Intact Financial Co. (TSE:IFC - Free Report) - Desjardins issued their FY2026 earnings per share (EPS) estimates for Intact Financial in a research note issued on Tuesday, October 22nd. Desjardins analyst D. Young anticipates that the company will earn $17.15 per share for the year. Desjardins has a "Buy" rating and a $255.00 price objective on the stock. The consensus estimate for Intact Financial's current full-year earnings is $16.17 per share.
Intact Financial (TSE:IFC - Get Free Report) last issued its quarterly earnings data on Tuesday, July 30th. The company reported C$4.86 earnings per share for the quarter, beating analysts' consensus estimates of C$3.61 by C$1.25. The company had revenue of C$7.07 billion for the quarter, compared to the consensus estimate of C$7.64 billion. Intact Financial had a return on equity of 12.93% and a net margin of 7.14%.
Several other equities research analysts also recently weighed in on IFC. Cormark raised their target price on shares of Intact Financial from C$250.00 to C$260.00 and gave the company a "buy" rating in a research note on Thursday, August 1st. Jefferies Financial Group lowered their price objective on Intact Financial from C$264.00 to C$262.00 and set a "hold" rating for the company in a research report on Thursday, August 22nd. BMO Capital Markets upped their target price on Intact Financial from C$250.00 to C$275.00 in a research report on Thursday, August 1st. CIBC raised their price target on Intact Financial from C$250.00 to C$270.00 and gave the stock an "outperform" rating in a report on Thursday, August 1st. Finally, National Bankshares boosted their price target on Intact Financial from C$260.00 to C$265.00 and gave the stock an "outperform" rating in a research note on Monday, July 29th. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of C$265.00.
Get Our Latest Stock Report on IFC
Intact Financial Stock Up 1.0 %
Shares of TSE:IFC traded up C$2.74 during trading on Thursday, reaching C$267.44. The stock had a trading volume of 470,039 shares, compared to its average volume of 287,755. The firm's 50-day simple moving average is C$256.89 and its 200 day simple moving average is C$239.95. The company has a current ratio of 0.36, a quick ratio of 0.28 and a debt-to-equity ratio of 31.26. Intact Financial has a one year low of C$188.27 and a one year high of C$271.81. The company has a market capitalization of C$47.70 billion, a P/E ratio of 23.54, a PEG ratio of 2.01 and a beta of 0.57.
Intact Financial Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were issued a $1.21 dividend. This represents a $4.84 annualized dividend and a yield of 1.81%. The ex-dividend date was Friday, September 13th. Intact Financial's payout ratio is 42.61%.
Insiders Place Their Bets
In related news, Senior Officer Darren Christopher Godfrey sold 2,000 shares of the business's stock in a transaction on Monday, September 16th. The shares were sold at an average price of C$255.00, for a total value of C$510,000.00. 0.24% of the stock is owned by insiders.
About Intact Financial
(
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Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, and internationally. The company offers insurance, such as personal auto which provides coverage from accidents, third party liability, and physical damage; personal property which provides protection for homes and contents from risks, including fire, theft, vandalism, water damages, other damages, and personal liability; and commercial line and specialty line insurance which provides commercial auto, property, and liability coverages.
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