Canadian Life Companies Split (LFE) Stock Price, News & Analysis

Company Overview

Canadian Life Companies Split Corp. is a closed-ended equity mutual fund launched and managed by Quadravest Capital Management Inc. It invests in the public equity markets of Canada. The fund seeks to invest in stocks of companies operating in the life insurance sector. It primarily invests in stocks of four publicly traded life insurance companies namely Great-West Lifeco Inc., Industrial Alliance Insurance and Financial Services Inc., Manulife Financial Corporation, and Sun Life Financial Inc. The fund employs fundamental analysis with a focus on such factors as a firm's earning history, relative price-earnings multiple, cash flow, dividend yield, market position, and growth prospects to create its portfolio. It benchmarks the performance of its portfolio against the S&P TSX Financial Index. Canadian Life Companies Split Corp. was formed on April 18, 2005 and is domiciled in Canada.

Key Stats

• Today's Range: C$6.05 to C$6.18
• 50-Day Range: C$5.13 to C$6.70
• 52-Week Range: C$2.76 to C$6.71
• Volume: 40,762 shs
• Average Volume: 51,456 shs
• Market Capitalization: C$63.28 million
• P/E Ratio: 4.68
• Dividend Yield: 19.42%
• Price Target: N/A
• Consensus Rating: N/A

LFE Stock Analysis - Frequently Asked Questions

How have LFE shares performed this year?

Canadian Life Companies Split's stock was trading at C$4.25 at the beginning of the year. Since then, LFE stock has increased by 44.5% and is now trading at C$6.14.
View the best growth stocks for 2024 here.

How do I buy shares of Canadian Life Companies Split?

Shares of LFE 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.
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What other stocks do shareholders of Canadian Life Companies Split own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Canadian Life Companies Split investors own include Financial 15 Split (FTN), Toronto-Dominion Bank (TD), Cornerstone Strategic Value Fund (CLM), Great-West Lifeco (GWO), Meta Platforms (META), NVIDIA (NVDA) and Bank of Nova Scotia (BNS).

Company Calendar

• Ex-Dividend for 9/10 Dividend: 8/30/2024
• Dividend Payable: 9/10/2024
• Today: 11/05/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: N/A
• Current Symbol: TSE:LFE
• CUSIP: N/A
• CIK: N/A
• Web: www.quadravest.com
• Phone: +1-416-3044443
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): C$1.32
• Trailing P/E Ratio: 4.58
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$15 million
• Net Margins: 57.35%
• Pretax Margin: N/A
• Return on Equity: 32.16%
• Return on Assets: 9.59%

Debt

• Debt-to-Equity Ratio: 210.26
• Current Ratio: 1.47
• Quick Ratio: 1.33

Sales & Book Value

• Annual Sales: C$26.15 million
• Price / Sales: 2.37
• Cash Flow: C$28.63 per share
• Price / Cash Flow: 0.21
• Book Value: C$4.80 per share
• Price / Book: 1.26

Miscellaneous

• Outstanding Shares: 10,240,000
• Free Float: N/A
• Market Cap: C$61.95 million
• Optionable: Not Optionable
• Beta: 2.91