Q1 Earnings Forecast for TSE:GWO Issued By Desjardins

Great-West Lifeco Inc. (TSE:GWO) – Stock analysts at Desjardins issued their Q1 2025 earnings per share estimates for Great-West Lifeco in a research note issued on Thursday, April 17th. Desjardins analyst D. Young anticipates that the company will post earnings per share of $1.13 for the quarter. Desjardins currently has a “Hold” rating and a $53.00 target price on the stock. The consensus estimate for Great-West Lifeco’s current full-year earnings is $4.45 per share.

Other research analysts have also issued reports about the company. TD Securities upped their price target on Great-West Lifeco from C$53.00 to C$62.00 and gave the stock a “buy” rating in a report on Thursday, April 3rd. Jefferies Financial Group increased their price target on shares of Great-West Lifeco from C$51.00 to C$58.00 and gave the company a “hold” rating in a report on Thursday, April 3rd. BMO Capital Markets boosted their price objective on shares of Great-West Lifeco from C$54.00 to C$59.00 and gave the stock a “market perform” rating in a report on Thursday, April 3rd. Royal Bank of Canada set a C$53.00 price objective on shares of Great-West Lifeco and gave the company a “sector perform” rating in a research report on Tuesday. Finally, Barclays lowered their price target on Great-West Lifeco from C$48.00 to C$47.00 in a research note on Friday, April 11th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Great-West Lifeco currently has an average rating of “Hold” and an average target price of C$55.00.

Great-West Lifeco Stock Down 0.4 %

Shares of TSE:GWO opened at C$52.46 on Friday. The company has a market cap of C$48.84 billion, a price-to-earnings ratio of 12.00, a PEG ratio of 2.26 and a beta of 0.84. The business has a 50 day moving average price of C$53.06 and a 200 day moving average price of C$49.52. Great-West Lifeco has a twelve month low of C$38.44 and a twelve month high of C$57.61.

Insider Activity

In other news, Director Charles Donald Harvey Henaire sold 26,100 shares of the business’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of C$53.00, for a total value of C$1,383,300.00. Also, Director Christine Marie Moritz sold 4,700 shares of the business’s stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of C$52.09, for a total value of C$244,827.70. Insiders sold 144,257 shares of company stock valued at $7,640,646 in the last quarter. Company insiders own 70.70% of the company’s stock.

Great-West Lifeco Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 31st were given a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a dividend yield of 4.65%. This is a boost from Great-West Lifeco’s previous quarterly dividend of $0.56. The ex-dividend date was Monday, March 3rd. Great-West Lifeco’s dividend payout ratio (DPR) is currently 50.79%.

About Great-West Lifeco

Great-West Lifeco is one of the three big Canadian life insurance firms. With just under half of the firm’s profit and revenue in Canada, Great-West also operates in the U.S. and Europe. In Canada, Great-West provides both individual and group insurance. In the United States, Great-West operates Putnam Investments and defined-contribution recordkeeping firm Empower Retirement.