Labrador Iron Ore Royalty Stock Forecast, Price & News

-0.57 (-1.16 %)
(As of 07/27/2021 04:00 PM ET)
Today's Range
50-Day Range
52-Week Range
Volume120,192 shs
Average Volume327,055 shs
Market CapitalizationC$3.11 billion
P/E Ratio11.64
Dividend Yield9.78%
30 days | 90 days | 365 days | Advanced Chart
Receive LIF 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.

Labrador Iron Ore Royalty logo

About Labrador Iron Ore Royalty

Labrador 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 an iron ores at Labrador City, Newfoundland and Labrador. IOC produces seaborne iron ore pellets; and sells standard and low silica acid, flux, and direct reduction pellets, as well as iron ore concentrate. 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.


See More Headlines

Industry, Sector and Symbol

Sales & Book Value






Overall MarketRank

1.66 out of 5 stars

Analyst Opinion: 1.3Community Rank: 2.8Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles

Labrador Iron Ore Royalty (TSE:LIF) Frequently Asked Questions

Is Labrador Iron Ore Royalty a buy 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 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Labrador Iron Ore Royalty stock.
View analyst ratings for Labrador Iron Ore Royalty
or view top-rated stocks.

What stocks does MarketBeat like better than Labrador Iron Ore Royalty?

Wall Street analysts have given Labrador Iron Ore Royalty a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Labrador Iron Ore Royalty wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Labrador Iron Ore Royalty's next earnings date?

Labrador Iron Ore Royalty is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Labrador Iron Ore Royalty

How were Labrador Iron Ore Royalty's earnings last quarter?

Labrador Iron Ore Royalty Co. (TSE:LIF) announced its quarterly earnings results on Thursday, May, 6th. The company reported $1.35 earnings per share for the quarter, missing the consensus estimate of $1.55 by $0.20. The firm had revenue of $65.72 million for the quarter.
View Labrador Iron Ore Royalty's earnings history

How has Labrador Iron Ore Royalty's stock price been impacted by COVID-19?

Labrador Iron Ore Royalty's stock was trading at C$15.01 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, LIF shares have increased by 223.7% and is now trading at C$48.58.
View which stocks have been most impacted by COVID-19

How often does Labrador Iron Ore Royalty pay dividends? What is the dividend yield for Labrador Iron Ore Royalty?

Labrador Iron Ore Royalty announced a quarterly dividend on Tuesday, June 15th. Stockholders of record on Wednesday, June 30th will be paid a dividend of 1.75 per share on Monday, July 26th. This represents a $7.00 dividend on an annualized basis and a dividend yield of 14.41%. The ex-dividend date of this dividend is Tuesday, June 29th. This is a positive change from Labrador Iron Ore Royalty's previous quarterly dividend of C$1.00.
View Labrador Iron Ore Royalty's dividend history

Is Labrador Iron Ore Royalty a good dividend stock?

Labrador Iron Ore Royalty pays an annual dividend of C$3.30 per share and currently has a dividend yield of 9.78%. LIF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Labrador Iron Ore Royalty is 79.14%. Payout ratios above 75% are not desirable because they may not be sustainable.
View Labrador Iron Ore Royalty's dividend history.

What price target have analysts set for LIF?

3 brokers have issued twelve-month price objectives for Labrador Iron Ore Royalty's shares. Their forecasts range from C$42.50 to C$55.00. On average, they anticipate Labrador Iron Ore Royalty's stock price to reach C$48.50 in the next year. This suggests that the stock has a possible downside of 0.2%.
View analysts' price targets for Labrador Iron Ore Royalty
or view top-rated stocks among Wall Street analysts.

Who are Labrador Iron Ore Royalty's key executives?

Labrador Iron Ore Royalty's management team includes the following people:
  • Mr. John F. Tuer, Pres, CEO & Director
  • Mr. Alan Richard Thomas, Chief Financial Officer (Age 78, Pay $177.68k)
  • Ms. Sandra L. Rosch, Exec. VP & Director
  • Robert O. Hansen, Sec.

Who are some of Labrador Iron Ore Royalty's key competitors?

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), The 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 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$48.58.

How much money does Labrador Iron Ore Royalty make?

Labrador Iron Ore Royalty has a market capitalization of C$3.11 billion and generates C$219.51 million in revenue each year.

What is Labrador Iron Ore Royalty's official website?

The official website for Labrador Iron Ore Royalty is www.labradorironore.com.

How can I contact Labrador Iron Ore Royalty?

The company can be reached via phone at 416-863-7133.

This page was last updated on 7/27/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.