TSE:LIF Labrador Iron Ore Royalty - LIF Stock Forecast, Price & News Adding Choose a watchlist: 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. C$31.10 -0.17 (-0.54%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's RangeC$30.52▼C$31.1250-Day RangeC$31.10▼C$39.3652-Week RangeC$25.24▼C$42.86Volume224,400 shsAverage Volume358,899 shsMarket CapitalizationC$1.99 billionP/E Ratio7.53Dividend Yield9.97%Price TargetC$33.70 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media Labrador Iron Ore Royalty MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside8.4% UpsideC$33.70 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.1.35 out of 5 stars 1.0 Analyst's Opinion Consensus RatingLabrador Iron Ore Royalty has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$33.70, Labrador Iron Ore Royalty has a forecasted upside of 8.4% from its current price of C$31.10.Amount of Analyst CoverageLabrador Iron Ore Royalty has only been the subject of 1 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 9.83%, 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 75.06%. 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 1.1 News and Social Media Coverage Search Interest9 people have searched for LIF on MarketBeat in the last 30 days. This is an increase of 29% compared to the previous 30 days.MarketBeat Follows4 people have added Labrador Iron Ore Royalty to their MarketBeat watchlist in the last 30 days. This is an increase of 33% 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 23.86% 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 7.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.53.Price to Earnings Ratio vs. SectorThe P/E ratio of Labrador Iron Ore Royalty is 7.53, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 83.63.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 3.12. P/B Ratios above 3 indicate that a company could be overvalued 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 HeadlinesMarch 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 FlowMarch 25, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!October 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 ForeverMarch 25, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!July 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 SHAREFebruary 28, 2022 | msn.com2 of the Safest Dividend Stocks to Buy Amid the Ukraine CrisisFebruary 9, 2022 | ca.finance.yahoo.com2 Red-Hot Dividend Stocks I’d Buy in February 2022January 15, 2022 | ca.finance.yahoo.comDividend Stock: Is a 15% Yield Too Good to Be True?December 15, 2021 | finance.yahoo.comLABRADOR IRON ORE ROYALTY CORPORATION - CASH DIVIDEND FOR THE FOURTH QUARTER OF 2021 - $1.15 PER COMMON SHARENovember 26, 2021 | theglobeandmail.comIs Labrador Iron Ore Royalty’s high double-digit dividend yield safe?October 14, 2021 | sg.finance.yahoo.comAltius Reports Third Quarter 2021 Expected Attributable Royalty Revenue of Approximately $20.7 millionOctober 12, 2021 | fool.caThe 3 Best Canadian Dividend Stocks I’d Buy in October 2021September 16, 2021 | msn.com3 Under-$50 Canadian Dividend Stocks I’d Buy to Retire EarlyAugust 27, 2021 | ca.finance.yahoo.com3 of the Strongest-Yielding Dividend Stocks on the TSX TodayAugust 26, 2021 | ca.finance.yahoo.com3 High-Dividend Canadian Stocks to Buy Before August EndsAugust 16, 2021 | finance.yahoo.comLabrador Iron Ore Royalty Corporation (TSX: LIF) - IOC Management ChangesMay 6, 2021 | finance.yahoo.comLabrador Iron Ore Royalty Corporation - Results for the First Quarter Ended March 31, 2021See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Ex-Dividend for 1/26 Dividend12/29/2022Dividend Payable1/26/2023Today3/25/2023Ex-Dividend for 4/26 Dividend3/30/2023Dividend Payable4/26/2023Next Earnings (Estimated)5/04/2023Get 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$33.70 High Stock Price ForecastC$36.00 Low Stock Price ForecastC$27.50 Forecasted Upside/Downside+8.4%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)C$4.13 Trailing P/E Ratio7.53 Forward P/E Ratio9.03 P/E Growth0.94Net IncomeC$265.45 million Net Margins114.26% Pretax MarginN/A Return on Equity44.19% Return on Assets13.67% Debt Debt-to-Equity RatioN/A Current Ratio1.53 Quick Ratio1.42 Sales & Book Value Annual SalesC$232.32 million Price / Sales8.57 Cash FlowC$0.61 per share Price / Cash Flow50.97 Book ValueC$9.96 per share Price / Book3.12Miscellaneous Outstanding Shares64,000,000Free FloatN/AMarket CapC$1.99 billion OptionableNot Optionable Beta1.31 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 CompetitorsOrla MiningTSE:OLATeranga GoldTSE:TGZCentaminTSE:CEEEquinox GoldTSE:EQXEQBTSE:EQBView All Competitors LIF Stock - Frequently Asked Questions Should I buy or sell Labrador Iron Ore Royalty stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Labrador Iron Ore Royalty in the last year. There are currently 4 hold ratings for the stock. The consensus among Wall Street 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? 4 equities research analysts have issued 12-month target prices for Labrador Iron Ore Royalty's stock. Their LIF share price forecasts range from C$27.50 to C$36.00. On average, they expect the company's share price to reach C$33.70 in the next year. This suggests a possible upside of 8.4% 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 on January 1st, 2023. Since then, LIF shares have decreased by 7.4% and is now trading at C$31.10. 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, May 4th 2023. View our LIF earnings forecast. 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. Shareholders 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 6.43%. The ex-dividend date 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 9.83%. LIF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 75.06%. 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$31.10. How much money does Labrador Iron Ore Royalty make? Labrador Iron Ore Royalty (TSE:LIF) has a market capitalization of C$1.99 billion and generates C$232.32 million in revenue each year. The company earns C$265.45 million in net income (profit) each year or C$4.13 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 3/25/2023 by MarketBeat.com Staff 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. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.