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TSE:IFC

Intact Financial (IFC) Stock Price, News & Analysis

C$250.64
-1.86 (-0.74%)
(As of 09/6/2024 ET)
Today's Range
C$249.92
C$254.41
50-Day Range
C$228.01
C$256.02
52-Week Range
C$188.22
C$263.74
Volume
188,725 shs
Average Volume
285,333 shs
Market Capitalization
C$44.70 billion
P/E Ratio
22.08
Dividend Yield
1.93%
Price Target
C$264.40

Intact Financial MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
5.5% Upside
C$264.40 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.66mentions of Intact Financial in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
C$4.51 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.05 out of 5 stars

IFC stock logo

About Intact Financial Stock (TSE:IFC)

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. It also provides pet and business insurance, as well as provides risk management solutions. The company serves its products to accident and health, technology, ocean and inland marine, builder's risk, and entertainment, as well as financial services and institutions; and various products to specialty property, surety, tuition reimbursement, management liability, and cyber and environmental institutions. It offers specialty insurance products including travel insurance, brokers, direct to consumer, agencies, wholesalers, affinity group, Intact Prestige, and managing general agent platform. The company was formerly known as ING Canada Inc. and changed its name to Intact Financial Corporation in 2009. Intact Financial Corporation was founded in 1809 and is based in Toronto, Canada.

IFC Stock Price History

IFC Stock News Headlines

What is Nvidia’s New $1 Trillion SuperProject?
Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …
Intact Financial (TSE:IFC) PT Lowered to C$262.00
Intact Financial Corporation (IFTPF)
What is Nvidia’s New $1 Trillion SuperProject?
Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …
Intact Financial Stock Is Rising, But Is it Still a Buy?
Intact Financial Corp Pref (IFC_pf)
See More Headlines
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Company Calendar

Ex-Dividend for 6/28 Dividend
6/14/2024
Dividend Payable
6/28/2024
Last Earnings
7/30/2024
Today
9/07/2024
Ex-Dividend for 9/27 Dividend
9/13/2024
Dividend Payable
9/27/2024
Next Earnings (Estimated)
11/05/2024

Industry, Sector and Symbol

Industry
Insurance - Property & Casualty
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
30,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$264.40
High Stock Price Target
C$282.00
Low Stock Price Target
C$243.00
Potential Upside/Downside
+5.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
10 Analysts

Profitability

Net Income
C$2.02 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$29.55 billion
Cash Flow
C$20.90 per share
Book Value
C$89.67 per share

Miscellaneous

Free Float
N/A
Market Cap
C$44.70 billion
Optionable
Not Optionable
Beta
0.57
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Key Executives

  • Mr. Charles Joseph Gaston Brindamour B.Sc. (Age 54)
    CEO & Director
    Comp: $4.23M
  • Mr. Louis Marcotte (Age 59)
    Executive VP & CFO
    Comp: $1.53M
  • Dr. Louis Gagnon MBA
    Chief Executive Officer of Canada
  • Mr. Timothy Michael Miller (Age 65)
    Chief Executive Officer of Global Specialty Lines
    Comp: $2.83M
  • Mr. Kenneth Norgrove (Age 55)
    Chief Executive Officer of U.K.&I
    Comp: $2.22M
  • Mr. Patrick Barbeau
    Executive VP & COO
  • Mr. Shubha Rahman Khan
    Vice President of Investor Relations
  • Mr. Frederic Cotnoir
    Executive VP, Chief Legal Officer & Secretary
  • Ms. Imen Zitouni
    Senior VP & Chief Marketing Officer
  • Ms. Carla Smith
    Executive VP and Chief People, Strategy & Climate Officer

Should I Buy Intact Financial Stock? IFC Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Intact Financial Co.:

  • Intact Financial Corporation provides property and casualty insurance products to individuals and businesses in multiple countries, offering a diverse revenue stream.
  • The company's personal auto insurance coverage is a popular product, providing essential protection for individuals.
  • Intact Financial Co. has a strong track record of financial stability and consistent growth, which can provide confidence to investors.
  • Recent developments in the company's offerings have shown innovation and adaptability to changing market conditions.
  • With the current stock price of Intact Financial Co. showing positive momentum, investors may see potential for capital appreciation.

Cons

Investors should be bearish about investing in Intact Financial Co. for these reasons:

  • While the company has a diverse revenue stream, it also exposes itself to risks in multiple markets, which can impact overall performance.
  • Intact Financial Co.'s personal auto insurance product, while popular, may face increased competition and regulatory challenges in the future.
  • Investors should consider the potential impact of external factors, such as economic downturns or natural disasters, on the company's financial performance.
  • Despite the company's track record of stability, past performance is not indicative of future results, and investors should assess current market conditions carefully.
  • Changes in the insurance industry landscape, including technological advancements and shifting consumer preferences, may pose challenges for Intact Financial Co.'s growth prospects.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, August 20, 2024. Please send any questions or comments about these Intact Financial pros and cons to contact@marketbeat.com.

IFC Stock Analysis - Frequently Asked Questions

How have IFC shares performed this year?

Intact Financial's stock was trading at C$203.86 at the beginning of 2024. Since then, IFC shares have increased by 22.9% and is now trading at C$250.64.
View the best growth stocks for 2024 here
.

How were Intact Financial's earnings last quarter?

Intact Financial Co. (TSE:IFC) posted its earnings results on Tuesday, July, 30th. The company reported $4.86 EPS for the quarter, beating the consensus estimate of $3.61 by $1.25. The business earned $7.07 billion during the quarter, compared to analyst estimates of $7.64 billion. Intact Financial had a net margin of 7.14% and a trailing twelve-month return on equity of 12.93%.

How do I buy shares of Intact Financial?

Shares of IFC 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.

What other stocks do shareholders of Intact Financial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Intact Financial investors own include Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Wheaton Precious Metals (WPM) and Rogers Communications (RCI).

This page (TSE:IFC) was last updated on 9/7/2024 by MarketBeat.com Staff

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