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TSE:IFC

Intact Financial (IFC) Stock Price, News & Analysis

C$267.81
+2.70 (+1.02%)
(As of 10/17/2024 ET)

About Intact Financial Stock (TSE:IFC)

Key Stats

Today's Range
C$265.11
C$268.50
50-Day Range
C$245.92
C$267.81
52-Week Range
C$188.27
C$268.50
Volume
246,709 shs
Average Volume
287,561 shs
Market Capitalization
C$47.77 billion
P/E Ratio
23.60
Dividend Yield
1.81%
Price Target
C$263.90
Consensus Rating
Moderate Buy

Company Overview

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.

Intact Financial Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
40th Percentile Overall Score

IFC MarketRank™: 

Intact Financial scored higher than 40% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Intact Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Intact Financial has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Intact Financial's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Intact Financial is 23.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.47.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Intact Financial is 23.60, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 399.79.

  • Price to Earnings Growth Ratio

    Intact Financial has a PEG Ratio of 2.01. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Intact Financial has a P/B Ratio of 2.99. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Intact Financial's valuation and earnings.
  • Short Interest

    There is no current short interest data available for IFC.
  • Dividend Yield

    Intact Financial pays a meaningful dividend of 1.84%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Intact Financial does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Intact Financial is 42.64%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Intact Financial's dividend.
  • Short Interest

    There is no current short interest data available for IFC.
  • News Sentiment

    Intact Financial has a news sentiment score of -0.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Financial Services companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Intact Financial this week, compared to 2 articles on an average week.
  • Search Interest

    Only 2 people have searched for IFC on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Intact Financial to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Intact Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$1,017,759.00 in company stock.

  • Percentage Held by Insiders

    Only 0.24% of the stock of Intact Financial is held by insiders.

  • Percentage Held by Institutions

    53.69% of the stock of Intact Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Intact Financial's insider trading history.
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IFC Stock News Headlines

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Intact Financial (TSE:IFC) Price Target Cut to C$264.00
See More Headlines

IFC Stock Analysis - Frequently Asked Questions

Intact Financial's stock was trading at C$203.86 at the beginning of 2024. Since then, IFC shares have increased by 31.4% and is now trading at C$267.81.
View the best growth stocks for 2024 here
.

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

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.

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), Wheaton Precious Metals (WPM), Vermilion Energy (VET) and Rogers Communications (RCI).

Company Calendar

Last Earnings
7/30/2024
Ex-Dividend for 9/27 Dividend
9/13/2024
Dividend Payable
9/27/2024
Today
10/17/2024
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$263.90
High Stock Price Target
C$282.00
Low Stock Price Target
C$243.00
Potential Upside/Downside
-1.5%
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$22.34 per share
Book Value
C$89.67 per share

Miscellaneous

Free Float
N/A
Market Cap
C$47.77 billion
Optionable
Not Optionable
Beta
0.57
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This page (TSE:IFC) was last updated on 10/18/2024 by MarketBeat.com Staff
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