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TSE:GWO
Great West Lifeco (GWO.TO)
Financials 
Technical Analysis 
Aug 25, 2026, 12:00 amThis summary was created by AI, based on 7 opinions in the last 12 months.
Great West Lifeco (GWO) is considered a solid company with stable earnings and a history of reliable dividend increases. However, opinions on its current valuation are mixed, with some experts suggesting it is somewhat overvalued based on its price-to-earnings ratio, while others highlight that the stock may offer buying opportunities due to recent price pauses. The company's market performance is influenced by interest rates, and while the dividend yield is appealing at around 4%, analysts indicate that there could be better entry points in the future. Comparatively, it has a lower beta than other financial stocks, pointing to its stability, but experts suggest that stocks like Manulife Financial Corporation (MFC) may currently present more attractive valuations and growth potentials.
(See Top Picks for the insurance company that he prefers.) Likes the insurance space because they fund their liabilities through their investments. They can re-deploy a lot of cash now. Reasonable dividend (4.5%) and valuation. Prefers MFC-T. You can also buy Power Financial Corp which holds GWO-T.
(A Top Pick March 30/12. Up 17.3%.) Completed the acquisition of Irish Life which will add about $0.10-$0.12 in earnings next year. They are overdue to raise the dividend and expects this later this year or early next year.
Bruce Campbell (1)(A Top Pick Feb 29/12. Up 7.8%.) Preferred P series 5.4%. This is a perpetual. He is bullish on the market so he wants to be a bit longer-term.
Randy LeClair
With this lifeco, your dividend is solidly and safely covered. 4.84% yield. He is looking for stocks that are cheap with a good yield for the coming year. Wouldn’t be surprised if it got 15%-20% higher from here.
Ross Healy
Preferred Series R, 4.8%. A recent new issue. It will be sometime before it is called. A perpetual. Has the 2017 and then being $26 reduces down to $25 by 2021.
Randy LeClair
Preferred P 5.4%. Likes that it is a non-bank financial. Represents a lot of good value.
Randy LeClair
David Cockfield
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Price to book is more expensive than Sun Life (SLF-T) or Manulife (MFC-T). Just did the Irish life transaction which will be very accretive for them.