Intact Financial Co. (TSE:IFC - Free Report) - Equities research analysts at National Bank Financial raised their FY2025 earnings estimates for shares of Intact Financial in a report issued on Sunday, February 2nd. National Bank Financial analyst J. Gloyn now anticipates that the company will post earnings per share of $16.09 for the year, up from their prior estimate of $15.44. The consensus estimate for Intact Financial's current full-year earnings is $16.17 per share.
Intact Financial (TSE:IFC - Get Free Report) last posted its quarterly earnings data on Tuesday, November 5th. The company reported C$1.01 earnings per share for the quarter, topping analysts' consensus estimates of C$0.29 by C$0.72. Intact Financial had a net margin of 7.14% and a return on equity of 12.93%. During the same quarter in the previous year, the company posted $2.10 earnings per share.
IFC has been the subject of several other research reports. TD Securities raised their price target on shares of Intact Financial from C$293.00 to C$300.00 in a research report on Wednesday, November 6th. Raymond James raised their price target on shares of Intact Financial from C$264.00 to C$290.00 in a research report on Wednesday, November 6th. BMO Capital Markets lifted their price objective on shares of Intact Financial from C$275.00 to C$290.00 in a research report on Thursday, November 7th. Cibc World Mkts cut shares of Intact Financial from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 29th. Finally, Scotiabank lifted their price objective on shares of Intact Financial from C$281.00 to C$283.00 in a research report on Thursday, November 7th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of C$274.90.
View Our Latest Analysis on Intact Financial
Intact Financial Stock Performance
Shares of IFC stock opened at C$261.57 on Wednesday. The company has a quick ratio of 0.28, a current ratio of 0.36 and a debt-to-equity ratio of 31.26. Intact Financial has a 52 week low of C$206.57 and a 52 week high of C$275.84. The stock has a market capitalization of C$46.65 billion, a PE ratio of 23.03, a P/E/G ratio of 2.01 and a beta of 0.57. The firm has a 50 day moving average of C$261.47 and a two-hundred day moving average of C$258.59.
Insider Activity at Intact Financial
In other news, Senior Officer Marie-Lucie Paradis sold 565 shares of Intact Financial stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of C$266.23, for a total value of C$150,419.95. Also, Senior Officer Frédéric Cotnoir sold 450 shares of Intact Financial stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of C$266.73, for a total transaction of C$120,028.50. In the last three months, insiders sold 8,865 shares of company stock valued at $2,385,573. Corporate insiders own 0.24% of the company's stock.
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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