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Weekly 52-Week Low (or 52-Week High): BAM-T, IAG-T, ONC-T, CCB-X and More 52-Week Highs and Lows (Feb 05-11)Mixed tradingMarkets mixed today TuesdayThis summary was created by AI, based on 9 opinions in the last 12 months.
Great West Lifeco (GWO-T) has garnered positive feedback from industry experts, highlighting its strong performance, especially in Canada and the United States. The company's focus on disciplined acquisitions and a diversified revenue stream from asset management, insurance, and annuities is seen as a major strength. Several analysts noted the potential benefits of rising interest rates for life insurance companies, predicting that higher rates could provide a substantial tailwind. The stock is viewed as a core holding for income-oriented investors, with a healthy dividend yield in the range of 4.6% to 5.4%. While recent price appreciation has been notable, analysts suggest exercising patience for potential further gains.
All the insurance names, both in Canada and the US, continue to work. If interest rates do, in fact, go higher, that will only be beneficial for lifecos and other insurers. The chart looks fantastic. Good run, so there is some weakening in the intermediate term.
If a long-term holding, best thing you can do is sit on your hands and do nothing except participate in the DRIP program. Especially if he's right on the broader call of rates being 8-10% in the secular bear market of 2030-40, should be a big tailwind for insurers.
Revenues from asset management, insurance, annuities, health benefits. Very diversified. Around for decades. Likes the safety and growth over time. Dividend growth is about 8%. Payout ratio still in 50-70% range. High quality. Not necessarily a home run, but a single: core holding for the long term, dividend payments, some price appreciation. Yield is 4.6%.
Because it's diversified, interest rate moves benefit different segments at different times.
Great West Lifeco is a Canadian stock, trading under the symbol GWO-T on the Toronto Stock Exchange (GWO-CT). It is usually referred to as TSX:GWO or GWO-T
In the last year, 3 stock analysts published opinions about GWO-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Great West Lifeco.
Great West Lifeco was recommended as a Top Pick by on . Read the latest stock experts ratings for Great West Lifeco.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered Great West Lifeco In the last year. It is a trending stock that is worth watching.
On 2025-04-01, Great West Lifeco (GWO-T) stock closed at a price of $57.05.
He owns both this and Manulife. Rates going up have helped a lot. They are working on improving the U.S. side which wasn't going well. The Canadian side is doing well.