Rank E-L Financial Preferreds

This compare tool allows you to Rank E-L Financial Preferreds, based on the latest stock information available. Our goal is to provide you with the information and metrics related to the E-L Financial preferreds. Your goal is to establish which preferred will provide you the best returns. If you are buying today, these tools will expedite and aid the selection process. Given all the data available here, an informed decision is within reach.

In a market with low volumes you can use this information to identify mispriced shares. Since all preferreds belong to the same issuer, the risk is the same for all of them.

E-L Financial Brief Overview

Visit the E-L Financial company website to see the preferred share prospectus, news and other information.

Sector: Investment and insurance holding company.
Core businesses and operations:

  1. Two operating segments, E-L Corporate and Empire Life Insurance Company .
  2. oversight of investments in global equities held through direct and indirect holdings of common shares, investment funds, closed-end investment companies and other private companies. E-L Financial holds a 52.2% interest in a closed-end investment corporation, United Corporations Limited
  3. has two significant investments in associates including a 36.8% interest in Algoma Central Corporation and a 24.0% interest in Economic Investment Trust Limited.
  4. The Empire Life operating segment underwrites life and health insurance policies and provides segregated funds, mutual funds and annuity products.
No DBRS Rating for this corporation.

The latest information and statistics on their common stock ELF, can be easily accessed using websites like TMX Money.

Next Dividend Pay Date: 2025Jan17. Dividend Payment Schedule: 2025JAN17 , 2025APR17 , 2025JUL17 , 2025OCT17

Next Ex-Dividend Date: 2024DEC28. Ex Dividend Date Schedule: 2024DEC28 , 2024MAR28 , 2024JUN27 , 2024SEP27

 

E-L Financial Preferred share Credit Ratings

The latest preferred share credit ratings for E-L Financial are listed in the table below. For additional information on credit rating agencies and codes see our article Credit Rating Symbols.

A.M. Best FITCH S&P DBRS S&P Global Moody's
NR

E-L Financial Common Share Metrics

Symbol: ELFCurrency: CADMarket Cap: $5,192,583,000Price: $1,500.00
P/E: 4.60P/B: 0.60Dividend: $1.250Yield: 0.33%
Beta: 0.5600

E-L Financial Overall Preferred Share Metrics

I have reviewed the full set of E-L Financial preferreds. Based on my review the following data points may be of interest to current and potential investors in the securities of "E-L Financial". In other words, this is what I think is worth highlighting in this set of preferred shares. In addition it provides a quick overview of the detailed information presented furher down this page.


# of Preferred issues: 3Lowest Current Yield: ELF-G @ 6.09%Highest Current Yield: ELF-F @ 6.18%Average Current Yield: 6.13%
Lowest Rate Change Percent: ELF-H @ 11.00%Highest Rate Change Percent: ELF-G @ 27.00%Average Rate Change Percent: 18.00%
Market Cap at Market Value: 254,040,000Market Cap at Face Value: 300,000,000Discount Amount: 45,960,000Discount Percent: 15.32%
Percent of Total Market Cap at Market Value: 0.48%Percent of Total Market Cap at Face Value: 0.47%



 
 

Rank E-L Financial Preferreds - Compare Tool.

If you need more information on how to use the metrics below, watch our video Introduction to Compare Tools or see our post how to pick the best preferred share of a company

NOTE: Dividend dates are not fixed. The dates shown here are estimated and most likely a few days off. Do not make trades based on these dates. Always check with the issuer for the correct dates.


The following metrics are now only available on the premium version of this tool:


  1. Reset Date.
  2. Reset (Yield | Dividend). Represents the yield and dividend for the current issue after the upcoming reset. For this calculation it’s assumed the key rates are going to be the same as todays published rates. The reset yield is the sum of the key rate for the base term (5YR, 3Month, etc) plus the published spread. Since we do not know what the key rate will be at the time of the reset we assume its going to be the same as today. The ability to use a different set of rates during this caclulation is planned for a future release.
  3. Blended (Yield | Dividend).
  4. Rate Change Percent.
  5. Rate Change To Value.
  6. New Spread Change. It shows the effect or the current price on the issue spread of the preferred. It shows the percent increase/decrease of the new spread
  7. New Spread Value.
  8. Short Position.
  9. Additional Features.
  10. Years To Double Initial Investment. How many years will it take for the initial investment to double.
  11. Outstanding float.
  12. Market Cap In Bilions.
  13. Common Stock P/E Ratio.
  14. Common Stock P/B Ratio.
  15. Common Stock Yield.
(EST: UTC-05:00)Last Updated: Market Data 2024-Nov-08 16:46, Model Metrics 2024-Nov-09 16:33
SymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield Dividend)Name
ELF-F ELF.PR.F CA26857Q3098 $21.50$22.80$18.65PERPETUAL @ 5.32%06.18% $1.3300E-L_Financial_Corp._5.30%,_Series_1
ELF-G ELF.PR.G CA26857Q4088 $19.55$20.59$16.50PERPETUAL @ 4.76%06.09% $1.1900E-L_Financial_Corp._4.75%,_Series_2
ELF-H ELF.PR.H CA26857Q5077 $22.46$23.50$19.23PERPETUAL @ 5.52%06.14% $1.3800E-L_Financial_Corp._5.50%,_Series_3
 
 

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A limited number of rows is included with the full metrics. This is a sample only. See link at footer for information on subscription to the premium version


(EST: UTC-05:00)Last Updated: Market Data 2024-Nov-08 16:46, Model Metrics 2024-Nov-09 16:33
SymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield Dividend)
Reset (Yield Dividend)yield and dividend for the current issue after the upcoming reset
Blended (Yield Dividend)follow link passed the end of the table to see definition
Yield To CallReset Date Y/M/DPay Div DateEx Div DateRate Change percentRate Change to valueNew Spread valueShort PositionAdditional FeaturesConverts ToYears To Double Initial InvestmentOutstanding FloatName
ELF-F ELF.PR.F CA26857Q3098 $21.50$22.80$18.65PERPETUAL @ 5.32%06.18% $1.3300N/A06.18% $1.330010.74%perpetual2025-01-172024-12-28016%6.19%N/A10,315 Non-Cumulative11.554,000,000E-L_Financial_Corp._5.30%,_Series_1
ELF-G ELF.PR.G CA26857Q4088 $19.55$20.59$16.50PERPETUAL @ 4.76%06.09% $1.1900N/A06.09% $1.190013.50%perpetual2025-01-172024-12-28027%6.09%N/A7,672 Non-Cumulative11.724,000,000E-L_Financial_Corp._4.75%,_Series_2
Rank E-L Financial Preferreds - www.canadianpreferredshares.ca

Additional Information

Continue to Rank E-L Financial Preferreds – Page 2 of 3 where you can find:

  1. What if “Yield Scenarios” for E-L Financial 5 year resets.
  2. Graph of all E-L Financial preferred share yields
  3. Prospectus Information for each E-L Financial preferred