EarlyMarch 11, 2022 | finance.yahoo.comCASH DIVIDEND FOR THE FIRST QUARTER OF 2022 - $0.50 PER COMMON SHARESee More Headlines LIF Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LIF Company Calendar Last Earnings3/07/2023Ex-Dividend for 4/26 Dividend3/30/2023Dividend Payable4/26/2023Today6/01/2023Next Earnings (Estimated)8/03/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Steel & Iron Sub-IndustryN/A SectorBasic Materials Current SymbolTSE:LIF CUSIPN/A CIKN/A Webwww.labradorironore.com Phone416-863-7133FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price ForecastC$34.00 High Stock Price ForecastC$36.00 Low Stock Price ForecastC$30.00 Forecasted Upside/Downside+12.8%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)C$3.84 Trailing P/E Ratio7.85 Forward P/E Ratio7.46 P/E Growth0.94Net IncomeC$245.77 million Net Margins109.17% Pretax MarginN/A Return on Equity39.50% Return on Assets13.40% Debt Debt-to-Equity RatioN/A Current Ratio1.55 Quick Ratio1.42 Sales & Book Value Annual SalesC$225.12 million Price / Sales8.57 Cash FlowC$0.59 per share Price / Cash Flow50.97 Book ValueC$10.14 per share Price / Book2.97Miscellaneous Outstanding Shares64,000,000Free FloatN/AMarket CapC$1.93 billion OptionableNot Optionable Beta1.29 Key ExecutivesMr. John F. Tuer (Age 58)Pres, CEO & Director Comp: $348.07kMr. Alan Richard Thomas (Age 80)Chief Financial Officer Comp: $188.37kMs. Sandra L. Rosch (Age 63)Exec. VP & Director Comp: $188.37kRobert O. HansenSec.Key CompetitorsWestshore Terminals InvestmentTSE:WTECentaminTSE:CEEArizona MiningTSE:AZEquinox GoldTSE:EQXSuperior PlusTSE:SPBView All Competitors LIF Stock - Frequently Asked Questions Should I buy or sell Labrador Iron Ore Royalty stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Labrador Iron Ore Royalty in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LIF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LIF, but not buy additional shares or sell existing shares. View LIF analyst ratings or view top-rated stocks. What is Labrador Iron Ore Royalty's stock price forecast for 2023? 3 brokerages have issued 12 month target prices for Labrador Iron Ore Royalty's stock. Their LIF share price forecasts range from C$30.00 to C$36.00. On average, they predict the company's share price to reach C$34.00 in the next twelve months. This suggests a possible upside of 12.8% from the stock's current price. View analysts price targets for LIF or view top-rated stocks among Wall Street analysts. How have LIF shares performed in 2023? Labrador Iron Ore Royalty's stock was trading at C$33.58 at the start of the year. Since then, LIF stock has decreased by 10.2% and is now trading at C$30.14. View the best growth stocks for 2023 here. When is Labrador Iron Ore Royalty's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our LIF earnings forecast. How were Labrador Iron Ore Royalty's earnings last quarter? Labrador Iron Ore Royalty Co. (TSE:LIF) posted its quarterly earnings data on Tuesday, March, 7th. The company reported $0.70 earnings per share for the quarter, missing the consensus estimate of $0.80 by $0.10. The firm earned $48.27 million during the quarter. Labrador Iron Ore Royalty had a net margin of 109.17% and a trailing twelve-month return on equity of 39.50%. How often does Labrador Iron Ore Royalty pay dividends? What is the dividend yield for Labrador Iron Ore Royalty? Labrador Iron Ore Royalty declared a quarterly dividend on Tuesday, March 7th. Investors of record on Friday, March 31st will be paid a dividend of 0.50 per share on Wednesday, April 26th. This represents a $2.00 annualized dividend and a yield of 6.64%. The ex-dividend date of this dividend is Thursday, March 30th. Read our dividend analysis for LIF. Is Labrador Iron Ore Royalty a good dividend stock? Labrador Iron Ore Royalty (TSE:LIF) pays an annual dividend of C$3.10 per share and currently has a dividend yield of 10.44%. LIF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 80.73%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for LIF. What other stocks do shareholders of Labrador Iron Ore Royalty own? Based on aggregate information from My MarketBeat watchlists, some companies that other Labrador Iron Ore Royalty investors own include Bombardier, Inc. Class B (BBD.B), Canadian National Railway (CNR), Toronto-Dominion Bank (TD), Suncor Energy (SU), Teck Resources (TECK.B), AltaGas (ALA), CGI (GIB.A), Royal Bank of Canada (RY), Semafo (SMF) and Air Canada (AC). What is Labrador Iron Ore Royalty's stock symbol? Labrador Iron Ore Royalty trades on the Toronto Stock Exchange (TSX) under the ticker symbol "LIF." How do I buy shares of Labrador Iron Ore Royalty? Shares of LIF 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. What is Labrador Iron Ore Royalty's stock price today? One share of LIF stock can currently be purchased for approximately C$30.14. How much money does Labrador Iron Ore Royalty make? Labrador Iron Ore Royalty (TSE:LIF) has a market capitalization of C$1.93 billion and generates C$225.12 million in revenue each year. The company earns C$245.77 million in net income (profit) each year or C$3.84 on an earnings per share basis. How can I contact Labrador Iron Ore Royalty? The official website for the company is www.labradorironore.com. The company can be reached via phone at 416-863-7133. This page (TSE:LIF) was last updated on 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Labrador Iron Ore Royalty Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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