FY2026 EPS Estimates for Intact Financial Cut by Cormark

Key Points

• Cormark has decreased its FY2026 earnings per share estimates for Intact Financial from $17.45 to $17.32, while the consensus estimate stands at $16.17.
• Multiple analysts have raised their price targets for Intact Financial, with recent targets ranging from C$300.00 to C$350.00, reflecting positive sentiment towards the stock.
• Intact Financial's stock has recently declined by 6.5%, opening at C$285.45, despite having a market cap of C$50.78 billion.

Intact Financial Co. (TSE:IFC - Free Report) - Research analysts at Cormark reduced their FY2026 earnings per share (EPS) estimates for Intact Financial in a report issued on Wednesday, July 30th. Cormark analyst L. Persaud now anticipates that the company will post earnings of $17.32 per share for the year, down from their prior forecast of $17.45. The consensus estimate for Intact Financial's current full-year earnings is $16.17 per share.

IFC has been the subject of several other research reports. CIBC increased their target price on Intact Financial from C$290.00 to C$300.00 in a research note on Friday, April 25th. TD Securities increased their target price on Intact Financial from C$328.00 to C$349.00 and gave the company a "buy" rating in a research note on Wednesday, May 7th. Jefferies Financial Group increased their target price on Intact Financial from C$201.00 to C$289.00 in a research note on Monday, April 21st. National Bankshares increased their target price on Intact Financial from C$341.00 to C$350.00 and gave the company an "outperform" rating in a research note on Tuesday, July 29th. Finally, Desjardins increased their target price on Intact Financial from C$320.00 to C$330.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, Intact Financial presently has an average rating of "Moderate Buy" and a consensus target price of C$322.20.

Intact Financial Stock Performance

Shares of IFC traded down C$3.33 during trading hours on Thursday, hitting C$283.07. 326,557 shares of the company were exchanged, compared to its average volume of 285,556. The company has a market cap of C$50.35 billion, a PE ratio of 21.92, a PEG ratio of 2.01 and a beta of 0.57. The firm's 50 day moving average is C$306.93 and its 200-day moving average is C$292.46. Intact Financial has a 52 week low of C$240.37 and a 52 week high of C$317.35.

Insider Buying and Selling

In other Intact Financial news, Director Timothy Michael Miller sold 13,028 shares of the company's stock in a transaction that occurred on Thursday, June 12th. The stock was sold at an average price of C$309.88, for a total value of C$4,037,064.53. 0.24% of the stock is currently owned by company insiders.

Intact Financial Company Profile

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.