E-L Financial (TSE:ELF) Reaches New 12-Month High at $1,088.99

E-L Financial Co. Limited (TSE:ELF) shares hit a new 52-week high during trading on Thursday . The company traded as high as C$1,088.99 and last traded at C$1,088.99, with a volume of 123 shares traded. The stock had previously closed at C$1,070.00.

E-L Financial Stock Performance

The company has a debt-to-equity ratio of 8.88, a current ratio of 2.13 and a quick ratio of 2.70. The business has a 50-day simple moving average of C$1,036.63 and a 200 day simple moving average of C$983.38. The firm has a market cap of C$3.77 billion, a PE ratio of 4.36 and a beta of 0.83.

E-L Financial (TSE:ELF) last released its earnings results on Friday, March 8th. The insurance provider reported C$132.30 earnings per share (EPS) for the quarter. E-L Financial had a return on equity of 13.99% and a net margin of 34.70%. The firm had revenue of C$335.00 million during the quarter. Equities research analysts forecast that E-L Financial Co. Limited will post 0.25 EPS for the current year.

E-L Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 17th. Shareholders of record on Thursday, March 28th will be issued a dividend of $3.75 per share. This represents a $15.00 annualized dividend and a yield of 1.38%. The ex-dividend date is Wednesday, March 27th. E-L Financial’s dividend payout ratio is presently 6.12%.

About E-L Financial

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, pooled funds, limited partnerships, and other private and investment companies.