iA Financial Co. Inc. to Post FY2025 Earnings of $11.40 Per Share, Desjardins Forecasts (TSE:IAG)

iA Financial Co. Inc. (TSE:IAG) – Desjardins boosted their FY2025 earnings per share estimates for iA Financial in a report released on Wednesday, October 9th. Desjardins analyst D. Young now forecasts that the company will post earnings per share of $11.40 for the year, up from their previous estimate of $11.30. The consensus estimate for iA Financial’s current full-year earnings is $11.62 per share. Desjardins also issued estimates for iA Financial’s FY2026 earnings at $12.30 EPS.

IAG has been the subject of several other research reports. Scotiabank increased their price target on iA Financial from C$100.00 to C$110.00 in a research note on Thursday, August 8th. CIBC raised their price target on shares of iA Financial from C$100.00 to C$106.00 in a report on Thursday, August 8th. Royal Bank of Canada increased their price objective on shares of iA Financial from C$102.00 to C$105.00 and gave the stock a “moderate buy” rating in a research report on Thursday, August 8th. TD Securities lifted their target price on shares of iA Financial from C$110.00 to C$114.00 and gave the stock a “buy” rating in a research note on Wednesday, August 7th. Finally, BMO Capital Markets upped their price target on shares of iA Financial from C$102.00 to C$111.00 in a research report on Thursday, August 8th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, iA Financial currently has an average rating of “Moderate Buy” and a consensus target price of C$105.25.

iA Financial Stock Performance

Shares of iA Financial stock opened at C$117.37 on Friday. The stock has a market cap of C$11.17 billion, a price-to-earnings ratio of 15.71, a P/E/G ratio of 1.26 and a beta of 1.13. The company has a quick ratio of 0.17, a current ratio of 2.22 and a debt-to-equity ratio of 46.39. iA Financial has a twelve month low of C$77.61 and a twelve month high of C$117.61. The company’s fifty day moving average is C$103.69 and its 200 day moving average is C$92.64.

iA Financial (TSE:IAG) last posted its earnings results on Tuesday, August 6th. The company reported C$2.75 earnings per share for the quarter, topping analysts’ consensus estimates of C$2.58 by C$0.17. The firm had revenue of C$1.64 billion for the quarter. iA Financial had a net margin of 9.02% and a return on equity of 10.51%.

iA Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Friday, August 23rd were paid a $0.82 dividend. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $3.28 annualized dividend and a dividend yield of 2.79%. iA Financial’s dividend payout ratio is presently 43.91%.

iA Financial Company Profile

iA Financial Corporation Inc, provides insurance and wealth management services in Canada and the United States. The company operates through Insurance, Canada; Wealth Management; Investment; and US Operations segments. The company provides health, auto, home, and creditor insurance products; replacement insurance products and warranties; extended warranties and other ancillary products for dealer services; specialized products for special markets; and life insurance products and extended warranties relating to dealer services.