National Bank Financial Estimates TSE:POW Q4 Earnings

Power Co. of Canada (TSE:POW - Free Report) - Stock analysts at National Bank Financial lifted their Q4 2024 earnings estimates for Power Co. of Canada in a note issued to investors on Tuesday, November 12th. National Bank Financial analyst J. Gloyn now expects that the financial services provider will post earnings of $1.62 per share for the quarter, up from their prior forecast of $1.21. The consensus estimate for Power Co. of Canada's current full-year earnings is $4.93 per share.

Power Co. of Canada (TSE:POW - Get Free Report) last announced its quarterly earnings data on Tuesday, November 12th. The financial services provider reported C$0.82 EPS for the quarter, missing the consensus estimate of C$1.14 by C($0.32). The firm had revenue of C$5.29 billion for the quarter. Power Co. of Canada had a net margin of 8.29% and a return on equity of 11.29%.

Several other brokerages have also recently issued reports on POW. TD Securities raised their target price on shares of Power Co. of Canada from C$44.00 to C$49.00 and gave the stock a "buy" rating in a report on Thursday. Royal Bank of Canada raised their price target on Power Co. of Canada from C$46.00 to C$47.00 and gave the company a "sector perform" rating in a research note on Monday, August 12th. Scotiabank lifted their target price on Power Co. of Canada from C$47.00 to C$47.50 in a research note on Wednesday, July 24th. National Bankshares raised their price target on Power Co. of Canada from C$42.00 to C$47.00 and gave the stock a "sector perform" rating in a report on Wednesday, October 30th. Finally, Jefferies Financial Group reduced their price objective on Power Co. of Canada from C$45.00 to C$44.00 in a research note on Friday, August 2nd. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of C$46.39.

Power Co. of Canada Stock Up 0.1 %

TSE POW traded up C$0.03 during trading hours on Friday, reaching C$45.62. 1,983,492 shares of the company's stock traded hands, compared to its average volume of 2,928,456. The firm has a 50-day simple moving average of C$43.68 and a 200 day simple moving average of C$40.60. Power Co. of Canada has a 52-week low of C$35.83 and a 52-week high of C$47.18. The firm has a market cap of C$27.03 billion, a PE ratio of 10.39, a PEG ratio of 0.57 and a beta of 1.09. The company has a debt-to-equity ratio of 48.53, a current ratio of 91.78 and a quick ratio of 107.64.

Power Co. of Canada Company Profile

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, health and dental, disability, critical illness, and creditor insurance; accidental death and dismemberment; retirement savings and income and annuity products; and life assurance, pension, and investment products to individuals and small business owners.