FY2019 Earnings Estimate for Intact Financial Co. (IFC) Issued By National Bank Financial
Intact Financial Co. (TSE:IFC) – Stock analysts at National Bank Financial boosted their FY2019 EPS estimates for Intact Financial in a research report issued on Tuesday, February 5th. National Bank Financial analyst J. Gloyn now forecasts that the company will post earnings per share of $6.95 for the year, up from their previous forecast of $6.63. National Bank Financial currently has a “Sector Perform” rating and a $109.00 target price on the stock. National Bank Financial also issued estimates for Intact Financial’s FY2020 earnings at $7.59 EPS.
Intact Financial (TSE:IFC) last released its quarterly earnings results on Tuesday, November 6th. The company reported C$1.62 EPS for the quarter, topping analysts’ consensus estimates of C$1.59 by C$0.03. The firm had revenue of C$2.68 billion for the quarter, compared to analyst estimates of C$2.55 billion.
TSE:IFC opened at C$108.43 on Thursday. The company has a debt-to-equity ratio of 27.76, a quick ratio of 0.25 and a current ratio of 0.31. Intact Financial has a 52 week low of C$91.65 and a 52 week high of C$110.91. The firm has a market cap of $14.55 billion and a price-to-earnings ratio of 23.01.
Intact Financial Company Profile
Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada and the United States. It offers personal auto insurance; and insurance for motor homes, recreational vehicles, motorcycles, snowmobiles, and all-terrain vehicles.
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