Cormark Weighs in on iA Financial's Q1 Earnings (TSE:IAG)

iA Financial Co. Inc. (TSE:IAG - Free Report) - Cormark issued their Q1 2025 EPS estimates for iA Financial in a report issued on Wednesday, April 30th. Cormark analyst L. Persaud anticipates that the company will post earnings per share of $2.86 for the quarter. The consensus estimate for iA Financial's current full-year earnings is $11.62 per share. Cormark also issued estimates for iA Financial's FY2026 earnings at $13.44 EPS.

Other equities research analysts also recently issued research reports about the stock. Scotiabank dropped their price target on shares of iA Financial from C$143.00 to C$140.00 and set a "sector perform" rating on the stock in a research note on Thursday. Desjardins increased their price target on iA Financial from C$140.00 to C$145.00 and gave the company a "hold" rating in a report on Thursday, February 20th. BMO Capital Markets lifted their price objective on iA Financial from C$140.00 to C$150.00 and gave the stock an "outperform" rating in a report on Thursday, February 20th. CIBC reduced their target price on iA Financial from C$149.00 to C$144.00 and set an "outperform" rating for the company in a research note on Thursday. Finally, TD Securities lifted their price target on shares of iA Financial from C$146.00 to C$147.00 and gave the stock a "buy" rating in a research note on Tuesday, February 25th. Five analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of C$139.75.

iA Financial Stock Performance

Shares of TSE:IAG traded down C$2.52 during mid-day trading on Thursday, hitting C$134.50. 96,596 shares of the company traded hands, compared to its average volume of 262,387. The firm's 50 day simple moving average is C$129.84 and its 200 day simple moving average is C$129.66. iA Financial has a 52-week low of C$84.29 and a 52-week high of C$141.88. The firm has a market cap of C$12.62 billion, a P/E ratio of 12.81, a PEG ratio of 1.26 and a beta of 1.13.

Insider Transactions at iA Financial

In other news, Senior Officer Alain Bergeron sold 2,750 shares of the stock in a transaction on Thursday, March 27th. The stock was sold at an average price of C$136.40, for a total transaction of C$375,100.00. Over the last quarter, insiders sold 12,750 shares of company stock worth $1,731,044. Insiders own 0.09% of the company's stock.

iA Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Friday, February 28th were issued a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a dividend yield of 2.68%. iA Financial's dividend payout ratio (DPR) is 31.25%.

iA Financial Company Profile

iA Financial Corporation Inc, provides insurance and wealth management services in Canada and the United States. The company operates through Insurance, Canada; Wealth Management; Investment; and US Operations segments. The company provides health, auto, home, and creditor insurance products; replacement insurance products and warranties; extended warranties and other ancillary products for dealer services; specialized products for special markets; and life insurance products and extended warranties relating to dealer services.