Power Financial Corp

PWF-T

TSE:PWF

33.12
0.37 (1.13%)
Founded in 1984, Power Financial Corporation is a diversified management and holding company that has interest, directly or indirectly, in companies in the financial services sector in Canada, the United ...
More at Wikipedia

Analysis and Opinions about PWF-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
December 4, 2019
A bit of a gamble, he admits. The heirs of the company haven't done much. The book value has climbed steadily. All it needs is somebody to take charge of this company. It's dormant. You're paid a good yield while waiting. (Analysts’ price target is $33.81)
A bit of a gamble, he admits. The heirs of the company haven't done much. The book value has climbed steadily. All it needs is somebody to take charge of this company. It's dormant. You're paid a good yield while waiting. (Analysts’ price target is $33.81)
Ross Healy
Chairman, Strategic Analysis Corp
Price
$32.340
Owned
Yes
HOLD
HOLD
November 19, 2019
He does not like the performance. He bought it in 2015 with the expectation that they would resume their dividend increase trend but the stock went nowhere. It is hard for him to recommend it for growth.
He does not like the performance. He bought it in 2015 with the expectation that they would resume their dividend increase trend but the stock went nowhere. It is hard for him to recommend it for growth.
Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$32.930
Owned
Yes
BUY
BUY
November 1, 2019

A function of how GreatWest Life does. GWO had a solid earnings that helps them. He expects 5% earnings per share growth. It's cheap at 8.8x with a well covered dividend. Not exciting but you can get dividend growth.

A function of how GreatWest Life does. GWO had a solid earnings that helps them. He expects 5% earnings per share growth. It's cheap at 8.8x with a well covered dividend. Not exciting but you can get dividend growth.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$30.800
Owned
Yes
BUY WEAKNESS
BUY WEAKNESS
October 25, 2019

A subsidiary of Power Corp. Power Financial gives direct exposure to Great West Life, Investors Group and Mackenzie Investments. The insurance business is tough right now as they require actuarial returns of 6% per year, which they used to be able to do with bonds when interest rates were higher. Margins are narrowing as well. It is a stock that pays a great dividend and it should provide high single-digit returns each year including the dividend. You could buy it on weakness.

A subsidiary of Power Corp. Power Financial gives direct exposure to Great West Life, Investors Group and Mackenzie Investments. The insurance business is tough right now as they require actuarial returns of 6% per year, which they used to be able to do with bonds when interest rates were higher. Margins are narrowing as well. It is a stock that pays a great dividend and it should provide high single-digit returns each year including the dividend. You could buy it on weakness.

Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$30.690
Owned
Unknown
BUY
BUY
September 24, 2019
Seasonality for financials begins in mid-October. The chart is a rollercoaster, but that is good. The stock looks good right now.
Power Financial Corp (PWF-T)
September 24, 2019
Seasonality for financials begins in mid-October. The chart is a rollercoaster, but that is good. The stock looks good right now.
Brooke Thackray
Research Analyst, Horizons ETFs (Canada) Inc.
Price
$30.860
Owned
Unknown
BUY
BUY
September 20, 2019
The stock is very cheap, trading at under 8 times. The dividends are at 5.9%. It has good value with decent growth. The payout ratio is reasonable and sustainable. (Analysts’ price target is $32.00)
Power Financial Corp (PWF-T)
September 20, 2019
The stock is very cheap, trading at under 8 times. The dividends are at 5.9%. It has good value with decent growth. The payout ratio is reasonable and sustainable. (Analysts’ price target is $32.00)
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$30.950
Owned
Unknown
DON'T BUY
DON'T BUY
August 29, 2019

He prefers SLF-T. PWF-T always looks cheap. He wants not just great dividend yield but growth. He wants 10% to qualify for him to do the research. Negative interest rates just don't work.

He prefers SLF-T. PWF-T always looks cheap. He wants not just great dividend yield but growth. He wants 10% to qualify for him to do the research. Negative interest rates just don't work.

Rick Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$28.300
Owned
Unknown
COMMENT
COMMENT
July 16, 2019
PWF or POW? He would prefer Power Financial as it trades to a discount to the parent. He is not a big fan of the Investors Group and Great West Life. He would look towards others in the space -- preferably the Canadian banks instead.
PWF or POW? He would prefer Power Financial as it trades to a discount to the parent. He is not a big fan of the Investors Group and Great West Life. He would look towards others in the space -- preferably the Canadian banks instead.
Ryan Bushell
President, Newhaven Asset Management
Price
$29.750
Owned
Unknown
DON'T BUY
DON'T BUY
July 12, 2019

For a long-term investor The stock has been sideways for a decade, though it pays a decent, safe dividend. The same goes with POW-T. It's a defensive stock during a recession. Otherwise, don't expect growth going forward.

For a long-term investor The stock has been sideways for a decade, though it pays a decent, safe dividend. The same goes with POW-T. It's a defensive stock during a recession. Otherwise, don't expect growth going forward.

Bruce Campbell (1)
President, Campbell and Lee InvMngmnt
Price
$29.710
Owned
Unknown
DON'T BUY
DON'T BUY
July 11, 2019

POW vs. PWF POW has better liquidity so institutional investors prefer it. For growth, though, these are plays on life insurance. The PWF yield is over 6% and tantalizing. They likely won't cut the dividend, but probably will pause dividend growth. There are better stocks in asset management or insurance. He wouldn't buy either for capital appreciation.

POW vs. PWF POW has better liquidity so institutional investors prefer it. For growth, though, these are plays on life insurance. The PWF yield is over 6% and tantalizing. They likely won't cut the dividend, but probably will pause dividend growth. There are better stocks in asset management or insurance. He wouldn't buy either for capital appreciation.

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$29.890
Owned
No
COMMENT
COMMENT
July 11, 2019
Has been intrigued for some time, but it hasn't done anything for a long time. Perhaps the descendants of the founder have been content to not make waves. Stock is cheap, nice yield. Downturn in the mutual fund portion.
Has been intrigued for some time, but it hasn't done anything for a long time. Perhaps the descendants of the founder have been content to not make waves. Stock is cheap, nice yield. Downturn in the mutual fund portion.
Ross Healy
Chairman, Strategic Analysis Corp
Price
$29.890
Owned
Unknown
BUY
BUY
July 10, 2019
POW-T vs. PWF-T. She owns a bit of Power financial. Either one is probably fine. They are considered income stocks so if interest rates go down it should be beneficial for both. (Analysts’ price target is $33.00)
POW-T vs. PWF-T. She owns a bit of Power financial. Either one is probably fine. They are considered income stocks so if interest rates go down it should be beneficial for both. (Analysts’ price target is $33.00)
Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$30.060
Owned
Yes
HOLD
HOLD
June 28, 2019
Looks stable, as though it's waiting to do something. Hold if you own it. Risky below $29. Upside probably limited to $32 before the end of the year. Good dividend. One of those fairly stable, high-paying dividend stocks. Likes it better than bank stocks. Take a small position, but be careful. Yield is 6%.
Looks stable, as though it's waiting to do something. Hold if you own it. Risky below $29. Upside probably limited to $32 before the end of the year. Good dividend. One of those fairly stable, high-paying dividend stocks. Likes it better than bank stocks. Take a small position, but be careful. Yield is 6%.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
Price
$30.120
Owned
Unknown
DON'T BUY
DON'T BUY
May 28, 2019
All you are getting is the dividend with this name. He does not know where the growth is going to come from. This is very much a yield stock. The dividend is safe and he thinks all the good news is the valuation now.
All you are getting is the dividend with this name. He does not know where the growth is going to come from. This is very much a yield stock. The dividend is safe and he thinks all the good news is the valuation now.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$30.580
Owned
No
BUY
BUY
May 14, 2019
They recently bought back 5-8% of shares outstanding. It's a good income stock at a 5.9% dividend. PWF's performance depends on its subsidiaries, though it trades at an historially wide 19% discount to those subs. Maybe the subs have better growth. It's a safe defensive stock.
They recently bought back 5-8% of shares outstanding. It's a good income stock at a 5.9% dividend. PWF's performance depends on its subsidiaries, though it trades at an historially wide 19% discount to those subs. Maybe the subs have better growth. It's a safe defensive stock.
Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$30.780
Owned
Yes
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