Analysts Set Expectations for TSE:DFY FY2026 Earnings

Definity Financial Co. (TSE:DFY) – Investment analysts at Desjardins issued their FY2026 earnings estimates for shares of Definity Financial in a research report issued to clients and investors on Tuesday, October 22nd. Desjardins analyst D. Young expects that the company will post earnings of $3.35 per share for the year. Desjardins currently has a “Hold” rating and a $52.00 target price on the stock. The consensus estimate for Definity Financial’s current full-year earnings is $3.13 per share.

A number of other brokerages also recently issued reports on DFY. Cormark raised their price objective on Definity Financial from C$49.00 to C$51.00 in a research report on Friday, July 26th. Scotiabank lifted their price target on shares of Definity Financial from C$51.00 to C$53.00 in a research report on Friday, September 20th. CIBC lowered shares of Definity Financial from an “outperform” rating to a “neutral” rating and upped their price objective for the stock from C$47.00 to C$51.00 in a report on Tuesday, August 6th. Cibc World Mkts downgraded shares of Definity Financial from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 6th. Finally, Raymond James upped their price target on Definity Financial from C$55.00 to C$58.00 in a research note on Tuesday. Six investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of C$53.40.

Definity Financial Price Performance

DFY stock opened at C$55.03 on Friday. Definity Financial has a 52-week low of C$35.48 and a 52-week high of C$55.86. The company has a quick ratio of 0.31, a current ratio of 7.68 and a debt-to-equity ratio of 6.38. The stock has a market cap of C$6.32 billion, a price-to-earnings ratio of 16.63, a price-to-earnings-growth ratio of 2.63 and a beta of 0.04. The business has a fifty day moving average of C$52.09 and a two-hundred day moving average of C$47.59.

Definity Financial (TSE:DFY) last announced its quarterly earnings results on Thursday, August 1st. The company reported C$0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.66 by C$0.28. The business had revenue of C$1.05 billion during the quarter, compared to the consensus estimate of C$1.07 billion. Definity Financial had a net margin of 9.60% and a return on equity of 13.00%.

Definity Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 13th were given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date was Friday, September 13th. Definity Financial’s dividend payout ratio is presently 19.34%.

Definity Financial Company Profile

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.