TSE:POW

Power Co. of Canada (POW) Stock Forecast, Price & News

C$34.65

-0.89 (-2.50%)

(As of 04:25 PM ET)

Compare

Today's Range: C$34.48
▼
C$35.06
50-Day Range: C$35.54
▼
C$38.82
52-Week Range: C$29.76
▼
C$38.98

Volume: 2.62 million shs
Average Volume: 3.06 million shs
Market Capitalization: C$20.96 billion

P/E Ratio: 17.50
Dividend Yield: 6.06%
Price Target: C$42.25

Profile Analyst Ratings Chart Competitors Dividend Earnings Headlines Social Media

Power Co. of Canada MarketRank™ Forecast

Analyst Rating: Hold
2.20 Rating Score
Upside/Downside: 22.0% Upside
C$42.25 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.01
Based on 14 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.78 out of 5 stars

2.1

Analyst's Opinion

Consensus Rating
Power Co. of Canada has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$42.25, Power Co. of Canada has a forecasted upside of 22.0% from its current price of C$34.63.
Amount of Analyst Coverage
Power Co. of Canada has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for POW.

1.7

Dividend Strength

Dividend Leadership
Power Co. of Canada is a leading dividend payer. It pays a dividend yield of 5.76%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Power Co. of Canada does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Power Co. of Canada is 106.06%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for POW.

1.7

News and Social Media Coverage

News Sentiment
Power Co. of Canada has a news sentiment score of -0.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.75 average news sentiment score of Financial Services companies.
News Coverage This Week
MarketBeat has tracked 14 news articles for Power Co. of Canada this week, compared to 6 articles on an average week.
Search Interest
3 people have searched for POW on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Power Co. of Canada to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Power Co. of Canada insiders have not sold or bought any company stock.
Percentage Held by Insiders
13.21% of the stock of Power Co. of Canada is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 34.13% of the stock of Power Co. of Canada is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Power Co. of Canada is 17.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.08.
Price to Earnings Ratio vs. Sector
The P/E ratio of Power Co. of Canada is 17.49, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 257.02.
Price to Earnings Growth Ratio
Power Co. of Canada has a PEG Ratio of 0.95. PEG Ratios around 1 indicate that a company is correctly valued.
Price to Book Value per Share Ratio
Power Co. of Canada has a P/B Ratio of 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Power Co. of Canada (TSE:POW) Stock

Power Corporation of Canada, an international management and holding company, offers financial services in North America, Europe, and Asia. It operates through Lifeco, IGM Financial, and GBL segments. The company offers life, disability, critical illness, accidental death, dismemberment, health and dental protection, and creditor insurance; retirement and investment management; fund and asset management; reinsurance and retrocession; investment advisory, financial planning, and related services; fund products; and protection and wealth management services. It also provides employer-sponsored retirement plan, individual retirement account and drawdown, investment option, and education services, as well as taxable brokerage accounts; private keeping and administrative services; payout annuities, equity release mortgages, life bonds, mortgage, securities, pension, private equity, and financial services; and investment products, such as equity, fixed income, absolute return and alternative strategies, exchange traded funds, and trust funds. The company was incorporated in 1925 and is based in Montreal, Canada. Power Corporation of Canada operates as a subsidiary of Pansolo Holding Inc.

POW Price History

30 days | 90 days | 365 days | Advanced Chart

POW Stock News Headlines

September 28, 2023 | businesswire.com

Rising Gas Prices Continue to Limit Purchasing Power of Middle-Income Households

September 28, 2023 | finance.yahoo.com

Breakfast Club of Canada Joins Forces with Agnico Eagle in Inunnguiniq Project to Provide Sustenance to Kivalliq and Kitikmeot School Children

September 28, 2023 | Micro-Cap Stock Trader (Ad)

Unlock the treasure on Mount Olympus with this little-known mining stock.

Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons

September 28, 2023 | finance.yahoo.com

Power Corporation of Canada (PWCDF): A Deep Dive Into Its Dividend Performance

September 27, 2023 | marketwatch.com

Power Corporation of Canada CFO Takes Medical Leave of Absence

September 27, 2023 | theglobeandmail.com

Closing Bell: Power Corp of Canada 5.60 Pct Pref Ser G up on Tuesday (POW-PR-G)

September 27, 2023 | theglobeandmail.com

Closing Bell: Power Corp of Canada 5.80% up on Tuesday (POW-PR-C)

September 26, 2023 | msn.com

Prosecutors say Canada fashion mogul used 'status' to assault women

September 28, 2023 | Micro-Cap Stock Trader (Ad)

U.S. drive to onshore battery supply chains could create big winners in lithium

Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons

September 25, 2023 | markets.businessinsider.com

ClimateDoor & Goparity Canada Celebrates Overwhelming Demand and 100% Funding of Landmark Clean Energy Project for Indigenous Communities.

September 24, 2023 | msn.com

Money, power and an ecosystem are all at stake in Canada-U.S. negotiations over a massive river

September 23, 2023 | nypost.com

The power of Web3 to create the Internet we always wanted

September 22, 2023 | finanznachrichten.de

Northland Power Inc.: Northland Power Announces Financial Close of the 1.1 GW Baltic Power Offshore Wind Project in Poland Green Financing

September 22, 2023 | benzinga.com

Northland Power Announces Financial Close of the 1.1 GW Baltic Power Offshore Wind Project in Poland Green Financing

September 21, 2023 | marketwatch.com

Power Corp. of Canada stock falls Thursday, still outperforms market

September 21, 2023 | msn.com

EXPLAINED | Student Power: How India Can Strike Canada Where It Really Hurts

September 21, 2023 | abcnews.go.com

Canada gets muted allied support after alleging India may have been involved in killing of Canadian

September 20, 2023 | ca.finance.yahoo.com

Mercedes-Benz Partners With Big Brothers Big Sisters of Canada to Empower the Next Generation of Canadians through Mentorship

September 16, 2023 | newsweek.com

One Dead, Hundreds of Thousands Without Power as Storm Lee Makes Landfall

September 16, 2023 | msn.com

Thousands without power as post-tropical storm Lee closes in on Atlantic Canada

September 16, 2023 | uk.news.yahoo.com

More Than 120,000 Without Power in Nova Scotia as Hurricane Lee Brings High Winds and Seas to Atlantic Canada

September 16, 2023 | msn.com

Lee Brings Power Outages, Big Waves To New England Coast And Atlantic Canada

September 14, 2023 | msn.com

Hundreds of power poles destroyed in Southern Interior, B.C. wildfires

September 14, 2023 | finance.yahoo.com

Financial Insecurity Begins to Affect Credit Card Customers in Canada, J.D. Power Finds

September 13, 2023 | nytimes.com

Peter C. Newman, 94, Journalist and Scourge of Canada’s Powerful, Dies

September 12, 2023 | finance.yahoo.com

Visionary Canadian unleashes the potential of health research through innovative company Medeloop

September 11, 2023 | financialpost.com

Diane Francis: Co-captains Trudeau and Singh running Canada into the ground

See More Headlines

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POW Company Calendar

Ex-Dividend for 8/1 Dividend: 6/29/2023
Dividend Payable: 8/01/2023
Last Earnings: 8/10/2023
Today: 9/28/2023
Ex-Dividend for 11/1 Dividend: 9/28/2023
Dividend Payable: 11/01/2023
Next Earnings (Estimated): 11/08/2023

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Insurance—Life
Sub-Industry: N/A
Sector: Financial Services
Current Symbol: TSE:POW
CUSIP: N/A
CIK: N/A
Web: www.powercorporation.com
Phone: +1-514-2867400
Fax: N/A
Employees: 2
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$42.25
High Stock Price Forecast: C$45.00
Low Stock Price Forecast: C$40.00
Forecasted Upside/Downside: +22.0%
Consensus Rating: Hold
Rating Score (0-4): 2.20
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.98
Trailing P/E Ratio: 17.49
Forward P/E Ratio: 8.28
P/E Growth: 0.95
Net Income: C$1.35 billion
Net Margins: 2.66%
Pretax Margin: N/A
Return on Equity: 6.35%
Return on Assets: 0.36%

Debt

Debt-to-Equity Ratio: 50.02
Current Ratio: 42.07
Quick Ratio: 107.64

Sales & Book Value

Annual Sales: C$49.39 billion
Price / Sales: 0.42
Cash Flow: C$217.12 per share
Price / Cash Flow: 0.16
Book Value: C$31.43 per share
Price / Book: 1.10

Miscellaneous

Outstanding Shares: 604,920,000
Free Float: N/A
Market Cap: C$20.95 billion
Optionable: Not Optionable
Beta: 1.06

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Key Executives

Mr. Robert Jeffrey Orr (Age 64)
Pres, CEO & Director
Comp: $5.07M

Mr. Gregory Dennis Tretiak FCA (Age 67)
Exec. VP & CFO
Comp: $3.58M

Mr. Claude Genereux (Age 61)
Exec. Vice-Pres
Comp: $3.62M

Mr. Richard Pan
Head of Corp. Fin. & VP

Mr. Luc Reny ASC
C.F.A., CFA, Vice-Pres of HR & Admin.

Mr. Stéphane Lemay (Age 55)
VP, Gen. Counsel & Sec.

Mr. Michel Plessis-Bélair F.C.A. (Age 80)
FCA, FCPA, Vice Chairman

Mr. Olivier Andre Desmarais (Age 40)
Sr. Vice-Pres

Mr. Paul Guy Desmarais III (Age 41)
Sr. Vice-Pres

Mr. Paul C. Genest
Sr. Vice-Pres

Key Competitors

View All Competitors

POW Stock - Frequently Asked Questions

Should I buy or sell Power Co. of Canada stock right now?: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Power Co. of Canada in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" POW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in POW, but not buy additional shares or sell existing shares.
View POW analyst ratings or view top-rated stocks.
What is Power Co. of Canada's stock price forecast for 2023?: 5 analysts have issued 12 month price targets for Power Co. of Canada's stock. Their POW share price forecasts range from C$40.00 to C$45.00. On average, they expect the company's share price to reach C$42.25 in the next year. This suggests a possible upside of 22.0% from the stock's current price.
View analysts price targets for POW or view top-rated stocks among Wall Street analysts.
How have POW shares performed in 2023?: Power Co. of Canada's stock was trading at C$31.85 on January 1st, 2023. Since then, POW stock has increased by 8.7% and is now trading at C$34.63.
View the best growth stocks for 2023 here.
When is Power Co. of Canada's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our POW earnings forecast.
How were Power Co. of Canada's earnings last quarter?: Power Co. of Canada (TSE:POW) announced its quarterly earnings results on Thursday, August, 10th. The financial services provider reported $1.27 earnings per share for the quarter, topping analysts' consensus estimates of $0.93 by $0.34. The financial services provider earned $7.17 billion during the quarter. Power Co. of Canada had a net margin of 2.66% and a trailing twelve-month return on equity of 6.35%.
How often does Power Co. of Canada pay dividends? What is the dividend yield for Power Co. of Canada?: Power Co. of Canada announced a quarterly dividend on Thursday, August 10th. Investors of record on Friday, September 29th will be given a dividend of 0.525 per share on Wednesday, November 1st. This represents a $2.10 dividend on an annualized basis and a dividend yield of 6.06%. The ex-dividend date is Thursday, September 28th.
Read our dividend analysis for POW.

Is Power Co. of Canada a good dividend stock?: Power Co. of Canada (TSE:POW) pays an annual dividend of C$2.10 per share and currently has a dividend yield of 5.76%. POW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 106.06%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for POW.
What other stocks do shareholders of Power Co. of Canada own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Power Co. of Canada investors own include Bank of Nova Scotia (BNS), Enbridge (ENB), Toronto-Dominion Bank (TD), Royal Bank of Canada (RY), Manulife Financial (MFC), Bank of Montreal (BMO), BCE (BCE), Canadian Imperial Bank of Commerce (CM), Bank of America (BAC) and Bombardier, Inc. Class B (BBD.B).
What is Power Co. of Canada's stock symbol?: Power Co. of Canada trades on the Toronto Stock Exchange (TSX) under the ticker symbol "POW."
How do I buy shares of Power Co. of Canada?: Shares of POW 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 Power Co. of Canada's stock price today?: One share of POW stock can currently be purchased for approximately C$34.63.
How much money does Power Co. of Canada make?: Power Co. of Canada (TSE:POW) has a market capitalization of C$20.95 billion and generates C$49.39 billion in revenue each year. The financial services provider earns C$1.35 billion in net income (profit) each year or C$1.98 on an earnings per share basis.
How can I contact Power Co. of Canada?: Power Co. of Canada's mailing address is 751 du Square-Victoria St, MONTREAL, QC H2Y 2J3, Canada. The official website for the company is www.powercorporation.com. The financial services provider can be reached via phone at +1-514-2867400.

This page (TSE:POW) was last updated on 9/28/2023 by MarketBeat.com Staff

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Power Co. of Canada (POW) Stock Forecast, Price & News

Power Co. of Canada MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Power Co. of Canada (TSE:POW) Stock

POW Price History

POW Stock News Headlines

POW Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

POW Stock - Frequently Asked Questions

Overall MarketRank^™