Great West Lifeco

GWO-T

TSE:GWO

24.03
0.22 (0.92%)
Great-West Lifeco is an insurance centered financial holding company that operates in North America, Europe and Asia through 5 wholly owned, regionally focused subsidiaries.
More at Wikipedia

Analysis and Opinions about GWO-T

Signal
Opinion
Expert
WAIT
WAIT
June 12, 2020

GWO vs MFC vs SLF? In general, he thinks all insurance companies are safe here. They don't have the threat of rising loan losses, like the banks do. They trade cheaper than the banks. Capital ratios are solid. They are finding ways to deal with low interest rates. GWO has a good job. MFC is very cheap, compared to its peers. SLF has been the steady eddy of the group. He likes them all. He would buy now, but you might be able to purchase them cheaper in the next couple of months.

Show full opinionHide full opinion

GWO vs MFC vs SLF? In general, he thinks all insurance companies are safe here. They don't have the threat of rising loan losses, like the banks do. They trade cheaper than the banks. Capital ratios are solid. They are finding ways to deal with low interest rates. GWO has a good job. MFC is very cheap, compared to its peers. SLF has been the steady eddy of the group. He likes them all. He would buy now, but you might be able to purchase them cheaper in the next couple of months.

DON'T BUY
DON'T BUY
May 8, 2020
Very cheap? This is not the right environment for insurance companies. You have to think if interest rates are going to remain low going forward, it will be difficult for them to make consistent profits. He would look elsewhere. He would rather play in US markets with US dollars instead. Yield 8%
Show full opinionHide full opinion
Very cheap? This is not the right environment for insurance companies. You have to think if interest rates are going to remain low going forward, it will be difficult for them to make consistent profits. He would look elsewhere. He would rather play in US markets with US dollars instead. Yield 8%
BUY
BUY
October 1, 2019
Likes it a lot and recommended it a few weeks ago as yields have been bottoming and flattening out. Yields will rise long-term, he predict, which will benefit lifecos like this. GWO broke its downtrend at end-2018, rose, hit a second bottom (a double-bottom) and is now accelerating higher.
Show full opinionHide full opinion
Likes it a lot and recommended it a few weeks ago as yields have been bottoming and flattening out. Yields will rise long-term, he predict, which will benefit lifecos like this. GWO broke its downtrend at end-2018, rose, hit a second bottom (a double-bottom) and is now accelerating higher.
BUY
BUY
September 20, 2019
The Canadian insurance sector generally trades cheap, and the balance sheets look great. Insurance companies are cheaper and are capitalized cheaper than banks. GWO would be a fine name if there is no recession. Even with a recession, you have 5% dividends to weather the storm.
Show full opinionHide full opinion
Great West Lifeco (GWO-T)
September 20, 2019
The Canadian insurance sector generally trades cheap, and the balance sheets look great. Insurance companies are cheaper and are capitalized cheaper than banks. GWO would be a fine name if there is no recession. Even with a recession, you have 5% dividends to weather the storm.
DON'T BUY
DON'T BUY
August 12, 2019
There is value in it at $10 to $15 dollars. Insurance companies in a negative interest rate environment are tragic. This sector is a 'Hard Avoid' until the dust settles.
Show full opinionHide full opinion
There is value in it at $10 to $15 dollars. Insurance companies in a negative interest rate environment are tragic. This sector is a 'Hard Avoid' until the dust settles.
DON'T BUY
DON'T BUY
April 8, 2019
If you look at '07/08 you will get something similar in the next recession. With low interest rates they will not do well. This one has not grown for years nor made money for anyone.
Show full opinionHide full opinion
If you look at '07/08 you will get something similar in the next recession. With low interest rates they will not do well. This one has not grown for years nor made money for anyone.
COMMENT
COMMENT
December 21, 2018
General opinion of the sector The insurance group had run up earlier in the year as longer term interest rates were expected to rise. However, as short term rates have risen faster this has taken the wind out of the sails. There is still more upside in rates and with yields of 5%, it is a good long term holding. The MFC-T lawsuit over long term contracts will create uncertainty.
Show full opinionHide full opinion
Great West Lifeco (GWO-T)
December 21, 2018
General opinion of the sector The insurance group had run up earlier in the year as longer term interest rates were expected to rise. However, as short term rates have risen faster this has taken the wind out of the sails. There is still more upside in rates and with yields of 5%, it is a good long term holding. The MFC-T lawsuit over long term contracts will create uncertainty.
TOP PICK
TOP PICK
November 28, 2018
As rates rise, lifecos do well. GWL is now a value pick with low volatility. He likes its middling price momentum and solid 21% ROE. 1.4x price to book (vs. historic 2x), and trades at 7x earnings. Pays 5% yield and deecnt payout ratio. But they need to show they can redeploy capital into growth--they got the balance sheet to do that. (Analysts’ price target is $34.50)
Show full opinionHide full opinion
Great West Lifeco (GWO-T)
November 28, 2018
As rates rise, lifecos do well. GWL is now a value pick with low volatility. He likes its middling price momentum and solid 21% ROE. 1.4x price to book (vs. historic 2x), and trades at 7x earnings. Pays 5% yield and deecnt payout ratio. But they need to show they can redeploy capital into growth--they got the balance sheet to do that. (Analysts’ price target is $34.50)
COMMENT
COMMENT
November 13, 2018

All lifecos have underperformed. GWL has great assets in Canada, but Putnam Investments in the U.S. has been a drag on them. That said, lifecos are steady and will benefit from rising interest rates. She prefers others in this space.

Show full opinionHide full opinion
Great West Lifeco (GWO-T)
November 13, 2018

All lifecos have underperformed. GWL has great assets in Canada, but Putnam Investments in the U.S. has been a drag on them. That said, lifecos are steady and will benefit from rising interest rates. She prefers others in this space.

WAIT
WAIT
August 9, 2018

He owns Prudential instead. Should be a terrific time to own an insurer, but it’s not. Flattening yield curve is hurting them. Would wait to see movement in the long rates before buying. US should kick rates higher, which should help. Own the banks, which automatically benefit from growth.

Show full opinionHide full opinion

He owns Prudential instead. Should be a terrific time to own an insurer, but it’s not. Flattening yield curve is hurting them. Would wait to see movement in the long rates before buying. US should kick rates higher, which should help. Own the banks, which automatically benefit from growth.

BUY WEAKNESS
BUY WEAKNESS
June 6, 2018

A sideways pattern where you buy around $32 and sell near $37.

Show full opinionHide full opinion

A sideways pattern where you buy around $32 and sell near $37.

DON'T BUY
DON'T BUY
May 17, 2018

You expect all lifecos to do well on a rising interest rate environment. It is surprising that we haven’t had the big trade on the lifecos. He will gravitate toward banks more than lifecos now. He feels uncomfortable with the group at the moment.

Show full opinionHide full opinion

You expect all lifecos to do well on a rising interest rate environment. It is surprising that we haven’t had the big trade on the lifecos. He will gravitate toward banks more than lifecos now. He feels uncomfortable with the group at the moment.

BUY
BUY
March 29, 2018

At these levels he is predisposed towards lifecos. They underperformed the market, but things are setting up better for them with rising interest rates. He prefers Manulife Financial Corporation (MFC-T) but both are good long-term investments.

Show full opinionHide full opinion

At these levels he is predisposed towards lifecos. They underperformed the market, but things are setting up better for them with rising interest rates. He prefers Manulife Financial Corporation (MFC-T) but both are good long-term investments.

WEAK BUY
WEAK BUY
February 7, 2018

This is a good space. High dividends. Growth. Positive demographics. Doesn't know GWF as well as Sunlife or Manulife, but should get moderate to strong returns.

Show full opinionHide full opinion
Great West Lifeco (GWO-T)
February 7, 2018

This is a good space. High dividends. Growth. Positive demographics. Doesn't know GWF as well as Sunlife or Manulife, but should get moderate to strong returns.

DON'T BUY
DON'T BUY
November 21, 2017

Having a multiyear low in long-term interest rates last June, this is likely to creep higher for many years. Looking at insurance companies, rising rates are good for them. Being in a pretty good equity market, equity returns help the insurance industry. It’s a group he is quite interested in, and they could do well for many years. If he had to pick a Canadian insurer, he would probably pick Manulife (MFC-T) as the leader in the group. Technically it is acting the best and has a great global footprint with great growth in Asia. We are in a bull market, so you don’t want to buy a company that is not going up yet.

Show full opinionHide full opinion
Great West Lifeco (GWO-T)
November 21, 2017

Having a multiyear low in long-term interest rates last June, this is likely to creep higher for many years. Looking at insurance companies, rising rates are good for them. Being in a pretty good equity market, equity returns help the insurance industry. It’s a group he is quite interested in, and they could do well for many years. If he had to pick a Canadian insurer, he would probably pick Manulife (MFC-T) as the leader in the group. Technically it is acting the best and has a great global footprint with great growth in Asia. We are in a bull market, so you don’t want to buy a company that is not going up yet.

COMMENT
COMMENT
November 13, 2017

The most conservative of the 3 lifecos in Canada. A lot of their business is more utilitarian, and they don’t take some of the risks the others do. As a result, they perform better across negative markets, but the leveraged companies have been doing better. They bought Putnam Funds in Boston, and have had difficulty getting that turned around. With Power Financial (PWF-T) you get this company at a discount of about 17%. He would use Power Financial instead.

Show full opinionHide full opinion
Great West Lifeco (GWO-T)
November 13, 2017

The most conservative of the 3 lifecos in Canada. A lot of their business is more utilitarian, and they don’t take some of the risks the others do. As a result, they perform better across negative markets, but the leveraged companies have been doing better. They bought Putnam Funds in Boston, and have had difficulty getting that turned around. With Power Financial (PWF-T) you get this company at a discount of about 17%. He would use Power Financial instead.

BUY WEAKNESS
BUY WEAKNESS
May 8, 2017

GWO-T vs. MFC-T. MFC-T has the advantage of being a very diversified company, globally. They have done well from that diversification. He tends to prefer it to GWO-T, although he might use its weakness to buy.

Show full opinionHide full opinion

GWO-T vs. MFC-T. MFC-T has the advantage of being a very diversified company, globally. They have done well from that diversification. He tends to prefer it to GWO-T, although he might use its weakness to buy.

COMMENT
COMMENT
April 28, 2017

This has always been one of the most profitable of the large life insurers. If you think we are going into a rising interest rate environment, the insurers are the ones who can benefit greatly. He would prefer owning Power Financial (PWF-T) over this because of its diversification, but also increases in dividends.

Show full opinionHide full opinion

This has always been one of the most profitable of the large life insurers. If you think we are going into a rising interest rate environment, the insurers are the ones who can benefit greatly. He would prefer owning Power Financial (PWF-T) over this because of its diversification, but also increases in dividends.

COMMENT
COMMENT
December 13, 2016

Great West Life (GWO-T), Sun Life (SLF-T) or Manulife (MFC-T)? He has quite a bit of exposure to life insurance right now through Manulife and Sun Life, and they both look very attractive. Interest rates are likely going to work their way slowly higher over the next several years.

Show full opinionHide full opinion
Great West Lifeco (GWO-T)
December 13, 2016

Great West Life (GWO-T), Sun Life (SLF-T) or Manulife (MFC-T)? He has quite a bit of exposure to life insurance right now through Manulife and Sun Life, and they both look very attractive. Interest rates are likely going to work their way slowly higher over the next several years.

COMMENT
COMMENT
December 12, 2016

Great West Life (GWO-T), Sun Life (SLF-T) or Manulife (MFC-T)? This depends on quality and size, but if you are thinking of just keeping it very safe, Manulife and Sun Life would be the 2 he would zoom in on.

Show full opinionHide full opinion
Great West Lifeco (GWO-T)
December 12, 2016

Great West Life (GWO-T), Sun Life (SLF-T) or Manulife (MFC-T)? This depends on quality and size, but if you are thinking of just keeping it very safe, Manulife and Sun Life would be the 2 he would zoom in on.

COMMENT
COMMENT
August 16, 2016

Great West Life (GWO-T), Sun Life (SLF-T) or Manulife (MFC-T)? As a group, the insurance companies have not done very well. Of these 3, Sun Life has relatively performed the best. A lot of the difficulties they have experienced has been a function of what has happened with energy, as they all have some energy exposure. Also low interest rates are generally negative for lifecos.

Show full opinionHide full opinion

Great West Life (GWO-T), Sun Life (SLF-T) or Manulife (MFC-T)? As a group, the insurance companies have not done very well. Of these 3, Sun Life has relatively performed the best. A lot of the difficulties they have experienced has been a function of what has happened with energy, as they all have some energy exposure. Also low interest rates are generally negative for lifecos.

PAST TOP PICK
PAST TOP PICK
August 11, 2016

(Top Pick Aug 20/15, Down 4.27%) The stock has balanced the stock’s valuation losses with its income. This is a sector that needs interest rates to go up and after that there is nothing more to be said. They will soften otherwise.

Show full opinionHide full opinion

(Top Pick Aug 20/15, Down 4.27%) The stock has balanced the stock’s valuation losses with its income. This is a sector that needs interest rates to go up and after that there is nothing more to be said. They will soften otherwise.

HOLD
HOLD
August 8, 2016

A world-class insurance company with great assets, suffering from high interest rates. This is financially bulletproof and your dividend is secure.

Show full opinionHide full opinion

A world-class insurance company with great assets, suffering from high interest rates. This is financially bulletproof and your dividend is secure.

COMMENT
COMMENT
August 4, 2016

Not an expensive stock from a valuation perspective. It survived the 2008 downturn, and has done a better job than some other insurers. However, this is going to have a difficult time going much higher. 4.1% dividend yield.

Show full opinionHide full opinion

Not an expensive stock from a valuation perspective. It survived the 2008 downturn, and has done a better job than some other insurers. However, this is going to have a difficult time going much higher. 4.1% dividend yield.

COMMENT
COMMENT
July 18, 2016

Negative interest rates leaking into North America will hurt insurance companies more than anyone else. Best case scenario you are in a range. You could add at the low end of the range, but negative interest rates leaking in from Europe are a big risk.

Show full opinionHide full opinion

Negative interest rates leaking into North America will hurt insurance companies more than anyone else. Best case scenario you are in a range. You could add at the low end of the range, but negative interest rates leaking in from Europe are a big risk.

DON'T BUY
DON'T BUY
June 2, 2016

A well-managed insurance company, and has always had a relatively high ROE, but generally speaking it has been one of the lifecos where you have had to pay up for that return on equity. This is selling at 1.8X Book, compared to Manulife (MFC-T) at 1X Book and Sun Life (SLF-T) at 1.5X. He feels you are paying too much for this additional ROE.

Show full opinionHide full opinion

A well-managed insurance company, and has always had a relatively high ROE, but generally speaking it has been one of the lifecos where you have had to pay up for that return on equity. This is selling at 1.8X Book, compared to Manulife (MFC-T) at 1X Book and Sun Life (SLF-T) at 1.5X. He feels you are paying too much for this additional ROE.

HOLD
HOLD
February 18, 2016

A Fixed Perpetual Preferred. In this environment, you are probably all right with something like this. It’s an awfully good coupon. The Rate Reset has problems with being reset potentially lower. As an equity, it is kind of middle of the pack of the insurance companies in Canada. Not bad, but it struggles because of some of its assets mainly.

Show full opinionHide full opinion
Great West Lifeco (GWO-T)
February 18, 2016

A Fixed Perpetual Preferred. In this environment, you are probably all right with something like this. It’s an awfully good coupon. The Rate Reset has problems with being reset potentially lower. As an equity, it is kind of middle of the pack of the insurance companies in Canada. Not bad, but it struggles because of some of its assets mainly.

DON'T BUY
DON'T BUY
January 11, 2016

It is a strong brand. He prefers SLF-T and MFC-T, although owns neither. They take in premiums and invest them in fixed income. It is difficult for them to see a reasonable return on their cash. There are easier ways to make money in the market. He prefers Canadian Banks.

Show full opinionHide full opinion
Great West Lifeco (GWO-T)
January 11, 2016

It is a strong brand. He prefers SLF-T and MFC-T, although owns neither. They take in premiums and invest them in fixed income. It is difficult for them to see a reasonable return on their cash. There are easier ways to make money in the market. He prefers Canadian Banks.

COMMENT
COMMENT
November 24, 2015

Great West Life (GWO-T), Manulife (MFC-T) or Sun Life (SLF-T) for the best upside? That’s a tough question, because he likes all 3. Insurance companies will do well in the economy he sees going forward. Lifecos have a little bit more torque on the upside with rising interest rates. Right now Manulife would be his favourite.

Show full opinionHide full opinion
Great West Lifeco (GWO-T)
November 24, 2015

Great West Life (GWO-T), Manulife (MFC-T) or Sun Life (SLF-T) for the best upside? That’s a tough question, because he likes all 3. Insurance companies will do well in the economy he sees going forward. Lifecos have a little bit more torque on the upside with rising interest rates. Right now Manulife would be his favourite.

PAST TOP PICK
PAST TOP PICK
October 20, 2015

(A Top Pick Sept 23/14. Up 6.37%.) If interest rates go up, he expects the stock to do even better. Still likes the stock as it is cheap.

Show full opinionHide full opinion
Great West Lifeco (GWO-T)
October 20, 2015

(A Top Pick Sept 23/14. Up 6.37%.) If interest rates go up, he expects the stock to do even better. Still likes the stock as it is cheap.

Showing 1 to 30 of 328 entries

Great West Lifeco(GWO-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 4

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, 4 stock analysts published opinions about GWO-T. 2 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is WAIT. 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 Greg Newman on 2020-06-12. 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?

4 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 2020-07-06, Great West Lifeco (GWO-T) stock closed at a price of $24.03.