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) - Equities research analysts at Desjardins raised their FY2025 earnings estimates for shares of iA Financial in a report issued on Wednesday, August 6th. Desjardins analyst D. Young now expects that the company will post earnings per share of $12.95 for the year, up from their prior estimate of $12.22. Desjardins currently has a "Hold" rating and a $149.00 target price 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.

Other equities analysts have also recently issued reports about the company. CIBC dropped their target price on 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. Royal Bank Of Canada increased their price objective on iA Financial from C$142.00 to C$151.00 and gave the stock a "sector perform" rating in a research note on Thursday, August 7th. BMO Capital Markets increased their target price on shares of iA Financial from C$148.00 to C$160.00 in a research report on Friday, July 11th. National Bankshares lifted their price target on shares of iA Financial from C$141.00 to C$146.00 and gave the company a "sector perform" rating in a report on Wednesday, August 6th. Finally, TD Securities upped their price objective on shares of iA Financial from C$140.00 to C$147.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. Five equities research 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. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of C$145.88.

iA Financial Stock Up 1.3%

IAG traded up C$1.90 during midday trading on Friday, reaching C$145.17. 125,785 shares of the company's stock were exchanged, compared to its average volume of 251,904. The business has a 50-day simple moving average of C$143.00 and a two-hundred day simple moving average of C$136.03. The firm has a market capitalization of C$13.62 billion, a price-to-earnings ratio of 13.83, a price-to-earnings-growth ratio of 1.26 and a beta of 1.13. iA Financial has a one year low of C$98.25 and a one year high of C$151.29.

Insider Buying and Selling at iA Financial

In other news, Senior Officer Pierre Miron sold 15,000 shares of the company's stock in a transaction dated Monday, May 26th. The stock was sold at an average price of C$140.29, for a total value of C$2,104,389.00. Also, Senior Officer Éric Jobin sold 1,500 shares of the stock in a transaction that occurred on Tuesday, May 20th. The shares were sold at an average price of C$142.89, for a total transaction of C$214,341.00. Over the last quarter, insiders have sold 27,800 shares of company stock valued at $3,923,080. 0.09% of the stock is currently owned by company insiders.

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.