TSE:LIF Labrador Iron Ore Royalty (LIF) Stock Price, News & Analysis → get a piece of the profit from this land (From True Market Insiders) (Ad) Buy LIF with Qtrade Free LIF Stock Alerts C$30.05 +0.24 (+0.81%) (As of 05/17/2024 ET) Add Compare Share Share Today's RangeC$29.84▼C$30.2250-Day RangeC$28.58▼C$30.5252-Week RangeC$28.48▼C$34.18Volume100,514 shsAverage Volume158,878 shsMarket CapitalizationC$1.92 billionP/E Ratio10.33Dividend Yield8.32%Price TargetC$32.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlines Get Labrador Iron Ore Royalty alerts: Email Address Labrador Iron Ore Royalty MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside8.2% UpsideC$32.50 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.0.44 out of 5 stars 1.3 Analyst's Opinion Consensus RatingLabrador Iron Ore Royalty has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageLabrador Iron Ore Royalty has only been the subject of 1 research reports in the past 90 days.Read more about Labrador Iron Ore Royalty's stock forecast and price target. 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 8.19%, 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 85.91%. Payout ratios above 75% are not desirable because they may not be sustainable.Read more about Labrador Iron Ore Royalty's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LIF. Previous Next 0.0 News and Social Media Coverage Search InterestOnly 1 people have searched for LIF on MarketBeat in the last 30 days. This is a decrease of 0% 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 0.08% of the stock of Labrador Iron Ore Royalty is held by insiders.Percentage Held by InstitutionsOnly 21.63% of the stock of Labrador Iron Ore Royalty is held by institutions.Read more about Labrador Iron Ore Royalty's insider trading history. Previous Next 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Labrador Iron Ore Royalty is 10.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.91.Price to Earnings Ratio vs. SectorThe P/E ratio of Labrador Iron Ore Royalty is 10.33, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 136.76.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 2.92. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Labrador Iron Ore Royalty's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad True Market Insidersget a piece of the profit from this land This isn’t the prettiest land on earth. But it might be the most valuable. And you don’t have to own, lease, or rent any land.Click here to see my #1 investment for 2024. About Labrador Iron Ore Royalty Stock (TSE:LIF)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 iron ores at Labrador City, Newfoundland and Labrador. Its primary products include standard and low silica acid, flux, and direct reduction pellets; iron ore concentrate; and 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. The company is based in Toronto, Canada.Read More LIF Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LIF Stock News HeadlinesApril 13, 2024 | morningstar.comLabrador Iron Ore Royalty Corp LIFZFApril 9, 2024 | finance.yahoo.comAltius Provides 1st Quarter 2024 Project Generation UpdateMarch 13, 2024 | msn.comEnergy sector and materials help TSX close just shy of the 22,000 markMarch 13, 2024 | theglobeandmail.comTruckin42 Revolutionizes Car Hauling Industry with Innovative Truck Dispatch Services and IFTA Trucking SolutionsMarch 12, 2024 | ca.finance.yahoo.comCASH DIVIDEND FOR THE FIRST QUARTER OF 2024 - $0.45 PER COMMON SHAREMarch 11, 2024 | theglobeandmail.comPositive+1, the Social Networking Platform Empowering the HIV Community Exhibits at South by Southwest Festival in Austin, TXMarch 9, 2024 | morningstar.comLabrador Iron Ore Royalty CorpJanuary 31, 2024 | yahoo.comIna Garten's favorite Lodge cast iron skillet is on sale for only $20 at AmazonDecember 15, 2023 | seekingalpha.comLabrador Iron Ore Royalty Corporation declares CAD 0.45 dividendDecember 8, 2023 | msn.com3 Dividend Stocks With the Highest Yields on the TSX TodaySeptember 14, 2023 | ca.finance.yahoo.comLABRADOR IRON ORE ROYALTY CORPORATION - CASH DIVIDEND FOR THE THIRD QUARTER OF 2023 - $0.95 PER COMMON SHARESeptember 11, 2023 | finance.yahoo.comIs Labrador Iron Ore Royalty Corporation (TSE:LIF) Trading At A 36% Discount?August 4, 2023 | msn.comCould These 2 Ultra-High Yield Stocks Help You Retire a Millionaire?August 4, 2023 | finance.yahoo.comThe total return for Labrador Iron Ore Royalty (TSE:LIF) investors has risen faster than earnings growth over the last five yearsAugust 3, 2023 | finance.yahoo.comLABRADOR IRON ORE ROYALTY CORPORATION - RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2023July 6, 2023 | markets.businessinsider.comRBC Capital Keeps a Hold Rating on Labrador Iron Ore (LIF)June 14, 2023 | finance.yahoo.comLABRADOR IRON ORE ROYALTY CORPORATION - CASH DIVIDEND FOR THE SECOND QUARTER OF 2023 - $0.65 PER COMMON SHAREJune 7, 2023 | msn.comFranco-Nevada: A Commodity Weighted Portfolio Of These Smaller Royalty Companies Is 50% CheaperJune 2, 2023 | markets.businessinsider.comRaymond James Maintains a Hold Rating on Labrador Iron Ore (LIF)May 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)May 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)April 17, 2023 | theglobeandmail.comClosing Bell: Labrador Iron Ore Royalty Corp down on Monday (LIF)See More Headlines 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 Company Calendar Ex-Dividend for 4/26 Dividend3/27/2024Dividend Payable4/26/2024Today5/19/2024Next Earnings (Estimated)8/07/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorBasic Materials Industry Steel Sub-IndustryN/A Current SymbolTSE:LIF CUSIPN/A CIKN/A Webwww.labradorironore.com Phone416-863-7133FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price TargetC$32.50 High Stock Price TargetC$35.00 Low Stock Price TargetC$30.00 Potential Upside/Downside+8.2%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)C$2.91 Trailing P/E Ratio10.33 Forward P/E Ratio9.14 P/E Growth0.94Net IncomeC$186.31 million Net Margins93.08% Pretax MarginN/A Return on Equity28.73% Return on Assets11.38% Debt Debt-to-Equity RatioN/A Current Ratio1.67 Quick Ratio1.42 Sales & Book Value Annual SalesC$200.17 million Price / Sales9.61 Cash FlowC$0.59 per share Price / Cash Flow50.97 Book ValueC$10.30 per share Price / Book2.92Miscellaneous Outstanding Shares64,000,000Free FloatN/AMarket CapC$1.92 billion OptionableNot Optionable Beta1.12 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. John F. Tuer (Age 59)President, CEO & Director Comp: $338.93kMr. Alan Richard Thomas (Age 81)Chief Financial Officer Comp: $183.42kMs. Sandra L. Rosch (Age 64)Executive VP & Director Comp: $183.42kRobert O. HansenSecretaryKey CompetitorsStelcoTSE:STLCAlgoma Steel GroupTSE:ASTLChampion IronTSE:CIACenterra GoldTSE:CGArizona MiningTSE:AZView All Competitors LIF Stock Analysis - Frequently Asked Questions Should I buy or sell Labrador Iron Ore Royalty stock right now? 2 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 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" LIF shares. View LIF analyst ratings or view top-rated stocks. What is Labrador Iron Ore Royalty's stock price target for 2024? 2 brokers have issued 1 year target prices for Labrador Iron Ore Royalty's stock. Their LIF share price targets range from C$30.00 to C$35.00. On average, they anticipate the company's share price to reach C$32.50 in the next year. This suggests a possible upside of 8.2% 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 2024? Labrador Iron Ore Royalty's stock was trading at C$31.90 on January 1st, 2024. Since then, LIF shares have decreased by 5.8% and is now trading at C$30.05. View the best growth stocks for 2024 here. When is Labrador Iron Ore Royalty's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024. 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 announced a quarterly dividend on Tuesday, March 12th. Investors of record on Thursday, March 28th will be given a dividend of 0.45 per share on Friday, April 26th. This represents a $1.80 annualized dividend and a dividend yield of 5.99%. The ex-dividend date is Wednesday, March 27th. 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$2.50 per share and currently has a dividend yield of 8.19%. LIF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 85.91%. 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). 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. 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