Desjardins Has Bearish Estimate for TSE:DFY FY2025 Earnings

Definity Financial Co. (TSE:DFY - Free Report) - Equities research analysts at Desjardins cut their FY2025 earnings per share (EPS) estimates for Definity Financial in a note issued to investors on Wednesday, April 23rd. Desjardins analyst D. Young now anticipates that the company will earn $3.08 per share for the year, down from their previous estimate of $3.15. Desjardins currently has a "Hold" rating and a $67.00 price objective on the stock. The consensus estimate for Definity Financial's current full-year earnings is $3.13 per share.

Other equities analysts have also recently issued research reports about the company. TD Securities lifted their price target on Definity Financial from C$60.00 to C$71.00 and gave the stock a "hold" rating in a research note on Friday, February 14th. CIBC boosted their price target on shares of Definity Financial from C$66.00 to C$70.00 in a report on Friday. UBS Group upped their price target on shares of Definity Financial from C$58.00 to C$63.00 in a research report on Tuesday, February 18th. Scotiabank boosted their target price on shares of Definity Financial from C$61.00 to C$62.00 and gave the company a "sector perform" rating in a research note on Thursday. Finally, Jefferies Financial Group decreased their target price on Definity Financial from C$62.00 to C$58.00 in a research report on Monday, April 21st. Nine research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of C$62.45.

Definity Financial Stock Down 1.2 %

Shares of TSE DFY opened at C$65.83 on Monday. The stock's fifty day simple moving average is C$61.88 and its 200 day simple moving average is C$58.82. The stock has a market capitalization of C$7.59 billion, a price-to-earnings ratio of 13.94, a PEG ratio of 2.63 and a beta of 0.04. Definity Financial has a 52-week low of C$41.97 and a 52-week high of C$66.93.

About Definity Financial

Definity Financial Corp is a multi-channel, property, and casualty insurance company. It offers auto, property, liability, and pet insurance products to individual customers.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.