Should I buy or sell Power Co. of Canada stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Power Co. of Canada in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" POW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in POW, but not buy additional shares or sell existing shares. View POW analyst ratings or view top-rated stocks .

What is Power Co. of Canada's stock price target for 2024?

6 brokerages have issued twelve-month price objectives for Power Co. of Canada's shares. Their POW share price targets range from C$39.00 to C$45.00. On average, they predict the company's stock price to reach C$41.78 in the next year. This suggests a possible upside of 15.2% from the stock's current price. View analysts price targets for POW or view top-rated stocks among Wall Street analysts .

How have POW shares performed in 2024?

Power Co. of Canada's stock was trading at C$37.89 at the beginning of the year. Since then, POW shares have decreased by 4.2% and is now trading at C$36.28. View the best growth stocks for 2024 here .

When is Power Co. of Canada's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024. View our POW earnings forecast .

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

Power Co. of Canada (TSE:POW) posted its quarterly earnings results on Wednesday, March, 20th. The financial services provider reported $0.89 earnings per share for the quarter, missing analysts' consensus estimates of $1.00 by $0.11. The financial services provider earned $21.37 billion during the quarter. Power Co. of Canada had a net margin of 6.89% and a trailing twelve-month return on equity of 8.94%.

How often does Power Co. of Canada pay dividends? What is the dividend yield for Power Co. of Canada?

Power Co. of Canada declared a quarterly dividend on Wednesday, March 20th. Shareholders of record on Thursday, March 28th will be paid a dividend of 0.563 per share on Wednesday, May 1st. This represents a $2.25 annualized dividend and a yield of 6.21%. The ex-dividend date is Wednesday, March 27th. This is an increase from the stock's previous quarterly dividend of C$0.53. Read our dividend analysis for POW .

Is Power Co. of Canada a good dividend stock?

Power Co. of Canada (TSE:POW) pays an annual dividend of C$2.25 per share and currently has a dividend yield of 5.93%. POW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 65.60%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for POW .

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

Based on aggregate information from My MarketBeat watchlists, some companies that other 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) , BCE (BCE) , Canadian Imperial Bank of Commerce (CM) , Bank of America (BAC) and Bombardier, Inc. Class B (BBD.B) .

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 .

TSE:POW

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

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Free POW Stock Alerts

C$36.07

-0.21 (-0.58%)

(As of 09:51 AM ET)

Compare

Today's Range: C$36.01
▼
C$36.29
50-Day Range: C$36.28
▼
C$40.25
52-Week Range: C$32.33
▼
C$40.30

Volume: 47,488 shs
Average Volume: 2.88 million shs
Market Capitalization: C$21.47 billion

P/E Ratio: 10.52
Dividend Yield: 6.24%
Price Target: C$41.78

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines

Get Power Co. of Canada alerts:

Power Co. of Canada MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 15.2% Upside
C$41.78 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.11
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.

1.84 out of 5 stars

2.2

Analyst's Opinion

Consensus Rating
Power Co. of Canada has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Power Co. of Canada has only been the subject of 4 research reports in the past 90 days.

N/A

Short Interest

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

2.5

Dividend Strength

Dividend Leadership
Power Co. of Canada is a leading dividend payer. It pays a dividend yield of 5.93%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Power Co. of Canada does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Power Co. of Canada is 65.60%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

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

2.3

News and Social Media Coverage

News Sentiment
Power Co. of Canada has a news sentiment score of 0.11. 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 lower news sentiment than the 0.79 average news sentiment score of Financial Services companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Power Co. of Canada this week, compared to 8 articles on an average week.
Search Interest
7 people have searched for POW on MarketBeat in the last 30 days. This is an increase of 133% compared to the previous 30 days.
MarketBeat Follows
5 people have added Power Co. of Canada to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Power Co. of Canada insiders have not sold or bought any company stock.
Percentage Held by Insiders
13.51% of the stock of Power Co. of Canada is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 32.29% of the stock of Power Co. of Canada is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Power Co. of Canada is 10.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.84.
Price to Earnings Ratio vs. Sector
The P/E ratio of Power Co. of Canada is 10.58, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 456.51.
Price to Earnings Growth Ratio
Power Co. of Canada has a PEG Ratio of 0.95. PEG Ratios around 1 indicate that a company is correctly valued.
Price to Book Value per Share Ratio
Power Co. of Canada has a P/B Ratio of 1.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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, disability, critical illness, accidental death, dismemberment, health and dental protection, and creditor insurance; retirement and investment management; fund and asset management; reinsurance and retrocession; investment advisory, financial planning, and related services; fund products; and protection and wealth management services. It also provides employer-sponsored retirement plan, individual retirement account and drawdown, investment option, and education services, as well as taxable brokerage accounts; private keeping and administrative services; payout annuities, equity release mortgages, life bonds, mortgage, securities, pension, private equity, and financial services; and investment products, such as equity, fixed income, absolute return and alternative strategies, exchange traded funds, and trust funds. 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

30 days | 90 days | 365 days | Advanced Chart

POW Stock News Headlines

April 16, 2024 | finance.yahoo.com

Staples Canada surpasses two sustainability milestones ahead of 2025 targets

April 15, 2024 | finance.yahoo.com

Power Corporation of Canada (POW.TO)

April 16, 2024 | Gold Safe Exchange (Ad)

Trump’s “Tax Free” Retirement Strategy

April 15, 2024 | finanznachrichten.de

Revolve Renewable Power Corp.: Revolve Announces Appointment of CFO

April 14, 2024 | wsj.com

The Reliability of Hydropower in a Pinch

April 13, 2024 | msn.com

N.S. Power wants $31M from ratepayers for Michelin plant upgrade

April 12, 2024 | yahoo.com

Strong winds could cause power outages, Environment Canada warns

April 11, 2024 | msn.com

Essar Power appoints Ankur Kumar CEO of Renewables Division

April 16, 2024 | Gold Safe Exchange (Ad)

Trump’s “Tax Free” Retirement Strategy

April 10, 2024 | ca.finance.yahoo.com

SMIRNOFF PARTNERS WITH EMERGING ARTISTS IN CANADA TO CELEBRATE THE POWER OF MUSIC AND ERADICATE THE JOY RECESSION

April 6, 2024 | msn.com

Federal minister says nuclear power is key part of renewable energy expansion

April 5, 2024 | msn.com

German power metal force Powerwolf announce new album Wake Up The Wicked

April 5, 2024 | msn.com

Deadly April storm batters Northeast, snarling travel and knocking out power to half a million

April 5, 2024 | msn.com

Ford delaying rollout of new electric pickup truck, SUV

April 4, 2024 | markets.businessinsider.com

New global climate action initiative harnesses Canada’s AI expertise

April 4, 2024 | finance.yahoo.com

RESA Power Enhances and Expands its Transformer Services Capabilities in Western Canada with the Acquisition of AVATT, Inc.

April 3, 2024 | finance.yahoo.com

SANY Set to Showcase Its Cutting-edge Products in the Canada National Heavy Equipment Show

April 3, 2024 | nytimes.com

What We Know About the Victims of the World Central Kitchen Strike

April 2, 2024 | msn.com

CANADA STOCKS-Resource shares lift Toronto market to fresh record high

April 1, 2024 | ca.finance.yahoo.com

Edisun Power Europe Full Year 2023 Earnings: EPS: CHF22.55 (vs CHF9.87 in FY 2022)

March 31, 2024 | ca.news.yahoo.com

Buffet of hazards on the table as Central Canada faces spring storm

March 30, 2024 | msn.com

Ukraine power firm hit by Russian attacks warns repairs could take 18 months

March 30, 2024 | msn.com

UPDATE 3-Canada's GDP rebounds in January, likely up 0.4% in February

March 27, 2024 | reuters.com

Greek power producer Mytilineos asks Canada's Alberta to approve solar projects on farmland

March 26, 2024 | finance.yahoo.com

Power Corporation of Canada's Dividend Analysis

March 20, 2024 | markets.businessinsider.com

Power of Somatic Intelligence Lead by Chen Lizra wins a 2024 Global Recognition Award

March 19, 2024 | financialpost.com

Kraken Robotics Announces $2.4 Million of Sonar and Subsea Power Contracts

See More Headlines

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Company Calendar

Ex-Dividend for 2/1 Dividend: 12/28/2023
Dividend Payable: 2/01/2024
Last Earnings: 3/20/2024
Ex-Dividend for 5/1 Dividend: 3/27/2024
Today: 4/16/2024
Dividend Payable: 5/01/2024
Next Earnings (Estimated): 5/20/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Financial Services
Industry: Insurance - Life
Sub-Industry: N/A
Current Symbol: TSE:POW
CUSIP: N/A
CIK: N/A
Web: www.powercorporation.com
Phone: +1-514-2867400
Fax: N/A
Employees: 2
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$41.78
High Stock Price Target: C$45.00
Low Stock Price Target: C$39.00
Potential Upside/Downside: +15.2%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$3.43
Trailing P/E Ratio: 10.58
Forward P/E Ratio: 8.00
P/E Growth: 0.95
Net Income: C$2.32 billion
Net Margins: 6.89%
Pretax Margin: N/A
Return on Equity: 8.94%
Return on Assets: 0.36%

Debt

Debt-to-Equity Ratio: 50.75
Current Ratio: 23.47
Quick Ratio: 107.64

Sales & Book Value

Annual Sales: C$32.60 billion
Price / Sales: 0.66
Cash Flow: C$227.46 per share
Price / Cash Flow: 0.16
Book Value: C$32.49 per share
Price / Book: 1.12

Miscellaneous

Outstanding Shares: 595,180,000
Free Float: N/A
Market Cap: C$21.59 billion
Optionable: Not Optionable
Beta: 1.11

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Key Executives

Mr. Robert Jeffrey Orr (Age 65)
President, CEO & Director
Comp: $5.07M
Mr. Claude Genereux (Age 62)
Executive Vice-President
Comp: $3.62M
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
Mr. Denis Le Vasseur C.A.
C.P.A., FCPA, Vice President & Controller

Key Competitors

View All Competitors

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 Co. of Canada has received positive price target revisions from various research firms, indicating growth potential.
The company offers a diverse range of financial services in North America, Europe, and Asia, providing geographical diversification for investors.
Power Co. of Canada has a moderate buy consensus rating and an average price target of C$41.00, suggesting optimism from analysts.
The stock has shown a steady increase, with recent trading at C$38.72, indicating a positive trend in the market.
With a market cap of C$23.26 billion and a stable financial position, Power Co. of Canada presents a solid investment opportunity.

Cons

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

Despite positive outlooks, there are concerns about the company's high debt-to-equity ratio of 49.89, which may pose risks in the long term.
The stock's price-to-earnings ratio of 15.45 and beta of 1.11 indicate moderate valuation and volatility, respectively, which could deter some investors.
While the company has shown growth potential, competition in the financial services sector remains intense, impacting profitability.
Investors need to consider the industry trends and economic conditions that may affect Power Co. of Canada's performance in the future.
Fluctuations in the stock price and market conditions could lead to uncertainties in returns for investors, requiring a cautious approach.

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 Friday, April 12, 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

Should I buy or sell Power Co. of Canada stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Power Co. of Canada in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" POW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in POW, but not buy additional shares or sell existing shares.
View POW analyst ratings or view top-rated stocks.
What is Power Co. of Canada's stock price target for 2024?: 6 brokerages have issued twelve-month price objectives for Power Co. of Canada's shares. Their POW share price targets range from C$39.00 to C$45.00. On average, they predict the company's stock price to reach C$41.78 in the next year. This suggests a possible upside of 15.2% from the stock's current price.
View analysts price targets for POW or view top-rated stocks among Wall Street analysts.
How have POW shares performed in 2024?: Power Co. of Canada's stock was trading at C$37.89 at the beginning of the year. Since then, POW shares have decreased by 4.2% and is now trading at C$36.28.
View the best growth stocks for 2024 here.
When is Power Co. of Canada's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our POW earnings forecast.
How were Power Co. of Canada's earnings last quarter?: Power Co. of Canada (TSE:POW) posted its quarterly earnings results on Wednesday, March, 20th. The financial services provider reported $0.89 earnings per share for the quarter, missing analysts' consensus estimates of $1.00 by $0.11. The financial services provider earned $21.37 billion during the quarter. Power Co. of Canada had a net margin of 6.89% and a trailing twelve-month return on equity of 8.94%.

How often does Power Co. of Canada pay dividends? What is the dividend yield for Power Co. of Canada?: Power Co. of Canada declared a quarterly dividend on Wednesday, March 20th. Shareholders of record on Thursday, March 28th will be paid a dividend of 0.563 per share on Wednesday, May 1st. This represents a $2.25 annualized dividend and a yield of 6.21%. The ex-dividend date is Wednesday, March 27th. This is an increase from the stock's previous quarterly dividend of C$0.53.
Read our dividend analysis for POW.
Is Power Co. of Canada a good dividend stock?: Power Co. of Canada (TSE:POW) pays an annual dividend of C$2.25 per share and currently has a dividend yield of 5.93%. POW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 65.60%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for POW.
What other stocks do shareholders of Power Co. of Canada own?: Based on aggregate information from My MarketBeat watchlists, some companies that other 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), BCE (BCE), Canadian Imperial Bank of Commerce (CM), Bank of America (BAC) and Bombardier, Inc. Class B (BBD.B).
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.

This page (TSE:POW) was last updated on 4/16/2024 by MarketBeat.com Staff

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

Power Co. of Canada 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 Power Co. of Canada Stock (TSE:POW)

POW Stock Price History

POW Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Should I Buy Power Co. of Canada Stock? POW Pros and Cons Explained

Pros

Cons

POW Stock Analysis - Frequently Asked Questions

Overall MarketRank^™