Analysts Set Expectations for iA Financial FY2025 Earnings

Key Points

• Desjardins has increased its FY2025 earnings per share (EPS) estimate for iA Financial from $12.22 to $12.95, maintaining a "Hold" rating with a target price of $149.00.
• Multiple analysts, including TD Securities and BMO Capital Markets, have raised their price targets for iA Financial, with an average target price now set at C$145.88.
• Senior officers at iA Financial have recently sold a combined total of 44,000 shares of company stock within the last 90 days, hinting at potential insider activity concerns.

iA Financial Co. Inc. (TSE:IAG - Free Report) - Stock analysts at Desjardins lifted their FY2025 earnings estimates for iA Financial in a research report issued on Wednesday, August 6th. Desjardins analyst D. Young now forecasts that the company will post earnings of $12.95 per share for the year, up from their prior estimate of $12.22. Desjardins has a "Hold" rating and a $149.00 price target on the stock. The consensus estimate for iA Financial's current full-year earnings is $11.62 per share. Desjardins also issued estimates for iA Financial's FY2026 earnings at $13.65 EPS.

Several other analysts also recently issued reports on the stock. Royal Bank Of Canada upped their price objective on shares of iA Financial from C$142.00 to C$151.00 and gave the stock a "sector perform" rating in a report on Thursday. TD Securities increased their price target on shares of iA Financial from C$140.00 to C$147.00 and gave the company a "buy" rating in a report on Thursday, May 8th. Cormark downgraded shares of iA Financial from a "moderate buy" rating to a "hold" rating in a report on Wednesday, July 30th. CIBC reduced their price target on shares of iA Financial from C$149.00 to C$144.00 and set an "outperform" rating for the company in a report on Thursday, May 1st. Finally, Scotiabank raised shares of iA Financial to a "strong-buy" rating in a report on Thursday, July 31st. Five investment analysts have rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, iA Financial presently has a consensus rating of "Moderate Buy" and a consensus price target of C$145.88.

iA Financial Price Performance

Shares of TSE IAG traded down C$1.17 during trading hours on Friday, hitting C$141.27. 231,183 shares of the stock were exchanged, compared to its average volume of 252,778. The company's 50 day moving average is C$142.92 and its 200 day moving average is C$135.95. The firm has a market capitalization of C$13.25 billion, a P/E ratio of 13.46, a P/E/G ratio of 1.26 and a beta of 1.13. iA Financial has a one year low of C$96.00 and a one year high of C$151.29.

Insider Buying and Selling at iA Financial

In related news, Director Denis Ricard sold 8,000 shares of iA Financial stock in a transaction that occurred on Friday, May 16th. The shares were sold at an average price of C$143.00, for a total transaction of C$1,144,000.00. Also, Senior Officer Pierre Miron sold 15,000 shares of iA Financial stock in a transaction that occurred on Monday, May 26th. The stock was sold at an average price of C$140.29, for a total transaction of C$2,104,389.00. Insiders have sold 44,000 shares of company stock worth $6,151,244 in the last 90 days. Corporate insiders own 0.09% of the company's stock.

iA Financial Company Profile

iA Financial Corp Inc is a life and health insurance company. It offers life and health insurance products, savings and retirement plans, mutual funds, securities, auto and home insurance, mortgages, and others. The company operates and manages its activities according to five main reportable operating segments Individual Insurance, Individual Wealth Management, Group Insurance, Group Savings and Retirement, and US Operations.