National Bank Financial Estimates TSE:POW FY2025 Earnings

Power Co. of Canada (TSE:POW - Free Report) - Research analysts at National Bank Financial upped their FY2025 earnings per share estimates for shares of Power Co. of Canada in a research note issued on Tuesday, October 29th. National Bank Financial analyst J. Gloyn now forecasts that the financial services provider will earn $5.16 per share for the year, up from their previous estimate of $5.00. The consensus estimate for Power Co. of Canada's current full-year earnings is $4.93 per share.

A number of other research firms have also recently weighed in on POW. Royal Bank of Canada increased 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. CIBC lowered their price objective on Power Co. of Canada from C$43.00 to C$40.00 in a research report on Friday, August 9th. National Bankshares increased their price objective on Power Co. of Canada from C$42.00 to C$47.00 and gave the stock a "sector perform" rating in a research report on Wednesday. Desjardins increased their price objective on Power Co. of Canada from C$43.00 to C$44.00 and gave the stock a "buy" rating in a research report on Monday, August 12th. Finally, TD Securities upgraded Power Co. of Canada from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 12th. Four analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of C$43.83.

Power Co. of Canada Stock Performance

POW traded down C$0.40 during trading hours on Thursday, reaching C$44.01. The company's stock had a trading volume of 1,792,747 shares, compared to its average volume of 3,004,943. Power Co. of Canada has a 52 week low of C$33.09 and a 52 week high of C$44.86. The company's 50-day moving average is C$42.47 and its 200-day moving average is C$39.90. The company has a debt-to-equity ratio of 48.53, a quick ratio of 107.64 and a current ratio of 91.78. The firm has a market cap of C$26.07 billion, a PE ratio of 9.99, a price-to-earnings-growth ratio of 0.57 and a beta of 1.09.

Power Co. of Canada (TSE:POW - Get Free Report) last posted its quarterly earnings results on Thursday, August 8th. The financial services provider reported C$1.17 earnings per share for the quarter, beating analysts' consensus estimates of C$1.12 by C$0.05. Power Co. of Canada had a return on equity of 11.29% and a net margin of 8.29%. The business had revenue of C$9.91 billion for the quarter.

Power Co. of Canada Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 1st. Investors of record on Friday, September 27th will be given a $0.563 dividend. This represents a $2.25 dividend on an annualized basis and a dividend yield of 5.12%. The ex-dividend date is Friday, September 27th. Power Co. of Canada's payout ratio is currently 51.25%.

About Power Co. of Canada

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.