TSE:POW

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

C$36.76
-0.08 (-0.22%)
(As of 04/22/2024 ET)
Today's Range
C$36.73
C$37.15
50-Day Range
C$36.04
C$40.25
52-Week Range
C$32.33
C$40.30
Volume
5.86 million shs
Average Volume
2.91 million shs
Market Capitalization
C$21.88 billion
P/E Ratio
10.72
Dividend Yield
6.12%
Price Target
C$41.78

Power Co. of Canada MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
13.7% Upside
C$41.78 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.24mentions of Power Co. of Canada in the last 14 days
Based on 2 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.

1.91 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

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Power Corporation of Canada (POW.TO)
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Power Corporation of Canada's Dividend Analysis
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
4/22/2024
Dividend Payable
5/01/2024
Next Earnings (Confirmed)
5/08/2024

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$41.78
High Stock Price Target
C$45.00
Low Stock Price Target
C$39.00
Potential Upside/Downside
+13.7%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
C$2.32 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$32.60 billion
Cash Flow
C$230.47 per share
Book Value
C$32.49 per share

Miscellaneous

Free Float
N/A
Market Cap
C$21.88 billion
Optionable
Not Optionable
Beta
1.11
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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 equities research 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 equities research 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 Wall Street analysts have issued twelve-month price objectives for Power Co. of Canada's stock. Their POW share price targets range from C$39.00 to C$45.00. On average, they expect the company's share price to reach C$41.78 in the next twelve months. This suggests a possible upside of 13.7% 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 on January 1st, 2024. Since then, POW shares have decreased by 3.0% and is now trading at C$36.76.
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 Wednesday, May 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 earnings results on Wednesday, March, 20th. The financial services provider reported $0.89 EPS 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 trailing twelve-month return on equity of 8.94% and a net margin of 6.89%.

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, March 20th. Investors 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 6.13%. The ex-dividend date of this dividend is Wednesday, March 27th. This is a positive change 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?
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 4/23/2024 by MarketBeat.com Staff

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