Cormark Increases Earnings Estimates for Intact Financial

Intact Financial Co. (TSE:IFC) – Equities research analysts at Cormark lifted their FY2025 earnings per share (EPS) estimates for Intact Financial in a research note issued on Wednesday, February 12th. Cormark analyst L. Persaud now anticipates that the company will post earnings of $16.55 per share for the year, up from their prior estimate of $16.37. The consensus estimate for Intact Financial’s current full-year earnings is $16.17 per share. Cormark also issued estimates for Intact Financial’s FY2026 earnings at $17.61 EPS.

Several other research firms also recently weighed in on IFC. Raymond James increased their price objective on Intact Financial from C$290.00 to C$302.00 and gave the company an “outperform” rating in a report on Thursday. Jefferies Financial Group increased their price target on shares of Intact Financial from C$284.00 to C$301.00 in a research note on Thursday. Desjardins raised their price objective on shares of Intact Financial from C$295.00 to C$315.00 and gave the stock a “buy” rating in a research report on Thursday. CIBC upped their target price on shares of Intact Financial from C$280.00 to C$290.00 and gave the company a “neutral” rating in a report on Thursday. Finally, TD Securities raised their price target on Intact Financial from C$300.00 to C$324.00 and gave the stock a “buy” rating in a report on Wednesday. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Intact Financial presently has a consensus rating of “Moderate Buy” and a consensus target price of C$292.90.

Intact Financial Stock Down 1.1 %

TSE:IFC opened at C$287.10 on Friday. The company has a market capitalization of C$51.07 billion, a PE ratio of 22.23, a P/E/G ratio of 2.01 and a beta of 0.57. Intact Financial has a 52-week low of C$213.11 and a 52-week high of C$294.35. The stock’s 50 day moving average price is C$262.47 and its 200 day moving average price is C$260.27.

Insiders Place Their Bets

In other news, Senior Officer Benoit Morissette sold 6,000 shares of the stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of C$287.12, for a total value of C$1,722,738.00. Also, Senior Officer Frédéric Cotnoir sold 450 shares of the business’s stock in a transaction dated 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 90 days, insiders have sold 14,300 shares of company stock worth $3,957,892. Company insiders own 0.24% of the company’s stock.

Intact Financial Company Profile

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.