FY2025 EPS Estimates for iA Financial Increased by Analyst

iA Financial Co. Inc. (TSE:IAG - Free Report) - Research analysts at Desjardins boosted their FY2025 earnings estimates for iA Financial in a research report issued to clients and 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 estimate 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.

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

iA Financial Stock Up 0.8%

iA Financial stock traded up C$1.17 during trading hours on Monday, hitting C$144.61. 79,409 shares of the company traded hands, compared to its average volume of 254,181. The firm has a market cap of C$13.57 billion, a P/E ratio of 13.78, a P/E/G ratio of 1.26 and a beta of 1.13. The firm's 50-day simple moving average is C$141.79 and its two-hundred day simple moving average is C$134.50. iA Financial has a 1-year low of C$86.92 and a 1-year high of C$151.29.

Insider Activity

In other iA Financial news, Director Denis Ricard sold 8,000 shares of the firm's 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. Also, Senior Officer Pierre Miron sold 15,000 shares of the firm's stock in a transaction dated 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. In the last three months, insiders have sold 44,000 shares of company stock valued at $6,151,244. 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.