TSE:DFY Stock Gets Weaker EPS Forecast from DOWLING & PARTN

Key Points

• DOWLING & PARTN cut its FY2026 EPS forecast for Definity Financial to C$3.35 from C$3.60, though the estimate remains above the current consensus of C$3.13.
• Analyst sentiment is mixed: four analysts rate the stock a Buy and five rate it a Hold, resulting in a consensus Hold rating and an average price target of C$83.36.
• Definity shares opened at C$67.23, while an insider recently sold 4,800 shares for C$388,800; insiders have sold 13,638 shares worth about C$1.1 million over the past 90 days.

Definity Financial Co. (TSE:DFY - Free Report) - Investment analysts at DOWLING & PARTN decreased their FY2026 earnings per share (EPS) estimates for Definity Financial in a report released on Wednesday, October 7th. DOWLING & PARTN analyst J. Ferguson now anticipates that the company will post earnings per share of $3.35 for the year, down from their prior forecast of $3.60. The consensus estimate for Definity Financial's current full-year earnings is $3.13 per share.

DFY has been the topic of a number of other reports. National Bank Financial increased their price target on shares of Definity Financial from C$94.00 to C$96.00 and gave the stock an "outperform" rating in a report on Monday, July 27th. TD boosted their price objective on shares of Definity Financial from C$89.00 to C$93.00 and gave the company a "buy" rating in a research note on Friday, July 31st. Raymond James Financial upped their target price on shares of Definity Financial from C$80.00 to C$85.00 and gave the stock a "market perform" rating in a report on Friday, July 31st. Jefferies Financial Group increased their target price on shares of Definity Financial from C$83.00 to C$91.00 and gave the stock a "buy" rating in a research note on Monday, July 27th. Finally, Canadian Imperial Bank of Commerce raised their price target on shares of Definity Financial from C$74.00 to C$84.00 in a report on Tuesday, July 14th. Four investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat, Definity Financial currently has a consensus rating of "Hold" and an average target price of C$83.36.

Definity Financial Stock Up 1.4%

Shares of TSE DFY opened at C$67.23 on Friday. Definity Financial has a 52 week low of C$61.87 and a 52 week high of C$82.59. The business has a 50-day simple moving average of C$73.56 and a two-hundred day simple moving average of C$71.47. 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 has a market cap of C$8.08 billion, a P/E ratio of 17.46, a P/E/G ratio of 2.63 and a beta of 0.10.

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

Insider Activity at Definity Financial

In related news, insider Innes Fraser Dey sold 4,800 shares of the stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of C$81.00, for a total transaction of C$388,800.00. Following the transaction, the insider owned 53,150 shares of the company's stock, valued at approximately C$4,305,150. This trade represents a 8.28% decrease in their position. Over the last 90 days, insiders have sold 13,638 shares of company stock worth $1,101,345. 0.50% of the stock is currently owned by company 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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