Desjardins Forecasts Stronger Earnings for Intact Financial

Intact Financial Co. (TSE:IFC) – Investment analysts at Desjardins raised their FY2025 EPS estimates for Intact Financial in a report issued on Wednesday, November 6th. Desjardins analyst D. Young now forecasts that the company will post earnings per share of $16.15 for the year, up from their prior estimate of $16.00. Desjardins currently has a “Buy” rating and a $255.00 target price on the stock. The consensus estimate for Intact Financial’s current full-year earnings is $16.17 per share. Desjardins also issued estimates for Intact Financial’s FY2026 earnings at $17.20 EPS.

Other equities analysts also recently issued research reports about the company. National Bankshares increased their price target on Intact Financial from C$294.00 to C$296.00 in a research report on Wednesday. TD Securities increased their price objective on shares of Intact Financial from C$293.00 to C$300.00 in a research note on Wednesday. Jefferies Financial Group cut their price target on Intact Financial from C$264.00 to C$262.00 and set a “hold” rating on the stock in a report on Thursday, August 22nd. Scotiabank upped their price objective on Intact Financial from C$281.00 to C$283.00 in a research note on Thursday. Finally, BMO Capital Markets raised their price objective on Intact Financial from C$275.00 to C$290.00 in a research report on Thursday. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, Intact Financial has a consensus rating of “Moderate Buy” and an average price target of C$274.90.

Intact Financial Trading Down 0.4 %

IFC opened at C$263.97 on Friday. The company has a quick ratio of 0.28, a current ratio of 0.36 and a debt-to-equity ratio of 31.26. The stock’s fifty day moving average is C$259.90 and its two-hundred day moving average is C$243.33. The company has a market capitalization of C$47.08 billion, a P/E ratio of 23.24, a PEG ratio of 2.01 and a beta of 0.57. Intact Financial has a 52 week low of C$197.82 and a 52 week high of C$273.05.

Insider Activity

In related news, Senior Officer Kenneth Anderson sold 2,000 shares of Intact Financial stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of C$253.88, for a total value of C$507,759.00. Corporate insiders own 0.24% of the company’s stock.

Intact Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be paid a dividend of $1.21 per share. The ex-dividend date of this dividend is Monday, December 16th. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.83%. Intact Financial’s payout ratio is 42.61%.

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.