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Investor Insights

This 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.

Consensus
Positive
Valuation
Undervalued
Unspecified

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.

BUY ON WEAKNESS

Really likes it for income. Very disciplined and methodical acquisitions. Global platform:  Canada, US, and Europe. Recent earnings growth was from US side, and this will likely continue due to demand and to weak CAD. Above his buy price, so just wait a bit. Yield is 4.7%.

HOLD

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.

COMMENT

Both companies have done quite well and both are cheap with secure dividends. It has been a good year for the sector but they may not get the same returns going forward.

TOP PICK

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.

(Analysts’ price target is $49.50)
BUY

Great company, high quality. More focused on investments than some of the other insurance companies. Hitting new highs.

TOP PICK

For income-oriented investors. Mature market focus in Canada, US, and mature parts of Europe; whereas MFC and SLF are pursuing growth more in EMs. Better on capital allocation, likes growth potential. Trades at less than 10x earnings. Attractive yield of 5.2%.

(Analysts’ price target is $44.20)
BUY

Likes it, screens well. Decent price to book ratio, attractive relative to other names today. Shares have come down with the correction, mainly due to interest rates popping up a bit. Affected by interest rates. Quality, good management. Yield is 5.4%, strong.

COMMENT
Preferred GWO

On a total return basis including dividends, the return in positive; without the dividend, it looks negative. So you have to hold this a long time to ride out the fluctuations as you collect the dividends.

DON'T BUY

Earnings were underwhelming. A more expensive stock in the insurance space. Insurance companies are set up to continue to outperform the banks. Everyone's looking for yield. Look to MFC as #1 in the space.

BUY
GWO vs. POW vs. IGM

His best guess is that GWO might be the best performer of the 3. Not particularly liquid, but shouldn't be an issue for the retail investor. Insurance companies tend to do well in a rising rate environment, because it tends to discount their liabilities to a degree.

BUY

A strong company for a long time. He'd stick with it.

HOLD

It has done extremely well and has good client retention.

BUY

Decent valuation at 6.5x PE, very good yield of about 5.17%. Dividend yield remains stable and sustainable, growing about 3-4%. Higher interest rates are benefitting. Low beta, about 90% of the TSX. 

DON'T BUY
GWO vs. AGF.B

His preference is for quality. He likes POW, which owns GWO, for dividend growth and share buybacks. AGF.B might have higher return potential because it's smaller with more volatility, but POW will give him a higher Sharpe ratio over the long term because it's not as volatile. 

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Great West Lifeco(GWO-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 5

Stockchase rating for Great West Lifeco is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Great West Lifeco(GWO-T) Frequently Asked Questions

What is Great West Lifeco stock symbol?

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

Is Great West Lifeco a buy or a sell?

In the last year, 5 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.

Is Great West Lifeco a good investment or a top pick?

Great West Lifeco was recommended as a Top Pick by on . Read the latest stock experts ratings for Great West Lifeco.

Why is Great West Lifeco stock dropping?

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.

Is Great West Lifeco worth watching?

5 stock analysts on Stockchase covered Great West Lifeco In the last year. It is a trending stock that is worth watching.

What is Great West Lifeco stock price?

On 2025-03-28, Great West Lifeco (GWO-T) stock closed at a price of $55.26.