Great-West Lifeco Inc (TSE:GWO) Set to Announce Earnings on Wednesday
Great-West Lifeco Inc (TSE:GWO) is scheduled to be releasing its earnings data after the market closes on Wednesday, August 2nd. Analysts expect Great-West Lifeco to post earnings of $0.69 per share for the quarter.
Great-West Lifeco Inc (TSE:GWO) traded up 0.23% during mid-day trading on Thursday, hitting $35.29. The stock had a trading volume of 194,349 shares. Great-West Lifeco Inc has a one year low of $30.83 and a one year high of $37.79. The company has a market cap of $34.93 billion and a price-to-earnings ratio of 13.38. The company has a 50 day moving average price of $34.87 and a 200-day moving average price of $35.74.
The company also recently declared a quarterly dividend, which was paid on Friday, June 30th. Investors of record on Friday, June 30th were paid a dividend of $0.367 per share. This represents a $1.47 annualized dividend and a yield of 4.16%. The ex-dividend date of this dividend was Wednesday, May 31st.
In other Great-West Lifeco news, Director Deborah Jean Barrett acquired 2,900 shares of the stock in a transaction that occurred on Tuesday, May 9th. The stock was acquired at an average price of C$34.91 per share, with a total value of C$101,239.00. Also, insider Lifeco U.S. Holding Great-West sold 33,665 shares of the business’s stock in a transaction dated Friday, June 30th. The shares were sold at an average price of C$34.11, for a total transaction of C$1,148,313.15.
Several research firms recently issued reports on GWO. CIBC lifted their price target on shares of Great-West Lifeco from C$37.00 to C$39.00 in a research note on Tuesday, May 2nd. BMO Capital Markets reaffirmed a “market perform” rating and set a C$39.00 price target on shares of Great-West Lifeco in a research note on Wednesday, April 26th. Scotiabank dropped their price target on shares of Great-West Lifeco from C$41.00 to C$39.00 and set a “sector perform” rating on the stock in a research note on Friday, May 5th. TD Securities downgraded shares of Great-West Lifeco from a “buy” rating to a “hold” rating and dropped their price target for the stock from C$42.00 to C$37.00 in a research note on Friday, May 5th. Finally, Barclays PLC lifted their price target on shares of Great-West Lifeco from C$36.00 to C$37.00 in a research note on Wednesday, July 12th. One equities research analyst has rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. Great-West Lifeco presently has a consensus rating of “Hold” and an average price target of C$36.70.
Great-West Lifeco Company Profile
Great-West Lifeco Inc (Lifeco) is a financial services holding company. The Company has interests in the life insurance, health insurance, asset management, investment and retirement savings, and reinsurance businesses. It operates through four operating segments: Canada, United States, Europe and Lifeco Corporate.
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