FY2026 EPS Forecast for Definity Financial Raised by Analyst

Key Points

• FY2026 EPS forecast raised: DOWLING & PARTN increased its estimate for Definity Financial to C$4.00 per share from C$3.90, versus the current consensus of C$3.13. The analyst projects EPS of C$4.70 in FY2027 and C$5.40 in FY2028.
• Analyst sentiment remains positive: Recent firms raised their price targets, and Definity has an overall “Moderate Buy” consensus rating with an average target price of C$83.40.
• Recent performance and insider selling: Definity reported quarterly EPS of C$0.97 on C$2.05 billion in revenue, while insiders sold 18,638 shares worth approximately C$1.46 million over the past 90 days.

Definity Financial Co. (TSE:DFY - Free Report) - Equities researchers at DOWLING & PARTN lifted their FY2026 earnings estimates for Definity Financial in a research note issued to investors on Friday, August 7th. DOWLING & PARTN analyst J. Ferguson now anticipates that the company will earn $4.00 per share for the year, up from their previous forecast of $3.90. The consensus estimate for Definity Financial's current full-year earnings is $3.13 per share. DOWLING & PARTN also issued estimates for Definity Financial's FY2027 earnings at $4.70 EPS and FY2028 earnings at $5.40 EPS.

DFY has been the topic of several other research reports. Raymond James Financial raised their price target on Definity Financial from C$80.00 to C$85.00 and gave the company a "market perform" rating in a report on Friday, July 31st. Barclays raised their target price on shares of Definity Financial from C$78.00 to C$79.00 in a research note on Friday, May 8th. Desjardins dropped their price target on shares of Definity Financial from C$75.00 to C$73.00 and set a "hold" rating for the company in a research note on Monday, April 27th. Canadian Imperial Bank of Commerce increased their price objective on shares of Definity Financial from C$74.00 to C$84.00 in a report on Tuesday, July 14th. Finally, TD raised 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. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of C$83.40.

Definity Financial Stock Performance

Shares of DFY opened at C$78.96 on Tuesday. The business's fifty day moving average price is C$75.75 and its two-hundred day moving average price is C$70.07. The firm has a market capitalization of C$9.49 billion, a price-to-earnings ratio of 20.51, a PEG ratio of 2.63 and a beta of -0.02. Definity Financial has a 52 week low of C$61.87 and a 52 week high of C$82.59.

Definity Financial (TSE:DFY - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported C$0.97 earnings per share 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.

Insider Activity at Definity Financial

In other news, insider Brigid V. Pelino sold 5,000 shares of Definity Financial stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of C$72.00, for a total transaction of C$360,000.00. Following the transaction, the insider directly owned 74,109 shares of the company's stock, valued at C$5,335,848. This trade represents a 6.32% decrease in their ownership of the stock. Also, insider Innes Fraser Dey sold 4,800 shares of the business's 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 completion of the transaction, the insider directly owned 53,150 shares of the company's stock, valued at C$4,305,150. This trade represents a 8.28% decrease in their position. Insiders sold 18,638 shares of company stock valued at $1,461,345 in the last ninety days. Insiders own 0.50% of the company's stock.

Definity Financial Company Profile

Definity Financial Corp is a multi-channel, property, and casualty insurance company. It offers auto, property, liability, and pet insurance products to individual customers.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source