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TSE:IFC

Intact Financial (IFC) Stock Price, News & Analysis

C$221.46
+1.45 (+0.66%)
(As of 04:17 PM ET)
Today's Range
C$219.46
C$222.53
50-Day Range
C$207.76
C$235.96
52-Week Range
C$188.22
C$237.25
Volume
376,045 shs
Average Volume
308,472 shs
Market Capitalization
C$39.49 billion
P/E Ratio
31.68
Dividend Yield
2.19%
Price Target
C$236.40

Intact Financial MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
6.9% Upside
C$236.70 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.36mentions of Intact Financial in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
C$1.58 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.70 out of 5 stars

IFC stock logo

About Intact Financial Stock (TSE:IFC)

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. It also provides pet and business insurance, as well as provides risk management solutions. The company serves its products to accident and health, technology, ocean and inland marine, builder's risk, and entertainment, as well as financial services and institutions; and various products to specialty property, surety, tuition reimbursement, management liability, and cyber and environmental institutions. It offers specialty insurance products including travel insurance, brokers, direct to consumer, agencies, wholesalers, affinity group, Intact Prestige, and managing general agent platform. The company was formerly known as ING Canada Inc. and changed its name to Intact Financial Corporation in 2009. Intact Financial Corporation was founded in 1809 and is based in Toronto, Canada.

IFC Stock Price History

IFC Stock News Headlines

Intact Financial Corporation (IFC.TO)
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
IFC:CA Intact Financial Corporation
Intact Non Cum Rt Res Cl A 3 Prf (IFC_pc)
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Intact Financial declares CAD 1.21 dividend
Intact Financial Corporation reports Q4-2023 results
Intact Financial Corp.
Intact Financ 1 Cl A Non Cum Prf (IFC_pa)
IFC.PR.G:CA Intact Financial Corporation NON CUM PFD A 7
Intact Financial Corp's Dividend Analysis
Intact Financial Corp IFC
See More Headlines
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Company Calendar

Last Earnings
2/13/2024
Ex-Dividend for 3/29 Dividend
3/14/2024
Dividend Payable
3/29/2024
Today
4/16/2024
Next Earnings (Estimated)
5/08/2024

Industry, Sector and Symbol

Industry
Insurance - Property & Casualty
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
30,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$236.40
High Stock Price Target
C$256.00
Low Stock Price Target
C$207.00
Potential Upside/Downside
+6.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
C$1.23 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$28.65 billion
Cash Flow
C$18.52 per share
Book Value
C$83.38 per share

Miscellaneous

Free Float
N/A
Market Cap
C$39.59 billion
Optionable
Not Optionable
Beta
0.54
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Key Executives

  • Mr. Charles Joseph Gaston Brindamour B.Sc. (Age 54)
    CEO & Director
    Comp: $4.19M
  • Mr. Louis Marcotte (Age 59)
    Executive VP & CFO
    Comp: $1.55M
  • Dr. Louis Gagnon MBA
    Chief Executive Officer of Canada
  • Mr. Timothy Michael Miller (Age 65)
    Chief Executive Officer of Global Specialty Lines
    Comp: $3.27M
  • Mr. Kenneth Norgrove (Age 55)
    Chief Executive Officer of RSA, UK & International
    Comp: $2.8M
  • Mr. Patrick Barbeau
    Executive VP & COO
  • Mr. Shubha Rahman Khan
    Vice President of Investor Relations
  • Mr. Frederic Cotnoir
    Executive VP, Chief Legal Officer & Secretary
  • Ms. Anne Fortin
    President of Intact Insurance and Chief Marketing & Communications Officer
  • Ms. Carla Smith
    Executive VP and Chief People, Strategy & Climate Officer

Should I Buy Intact Financial Stock? IFC Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Intact Financial Co.:

  • Intact Financial had a net margin of 4.59% and a return on equity of 8.16%, indicating strong financial performance.
  • Intact Financial recently increased its quarterly dividend from $1.10 to $1.21 per share, showing commitment to rewarding shareholders.
  • Equities analysts expect Intact Financial to post 14.466881 EPS for the current year, suggesting positive growth potential.
  • Insiders have shown confidence in the company by purchasing shares, with Senior Officer Benoit Morissette selling 7,000 shares at a significant value.
  • Intact Financial offers a diverse range of insurance products, including personal auto, personal property, commercial line, and specialty line insurance, catering to various customer needs.

Cons

Investors should be bearish about investing in Intact Financial Co. for these reasons:

  • Intact Financial's payout ratio is currently 69.14%, which may indicate a high proportion of earnings being distributed as dividends, potentially limiting reinvestment for growth.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these Intact Financial pros and cons to contact@marketbeat.com.

IFC Stock Analysis - Frequently Asked Questions

Should I buy or sell Intact Financial stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Intact Financial in the last year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" IFC shares.
View IFC analyst ratings
or view top-rated stocks.

What is Intact Financial's stock price target for 2024?

8 analysts have issued 12 month price objectives for Intact Financial's shares. Their IFC share price targets range from C$207.00 to C$256.00. On average, they expect the company's share price to reach C$236.70 in the next year. This suggests a possible upside of 6.9% from the stock's current price.
View analysts price targets for IFC
or view top-rated stocks among Wall Street analysts.

How have IFC shares performed in 2024?

Intact Financial's stock was trading at C$203.86 on January 1st, 2024. Since then, IFC shares have increased by 8.6% and is now trading at C$221.46.
View the best growth stocks for 2024 here
.

When is Intact Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our IFC earnings forecast
.

How were Intact Financial's earnings last quarter?

Intact Financial Co. (TSE:IFC) released its quarterly earnings results on Tuesday, February, 13th. The company reported $3.47 earnings per share for the quarter, topping the consensus estimate of $3.44 by $0.03. The business earned $6.53 billion during the quarter. Intact Financial had a net margin of 4.59% and a trailing twelve-month return on equity of 8.16%.

How often does Intact Financial pay dividends? What is the dividend yield for Intact Financial?

Intact Financial declared a quarterly dividend on Tuesday, February 13th. Shareholders of record on Friday, March 15th will be given a dividend of 1.21 per share on Friday, March 29th. This represents a $4.84 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date is Thursday, March 14th. This is an increase from the stock's previous quarterly dividend of C$1.10.
Read our dividend analysis for IFC
.

Is Intact Financial a good dividend stock?

Intact Financial (TSE:IFC) pays an annual dividend of C$4.84 per share and currently has a dividend yield of 2.20%. The dividend payout ratio is 69.24%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for IFC.

What other stocks do shareholders of Intact Financial own?
How do I buy shares of Intact Financial?

Shares of IFC stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:IFC) was last updated on 4/16/2024 by MarketBeat.com Staff

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