FY2025 EPS Estimates for iA Financial Boosted by Desjardins

iA Financial Co. Inc. (TSE:IAG - Free Report) - Equities researchers at Desjardins raised their FY2025 earnings per share estimates for iA Financial in a note issued to investors on Thursday, July 10th. Desjardins analyst D. Young now anticipates that the company will earn $12.22 per share for the year, up from their previous forecast of $12.15. 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 $13.15 EPS.

Several other equities analysts also recently weighed in on the company. Royal Bank Of Canada set a C$141.00 target price on iA Financial and gave the stock a "sector perform" rating in a research report on Tuesday, April 15th. TD Securities increased their target price on iA Financial from C$140.00 to C$147.00 and gave the stock a "buy" rating in a research report on Thursday, May 8th. Scotiabank reduced their target price on iA Financial from C$143.00 to C$140.00 and set a "sector perform" rating on the stock in a research report on Thursday, May 1st. CIBC reduced their target price on iA Financial from C$149.00 to C$144.00 and set an "outperform" rating on the stock in a research report on Thursday, May 1st. Finally, BMO Capital Markets raised their price objective on iA Financial from C$148.00 to C$160.00 in a report on Friday, July 11th. Five research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of C$141.00.

iA Financial Stock Performance

TSE IAG traded up C$0.61 during trading hours on Monday, hitting C$145.04. 138,103 shares of the company's stock were exchanged, compared to its average volume of 251,447. The business's 50 day moving average is C$142.63 and its 200-day moving average is C$134.79. iA Financial has a 12-month low of C$86.92 and a 12-month high of C$151.29. The firm has a market capitalization of C$13.61 billion, a P/E ratio of 13.82, a price-to-earnings-growth ratio of 1.26 and a beta of 1.13.

Insider Transactions at iA Financial

In other news, Senior Officer Éric Jobin sold 1,500 shares of the stock in a transaction dated Tuesday, May 20th. The stock was sold at an average price of C$142.89, for a total value of C$214,341.00. Also, Director Denis Ricard sold 8,000 shares of the stock in a transaction dated Friday, May 16th. The shares were sold at an average price of C$143.00, for a total value of C$1,144,000.00. In the last 90 days, insiders have sold 44,000 shares of company stock valued at $6,151,244. 0.09% of the stock is owned by company insiders.

About iA Financial

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.