iA Financial Co. Inc. (TSE:IAG) to Post Q4 2021 Earnings of $2.00 Per Share, National Bank Financial Forecasts

iA Financial Co. Inc. (TSE:IAG) – National Bank Financial reduced their Q4 2021 earnings estimates for shares of iA Financial in a research report issued to clients and investors on Thursday, May 6th. National Bank Financial analyst G. Dechaine now forecasts that the company will post earnings per share of $2.00 for the quarter, down from their previous forecast of $2.01. National Bank Financial currently has a “Outperform” rating and a $76.00 target price on the stock.

IAG has been the subject of several other reports. CIBC upped their target price on iA Financial from C$71.00 to C$82.00 in a report on Friday, May 7th. Canaccord Genuity boosted their target price on shares of iA Financial from C$68.00 to C$75.00 and gave the company a “na” rating in a report on Thursday, March 11th. Royal Bank of Canada lifted their price target on shares of iA Financial from C$75.00 to C$78.00 and gave the company an “outperform” rating in a research report on Friday, May 7th. Scotiabank raised their target price on iA Financial from C$72.00 to C$84.00 in a research note on Thursday, April 29th. Finally, TD Securities upped their price target on iA Financial from C$69.00 to C$79.00 and gave the company a “buy” rating in a research note on Friday, February 12th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of C$79.57.

Shares of iA Financial stock opened at C$70.25 on Monday. iA Financial has a 1-year low of C$37.71 and a 1-year high of C$72.11. The company has a debt-to-equity ratio of 21.72, a current ratio of 4.28 and a quick ratio of 1.39. The stock has a market cap of C$7.54 billion and a P/E ratio of 10.11. The stock’s 50 day simple moving average is C$69.47 and its 200-day simple moving average is C$61.40.

iA Financial (TSE:IAG) last announced its earnings results on Thursday, February 11th. The company reported C$1.60 earnings per share (EPS) for the quarter, missing the consensus estimate of C$1.66 by C($0.06). The business had revenue of C$4.52 billion for the quarter.

iA Financial Company Profile

iA Financial Corporation Inc, through its subsidiary, Industrial Alliance Insurance and Financial Services Inc, provides various life and health insurance products in Canada and the United States. The company operates through Individual Insurance, Individual Wealth Management, Group Insurance, Group Savings and Retirement, US Operations, and Auto and Home Insurance segments.

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Earnings History and Estimates for iA Financial (TSE:IAG)

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