Sagicor Financial (SFC) Stock Price, News & Analysis

Company Overview

Sagicor Financial Company Ltd., together with its subsidiaries, provides insurance products and related financial services in Jamaica, Barbados, Trinidad, Tobago, other Caribbean region, and the United States. It operates through three segments: Sagicor Jamaica, Sagicor Life, and Sagicor Life USA. The company offers life and health insurance products; employee benefits, including group health and group life benefits; and annuities, asset management, and property and casualty insurance. It also provides banking products and services, such as deposits, savings products, secured loans, mortgage, debit and credit cards, and remittance services. In addition, the company offers pension administration services; and commercial banking services, including lending, accepting deposits, and foreign exchange sales and purchases, as well as payments solutions, inclusive of point-of-sale devices, payment gateway services, and corporate secretarial services. Sagicor Financial Company Ltd. was founded in 1840 and is headquartered in St Michael, Barbados.

Key Stats

• Today's Range: C$5.60 to C$5.75
• 50-Day Range: C$5.50 to C$6.50
• 52-Week Range: C$4.73 to C$7.41
• Volume: 14,842 shs
• Average Volume: 8,374 shs
• Market Capitalization: C$789.99 million
• P/E Ratio: 1.29
• Dividend Yield: 5.71%
• Price Target: C$8.75
• Consensus Rating: Buy

Sagicor Financial Stock Analysis - MarketRank™

Sagicor Financial scored higher than 87% 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: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Sagicor Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Sagicor Financial has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Sagicor Financial is 1.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.19.

Price to Earnings Ratio vs. Sector

The P/E ratio of Sagicor Financial is 1.29, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 420.01.

Price to Book Value per Share Ratio

Sagicor Financial has a P/B Ratio of 0.88. P/B Ratios below 1 indicate that a company could be undervalued 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 SFC.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Sagicor Financial is a leading dividend payer. It pays a dividend yield of 5.39%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Sagicor Financial does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Sagicor Financial is 7.36%. 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 SFC.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.29

News Sentiment

Sagicor Financial has a news sentiment score of 1.29. 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 0.45 average news sentiment score of Financial Services companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Sagicor Financial this week, compared to 1 article on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Sagicor Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$29,050.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

33.94% of the stock of Sagicor Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 0.32% of the stock of Sagicor Financial is held by institutions.

SFC Stock Analysis - Frequently Asked Questions

How have SFC shares performed this year?

Sagicor Financial's stock was trading at C$6.97 at the start of the year. Since then, SFC shares have decreased by 19.7% and is now trading at C$5.60.
View the best growth stocks for 2024 here.

How do I buy shares of Sagicor Financial?

Shares of SFC 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.

Company Calendar

• Ex-Dividend for 9/17 Dividend: 8/27/2024
• Dividend Payable: 9/17/2024
• Today: 9/19/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Financial Services
• Industry: Insurance - Life
• Sub-Industry: N/A
• Current Symbol: TSE:SFC
• CUSIP: N/A
• CIK: N/A
• Web: www.sagicor.com
• Phone: 246-467-7500
• Fax: N/A
• Employees: 5,180
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$8.75
• High Stock Price Target: C$9.00
• Low Stock Price Target: C$8.50
• Potential Upside/Downside: +51.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$4.35
• Trailing P/E Ratio: 1.32
• Forward P/E Ratio: 6.05
• P/E Growth: N/A
• Net Income: C$467.82 million
• Net Margins: 25.02%
• Pretax Margin: N/A
• Return on Equity: 50.57%
• Return on Assets: 1.50%

Debt

• Debt-to-Equity Ratio: 77.33
• Current Ratio: 23.04
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: C$1.87 billion
• Price / Sales: 0.43
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: C$6.37 per share
• Price / Book: 0.90

Miscellaneous

• Outstanding Shares: 141,070,000
• Free Float: N/A
• Market Cap: C$812.56 million
• Optionable: N/A
• Beta: 0.21