TSE:LIFLabrador Iron Ore Royalty Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add C$26.18 +0.64 (+2.51 %) (As of 07/13/2020 03:50 PM ET) Add Compare Share Today's RangeC$25.39Now: C$26.18▼C$26.2050-Day RangeC$20.99MA: C$23.37▼C$25.2552-Week RangeC$13.25Now: C$26.18▼C$35.60Volume222,275 shsAverage Volume306,699 shsMarket CapitalizationC$1.68 billionP/E Ratio7.86Dividend Yield3.82%BetaN/A ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media Labrador Iron Ore Royalty Corporation, together with its subsidiary, Hollinger-Hanna Limited, owns a 15.10% equity interest in Iron Ore Company of Canada (IOC) that operates an iron mine near Labrador City, Newfoundland and Labrador. IOC engages in the production and sale of iron ore pellets and concentrates in North America, Europe, the Middle East, and the Asia-Pacific region. 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 was founded in 1995 and is based in Toronto, Canada.Read More Beat the Market (BTM) Rank™ 1.4 Analyst's Opinion Consensus RatingLabrador Iron Ore Royalty has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$26.93, Labrador Iron Ore Royalty has a potential upside of 4.5% from its current price of C$25.77.Amount of Analyst CoverageLabrador Iron Ore Royalty has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Community Rank Outperform VotesLabrador Iron Ore Royalty has received 302 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLabrador Iron Ore Royalty has received 453 “underperform” votes. (Add your “underperform” vote.)Community SentimentLabrador Iron Ore Royalty has received 60.00% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Labrador Iron Ore Royalty and other stocks. Vote “Outperform” if you believe LIF will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LIF will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend YieldLabrador Iron Ore Royalty pays a meaningful dividend of 3.82%, higher than the bottom 25% of all stocks that pay dividends.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 30.03%. This payout ratio is at a healthy, sustainable level, below 75%. 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. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Labrador Iron Ore Royalty are expected to decrease by -100.00% in the coming year, from C$2.36 to C$0.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Labrador Iron Ore Royalty is 7.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.92.Price to Earnings Ratio vs. SectorThe P/E ratio of Labrador Iron Ore Royalty is 7.74, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 27.23.Price to Earnings Growth RatioLabrador Iron Ore Royalty has a PEG Ratio of 1.10. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioLabrador Iron Ore Royalty has a P/B Ratio of 2.93. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.4Community Rank: 2.0Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.26 out of 5 stars Industry, Sector and Symbol Stock Exchange TSE Industry Steel & Iron Sub-IndustryN/A SectorBasic Materials Current SymbolTSE:LIF Previous Symbol CUSIPN/A CIKN/A Webwww.labradorironore.com Phone416-863-7133Debt Debt-to-Equity RatioN/A Current Ratio1.89 Quick Ratio1.89Price-To-Earnings Trailing P/E Ratio7.86 Forward P/E Ratio11.09 P/E Growth1.1 Sales & Book Value Annual SalesC$186.37 million Price / Sales8.99 Cash FlowC$0.35 per share Price / Cash Flow74.38 Book ValueC$8.78 per share Price / Book2.98Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous EmployeesN/A Outstanding Shares64,000,000Market CapC$1.68 billion Next Earnings Date8/12/2020 (Estimated) OptionableNot Optionable TSX:LIF Rates by TradingView Receive LIF News and Ratings via Email Sign-up to receive the latest news and ratings for LIF and its competitors with MarketBeat's FREE daily newsletter. Labrador Iron Ore Royalty (TSE:LIF) Frequently Asked Questions How has Labrador Iron Ore Royalty's stock been impacted by COVID-19 (Coronavirus)? Labrador Iron Ore Royalty's stock was trading at C$15.01 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, LIF stock has increased by 71.7% and is now trading at C$25.77. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Labrador Iron Ore Royalty? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Labrador Iron Ore Royalty in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Labrador Iron Ore Royalty. When is Labrador Iron Ore Royalty's next earnings date? Labrador Iron Ore Royalty is scheduled to release its next quarterly earnings announcement on Wednesday, August 12th 2020. 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) released its quarterly earnings data on Thursday, May, 7th. The company reported $0.73 earnings per share for the quarter, missing the consensus estimate of $0.79 by $0.06. The company had revenue of $48.30 million for the quarter. View Labrador Iron Ore Royalty's earnings history. 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 Wednesday, June 10th. Stockholders of record on Tuesday, June 30th will be given a dividend of 0.45 per share on Thursday, June 25th. This represents a $1.80 annualized dividend and a yield of 6.98%. The ex-dividend date is Monday, June 29th. This is a positive change from Labrador Iron Ore Royalty's previous quarterly dividend of C$0.25. View Labrador Iron Ore Royalty's dividend history. What price target have analysts set for LIF? 4 analysts have issued 1 year price targets for Labrador Iron Ore Royalty's stock. Their forecasts range from C$24.50 to C$30.00. On average, they expect Labrador Iron Ore Royalty's share price to reach C$26.93 in the next year. This suggests a possible upside of 4.5% from the stock's current price. View analysts' price targets for Labrador Iron Ore Royalty. Has Labrador Iron Ore Royalty been receiving favorable news coverage? Headlines about LIF stock have trended very negative this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Labrador Iron Ore Royalty earned a coverage optimism score of -3.2 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about Labrador Iron Ore Royalty. Who are some of Labrador Iron Ore Royalty's key competitors? Some companies that are related to Labrador Iron Ore Royalty include Sims Metal Management (SGM), Grupo Simec SAB de CV (SIM), Kogi Iron (KFE), Friedman Industries (FRD), India Globalization Capital (IGC) and Strategic Minerals (SML). View all 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), Toronto-Dominion Bank (TD), Royal Bank of Canada (RY), Suncor Energy (SU), Teck Resources (TECK.B), CGI (GIB.A), Russel Metals (RUS), Semafo (SMF) and Air Canada (AC). 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 & DirectorMr. Alan Richard Thomas, Chief Financial Officer (Age 76)Mr. James C. McCartney B.Com., LLB, Exec. VP & Director (Age 81)Ms. Sandra L. Rosch, Exec. VP & DirectorRobert O. Hansen, Sec. 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 online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab. What is Labrador Iron Ore Royalty's stock price today? One share of LIF stock can currently be purchased for approximately C$25.77. How big of a company is Labrador Iron Ore Royalty? Labrador Iron Ore Royalty has a market capitalization of C$1.65 billion and generates C$186.37 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. 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