E-L Financial (TSE:ELF) Insider Purchases C$20,352.00 in Stock

E-L Financial Co. Limited (TSE:ELF) insider E-L Financial Corporation Limited purchased 1,200 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was acquired at an average cost of C$16.96 per share, with a total value of C$20,352.00. Following the purchase, the insider owned 143,800 shares of the company’s stock, valued at approximately C$2,438,848. This represents a 0.84% increase in their position.

E-L Financial Corporation Limited also recently made the following trade(s):

• On Wednesday, May 27th, E-L Financial Corporation Limited acquired 6,400 shares of E-L Financial stock. The stock was purchased at an average price of C$17.11 per share, with a total value of C$109,504.00.
• On Friday, May 29th, E-L Financial Corporation Limited acquired 5,700 shares of E-L Financial stock. The stock was purchased at an average price of C$17.02 per share, with a total value of C$97,014.00.

E-L Financial Stock Up 1.4%

Shares of E-L Financial stock opened at C$17.20 on Friday. The firm has a market cap of C$5.95 billion, a price-to-earnings ratio of 5.23 and a beta of 1.37. The business has a fifty day simple moving average of C$16.84 and a 200-day simple moving average of C$16.84. E-L Financial Co. Limited has a fifty-two week low of C$14.31 and a fifty-two week high of C$18.97.

E-L Financial (TSE:ELF) last announced its earnings results on Thursday, May 14th. The insurance provider reported C$0.09 EPS for the quarter. E-L Financial had a return on equity of 13.53% and a net margin of 53.61%.The business had revenue of C$436.86 million during the quarter. Analysts anticipate that E-L Financial Co. Limited will post 0.25 earnings per share for the current fiscal year.

E-L Financial Company Profile

E-L Financial Corp Ltd operates as an investment and insurance holding company. The firm organizes itself into two segments namely E-L Corporate and Empire Life. The Empire Life operating segment underwrites life and health insurance policies and provides segregated funds, mutual funds, and annuity products whereas, the E-L Corporate segment operations include the oversight of investments in global equities held through holdings of common shares, investment funds, closed-end investment companies, and other private companies.