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Cormark Reduces Earnings Estimates for Definity Financial

Definity Financial logo with Financial Services background

Definity Financial Co. (TSE:DFY - Free Report) - Cormark decreased their FY2025 earnings per share (EPS) estimates for shares of Definity Financial in a report released on Wednesday, June 11th. Cormark analyst L. Persaud now anticipates that the company will post earnings per share of $3.13 for the year, down from their previous forecast of $3.21. Cormark has a "Moderate Buy" rating on the stock. The consensus estimate for Definity Financial's current full-year earnings is $3.13 per share.

Several other research analysts also recently commented on DFY. Jefferies Financial Group cut their price target on shares of Definity Financial from C$62.00 to C$58.00 in a report on Monday, April 21st. Raymond James lifted their price objective on Definity Financial from C$65.00 to C$74.00 and gave the company a "market perform" rating in a research note on Thursday. BMO Capital Markets lifted their price objective on Definity Financial from C$63.00 to C$64.00 in a research note on Monday, May 12th. TD Securities lifted their price target on Definity Financial from C$72.00 to C$78.00 and gave the company a "hold" rating in a research report on Wednesday. Finally, National Bankshares set a C$90.00 price target on Definity Financial and gave the company an "outperform" rating in a research report on Wednesday. Six analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of C$69.27.

Read Our Latest Stock Analysis on Definity Financial

Definity Financial Trading Up 1.1%

Shares of DFY stock traded up C$0.83 during trading hours on Thursday, reaching C$77.59. The stock had a trading volume of 105,084 shares, compared to its average volume of 183,275. The stock's fifty day simple moving average is C$67.97 and its 200 day simple moving average is C$62.23. Definity Financial has a 12 month low of C$42.11 and a 12 month high of C$79.06. The firm has a market capitalization of C$8.95 billion, a PE ratio of 16.43, a PEG ratio of 2.63 and a beta of 0.04.

Definity Financial Company Profile

(Get Free Report)

Definity Financial Corp is a multi-channel, property, and casualty insurance company. It offers auto, property, liability, and pet insurance products to individual customers.

See Also

Earnings History and Estimates for Definity Financial (TSE:DFY)

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