Cormark Has Optimistic Outlook of TSE:IFC FY2025 Earnings

Intact Financial Co. (TSE:IFCFree Report) – Stock analysts at Cormark upped their FY2025 earnings per share (EPS) estimates for Intact Financial in a note issued to investors on Wednesday, May 7th. Cormark analyst L. Persaud now forecasts that the company will post earnings per share of $16.92 for the year, up from their previous forecast of $16.58. The consensus estimate for Intact Financial’s current full-year earnings is $16.17 per share. Cormark also issued estimates for Intact Financial’s FY2026 earnings at $17.79 EPS.

Other research analysts have also issued reports about the stock. National Bankshares boosted their target price on shares of Intact Financial from C$336.00 to C$341.00 and gave the company an “outperform” rating in a research note on Wednesday. Scotiabank increased their price objective on Intact Financial from C$298.00 to C$305.00 and gave the stock an “outperform” rating in a report on Thursday. Cibc World Mkts downgraded Intact Financial from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 29th. Desjardins increased their price target on Intact Financial from C$320.00 to C$330.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, BMO Capital Markets raised their target price on shares of Intact Financial from C$290.00 to C$315.00 in a research note on Thursday, February 13th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of C$310.90.

Check Out Our Latest Analysis on IFC

Intact Financial Stock Performance

Shares of IFC opened at C$298.04 on Thursday. Intact Financial has a 1 year low of C$218.58 and a 1 year high of C$311.29. The firm has a fifty day moving average of C$290.20 and a 200-day moving average of C$275.37. The company has a market cap of C$53.02 billion, a price-to-earnings ratio of 23.08, a price-to-earnings-growth ratio of 2.01 and a beta of 0.57.

Insider Transactions at Intact Financial

In related news, Senior Officer Benoit Morissette sold 6,000 shares of Intact Financial stock in a transaction on Thursday, February 13th. The stock was sold at an average price of C$287.12, for a total value of C$1,722,738.00. Corporate insiders own 0.24% of the company’s stock.

Intact Financial Company Profile

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Intact Financial Corp is a property and casualty insurance company that provides written premiums in Canada. The company distributes insurance under the Intact Insurance brand through a network of brokers and a wholly-owned subsidiary, BrokerLink, and directly to consumers through Belairdirect. Most of the company’s direct premiums are written in the personal automotive space.

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Earnings History and Estimates for Intact Financial (TSE:IFC)

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