Q1 Earnings Forecast for TSE:GWO Issued By Desjardins

Great-West Lifeco Inc. (TSE:GWO) – Equities research analysts at Desjardins issued their Q1 2025 earnings per share (EPS) estimates for Great-West Lifeco in a research report issued to clients and investors on Thursday, April 17th. Desjardins analyst D. Young forecasts 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.

Several other research firms have also recently issued reports on GWO. Cibc World Mkts raised shares of Great-West Lifeco from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 6th. Scotiabank increased their price target on shares of Great-West Lifeco from C$59.00 to C$60.00 and gave the stock an “outperform” rating in a research report on Friday, February 7th. TD Securities boosted their price objective on Great-West Lifeco from C$53.00 to C$62.00 and gave the company a “buy” rating in a report on Thursday, April 3rd. CIBC upgraded Great-West Lifeco from a “neutral” rating to an “outperform” rating and upped their price objective for the company from C$56.00 to C$60.00 in a research note on Friday, February 7th. Finally, Barclays decreased their target price on Great-West Lifeco from C$48.00 to C$47.00 in a research report on Friday, April 11th. One analyst has rated the stock with a sell rating, five have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of C$55.00.

Great-West Lifeco Stock Down 0.4 %

GWO stock opened at C$52.46 on Friday. The stock’s 50 day moving average is C$53.03 and its two-hundred day moving average is C$49.50. Great-West Lifeco has a 52-week low of C$38.44 and a 52-week high of C$57.61. The company has a market capitalization of C$48.84 billion, a PE ratio of 12.00, a P/E/G ratio of 2.26 and a beta of 0.84.

Great-West Lifeco Increases Dividend

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

Insider Buying and Selling at Great-West Lifeco

In other Great-West Lifeco news, Director Christine Marie Moritz sold 4,700 shares of the business’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of C$52.09, for a total transaction of C$244,827.70. Also, Director Edmund Francis Murphy sold 15,000 shares of the stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of C$52.31, for a total transaction of C$784,695.00. Insiders have sold 144,257 shares of company stock valued at $7,640,646 in the last quarter. Corporate insiders own 70.70% of the company’s stock.

Great-West Lifeco Company Profile

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.