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 brokerages have issued 12 month target prices 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$43.11 in the next year. This suggests a possible upside of 7.0% from the stock's current price. 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 8.1% and is now trading at C$40.30. 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 results on Wednesday, February, 14th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.05. The company earned $20.21 billion during 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. Stockholders 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 annualized dividend and a dividend yield of 5.51%. The ex-dividend date of this dividend is Wednesday, February 28th. This is a positive change 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 5.17%. 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 .

TSE:GWO

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

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Free GWO Stock Alerts

C$40.30

+0.23 (+0.57%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$40.06
▼
C$40.51
50-Day Range: C$40.07
▼
C$43.76
52-Week Range: C$37.06
▼
C$45.18

Volume: 606,792 shs
Average Volume: 2.37 million shs
Market Capitalization: C$37.58 billion

P/E Ratio: 13.75
Dividend Yield: 5.51%
Price Target: C$43.11

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get Great-West Lifeco alerts:

Great-West Lifeco MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 7.0% Upside
C$43.11 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.89
Based on 9 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.

1.84 out of 5 stars

2.0

Analyst's Opinion

Consensus Rating
Great-West Lifeco has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 7 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Great-West Lifeco has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for GWO.

1.7

Dividend Strength

Dividend Leadership
Great-West Lifeco is a leading dividend payer. It pays a dividend yield of 5.17%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Great-West Lifeco does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Great-West Lifeco is 75.77%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GWO.

3.3

News and Social Media Coverage

News Sentiment
Great-West Lifeco has a news sentiment score of 0.89. 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 0.49 average news sentiment score of Financial Services companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Great-West Lifeco this week, compared to 2 articles on an average week.
Search Interest
Only 3 people have searched for GWO on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
2 people have added Great-West Lifeco to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Great-West Lifeco insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$566,402.00 in company stock.
Percentage Held by Insiders
70.57% of the stock of Great-West Lifeco is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 12.09% of the stock of Great-West Lifeco is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Great-West Lifeco is 13.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.71.
Price to Earnings Ratio vs. Sector
The P/E ratio of Great-West Lifeco is 13.75, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 447.11.
Price to Earnings Growth Ratio
Great-West Lifeco has a PEG Ratio of 2.26. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Great-West Lifeco has a P/B Ratio of 1.56. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

GWO Stock News Headlines

April 14, 2024 | americanbankingnews.com

Great-West Lifeco (TSE:GWO) PT Raised to C$45.00

April 13, 2024 | nasdaq.com

Great-West Lifeco's Preferred Shares, Series N Crosses Above 3% Yield Territory

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 13, 2024 | americanbankingnews.com

Great-West Lifeco Inc. to Post FY2024 Earnings of $4.18 Per Share, Desjardins Forecasts (TSE:GWO)

April 9, 2024 | americanbankingnews.com

Great-West Lifeco Inc. (TSE:GWO) Given Average Recommendation of "Hold" by Analysts

April 7, 2024 | msn.com

Slow and Steady: 2 Passive-Income Stocks With Yields Over 5%

March 28, 2024 | finance.yahoo.com

Great-West Lifeco's (TSE:GWO) investors will be pleased with their notable 73% return over the last five years

March 21, 2024 | theglobeandmail.com

Closing Bell: Great-West Lifeco Inc Pref Ser L up on Monday (GWO-PR-L)

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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March 14, 2024 | msn.com

Invest $500 Each Month to Create $1,564.65 in Passive Income in 2024

February 29, 2024 | finance.yahoo.com

Counsel Portfolio Services Announces Addition of Mackenzie Financial Corporation as Sub-Advisor

February 24, 2024 | msn.com

Hungry for Yield? 2 Dividend-Growth Gems That Demand Attention

February 22, 2024 | ca.news.yahoo.com

Jagmeet Singh vs. Galen Weston: The NDP's crusade to bring down 'corporate greed'

February 18, 2024 | ca.finance.yahoo.com

Great-West Lifeco Inc. (GWS.F)

February 17, 2024 | msn.com

3 Top Reasons to Buy Great-West Lifeco Stock After its Q4 Earnings

February 14, 2024 | theglobeandmail.com

Great-West Lifeco sees fourth-quarter earnings rise to $740 million

February 14, 2024 | finance.yahoo.com

Great-West Lifeco reports record base earnings in the fourth quarter of 2023; announces 7% dividend increase

February 2, 2024 | morningstar.com

Great-West Lifeco Inc

January 31, 2024 | finance.yahoo.com

Great-West Lifeco to release fourth quarter 2023 financial results

January 30, 2024 | finance.yahoo.com

Q1 2024 Franklin Resources Inc Earnings Call

January 16, 2024 | finance.yahoo.com

Canada Life announces retirement of Jeff Macoun

January 15, 2024 | finance.yahoo.com

Canada Life Investment Management Ltd. announces results of special meetings on mergers and terminations as well as other changes to its mutual fund lineup

January 7, 2024 | theglobeandmail.com

Closing Bell: Great West Lifeco Pref Ser M up on Tuesday (GWO-PR-M)

January 6, 2024 | theglobeandmail.com

Closing Bell: Great West Lifeco Pref Ser T up on Tuesday (GWO-PR-T)

January 3, 2024 | msn.com

TSX Kicks off New Year in the Red

January 1, 2024 | finance.yahoo.com

Great-West Lifeco Inc (GWO-PP.TO)

December 19, 2023 | investing.com

GWO_pm Historical Data

See More Headlines

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Company Calendar

Last Earnings: 2/14/2024
Ex-Dividend for 3/28 Dividend: 2/28/2024
Dividend Payable: 3/28/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/14/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Financial Services
Industry: Insurance - Life
Sub-Industry: N/A
Current Symbol: TSE:GWO
CUSIP: N/A
CIK: N/A
Web: www.greatwestlifeco.com
Phone: +1-204-9461190
Fax: N/A
Employees: 33,500
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$43.11
High Stock Price Target: C$46.00
Low Stock Price Target: C$40.00
Potential Upside/Downside: +7.0%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$2.93
Trailing P/E Ratio: 13.75
Forward P/E Ratio: 9.74
P/E Growth: 2.26
Net Income: C$2.86 billion
Net Margins: 7.95%
Pretax Margin: N/A
Return on Equity: 10.28%
Return on Assets: 1.08%

Debt

Debt-to-Equity Ratio: 32.33
Current Ratio: 12.42
Quick Ratio: 22.18

Sales & Book Value

Annual Sales: C$36.05 billion
Price / Sales: 1.04
Cash Flow: C$190.45 per share
Price / Cash Flow: 0.21
Book Value: C$25.86 per share
Price / Book: 1.56

Miscellaneous

Outstanding Shares: 932,430,000
Free Float: N/A
Market Cap: C$37.58 billion
Optionable: Not Optionable
Beta: 0.86

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Key Executives

Mr. Paul Anthony Mahon (Age 60)
President, CEO & Director
Comp: $4.62M
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: $5.72M
Mr. Gordon Patrick Menzie
Senior Vice-President of Corporate Finance & Treasury
Ms. Sharon C. Geraghty
Executive VP & General Counsel
Ms. Grace M. Palombo (Age 60)
Executive VP & Chief HR Officer
Mr. Douglas J. Tkach
Senior VP & Chief Internal Auditor
Ms. Dervla Mary Tomlin
Executive VP & Chief Risk Officer
Mr. Robert Lloyd Reynolds (Age 72)
President & CEO of Putnam Investments LLC and Chair of Great West Lifeco U.S. LLC

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

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

Pros

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

Great-West Lifeco had a return on equity of 10.28% and a net margin of 7.95%, indicating strong financial performance.
The company recently increased its quarterly dividend from $0.52 to $0.555, showing a commitment to rewarding shareholders.
Analysts expect Great-West Lifeco to post 4.137561 EPS for the current fiscal year, suggesting potential growth.
Insiders have sold shares of the company, indicating confidence in its future performance.
Great-West Lifeco's price target was raised to C$45.00 by TD Securities, signaling positive analyst sentiment.

Cons

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

The stock price of Great-West Lifeco has been trading down, reaching C$40.36 during recent trading sessions, potentially indicating a downward trend.

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 Saturday, April 13, 2024. Please send any questions or comments about these Great-West Lifeco pros and cons to contact@marketbeat.com.

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 brokerages have issued 12 month target prices 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$43.11 in the next year. This suggests a possible upside of 7.0% from the stock's current price.
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 8.1% and is now trading at C$40.30.
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 results on Wednesday, February, 14th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.05. The company earned $20.21 billion during 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. Stockholders 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 annualized dividend and a dividend yield of 5.51%. The ex-dividend date of this dividend is Wednesday, February 28th. This is a positive change 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 5.17%. 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 4/18/2024 by MarketBeat.com Staff

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

Great-West Lifeco MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Great-West Lifeco Stock (TSE:GWO)

GWO Stock Price History

GWO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

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

Pros

Cons

GWO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™