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E-L Financial ( (TSE:ELF) ) has shared an update.
E-L Financial Corporation Limited reported a decrease in net equity value per common share to $2,216.91 as of March 31, 2025, marking a 5.1% decline from December 2024 but a 4.4% increase from March 2024. The company’s consolidated net income for the first quarter of 2025 was $86 million, a significant drop from $547 million in the same period in 2024, primarily due to a net loss on investments within E-L Corporate. However, Empire Life, the insurance subsidiary, saw improved performance with a net income of $70 million, driven by favorable interest rate changes and improved insurance service results.
Spark’s Take on TSE:ELF Stock
According to Spark, TipRanks’ AI Analyst, TSE:ELF is a Outperform.
E-L Financial’s strong financial performance, characterized by robust revenue growth and profitability, is the primary driver of the stock’s overall score. Despite some concerns over cash flow management, the company maintains a solid balance sheet with low leverage. The technical indicators reflect mixed signals, suggesting caution, while the low P/E ratio indicates attractive valuation potential. The absence of earnings call details and corporate events does not detract from the favorable elements influencing the stock score.
To see Spark’s full report on TSE:ELF stock, click here.
More about E-L Financial
E-L Financial operates as an investment and insurance holding company, distinguishing its operations between E-L Corporate and Empire Life. E-L Corporate focuses on investments in stocks and fixed income securities, aiming for long-term capital appreciation and income. Empire Life, a subsidiary, provides individual and group life and health insurance, investment, and retirement products to Canadians, emphasizing simplicity and ease in financial services.
Average Trading Volume: 778
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$4.79B
Find detailed analytics on ELF stock on TipRanks’ Stock Analysis page.