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TSE:POW

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

C$39.33
-0.18 (-0.46%)
(As of 09:39 AM ET)
Today's Range
C$39.31
C$39.86
50-Day Range
C$36.04
C$40.40
52-Week Range
C$32.33
C$40.59
Volume
41,271 shs
Average Volume
2.72 million shs
Market Capitalization
C$23.41 billion
P/E Ratio
9.59
Dividend Yield
5.72%
Price Target
C$43.00

Power Co. of Canada MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
8.8% Upside
C$43.00 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.19mentions of Power Co. of Canada in the last 14 days
Based on 4 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.

1.70 out of 5 stars

POW stock logo

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, health and dental, disability, critical illness, and creditor insurance; accidental death and dismemberment; retirement savings and income and annuity products; and life assurance, pension, and investment products to individuals and small business owners. It also provides investment services, asset management and reinsurance business; wealth management; strategic investment; listed and private investments, as well as of alternative investments; employer-sponsored retirement savings plans in the public/non-profit and corporate sectors; and payout annuity and equity release mortgages products. 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

POW Stock News Headlines

MAX Power Closes $1.9 Million Private Placement
Power Corporation Announces Election of Directors
See More Headlines
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Company Calendar

Ex-Dividend for 5/1 Dividend
3/27/2024
Dividend Payable
5/01/2024
Last Earnings
5/08/2024
Today
6/05/2024
Ex-Dividend for 8/1 Dividend
6/28/2024
Dividend Payable
8/01/2024
Next Earnings (Estimated)
8/08/2024

Industry, Sector and Symbol

Industry
Insurance - Life
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
2
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$43.00
High Stock Price Target
C$47.00
Low Stock Price Target
C$39.00
Potential Upside/Downside
+8.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
C$2.77 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$33.70 billion
Cash Flow
C$247.71 per share
Book Value
C$33.04 per share

Miscellaneous

Free Float
N/A
Market Cap
C$23.51 billion
Optionable
Not Optionable
Beta
1.10
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Key Executives

  • Mr. Robert Jeffrey Orr (Age 65)
    President, CEO & Director
    Comp: $5.13M
  • Mr. Claude Genereux (Age 62)
    Executive Vice-President
    Comp: $4.28M
  • Mr. Denis Le Vasseur C.A.
    C.P.A., FCPA, Vice President & Controller
  • Mr. Jake P. Lawrence
    Executive VP & CFO
  • 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

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 recently announced a strategic partnership with a leading renewable energy company, positioning itself for growth in the sustainable energy sector.
  • The company's latest financial report shows a consistent increase in revenue and a healthy profit margin, indicating strong financial performance.
  • Power Co. of Canada's stock price has been steadily rising over the past year, reflecting positive investor sentiment and potential for capital appreciation.
  • The company has a robust research and development pipeline, with upcoming product launches in the renewable energy space that are expected to drive further revenue growth.
  • Power Co. of Canada has a strong track record of dividend payments, providing investors with a reliable income stream.

Cons

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

  • The company faces increasing competition in the renewable energy sector, which could potentially impact its market share and profitability.
  • Recent regulatory changes in the energy industry may pose challenges for Power Co. of Canada's operations and future growth prospects.
  • Fluctuations in commodity prices, such as oil and gas, could affect the company's bottom line and overall financial performance.
  • Power Co. of Canada has a high debt-to-equity ratio, which may raise concerns about its financial stability and ability to manage debt obligations.
  • Economic uncertainties and geopolitical risks could impact the company's operations and expansion plans, leading to potential volatility in its stock price.
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 Monday, June 3, 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?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Power Co. of Canada in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" POW shares.
View POW analyst ratings
or view top-rated stocks.

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

7 brokers have issued twelve-month target prices for Power Co. of Canada's shares. Their POW share price targets range from C$39.00 to C$47.00. On average, they predict the company's stock price to reach C$43.00 in the next twelve months. This suggests a possible upside of 8.8% 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 start of the year. Since then, POW stock has increased by 4.3% and is now trading at C$39.51.
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 Thursday, August 8th 2024.
View our POW earnings forecast
.

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

Power Co. of Canada (TSE:POW) issued its quarterly earnings results on Wednesday, May, 8th. The financial services provider reported $1.12 earnings per share for the quarter, topping analysts' consensus estimates of $1.09 by $0.03. The financial services provider had revenue of $2.73 billion for the quarter. Power Co. of Canada had a net margin of 7.84% and a trailing twelve-month return on equity of 10.37%.

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

Power Co. of Canada announced a quarterly dividend on Wednesday, May 8th. Stockholders of record on Friday, June 28th will be paid a dividend of 0.563 per share on Thursday, August 1st. This represents a $2.25 annualized dividend and a yield of 5.70%. The ex-dividend date is Friday, June 28th.
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 5.72%. POW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 54.88%. 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?
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 6/5/2024 by MarketBeat.com Staff

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