Analysts Offer Predictions for TSE:POW FY2025 Earnings

Power Co. of Canada (TSE:POW) – Equities research analysts at National Bank Financial lifted their FY2025 earnings estimates for Power Co. of Canada in a research note issued on Tuesday, October 29th. National Bank Financial analyst J. Gloyn now expects that the financial services provider will earn $5.16 per share for the year, up from their previous estimate of $5.00. The consensus estimate for Power Co. of Canada’s current full-year earnings is $4.93 per share.

POW has been the subject of several other research reports. National Bankshares lifted their price target on Power Co. of Canada from C$42.00 to C$47.00 and gave the company a “sector perform” rating in a report on Wednesday. Scotiabank increased their price target on shares of Power Co. of Canada from C$47.00 to C$47.50 in a research note on Wednesday, July 24th. CIBC lowered their price objective on shares of Power Co. of Canada from C$43.00 to C$40.00 in a research note on Friday, August 9th. Jefferies Financial Group cut their target price on Power Co. of Canada from C$45.00 to C$44.00 in a research report on Friday, August 2nd. Finally, Desjardins boosted their price target on Power Co. of Canada from C$43.00 to C$44.00 and gave the company a “buy” rating in a research report on Monday, August 12th. Four investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$43.83.

Power Co. of Canada Stock Performance

Power Co. of Canada stock opened at C$44.01 on Thursday. The stock has a fifty day moving average price of C$42.47 and a 200 day moving average price of C$39.90. Power Co. of Canada has a 52 week low of C$33.09 and a 52 week high of C$44.86. The firm has a market capitalization of C$26.07 billion, a P/E ratio of 9.99, a PEG ratio of 0.57 and a beta of 1.09. The company has a current ratio of 91.78, a quick ratio of 107.64 and a debt-to-equity ratio of 48.53.

Power Co. of Canada (TSE:POW) last issued its quarterly earnings results on Thursday, August 8th. The financial services provider reported C$1.17 earnings per share for the quarter, beating the consensus estimate of C$1.12 by C$0.05. Power Co. of Canada had a return on equity of 11.29% and a net margin of 8.29%. The company had revenue of C$9.91 billion during the quarter.

Power Co. of Canada Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 1st. Shareholders of record on Friday, September 27th will be paid a dividend of $0.563 per share. This represents a $2.25 dividend on an annualized basis and a dividend yield of 5.12%. The ex-dividend date is Friday, September 27th. Power Co. of Canada’s dividend payout ratio is presently 51.25%.

About Power Co. of Canada

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.