- Great-West Lifeco’s third quarter base return on equity was 16.4%, which was lower than the estimated 16.8%.
- The company had assets under administration worth C$2.63 trillion.
- Total assets under management amounted to C$1.03 trillion.
- The company’s stock currently has 0 buys, 8 holds, and 1 sell rating.
- A call is scheduled for 10:30 a.m. Toronto time on November 9.
A look at Great-West Lifeco Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Great-West Lifeco Inc. is a financial services holding company that serves the financial security needs of people in Canada and the United States. According to Smartkarma Smart Scores, Great-West Lifeco has an overall long-term outlook of 4. The company scores a 3 for Value, Dividend and Resilience, a 4 for Growth, and a 5 for Momentum.
This indicates that while Great-West Lifeco may not be the most attractive investment in terms of value or dividends, the company is expected to have steady growth and strong momentum. This could be a great opportunity for investors looking for a reliable and secure long-term investment.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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