FY2026 EPS Estimate for Definity Financial Lifted by Analyst

Definity Financial Co. (TSE:DFY - Free Report) - Stock analysts at Cormark raised their FY2026 earnings per share (EPS) estimates for Definity Financial in a research report issued to clients and investors on Wednesday, June 11th. Cormark analyst L. Persaud now expects that the company will post earnings per share of $3.78 for the year, up from their previous forecast of $3.64. Cormark currently 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 firms have also commented on DFY. Jefferies Financial Group dropped their target price on Definity Financial from C$62.00 to C$58.00 in a report on Monday, April 21st. BMO Capital Markets raised their target price on Definity Financial from C$63.00 to C$64.00 in a report on Monday, May 12th. Scotiabank raised their target price on Definity Financial from C$65.00 to C$76.00 in a report on Wednesday, June 11th. Desjardins raised Definity Financial to a "hold" rating in a report on Wednesday, June 11th. Finally, CIBC set a C$80.00 target price on Definity Financial and gave the stock a "neutral" rating in a report on Thursday. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of C$69.27.

Definity Financial Stock Down 1.2%

Shares of TSE:DFY traded down C$0.93 during trading on Friday, hitting C$76.88. The stock had a trading volume of 186,503 shares, compared to its average volume of 183,869. The stock has a market capitalization of C$8.87 billion, a price-to-earnings ratio of 16.28, a price-to-earnings-growth ratio of 2.63 and a beta of 0.04. Definity Financial has a 12-month low of C$42.49 and a 12-month high of C$79.06. The stock has a 50-day simple moving average of C$68.64 and a two-hundred day simple moving average of C$62.55.

Definity Financial Company Profile

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