E-L Financial (TSE:ELF) Hits New 52-Week High at $1,150.00

E-L Financial Co. Limited (TSE:ELFGet Free Report)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as C$1,150.00 and last traded at C$1,150.00, with a volume of 311 shares trading hands. The stock had previously closed at C$1,131.61.

E-L Financial Trading Up 1.6 %

The stock has a market capitalization of C$3.98 billion, a price-to-earnings ratio of 3.66 and a beta of 0.83. The company has a debt-to-equity ratio of 7.88, a current ratio of 2.13 and a quick ratio of 2.70. The business’s 50-day simple moving average is C$1,092.49 and its two-hundred day simple moving average is C$1,047.60.

E-L Financial (TSE:ELFGet Free Report) last announced its quarterly earnings results on Thursday, May 9th. The insurance provider reported C$148.72 earnings per share 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. On average, research analysts anticipate that E-L Financial Co. Limited will post 0.25 earnings per share for the current fiscal year.

E-L Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 17th. Stockholders of record on Friday, June 28th will be given a dividend of $3.75 per share. The ex-dividend date is Friday, June 28th. This represents a $15.00 dividend on an annualized basis and a dividend yield of 1.30%. E-L Financial’s payout ratio is currently 4.78%.

About E-L Financial

(Get Free Report)

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.

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