Desjardins Analysts Increase Earnings Estimates for TSE:IFC

Intact Financial Co. (TSE:IFC) – Equities research analysts at Desjardins increased their FY2025 earnings per share (EPS) estimates for shares of Intact Financial in a research report issued on Wednesday, November 6th. Desjardins analyst D. Young now forecasts that the company will post earnings of $16.15 per share for the year, up from their previous forecast 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 have also issued reports about the stock. CIBC lifted their target price on shares of Intact Financial from C$250.00 to C$270.00 and gave the company an “outperform” rating in a report on Thursday, August 1st. BMO Capital Markets lifted their price objective on shares of Intact Financial from C$275.00 to C$290.00 in a report on Thursday. Scotiabank increased their target price on shares of Intact Financial from C$281.00 to C$283.00 in a research note on Thursday. TD Securities lifted their price target on Intact Financial from C$293.00 to C$300.00 in a research note on Wednesday. Finally, National Bankshares increased their price target on Intact Financial from C$294.00 to C$296.00 in a research report on Wednesday. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$274.90.

Intact Financial Stock Down 0.4 %

Shares of IFC stock opened at C$263.97 on Friday. The company has a current ratio of 0.36, a quick ratio of 0.28 and a debt-to-equity ratio of 31.26. Intact Financial has a twelve month low of C$197.82 and a twelve month high of C$273.05. The stock has a 50 day moving average of C$259.90 and a 200 day moving average of C$243.33. The stock has a market cap of C$47.08 billion, a P/E ratio of 23.24, a P/E/G ratio of 2.01 and a beta of 0.57.

Insider Activity

In other Intact Financial news, Senior Officer Darren Christopher Godfrey sold 2,000 shares of Intact Financial stock in a transaction on Monday, September 16th. The shares were sold at an average price of C$255.00, for a total transaction of C$510,000.00. Company insiders own 0.24% of the company’s stock.

Intact Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be issued a dividend of $1.21 per share. The ex-dividend date 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 currently 42.61%.

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.