
TSE:POW
This summary was created by AI, based on 20 opinions in the last 12 months.
Power Corp (POW-T) has garnered mixed reviews from experts, reflecting a company with solid fundamentals but recent pricing concerns. Many analysts highlight its strong growth potential, driven by its holdings in companies like Great-West Life and Wealthsimple, suggesting an ability to expand its dividends and overall return. The stock is trading at a forward PE ratio of around 11x, attracting attention for its dividend yield, yet some experts caution that it appears a bit pricey at current levels. Despite recent pullbacks, experts see potential for optimistic long-term growth, coupled with a recommendation to wait for a more favorable price point for new investments. Overall, while some recommend holding existing positions, there is a consensus to be cautious about entering at the current valuation.
Canadian insurance held up remarkably well during the lockdown. POW owns 80% of Great-West Life which was up 26% in earnings. He projects an 8% growth rate. POW is super cheap at 7.3x 2022, and pays a 7% dividend with a 54% payout ratio. Trades at a NAV discount of 28% instead of the usual 19%. It will be a steady eddy in coming years. (Analysts’ price target is $28.06)
Has Great West Life instead. POW has quite the dividend yield. Not a bad PE. Price to book is below book value. Low interest rates are impacting these companies, and it's going to be lower for longer. He wants dividend growth and capital appreciation. This is a value play, which hasn't worked out for quite some time.
You could sit and wait to do the share swop from Power Financial into Power Corp. The two companies have been performing the same. The WestJet acquisition fits into their other subsidiaries. WestJet will be a private company and it won't be posting numbers going forwards.
PWF is a holding that she has for the income. PWF and POW are going to merge, which is driving up the value of both today. The merger is one way to close the gap between market valuations of the two. There is some thought the dividend will increase and the new entity plans to buy back shares. She will continue to hold as it an income stock. The yield is still over 5%.
A financial holding company that is the major holder of Power Financial. Power Financial has Great West Life and IGM Financial under them. The double stacked holding company offers a discount. In terms of the underlying assets, they are very positive. Great West Life pays a good dividend. He is less enthused by IGM Financial.