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

E-L Financial Co. Limited (TSE:ELF) reached a new 52-week high during 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 changing hands. The stock had previously closed at C$1,100.00.

E-L Financial Stock Performance

The company has a fifty day moving average price of C$1,064.39 and a 200 day moving average price of C$1,010.82. The stock has a market cap of C$3.79 billion, a P/E ratio of 4.46 and a beta of 0.83. The company has a debt-to-equity ratio of 8.88, a current ratio of 2.13 and a quick ratio of 2.70.

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

E-L Financial Cuts Dividend

The firm also recently disclosed a None dividend, which will be paid on Friday, June 14th. Shareholders of record on Tuesday, May 14th will be given a $60.00 dividend. The ex-dividend date is Monday, May 13th. E-L Financial’s dividend payout ratio is currently 6.12%.

About E-L Financial

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.