E-L Financial (TSE:ELF) Reaches New 52-Week High at $1,115.00

E-L Financial Co. Limited (TSE:ELF) shares reached a new 52-week high on Wednesday . The company traded as high as C$1,115.00 and last traded at C$1,115.00, with a volume of 304 shares trading hands. The stock had previously closed at C$1,108.00.

E-L Financial Price Performance

The company has a debt-to-equity ratio of 8.88, a quick ratio of 2.70 and a current ratio of 2.13. The business’s fifty day simple moving average is C$1,074.57 and its 200 day simple moving average is C$1,023.85. The stock has a market cap of C$3.88 billion, a price-to-earnings ratio of 4.52 and a beta of 0.84.

E-L Financial (TSE:ELF) last issued its quarterly earnings data on Friday, March 8th. The insurance provider reported C$132.30 earnings per share 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. Research analysts predict that E-L Financial Co. Limited will post 0.25 EPS for the current fiscal year.

E-L Financial Cuts Dividend

The business also recently disclosed a None dividend, which will be paid on Friday, June 14th. Shareholders of record on Tuesday, May 14th will be paid a dividend of $60.00 per share. The ex-dividend date of this dividend is Monday, May 13th. E-L Financial’s dividend payout ratio (DPR) is 6.12%.

E-L Financial Company Profile

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.