Sagicor Financial (TSE:SFC) Hits New 1-Year High – Here’s What Happened

Sagicor Financial Company Ltd. (TSE:SFC)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as C$9.50 and last traded at C$9.43, with a volume of 33077 shares traded. The stock had previously closed at C$9.37.

Analyst Ratings Changes

Separately, National Bankshares set a C$11.00 price objective on Sagicor Financial and gave the stock an “outperform” rating in a report on Monday, October 20th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of C$10.50.

Sagicor Financial Stock Performance

The stock has a market cap of C$1.28 billion, a PE ratio of 9.94 and a beta of -0.01. The firm’s 50-day moving average is C$8.40 and its 200 day moving average is C$8.27.

Sagicor Financial (TSE:SFC) last posted its quarterly earnings data on Thursday, November 13th. The company reported C$0.26 EPS for the quarter. Sagicor Financial had a net margin of 22.28% and a return on equity of 56.05%. The company had revenue of C$506.28 million for the quarter. On average, sell-side analysts predict that Sagicor Financial Company Ltd. will post 0.9578783 EPS for the current fiscal year.

Sagicor Financial Company Profile

Sagicor Financial Company Ltd. is a leading financial services provider with over 180 years of history in the Caribbean, over 90 years of history in Canada, and a growing presence in the United States with over 70 years of history. Sagicor offers a wide range of products and services, including life, health, and general insurance, banking, pensions, annuities, investment management, and real estate. Sagicor operates through the following four segments: Sagicor Canada, Sagicor Life USA, Sagicor Jamaica, and Sagicor Life.