Great-West Lifeco (GWO) Stock Price, News & Analysis

Company Overview

Great-West Lifeco Inc. engages in the life and health insurance, retirement and investment services, asset management, and reinsurance businesses in Canada, the United States, and Europe. The company offers life, accidental death and dismemberment, disability, critical illness, health and dental protection, and creditor insurance products; and retirement and wealth savings, income and annuity products, and other specialty products to individuals, families, businesses, and organizations. It provides individual product solutions and employer-sponsored retirement savings plans that offers saving, investment, and advisory services; wealth management including payout annuity, equity release mortgages, pensions, and investments products. In addition, the company offers bulk and individual payout annuities, equity release mortgages, life bonds, and retirement drawdown and pension products; savings and investments; and provides asset management services, such as pension schemes, insurance companies, wealth managers, fiduciary managers, and sovereign wealth funds, as well manages assets for third-party institutional clients. Further, it provides life, annuity/longevity, mortgage surety, and property catastrophe reinsurance products. The company offers its products under the Canada Life, Irish Life, and Empower brand names. It distributes its products through a network of sales force, brokers, consultants, advisors, third-party administrators, financial institutions, dealers, managing general agencies, employee benefit consultants, banks, and multi-tied agents. The company was founded in 1891 and is based in Winnipeg, Canada. Great-West Lifeco Inc. operates as a subsidiary of Power Financial Corporation.

Key Stats

• Today's Range: C$46.67 to C$47.34
• 50-Day Range: C$45.86 to C$50.79
• 52-Week Range: C$38.44 to C$50.99
• Volume: 2.20 million shs
• Average Volume: 2.79 million shs
• Market Capitalization: C$43.72 billion
• P/E Ratio: 11.78
• Dividend Yield: 4.73%
• Price Target: C$47.63
• Consensus Rating: Hold

Great-West Lifeco Stock Analysis - MarketRank™

Great-West Lifeco scored higher than 32% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Great-West Lifeco has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 6 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Great-West Lifeco has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Great-West Lifeco is 11.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.78.

Price to Earnings Ratio vs. Sector

The P/E ratio of Great-West Lifeco is 11.78, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 446.96.

Price to Earnings Growth Ratio

Great-West Lifeco has a PEG Ratio of 2.26. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Great-West Lifeco has a P/B Ratio of 1.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for GWO.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Great-West Lifeco is a leading dividend payer. It pays a dividend yield of 4.79%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Great-West Lifeco does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Great-West Lifeco is 55.78%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for GWO.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.59

News Sentiment

Great-West Lifeco has a news sentiment score of 0.59. 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 higher news sentiment than the 0.47 average news sentiment score of Financial Services companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Great-West Lifeco this week, compared to 2 articles on an average week.

Search Interest

4 people have searched for GWO on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Great-West Lifeco to their MarketBeat watchlist in the last 30 days. This is a decrease of -83% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Great-West Lifeco insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$10,327,502.00 in company stock.

Percentage Held by Insiders

70.70% of the stock of Great-West Lifeco is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 10.98% of the stock of Great-West Lifeco is held by institutions.

GWO Stock Analysis - Frequently Asked Questions

How have GWO shares performed this year?

Great-West Lifeco's stock was trading at C$43.86 at the beginning of the year. Since then, GWO stock has increased by 6.9% and is now trading at C$46.90.
View the best growth stocks for 2024 here.

How do I buy shares of Great-West Lifeco?

Shares of GWO 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 other stocks do shareholders of Great-West Lifeco own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Great-West Lifeco investors own include Intact Financial (IFC), Constellation Software (CSU), Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Enbridge (ENB), Manulife Financial (MFC) and Royal Bank of Canada (RY).

Company Calendar

• Ex-Dividend for 9/27 Dividend: 8/30/2024
• Dividend Payable: 9/27/2024
• Ex-Dividend for 12/31 Dividend: 12/03/2024
• Today: 12/18/2024
• Dividend Payable: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Financial Services
• Industry: Insurance - Life
• Sub-Industry: Insurance
• Current Symbol: TSE:GWO
• CUSIP: N/A
• CIK: N/A
• Web: www.greatwestlifeco.com
• Phone: +1-204-9461190
• Fax: N/A
• Employees: 33,500
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$47.63
• High Stock Price Target: C$55.00
• Low Stock Price Target: C$43.00
• Potential Upside/Downside: +0.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$3.98
• Trailing P/E Ratio: 11.85
• Forward P/E Ratio: 10.60
• P/E Growth: 2.26
• Net Income: C$3.72 billion
• Net Margins: 11.32%
• Pretax Margin: N/A
• Return on Equity: 13.21%
• Return on Assets: 0.73%

Debt

• Debt-to-Equity Ratio: 29.61
• Current Ratio: 37.46
• Quick Ratio: 22.18

Sales & Book Value

• Annual Sales: C$33.04 billion
• Price / Sales: 1.33
• Cash Flow: C$222.97 per share
• Price / Cash Flow: 0.21
• Book Value: C$26.97 per share
• Price / Book: 1.75

Miscellaneous

• Outstanding Shares: 932,140,000
• Free Float: N/A
• Market Cap: C$43.98 billion
• Optionable: Not Optionable
• Beta: 0.84