Great-West Lifeco Inc GWLIF
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Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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Great-West Lifeco Strategy, Investments Head Arshil Jamal to Retire
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Great-West Lifeco Gets TSX Approval to Buy Back 2.14% of Public Float
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Great-West Lifeco Transfers Canadian Mortgage Portfolio to Start-Up Company Nesto
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Great-West Lifeco Subsidiary Canada Life to Acquire Value Partners Group
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Franklin Templeton buying Putnam Investments from Great-West Lifeco
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Franklin Templeton to Acquire Putnam Investments From Great-West Lifeco
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Toronto Stocks Edge Lower; Neo Performance Materials Slides on 1Q Loss, Revenue Miss
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Great-West Lifeco Taps Jon Nielsen for CFO Role Starting in 2024
Trading Information
- Previous Close Price
- $31.54
- Day Range
- $31.60–31.60
- 52-Week Range
- $25.48–33.33
- Bid/Ask
- $27.69 / $32.00
- Market Cap
- $29.47 Bil
- Volume/Avg
- 294 / 43,783
Key Statistics
- Price/Earnings (Normalized)
- 10.67
- Price/Sales
- 1.58
- Dividend Yield (Trailing)
- 5.00%
- Dividend Yield (Forward)
- 3.81%
- Total Yield
- 5.19%
Company Profile
Great-West Lifeco provides life insurance, health insurance, retirement products, asset management, recordkeeping services, and reinsurance products in Canada, the United States, and Europe. The Canada business contributes approximately 31% of adjusted earnings and has leading market positions in group insurance, group retirement, and individual insurance. The company operates the second-largest recordkeeping business under the Empower brand in the United States, with an earnings contribution from the country approximating 26%. Great-West Lifeco also offers various products across Europe markets with a strong presence in the UK, Ireland, and Germany. The Europe segment contributed around 21% of adjusted earnings and the reinsurance business accounts for around 22% of adjusted earnings.
- Sector
- Financial Services
- Industry
- Insurance - Life
- Stock Style Box
- Large Value
- Total Number of Employees
- 33,500
- Website
- https://www.greatwestlifeco.com
Competitors
Valuation
Metric
|
GWLIF
|
SLF
|
MFC
|
---|---|---|---|
Price/Earnings (Normalized) | 10.67 | 11.55 | 9.63 |
Price/Book Value | 1.62 | 1.98 | 1.45 |
Price/Sales | 1.58 | 1.32 | 1.45 |
Price/Cash Flow | 5.50 | — | 36.52 |
Price/Earnings
GWLIF
SLF
MFC
Financial Strength
Metric
|
GWLIF
|
SLF
|
MFC
|
---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 8.48 | 8.12 | 5.15 |
Quick Ratio
No chart available
Profitability
Metric
|
GWLIF
|
SLF
|
MFC
|
---|---|---|---|
Return on Assets (Normalized) | 0.47% | 1.15% | 0.78% |
Return on Equity (Normalized) | 13.76% | 16.86% | 16.60% |
Return on Invested Capital (Normalized) | 9.28% | 12.08% | 9.66% |
Return on Assets
GWLIF
SLF
MFC
Insurance - Life Industry Comparables
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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CILJF
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AFL
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PRU
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