DOWLING & PARTN Brokers Lower Earnings Estimates for TSE:DFY

Key Points

• DOWLING & PARTN cut Definity Financial’s FY2026 EPS estimate to C$3.60 from C$4.00, though it remains above the current consensus estimate of C$3.13.
• Definity reported quarterly EPS of C$0.97 on C$2.05 billion in revenue, with a 7.22% net margin and 11.45% return on equity. Analysts’ average rating is “Moderate Buy,” with an average price target of C$83.40.
• The stock opened at C$70.68, while insiders have sold 13,638 shares worth approximately C$1.10 million over the past 90 days.

Definity Financial Co. (TSE:DFY - Free Report) - Analysts at DOWLING & PARTN decreased their FY2026 EPS estimates for Definity Financial in a research note issued on Tuesday, September 8th. DOWLING & PARTN analyst J. Ferguson now anticipates that the company will post earnings per share of $3.60 for the year, down from their prior forecast of $4.00. The consensus estimate for Definity Financial's current full-year earnings is $3.13 per share.

Definity Financial (TSE:DFY - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported C$0.97 EPS for the quarter. Definity Financial had a net margin of 7.22% and a return on equity of 11.45%. The business had revenue of C$2.05 billion during the quarter.

Several other equities research analysts have also commented on DFY. Raymond James Financial raised their price target on shares of Definity Financial from C$80.00 to C$85.00 and gave the company a "market perform" rating in a research note on Friday, July 31st. Canadian Imperial Bank of Commerce boosted their price objective on Definity Financial from C$74.00 to C$84.00 in a research report on Tuesday, July 14th. Jefferies Financial Group increased their price objective on Definity Financial from C$83.00 to C$91.00 and gave the stock a "buy" rating in a report on Monday, July 27th. National Bank Financial boosted their price target on Definity Financial from C$94.00 to C$96.00 and gave the stock an "outperform" rating in a research report on Monday, July 27th. Finally, TD increased their price target on Definity Financial from C$89.00 to C$93.00 and gave the stock a "buy" rating in a research note on Friday, July 31st. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of C$83.40.

Definity Financial Trading Up 0.5%

Shares of TSE:DFY opened at C$70.68 on Friday. The company has a quick ratio of 0.31, a current ratio of 1.35 and a debt-to-equity ratio of 37.12. The company's 50-day moving average price is C$76.88 and its 200 day moving average price is C$71.11. The company has a market cap of C$8.49 billion, a PE ratio of 18.36, a P/E/G ratio of 2.63 and a beta of -0.01. Definity Financial has a fifty-two week low of C$61.87 and a fifty-two week high of C$82.59.

Insider Buying and Selling

In other news, insider Innes Fraser Dey sold 4,800 shares of the business's stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of C$81.00, for a total transaction of C$388,800.00. Following the sale, the insider directly owned 53,150 shares of the company's stock, valued at C$4,305,150. The trade was a 8.28% decrease in their ownership of the stock. Insiders have sold 13,638 shares of company stock worth $1,101,345 over the last ninety days. 0.50% of the stock is owned by corporate insiders.

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.

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