TSE:DFY Definity Financial (DFY) Stock Price, News & Analysis C$52.25 +2.41 (+4.84%) (As of 09/20/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlines Get Definity Financial alerts: Email Address About Definity Financial Stock (TSE:DFY) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Definity Financial alerts:Sign Up Key Stats Today's RangeC$49.93▼C$52.2650-Day RangeC$45.35▼C$52.2552-Week RangeC$35.48▼C$52.26Volume742,154 shsAverage Volume101,227 shsMarket CapitalizationC$6.00 billionP/E Ratio15.79Dividend Yield1.22%Price TargetC$53.10Consensus RatingHold Company OverviewDefinity Financial Corporation, together with its subsidiaries, offers property and casualty insurance products in Canada. It provides personal insurance products, including auto, property, general and umbrella liability, and pet insurance products to individuals under the Economical, Sonnet, Family, Petsecure, and Peppermint brands; and commercial insurance products, which include fleet, commercial auto, property, liability, and specialty insurance products to businesses under the Definity Insurance and Economical brand name. The company distributes its products on a primarily intermediated basis, and through brokers, as well as directly to customers. It markets its commercial insurance products to small businesses and mid-market companies, as well as various targeted segments. The company was formerly known as Economical Holdings Corporation and changed its name to Definity Financial Corporation in August 2021. Definity Financial Corporation was founded in 1871 and is headquartered in Waterloo, Canada.Read More… How the US Will Win the Great Lithium Race (Ad)China spent $60B+ on lithium infrastructure in the past decade. It possesses 7.9% of the world’s supply, but it processes 70-80%. Now the US is coming over the top by investing $700B+ into domestic supply with the IRA and Bi-partisan Infrastructure Bill.Join GM as an early investor in this company by October 3. Definity Financial Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 28th PercentileDefinity Financial scored higher than 28% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.2 / 5Analyst RatingHold Consensus RatingDefinity Financial has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 4 buy ratings, 6 hold ratings, and no sell ratings.Amount of Analyst CoverageDefinity Financial has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Definity Financial's stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of Definity Financial is 15.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.19.Price to Earnings Ratio vs. SectorThe P/E ratio of Definity Financial is 15.79, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 421.02.Price to Earnings Growth RatioDefinity Financial has a PEG Ratio of 2.63. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioDefinity Financial has a P/B Ratio of 2.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Definity Financial's valuation and earnings. Short InterestN/AShort Interest LevelN/A Short InterestThere is no current short interest data available for DFY. Dividend1.7 / 5Dividend StrengthWeak Dividend YieldDefinity Financial pays a meaningful dividend of 1.31%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthDefinity Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Definity Financial is 19.34%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Definity Financial's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Short InterestThere is no current short interest data available for DFY. News and Social Media0.0 / 5News Sentiment0.00 News Coverage This WeekMarketBeat has tracked 5 news articles for Definity Financial this week, compared to 1 article on an average week. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Definity Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.50% of the stock of Definity Financial is held by insiders.Percentage Held by Institutions60.94% of the stock of Definity Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Definity Financial's insider trading history. Receive DFY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Definity Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address DFY Stock News HeadlinesDefinity Financial (TSE:DFY) Price Target Raised to C$53.00September 20 at 2:21 PM | americanbankingnews.comDefinity Chief Executive Officer Rowan Saunders to Participate in Fireside Chat at 23rd Annual CIBC Eastern Institutional Investor ConferenceSeptember 20 at 8:50 AM | finance.yahoo.com Is Starlink Set For The Largest IPO In History?He turned PayPal from a tiny, off-the-radar startup… to a massive $64 billion giant. Then, he did it again with Tesla… which is up more than 19,500% since 2010. For perspective, that turns $100 invested into almost $20,000!September 20, 2024 | Paradigm Press (Ad)Definity raises $4.5M as it looks to transform data application observabilityAugust 14, 2024 | yahoo.comDEFINITY WELCOMES SONIA BAXENDALE TO ITS BOARD OF DIRECTORSAugust 1, 2024 | finance.yahoo.comWe Ran A Stock Scan For Earnings Growth And Definity Financial (TSE:DFY) Passed With EaseJuly 26, 2024 | finance.yahoo.comDEFINITY FINANCIAL CORPORATION ANNOUNCES ITS 2024 ANNUAL MEETING RESULTSMay 17, 2024 | finance.yahoo.comDefinity Financial Corporation releases 2023 Environmental, Social, and Governance (ESG) report and Public Accountability StatementMay 13, 2024 | finance.yahoo.comSee More Headlines DFY Stock Analysis - Frequently Asked Questions How have DFY shares performed this year? Definity Financial's stock was trading at C$37.54 at the beginning of 2024. Since then, DFY shares have increased by 39.2% and is now trading at C$52.25. View the best growth stocks for 2024 here. How were Definity Financial's earnings last quarter? Definity Financial Co. (TSE:DFY) announced its quarterly earnings results on Thursday, August, 1st. The company reported $0.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.66 by $0.28. The firm earned $1.05 billion during the quarter, compared to analysts' expectations of $1.07 billion. Definity Financial had a net margin of 9.60% and a trailing twelve-month return on equity of 13.00%. How do I buy shares of Definity Financial? Shares of DFY stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. Company Calendar Ex-Dividend for 6/27 Dividend6/13/2024Dividend Payable6/27/2024Last Earnings8/01/2024Ex-Dividend for 9/27 Dividend9/13/2024Today9/20/2024Dividend Payable9/27/2024Next Earnings (Confirmed)11/07/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorFinancial Services Industry Insurance - Property & Casualty Sub-IndustryN/A Current SymbolTSE:DFY CUSIPN/A CIKN/A Webwww.definityfc.com Phone519-570-8200FaxN/AEmployees3,442Year FoundedN/APrice Target and Rating Average Stock Price TargetC$52.60 High Stock Price TargetC$62.00 Low Stock Price TargetC$43.00 Potential Upside/Downside+3.2%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)C$3.31 Trailing P/E Ratio15.40 Forward P/E Ratio16.24 P/E Growth2.63Net IncomeC$386.60 million Net Margins9.60% Pretax MarginN/A Return on Equity13.00% Return on Assets4.81% Debt Debt-to-Equity Ratio6.38 Current Ratio7.68 Quick Ratio0.31 Sales & Book Value Annual SalesC$4.03 billion Price / Sales1.45 Cash FlowC$4.14 per share Price / Cash Flow12.31 Book ValueC$26.17 per share Price / Book1.95Miscellaneous Outstanding Shares114,890,000Free FloatN/AMarket CapC$5.86 billion OptionableNot Optionable Beta0.01 Reduce the RiskMarket downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.Get This Free Report This page (TSE:DFY) was last updated on 9/20/2024 by MarketBeat.com Staff From Our PartnersHow the US Will Win the Great Lithium RaceChina spent $60B+ on lithium infrastructure in the past decade. It possesses 7.9% of the world’s supply, but i...DealMaker | SponsoredTrump’s “Tax Free” Retirement StrategySince 1924 — over one hundred years — the US dollar has lost nearly 18x its value. If you're planning on re...Gold Safe Exchange | SponsoredThe election trade you can't losePolitics is an unpredictable game. But no matter what happens in the next few months... 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