E-L Financial (TSE:ELF) Share Price Passes Below 50 Day Moving Average of $1,110.74

E-L Financial Co. Limited (TSE:ELF) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$1,110.74 and traded as low as C$1,096.00. E-L Financial shares last traded at C$1,096.00, with a volume of 1,283 shares traded.

E-L Financial Stock Down 2.1 %

The company has a market cap of C$3.79 billion, a P/E ratio of 3.49 and a beta of 0.83. The stock has a 50-day moving average of C$1,110.74 and a 200 day moving average of C$1,064.30. The company has a debt-to-equity ratio of 7.88, a current ratio of 2.13 and a quick ratio of 2.70.

E-L Financial (TSE:ELF) last released its earnings results on Thursday, May 9th. The insurance provider reported C$148.72 EPS for the quarter. E-L Financial had a net margin of 39.01% and a return on equity of 16.27%. The firm had revenue of C$339.00 million for the quarter. Research analysts anticipate that E-L Financial Co. Limited will post 0.25 earnings per share for the current year.

E-L Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 17th. Shareholders of record on Wednesday, July 17th will be issued a $3.75 dividend. This represents a $15.00 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date is Friday, June 28th. E-L Financial’s dividend payout ratio is presently 4.78%.

E-L Financial Company Profile

E-L Financial Corporation Limited operates as an investment and insurance holding company in Canada. It operates through two segments, E-L Corporate and Empire Life. The company owns investments in equities and fixed income securities directly and indirectly through common shares, investment funds, closed-end investment companies, pooled funds, limited partnerships, and other private and investment companies.