Definity Financial (TSE:DFY – Get Free Report) will announce its earnings results after the market closes on Thursday, August 1st. Analysts expect the company to announce earnings of C$0.66 per share for the quarter.
Definity Financial (TSE:DFY – Get Free Report) last posted its quarterly earnings data on Thursday, May 9th. The company reported C$0.65 earnings per share for the quarter, missing the consensus estimate of C$0.72 by C($0.07). The firm had revenue of C$991.90 million during the quarter, compared to analyst estimates of C$1 billion. Definity Financial had a net margin of 8.94% and a return on equity of 12.27%.
Definity Financial Price Performance
DFY stock opened at C$48.02 on Friday. The company has a market capitalization of C$5.53 billion and a P/E ratio of 15.85. Definity Financial has a twelve month low of C$32.09 and a twelve month high of C$48.36. The business has a 50 day simple moving average of C$44.40 and a 200-day simple moving average of C$43.44. The company has a current ratio of 5.47, a quick ratio of 0.31 and a debt-to-equity ratio of 8.20.
Definity Financial Dividend Announcement
Analysts Set New Price Targets
Several equities research analysts recently weighed in on DFY shares. Jefferies Financial Group decreased their price target on Definity Financial from C$44.00 to C$43.00 and set a “hold” rating for the company in a report on Monday, May 13th. Raymond James increased their price target on Definity Financial from C$46.00 to C$52.50 and gave the stock an “outperform” rating in a report on Monday, May 13th. BMO Capital Markets increased their price target on Definity Financial from C$44.00 to C$48.00 and gave the stock a “market perform” rating in a report on Monday, May 13th. National Bankshares increased their price target on Definity Financial from C$59.00 to C$60.00 and gave the stock an “outperform” rating in a report on Tuesday, April 30th. Finally, Desjardins increased their price target on Definity Financial from C$45.00 to C$47.00 and gave the stock a “hold” rating in a report on Tuesday. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, Definity Financial currently has a consensus rating of “Moderate Buy” and an average price target of C$50.05.
Get Our Latest Analysis on Definity Financial
About Definity Financial
Definity Financial Corporation, together with its subsidiaries, offers property and casualty insurance products in Canada. It provides personal insurance products, including auto, property, general and umbrella liability, and pet insurance products to individuals under the Economical, Sonnet, Family, Petsecure, and Peppermint brands; and commercial insurance products, which include fleet, commercial auto, property, liability, and specialty insurance products to businesses under the Definity Insurance and Economical brand name.
Featured Articles
- Five stocks we like better than Definity Financial
- Stock Sentiment Analysis: How it Works
- Why Call Options Volume for These 2 Stocks Spiked Together
- Why Invest in 5G? How to Invest in 5G Stocks
- MarketBeat Week in Review – 7/22 – 7/26
- Election Stocks: How Elections Affect the Stock Market
- 3M Surprises and Rebound Accelerates: It Isn’t Too Late To Get In
Receive News & Ratings for Definity Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Definity Financial and related companies with MarketBeat.com's FREE daily email newsletter.