Analysts Set Expectations for TSE:IFC FY2025 Earnings

Intact Financial Co. (TSE:IFC) – Investment analysts at National Bank Financial boosted their FY2025 earnings estimates for shares of Intact Financial in a research report issued to clients and investors on Sunday, February 2nd. National Bank Financial analyst J. Gloyn now forecasts that the company will post earnings of $16.09 per share for the year, up from their previous forecast of $15.44. The consensus estimate for Intact Financial’s current full-year earnings is $16.17 per share.

Several other research analysts also recently issued reports on IFC. TD Securities upped their price target on shares of Intact Financial from C$293.00 to C$300.00 in a research report on Wednesday, November 6th. BMO Capital Markets upped their price target on shares of Intact Financial from C$275.00 to C$290.00 in a research report on Thursday, November 7th. Scotiabank upped their price target on shares of Intact Financial from C$281.00 to C$283.00 in a research report on Thursday, November 7th. Raymond James upped their price target on shares of Intact Financial from C$264.00 to C$290.00 in a research report on Wednesday, November 6th. Finally, Cibc World Mkts downgraded shares of Intact Financial from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 29th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$274.90.

Intact Financial Stock Down 0.3 %

IFC opened at C$261.57 on Wednesday. The firm’s 50-day simple moving average is C$261.47 and its 200-day simple moving average is C$258.59. The company has a debt-to-equity ratio of 31.26, a quick ratio of 0.28 and a current ratio of 0.36. Intact Financial has a twelve month low of C$206.57 and a twelve month high of C$275.84. The firm has a market cap of C$46.65 billion, a price-to-earnings ratio of 23.03, a PEG ratio of 2.01 and a beta of 0.57.

Intact Financial (TSE:IFC) last posted its earnings results on Tuesday, November 5th. The company reported C$1.01 earnings per share for the quarter, topping the consensus estimate 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 period last year, the business posted $2.10 EPS.

Insider Activity at Intact Financial

In other news, Senior Officer Charles Brindamour sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of C$268.50, for a total transaction of C$1,611,000.00. Also, Senior Officer Darren Christopher Godfrey sold 1,850 shares of the firm’s stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of C$272.50, for a total transaction of C$504,125.00. Insiders have sold 8,865 shares of company stock worth $2,385,573 in the last ninety days. Company insiders own 0.24% of the company’s stock.

About Intact Financial

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.