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TSE:GWO

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

C$43.36
+0.44 (+1.03%)
(As of 02:39 PM ET)
Today's Range
C$42.66
C$43.39
50-Day Range
C$41.45
C$45.03
52-Week Range
C$34.83
C$45.18
Volume
236,136 shs
Average Volume
2.62 million shs
Market Capitalization
C$40.43 billion
P/E Ratio
14.80
Dividend Yield
5.12%
Price Target
C$42.78

Great-West Lifeco MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
1.3% Downside
C$42.78 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Great-West Lifeco in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
C$566,402 Sold Last Quarter
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.

0.40 out of 5 stars

GWO stock logo

About Great-West Lifeco Stock (TSE:GWO)

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.

GWO Stock Price History

GWO Stock News Headlines

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Great-West Lifeco Inc. (GWS.F)
Great-West Lifeco Inc
Q1 2024 Franklin Resources Inc Earnings Call
Canada Life announces retirement of Jeff Macoun
TSX Kicks off New Year in the Red
Great-West Lifeco Inc (GWO-PP.TO)
GWO_pm Historical Data
Great-West Lifeco Inc (GWO-PM.TO)
Great Lifec 5.40 % P Non Cum Prf (GWO_pp)
Stocks in play: Great-West Lifeco
See More Headlines
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Company Calendar

Ex-Dividend for 12/29 Dividend
11/29/2023
Dividend Payable
12/29/2023
Last Earnings
2/14/2024
Ex-Dividend for 3/28 Dividend
2/28/2024
Today
3/28/2024
Dividend Payable
3/28/2024
Next Earnings (Estimated)
5/14/2024

Industry, Sector and Symbol

Industry
Insurance - Life
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
33,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$42.78
High Stock Price Target
C$46.00
Low Stock Price Target
C$40.00
Potential Upside/Downside
-0.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
7 Analysts

Profitability

Net Income
C$2.86 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$36.05 billion
Cash Flow
C$202.84 per share
Book Value
C$25.86 per share

Miscellaneous

Free Float
N/A
Market Cap
C$40.02 billion
Optionable
Not Optionable
Beta
0.86
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Key Executives

  • Mr. Paul Anthony Mahon (Age 60)
    President, CEO & Director
    Comp: $4.12M
  • Mr. Raman Srivastava CFA
    Executive VP & Global Chief Investment Officer
  • Mr. Garry MacNicholas
    Executive Officer
  • Mr. Edmund Francis Murphy III (Age 62)
    President & CEO of Empower
    Comp: $9.12M
  • Mr. Jon Nielsen (Age 50)
    Executive VP & Chief Financial Officer
  • Mr. Gordon Patrick Menzie
    Senior Vice-President of Corporate Finance & Treasury
  • Mr. Steven Rullo
    Executive VP & Global Chief Information Officer
  • Ms. Sharon C. Geraghty
    Executive VP & General Counsel
  • Amy Metzger
    Senior VP & Chief Compliance Officer
  • Mr. David Simmonds
    Senior VP and Global Chief Communications & Sustainability Officer

Should I Buy Great-West Lifeco Stock? GWO Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Great-West Lifeco was last updated on Tuesday, March 26, 2024 at 10:42 PM.

Pros

Here are some ways that investors could benefit from investing in Great-West Lifeco Inc.:

  • Great-West Lifeco Inc. reported strong earnings results, beating analysts' consensus estimates, indicating financial stability and growth potential.
  • The company offers a diverse range of insurance and investment products, providing investors with a broad portfolio to choose from.
  • Great-West Lifeco Inc. has a history of increasing dividends, with a recent positive change in the quarterly dividend amount, offering attractive returns to investors.
  • The stock price of Great-West Lifeco Inc. has shown resilience, with a twelve-month high indicating potential for capital appreciation.
  • Great-West Lifeco Inc. operates in multiple regions, including Canada, the United States, and Europe, diversifying its revenue sources and reducing geographical risk.

Cons

Investors should be bearish about investing in Great-West Lifeco Inc. for these reasons:

  • The insurance industry is subject to regulatory changes and economic fluctuations, impacting the company's profitability and operations.
  • Market competition in the insurance and investment sector is intense, potentially affecting Great-West Lifeco Inc.'s market share and margins.
  • Investing in financial services companies like Great-West Lifeco Inc. carries inherent market risks, including interest rate fluctuations and market volatility.
  • Global economic uncertainties and geopolitical events can influence the performance of Great-West Lifeco Inc.'s international operations, posing risks to investors.
  • Changes in consumer preferences and behavior towards insurance and investment products may impact the demand for Great-West Lifeco Inc.'s offerings, affecting revenue growth.

GWO Stock Analysis - Frequently Asked Questions

Should I buy or sell Great-West Lifeco stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Great-West Lifeco in the last twelve months. There are currently 7 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GWO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GWO, but not buy additional shares or sell existing shares.
View GWO analyst ratings
or view top-rated stocks.

What is Great-West Lifeco's stock price target for 2024?

7 brokers have issued 1-year price objectives for Great-West Lifeco's stock. Their GWO share price targets range from C$40.00 to C$46.00. On average, they predict the company's share price to reach C$42.78 in the next twelve months. This suggests that the stock has a possible downside of 1.3%.
View analysts price targets for GWO
or view top-rated stocks among Wall Street analysts.

How have GWO shares performed in 2024?

Great-West Lifeco's stock was trading at C$43.86 on January 1st, 2024. Since then, GWO stock has decreased by 1.1% and is now trading at C$43.36.
View the best growth stocks for 2024 here
.

When is Great-West Lifeco's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our GWO earnings forecast
.

How were Great-West Lifeco's earnings last quarter?

Great-West Lifeco Inc. (TSE:GWO) issued its quarterly earnings data on Wednesday, February, 14th. The company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.05. The business had revenue of $20.21 billion for the quarter. Great-West Lifeco had a trailing twelve-month return on equity of 10.28% and a net margin of 7.95%.

How often does Great-West Lifeco pay dividends? What is the dividend yield for Great-West Lifeco?

Great-West Lifeco announced a quarterly dividend on Wednesday, February 14th. Investors of record on Thursday, February 29th will be paid a dividend of 0.555 per share on Thursday, March 28th. This represents a $2.22 dividend on an annualized basis and a yield of 5.12%. The ex-dividend date of this dividend is Wednesday, February 28th. This is an increase from the stock's previous quarterly dividend of C$0.52.
Read our dividend analysis for GWO
.

Is Great-West Lifeco a good dividend stock?

Great-West Lifeco (TSE:GWO) pays an annual dividend of C$2.22 per share and currently has a dividend yield of 5.19%. GWO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 75.77%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for GWO.

What other stocks do shareholders of Great-West Lifeco own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Great-West Lifeco investors own include Intact Financial (IFC), Constellation Software (CSU), Alimentation Couche-Tard (ATD.B), AutoCanada (ACQ), Bank of Nova Scotia (BNS), Toronto-Dominion Bank (TD), AbbVie (ABBV), Enbridge (ENB), Vermilion Energy (VET) and Manulife Financial (MFC).

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.

This page (TSE:GWO) was last updated on 3/28/2024 by MarketBeat.com Staff

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