What is Cormark’s Estimate for TSE:IFC FY2025 Earnings?

Intact Financial Co. (TSE:IFC) – Cormark cut their FY2025 earnings estimates for shares of Intact Financial in a research note issued on Wednesday, November 6th. Cormark analyst L. Persaud now expects that the company will post earnings of $15.88 per share for the year, down from their previous forecast of $16.20. Cormark currently has a “Buy” rating and a $260.00 target price on the stock. The consensus estimate for Intact Financial’s current full-year earnings is $16.17 per share.

A number of other equities research analysts have also recently commented on the company. Scotiabank raised their target price on Intact Financial from C$281.00 to C$283.00 in a research report on Thursday. BMO Capital Markets raised their price objective on Intact Financial from C$275.00 to C$290.00 in a report on Thursday. Raymond James increased their target price on Intact Financial from C$264.00 to C$290.00 in a research report on Wednesday. Desjardins boosted their price target on shares of Intact Financial from C$250.00 to C$255.00 and gave the stock a “buy” rating in a report on Tuesday, July 23rd. Finally, National Bankshares increased their price objective on shares of Intact Financial from C$294.00 to C$296.00 in a report on Wednesday. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of C$274.90.

Intact Financial Stock Down 0.4 %

IFC stock opened at C$263.97 on Thursday. Intact Financial has a one year low of C$197.82 and a one year high of C$273.05. The company has a debt-to-equity ratio of 31.26, a quick ratio of 0.28 and a current ratio of 0.36. The firm’s fifty day moving average is C$259.90 and its 200 day moving average is C$243.33. The firm has a market cap of C$47.08 billion, a PE ratio of 23.24, a P/E/G ratio of 2.01 and a beta of 0.57.

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 $1.21 dividend. This represents a $4.84 annualized dividend and a dividend yield of 1.83%. The ex-dividend date is Monday, December 16th. Intact Financial’s dividend payout ratio is currently 42.61%.

Insider Buying and Selling

In other Intact Financial news, Senior Officer Kenneth Anderson sold 2,000 shares of the business’s stock in a transaction on Friday, September 20th. The stock was sold at an average price of C$253.88, for a total transaction of C$507,759.00. 0.24% of the stock is currently owned by company insiders.

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.