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Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

Labrador Iron Ore Royalty is a materials stock that has erratic earnings and dividends due to the volatile price of iron ore. However, it occasionally pays a special dividend and currently offers a 5.6% dividend yield. The stock has been showing a descending triangle pattern, but could potentially benefit if money rotates out of high-flying tech stocks. Overall, experts have mixed opinions on its performance and potential breakout.

Consensus
Mixed
Valuation
Fair Value
BUY

Owns this personally. Earnings and dividends are erratic, depending on the volatile price of iron ore. But once in a while they pay an amazing, special dividend. Pays a 5.6% dividend.

Financial Services
COMMENT

He likes materials now and this is a materials stock. It's coming off its support level and has made a descending triangle (lower peaks in the past 2 years, but the low has been steady). This could, maybe, breakout. Looks okay. Could benefit if money rotates out of high-flying tech.

Financial Services
BUY ON WEAKNESS

Unsure on direction share price (short term).
Good company for the long term investor.
At current price is a bit expensive.
Weakening pricing hard for business model (cyclical business).
Hard to predict short term prospects.

Financial Services
Unspecified
It is an interesting company which typically has a great yield. However its capital fluctuates based on the underlying commodity. Don't buy it if you don't like volatility.
Financial Services
WATCH
Model price of $60.72, 116% upside. Lots of questions here, such as what's going on in China and macro factors. Lots of value, but not big value. He'd be cautious.
Financial Services
BUY
Can be extremely volatile. Dividend depends on iron ore market and can fluctuate wildly. A good company to own, tuck it away, don't look at it, and collect the dividends. Over time, he's earned as much in dividends as he has in capital gains and losses in the stock. Tremendous company.
Financial Services
BUY ON WEAKNESS
Dividend fluctuates dramatically year to year. If you hold it for the longer term, it works out to a good rate of return. Iron ore can have pretty wide swings, and going into a recession will probably be under significant pressure.
Financial Services
COMMENT
Dividend safe? Dividend fluctuates. They take a royalty, so if the price of iron fluctuates, the dividend will fluctuate too. Look first at China, as it's the biggest consumer of iron ore by a mile. No operating risk, but susceptible to downturns in the price.
Financial Services
PARTIAL BUY
Did well earlier this year in the base metals rally, but inflation and the Russian invasion hit and wider market sentiment has since plunged. Long-term, LIF is great, though. Their royalty structure creates nice cash flow, and it pays a variable dividend that should remain reasonably high. Shares have fallen a lot, so you can start looking into an entry point.
Financial Services
Unspecified
There is a risk in buying this for income since the dividend is lofty, though a small cut still yields good income. Some analysts are cutting targets but it is attractive at this price. Has a good profile.
Financial Services
WAIT
High dividend yield. Iron ore prices were over $200/tonne, but now they're $100, still extremely high. Steel looks particularly weak. Even in a recession, we won't go back to $50, but the yield should normalize closer to 7%. Wait and see, start to dabble in Q4.
Financial Services
BUY ON WEAKNESS
Royalty on each shipment, not mining themselves. Good way to play the sector. Good yield. Entry point is important. If you own it, hold. They pay out to shareholders what they receive. High yield could be a warning, but this company trades solidly between $20 and $40. Yield is 13%.
Financial Services
HOLD
Easy money has been made. Remains a good play on economic recovery, good dividend. He no longer owns it personally, but owns it indirectly through the royalties of ALS.
Financial Services
RISKY
Be careful. Yield of 13% was what they paid out last year. Variable dividend policy. Not participating in the commodities rally. Economically sensitive. If you're trying to play the last 20% of the rally, decent entry point. Too volatile for him.
Financial Services
SELL
At all-time highs. Model price of $69, but it's a cyclical. EPS of $3.92, but payout of $3.25. Balance sheet not growing. If earnings dip, you'll have a negative rate of return.
Financial Services
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Labrador Iron Ore Royalty(LIF-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for Labrador Iron Ore Royalty 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.

Labrador Iron Ore Royalty(LIF-T) Frequently Asked Questions

What is Labrador Iron Ore Royalty stock symbol?

Labrador Iron Ore Royalty is a Canadian stock, trading under the symbol LIF-T on the Toronto Stock Exchange (LIF-CT). It is usually referred to as TSX:LIF or LIF-T

Is Labrador Iron Ore Royalty a buy or a sell?

In the last year, 2 stock analysts published opinions about LIF-T. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Labrador Iron Ore Royalty.

Is Labrador Iron Ore Royalty a good investment or a top pick?

Labrador Iron Ore Royalty was recommended as a Top Pick by on . Read the latest stock experts ratings for Labrador Iron Ore Royalty.

Why is Labrador Iron Ore Royalty 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 Labrador Iron Ore Royalty worth watching?

2 stock analysts on Stockchase covered Labrador Iron Ore Royalty In the last year. It is a trending stock that is worth watching.

What is Labrador Iron Ore Royalty stock price?

On 2024-02-23, Labrador Iron Ore Royalty (LIF-T) stock closed at a price of $30.44.