E-L Financial (TSE:ELF) Hits New 1-Year High at $1,110.00

E-L Financial Co. Limited (TSE:ELF)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$1,110.00 and last traded at C$1,110.00, with a volume of 504 shares trading hands. The stock had previously closed at C$1,100.00.

E-L Financial Trading Up 0.9 %

The company has a current ratio of 2.13, a quick ratio of 2.70 and a debt-to-equity ratio of 8.88. The company has a fifty day simple moving average of C$1,060.08 and a 200-day simple moving average of C$1,008.21. The company has a market capitalization of C$3.84 billion, a PE ratio of 4.49 and a beta of 0.83.

E-L Financial (TSE:ELF) last issued its earnings results on Friday, March 8th. The insurance provider reported C$132.30 earnings per share (EPS) for the quarter. The company had revenue of C$335.00 million during the quarter. E-L Financial had a return on equity of 13.99% and a net margin of 34.70%. Analysts predict that E-L Financial Co. Limited will post 0.25 EPS for the current year.

E-L Financial Cuts Dividend

The firm also recently declared a None dividend, which will be paid on Friday, June 14th. Stockholders of record on Tuesday, May 14th will be issued a dividend of $60.00 per share. The ex-dividend date of this dividend is Monday, May 13th. E-L Financial’s dividend payout ratio is presently 6.12%.

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.