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E-L Financial (TSE:ELF) Sets New 1-Year High - What's Next?

E-L Financial logo with Financial Services background

E-L Financial Co. Limited (TSE:ELF - Get Free Report) hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$1,500.00 and last traded at C$1,500.00, with a volume of 231 shares changing hands. The stock had previously closed at C$1,400.00.

E-L Financial Stock Up 7.1 %

The company has a current ratio of 2.38, a quick ratio of 2.70 and a debt-to-equity ratio of 6.71. The business has a 50 day moving average of C$1,320.65 and a 200-day moving average of C$1,215.54. The stock has a market cap of C$5.19 billion, a PE ratio of 4.26 and a beta of 0.85.

E-L Financial (TSE:ELF - Get Free Report) last released its quarterly earnings results on Friday, August 9th. The insurance provider reported C$62.96 EPS for the quarter. E-L Financial had a net margin of 39.40% and a return on equity of 16.57%. The firm had revenue of C$351.00 million during the quarter. Equities research analysts predict that E-L Financial Co. Limited will post 0.25 EPS for the current fiscal year.

E-L Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Thursday, October 17th were paid a dividend of $3.75 per share. This represents a $15.00 annualized dividend and a yield of 1.00%. The ex-dividend date was Friday, September 27th. E-L Financial's dividend payout ratio is presently 4.57%.

E-L Financial Company Profile

(Get Free Report)

E-L Financial Corporation Limited operates as an investment and insurance holding company in Canada. It operates through two segments, E-L Corporate and Empire Life. The company owns investments in equities and fixed income securities directly and indirectly through common shares, investment funds, closed-end investment companies, pooled funds, limited partnerships, and other private and investment companies.

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