Shares of E-L Financial Corp Ltd (TSE:ELF) fell 0.9% during mid-day trading on Wednesday . The stock traded as low as C$753.09 and last traded at C$753.09, 100 shares traded hands during trading. A decline of 85% from the average session volume of 683 shares. The stock had previously closed at C$760.00.
The stock has a 50-day moving average of C$763.18. The company has a debt-to-equity ratio of 7.06, a current ratio of 0.49 and a quick ratio of 0.48. The company has a market cap of $3.05 billion and a PE ratio of 11.57.
E-L Financial (TSE:ELF) last issued its quarterly earnings data on Monday, May 13th. The insurance provider reported C$71.45 earnings per share (EPS) for the quarter. The company had revenue of C$1.16 billion for the quarter. Research analysts predict that E-L Financial Corp Ltd will post 0.25 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 17th. Stockholders of record on Wednesday, July 17th will be given a $1.25 dividend. The ex-dividend date of this dividend is Thursday, June 27th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 0.66%. E-L Financial’s payout ratio is 7.68%.
In other E-L Financial news, Director Duncan Newton Rowell Jackman purchased 100 shares of the company’s stock in a transaction dated Monday, June 24th. The stock was bought at an average cost of C$750.00 per share, for a total transaction of C$75,000.00. Following the completion of the transaction, the director now owns 4,126 shares in the company, valued at C$3,094,500.
E-L Financial Company Profile (TSE:ELF)
E-L Financial Corporation Limited operates as an investment and insurance holding company in Canada. It operates through two segments, E-L Corporate and Empire Life. The company owns investments in equities and fixed income securities directly and indirectly through common shares, investment funds, closed-end investment companies, and a limited partnership and other private companies.