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TSE:POW

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

C$41.20
-0.04 (-0.10%)
(As of 09/6/2024 ET)
Today's Range
C$40.70
C$41.38
50-Day Range
C$36.14
C$42.00
52-Week Range
C$32.33
C$42.20
Volume
3.42 million shs
Average Volume
2.92 million shs
Market Capitalization
C$24.41 billion
P/E Ratio
9.38
Dividend Yield
5.46%
Price Target
C$43.28

Power Co. of Canada MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
5.0% Upside
C$43.28 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Power Co. of Canada in the last 14 days
Based on 8 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.

0.99 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, 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. It also provides investment services, asset management and reinsurance business; wealth management; strategic investment; listed and private investments, as well as of alternative investments; employer-sponsored retirement savings plans in the public/non-profit and corporate sectors; and payout annuity and equity release mortgages products. 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

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Analysts Set Power Co. of Canada (TSE:POW) PT at C$43.28
See More Headlines
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Company Calendar

Ex-Dividend for 8/1 Dividend
6/28/2024
Dividend Payable
8/01/2024
Last Earnings
8/08/2024
Today
9/07/2024
Ex-Dividend for 11/1 Dividend
9/27/2024
Dividend Payable
11/01/2024
Next Earnings (Estimated)
11/11/2024

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$43.28
High Stock Price Target
C$47.50
Low Stock Price Target
C$39.00
Potential Upside/Downside
+5.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
C$2.92 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$34.63 billion
Cash Flow
C$258.31 per share
Book Value
C$33.53 per share

Miscellaneous

Free Float
N/A
Market Cap
C$24.41 billion
Optionable
Not Optionable
Beta
1.10
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Key Executives

  • Mr. Robert Jeffrey Orr (Age 65)
    President, CEO & Director
    Comp: $5.13M
  • Mr. Claude Genereux (Age 62)
    Executive Vice-President
    Comp: $4.28M
  • Mr. Denis Le Vasseur C.A.
    C.P.A., FCPA, Vice President & Controller
  • Mr. Jake P. Lawrence
    Executive VP & CFO
  • 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

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 Corporation of Canada offers financial services in North America, Europe, and Asia, providing a diversified investment opportunity.
  • Recent exploration activities by Power Metal Resources plc in Canada could lead to the discovery of valuable mineral resources, potentially increasing the company's asset base.
  • Power Corporation of Canada operates through various segments, offering a wide range of financial products and services to cater to different investor needs.
  • Protean Energy Limited's vanadium exploration project in South Korea presents a unique investment opportunity in a niche market, potentially leading to high returns.
  • Investors can benefit from the international presence of Power Corporation of Canada, which may provide exposure to different economic regions and growth opportunities.

Cons

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

  • Power Metal Resources plc's exploration activities may involve high risks and uncertainties, leading to potential losses for investors.
  • Power Corporation of Canada's diverse operations across multiple regions may expose the company to geopolitical and economic risks, impacting its financial performance.
  • Protean Energy Limited's focus on vanadium exploration, a niche market, may result in limited market demand and price volatility, affecting investment returns.
  • Investing in Power Corporation of Canada may require a thorough understanding of the financial services industry and market dynamics, posing challenges for inexperienced investors.
  • Power Metal Resources plc's primary focus on mineral exploration may lead to fluctuations in revenue and profitability, affecting shareholder returns.
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 Monday, August 26, 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

How have POW shares performed this year?

Power Co. of Canada's stock was trading at C$37.89 at the start of the year. Since then, POW stock has increased by 8.7% and is now trading at C$41.20.
View the best growth stocks for 2024 here
.

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

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

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.

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

Based on aggregate information from My MarketBeat watchlists, some other companies that Power Co. of Canada investors own include Bank of Nova Scotia (BNS), Enbridge (ENB), Toronto-Dominion Bank (TD), Royal Bank of Canada (RY), Manulife Financial (MFC), Bank of Montreal (BMO) and BCE (BCE).

This page (TSE:POW) was last updated on 9/7/2024 by MarketBeat.com Staff

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