Desjardins Raises Earnings Estimates for Definity Financial

Key Points

• Desjardins has raised its Q2 2025 earnings per share estimate for Definity Financial to $0.80, up from a previous estimate of $0.75.
• The consensus target price for Definity Financial is C$71.64, with a majority of analysts giving the stock a "Hold" rating.
• Shares of Definity Financial recently traded up by 0.6%, reaching C$78.09, with a market capitalization of C$9.01 billion.

Definity Financial Co. (TSE:DFY - Free Report) - Desjardins boosted their Q2 2025 earnings estimates for shares of Definity Financial in a report released on Wednesday, July 23rd. Desjardins analyst D. Young now expects that the company will earn $0.80 per share for the quarter, up from their prior estimate of $0.75. Desjardins currently has a "Hold" rating on the stock. The consensus estimate for Definity Financial's current full-year earnings is $3.13 per share. Desjardins also issued estimates for Definity Financial's FY2025 earnings at $3.10 EPS.

DFY has been the subject of several other research reports. Royal Bank Of Canada raised shares of Definity Financial to a "moderate buy" rating and set a C$87.00 price target for the company in a research report on Wednesday, June 18th. National Bankshares set a C$90.00 price target on shares of Definity Financial and gave the company an "outperform" rating in a research report on Wednesday, June 11th. BMO Capital Markets increased their price target on shares of Definity Financial from C$63.00 to C$64.00 in a research report on Monday, May 12th. Jefferies Financial Group dropped their price target on shares of Definity Financial from C$62.00 to C$58.00 in a research report on Monday, April 21st. Finally, Scotiabank increased their price target on shares of Definity Financial from C$65.00 to C$76.00 in a research report on Wednesday, June 11th. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, Definity Financial currently has an average rating of "Hold" and an average price target of C$73.70.

Definity Financial Stock Up 0.2%

Shares of Definity Financial stock traded up C$0.14 during trading on Friday, reaching C$78.23. The company's stock had a trading volume of 16,817 shares, compared to its average volume of 169,864. Definity Financial has a 52-week low of C$46.97 and a 52-week high of C$79.95. The company has a market cap of C$9.02 billion, a price-to-earnings ratio of 16.56, a PEG ratio of 2.63 and a beta of 0.04. The firm's 50-day moving average is C$75.48 and its two-hundred day moving average is C$66.46.

About Definity Financial

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