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JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Semiconductor Giants: Navigating the Recent Pullback
3 Key Stocks Helping to Drive the EV Race
Breakout Alert: Coinbase's Consolidation Is About To End
You Can Follow BlackRock’s Market View for Your Money
Closing prices for crude oil, gold and other commodities
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Semiconductor Giants: Navigating the Recent Pullback
3 Key Stocks Helping to Drive the EV Race
Breakout Alert: Coinbase's Consolidation Is About To End
You Can Follow BlackRock’s Market View for Your Money
Closing prices for crude oil, gold and other commodities
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Semiconductor Giants: Navigating the Recent Pullback
3 Key Stocks Helping to Drive the EV Race
Breakout Alert: Coinbase's Consolidation Is About To End
You Can Follow BlackRock’s Market View for Your Money
Closing prices for crude oil, gold and other commodities
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
TSE:POW

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

C$36.46
+0.01 (+0.03%)
(As of 04/12/2024 ET)
Today's Range
C$36.13
C$36.51
50-Day Range
C$36.45
C$40.25
52-Week Range
C$32.33
C$40.30
Volume
2.26 million shs
Average Volume
2.89 million shs
Market Capitalization
C$21.70 billion
P/E Ratio
10.63
Dividend Yield
6.17%
Price Target
C$41.78

Power Co. of Canada MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
14.6% Upside
C$41.78 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.02mentions of Power Co. of Canada in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

1.58 out of 5 stars

POW stock logo

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

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 Stock Price History

POW Stock News Headlines

Gold Hits New All-Time Highs
Due to both domestic and global issues, the trajectory of this precious metal could skyrocket in the coming months… Which is why billionaires and Central Banks alike are scooping up gold at record rates!
Gold Hits New All-Time Highs
Due to both domestic and global issues, the trajectory of this precious metal could skyrocket in the coming months… Which is why billionaires and Central Banks alike are scooping up gold at record rates!
Power Corporation of Canada's Dividend Analysis
See More Headlines
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Company Calendar

Ex-Dividend for 2/1 Dividend
12/28/2023
Dividend Payable
2/01/2024
Last Earnings
3/20/2024
Ex-Dividend for 5/1 Dividend
3/27/2024
Today
4/12/2024
Dividend Payable
5/01/2024
Next Earnings (Estimated)
5/20/2024

Industry, Sector and Symbol

Industry
Insurance - Life
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
2
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$41.78
High Stock Price Target
C$45.00
Low Stock Price Target
C$39.00
Potential Upside/Downside
+14.6%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
C$2.32 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$32.60 billion
Cash Flow
C$228.59 per share
Book Value
C$32.49 per share

Miscellaneous

Free Float
N/A
Market Cap
C$21.70 billion
Optionable
Not Optionable
Beta
1.11
12 Stocks Corporate Insiders are Abandoning Cover

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Key Executives

  • Mr. Robert Jeffrey Orr (Age 65)
    President, CEO & Director
    Comp: $5.07M
  • Mr. Claude Genereux (Age 62)
    Executive Vice-President
    Comp: $3.62M
  • Mr. Luc Reny ASC
    C.F.A., Vice-President of Human Resources & Administration
  • Mr. Stéphane Lemay (Age 56)
    VP, General Counsel & Secretary
  • Mr. Olivier Andre Desmarais (Age 41)
    Senior Vice-President
  • Mr. Paul Guy Desmarais III (Age 42)
    Senior Vice-President
  • Mr. Paul C. Genest
    Senior Vice-President
  • Mr. Jocelyn Lefebvre C.A. (Age 67)
    CPA, Vice Chairman of Europe
  • Mr. Denis Le Vasseur C.A.
    C.P.A., FCPA, Vice President & Controller

Should I Buy Power Co. of Canada Stock? POW Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Power Co. of Canada:

  • Power Co. of Canada has received positive price target revisions from reputable financial institutions like BMO Capital Markets, indicating growth potential.
  • The company operates in North America, Europe, and Asia, providing geographical diversification for investors.
  • Power Co. of Canada offers a range of financial services including life, disability, and health insurance, catering to diverse customer needs.
  • The stock has shown a consistent upward trend, with recent trading activity indicating investor confidence.
  • Power Co. of Canada has a strong market capitalization and a favorable price-to-earnings ratio, suggesting stability and value.

Cons

Investors should be bearish about investing in Power Co. of Canada for these reasons:

  • Despite positive price target revisions, there may be market volatility affecting the stock price in the short term.
  • The company's high debt-to-equity ratio of 49.89 could pose risks in case of economic downturns or financial instability.
  • Power Co. of Canada's fifty-two week high of C$40.30 may indicate potential resistance levels for further price appreciation.
  • Investors should carefully monitor the company's fifty-day and two-hundred-day moving averages for potential trend reversals.
  • While the company offers a variety of financial services, competition in the industry may impact its market share and profitability.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, April 9, 2024. Please send any questions or comments about these Power Co. of Canada pros and cons to contact@marketbeat.com.

POW Stock Analysis - Frequently Asked Questions

Should I buy or sell Power Co. of Canada stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Power Co. of Canada in the last twelve months. There are currently 4 hold ratings and 2 buy ratings 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 target for 2024?

6 equities research analysts have issued 12 month target prices for Power Co. of Canada's shares. Their POW share price targets range from C$39.00 to C$45.00. On average, they predict the company's share price to reach C$41.78 in the next twelve months. This suggests a possible upside of 14.6% 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 2024?

Power Co. of Canada's stock was trading at C$37.89 at the beginning of 2024. Since then, POW shares have decreased by 3.8% and is now trading at C$36.46.
View the best growth stocks for 2024 here
.

When is Power Co. of Canada's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our POW earnings forecast
.

How were Power Co. of Canada's earnings last quarter?

Power Co. of Canada (TSE:POW) posted its quarterly earnings data on Wednesday, March, 20th. The financial services provider reported $0.89 EPS for the quarter, missing the consensus estimate of $1.00 by $0.11. The financial services provider had revenue of $21.37 billion for the quarter. Power Co. of Canada had a trailing twelve-month return on equity of 8.94% and a net margin of 6.89%.

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 Wednesday, March 20th. Shareholders of record on Thursday, March 28th will be given a dividend of 0.563 per share on Wednesday, May 1st. This represents a $2.25 annualized dividend and a dividend yield of 6.18%. The ex-dividend date of this dividend is Wednesday, March 27th. This is an increase from the stock's previous quarterly dividend of C$0.53.
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$2.25 per share and currently has a dividend yield of 5.93%. POW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 65.60%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for POW.

What other stocks do shareholders of Power Co. of Canada own?
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.

This page (TSE:POW) was last updated on 4/13/2024 by MarketBeat.com Staff

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