FY2025 EPS Forecast for Intact Financial Raised by Analyst

Intact Financial Co. (TSE:IFC) – Equities researchers at National Bank Financial increased their FY2025 earnings per share (EPS) estimates for shares of Intact Financial in a note issued to investors on Sunday, February 2nd. National Bank Financial analyst J. Gloyn now forecasts that the company will post earnings of $16.09 per share for the year, up from their previous estimate of $15.44. The consensus estimate for Intact Financial’s current full-year earnings is $16.17 per share.

Several other equities analysts have also recently commented on IFC. National Bankshares raised their price target on shares of Intact Financial from C$294.00 to C$296.00 in a research report on Wednesday, November 6th. TD Securities increased their price objective on Intact Financial from C$293.00 to C$300.00 in a research note on Wednesday, November 6th. Raymond James boosted their target price on Intact Financial from C$264.00 to C$290.00 in a research note on Wednesday, November 6th. BMO Capital Markets increased their price target on Intact Financial from C$275.00 to C$290.00 in a research report on Thursday, November 7th. Finally, Scotiabank lifted their price objective on Intact Financial from C$281.00 to C$283.00 in a research note on Thursday, November 7th. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to 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 Trading Up 1.7 %

TSE IFC opened at C$275.05 on Wednesday. Intact Financial has a one year low of C$206.57 and a one year high of C$276.52. The firm has a 50 day simple moving average of C$261.40 and a 200-day simple moving average of C$258.96. The firm has a market cap of C$49.06 billion, a price-to-earnings ratio of 24.21, a PEG ratio of 2.01 and a beta of 0.57. The company has a debt-to-equity ratio of 31.26, a quick ratio of 0.28 and a current ratio of 0.36.

Intact Financial (TSE:IFC) last issued its quarterly earnings results on Tuesday, November 5th. The company reported C$1.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.29 by C$0.72. Intact Financial had a net margin of 7.14% and a return on equity of 12.93%. During the same quarter last year, the firm earned $2.10 EPS.

Insider Transactions at Intact Financial

In related news, Senior Officer Frédéric Cotnoir sold 450 shares of the company’s stock in a transaction dated Friday, November 29th. The stock was sold at an average price of C$266.73, for a total value of C$120,028.50. Also, Senior Officer Marie-Lucie Paradis sold 565 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of C$266.23, for a total value of C$150,419.95. In the last 90 days, insiders have sold 8,865 shares of company stock valued at $2,385,573. Corporate insiders own 0.24% of the company’s stock.

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.