S&P 500   4,586.15 (+0.81%)
DOW   36,145.27 (+0.25%)
QQQ   391.25 (+1.61%)
AAPL   194.43 (+1.10%)
MSFT   370.93 (+0.58%)
META   327.22 (+3.08%)
GOOGL   137.29 (+5.59%)
AMZN   146.95 (+1.68%)
TSLA   241.23 (+0.78%)
NVDA   464.65 (+2.11%)
NIO   7.50 (-3.23%)
BABA   72.28 (+1.11%)
AMD   128.24 (+9.78%)
T   17.08 (+0.83%)
F   10.86 (+1.59%)
MU   73.96 (+1.13%)
CGC   0.73 (+4.66%)
GE   119.16 (-0.54%)
DIS   92.61 (+1.21%)
AMC   6.88 (+1.33%)
PFE   28.74 (-0.17%)
PYPL   58.66 (-1.46%)
XOM   98.30 (-0.82%)
S&P 500   4,586.15 (+0.81%)
DOW   36,145.27 (+0.25%)
QQQ   391.25 (+1.61%)
AAPL   194.43 (+1.10%)
MSFT   370.93 (+0.58%)
META   327.22 (+3.08%)
GOOGL   137.29 (+5.59%)
AMZN   146.95 (+1.68%)
TSLA   241.23 (+0.78%)
NVDA   464.65 (+2.11%)
NIO   7.50 (-3.23%)
BABA   72.28 (+1.11%)
AMD   128.24 (+9.78%)
T   17.08 (+0.83%)
F   10.86 (+1.59%)
MU   73.96 (+1.13%)
CGC   0.73 (+4.66%)
GE   119.16 (-0.54%)
DIS   92.61 (+1.21%)
AMC   6.88 (+1.33%)
PFE   28.74 (-0.17%)
PYPL   58.66 (-1.46%)
XOM   98.30 (-0.82%)
S&P 500   4,586.15 (+0.81%)
DOW   36,145.27 (+0.25%)
QQQ   391.25 (+1.61%)
AAPL   194.43 (+1.10%)
MSFT   370.93 (+0.58%)
META   327.22 (+3.08%)
GOOGL   137.29 (+5.59%)
AMZN   146.95 (+1.68%)
TSLA   241.23 (+0.78%)
NVDA   464.65 (+2.11%)
NIO   7.50 (-3.23%)
BABA   72.28 (+1.11%)
AMD   128.24 (+9.78%)
T   17.08 (+0.83%)
F   10.86 (+1.59%)
MU   73.96 (+1.13%)
CGC   0.73 (+4.66%)
GE   119.16 (-0.54%)
DIS   92.61 (+1.21%)
AMC   6.88 (+1.33%)
PFE   28.74 (-0.17%)
PYPL   58.66 (-1.46%)
XOM   98.30 (-0.82%)
S&P 500   4,586.15 (+0.81%)
DOW   36,145.27 (+0.25%)
QQQ   391.25 (+1.61%)
AAPL   194.43 (+1.10%)
MSFT   370.93 (+0.58%)
META   327.22 (+3.08%)
GOOGL   137.29 (+5.59%)
AMZN   146.95 (+1.68%)
TSLA   241.23 (+0.78%)
NVDA   464.65 (+2.11%)
NIO   7.50 (-3.23%)
BABA   72.28 (+1.11%)
AMD   128.24 (+9.78%)
T   17.08 (+0.83%)
F   10.86 (+1.59%)
MU   73.96 (+1.13%)
CGC   0.73 (+4.66%)
GE   119.16 (-0.54%)
DIS   92.61 (+1.21%)
AMC   6.88 (+1.33%)
PFE   28.74 (-0.17%)
PYPL   58.66 (-1.46%)
XOM   98.30 (-0.82%)

Definity Financial Stock Price, News & Analysis (TSE:DFY)

C$36.75
-0.26 (-0.70%)
(As of 02:26 PM ET)
Compare
Today's Range
C$36.63
▼
C$37.41
50-Day Range
C$36.27
▼
C$39.50
52-Week Range
C$32.09
▼
C$40.15
Volume
46,794 shs
Average Volume
113,238 shs
Market Capitalization
C$4.26 billion
P/E Ratio
9.55
Dividend Yield
1.50%
Price Target
C$43.83
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlines

DFY stock logo

About Definity Financial Stock (TSE:DFY)

Definity Financial Corporation, together with its subsidiaries, offers property and casualty insurance products in Canada. It provides personal insurance products, including auto, property, general and umbrella liability, and pet insurance products to individuals under the Economical, Sonnet, Family, Petsecure, and Peppermint brands; and commercial insurance products which include fleet, commercial auto, property, liability, and specialty insurance products to businesses under the Economical brand name. The company distributes its products on a primarily intermediated basis, and through brokers, as well as directly to customers. Definity Financial Corporation was formerly known as Economical Holdings Corporation and changed its name to Definity Financial Corporation in August 2021. Definity Financial Corporation was founded in 1871 and is headquartered in Waterloo, Canada.

DFY Stock Price History

DFY Stock News Headlines

November 13, 2023 | finance.yahoo.com
Definity Financial Corporation Chief Executive Officer Rowan Saunders to hold virtual fireside chat with National Bank Financial
October 26, 2023 | finance.yahoo.com
Definity Financial Corporation to announce third quarter 2023 results on November 9, 2023 and hold its earnings conference call the following day
December 7, 2023 | Edge On The Street (Ad)
Henry Ford Would NEVER Have Seen This Coming
In 1908, Henry Ford used a metal called vanadium in his Model T cars. Over a century later, automakers still turn to vanadium to make car bodies lighter and stronger. Today, this under-appreciated metal plays the starring role in cutting-edge battery tech set to revolutionize the energy storage market.
October 18, 2023 | markets.businessinsider.com
Desjardins Maintains Their Hold Rating on Definity Financial Corp. (DFY)
October 6, 2023 | markets.businessinsider.com
Scotiabank Reaffirms Their Buy Rating on Definity Financial Corp. (DFY)
October 5, 2023 | finance.yahoo.com
DEFINITY RELEASES ESTIMATE OF FINANCIAL IMPACT FROM CATASTROPHE LOSSES FOR THE THIRD QUARTER OF 2023
October 3, 2023 | finance.yahoo.com
DEFINITY AND MCDOUGALL COMPLETE DRAYDEN ACQUISITION
September 27, 2023 | finance.yahoo.com
DEFINITY FINANCIAL CORPORATION ANNOUNCES $900,000 PARTNERSHIP RENEWAL WITH THE CANADIAN RED CROSS IN SUPPORT OF EMERGENCY PREPAREDNESS
December 7, 2023 | Autonomix (Ad)
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
September 6, 2023 | markets.businessinsider.com
BMO Capital Issues a Hold Rating on Definity Financial Corp. (DFY)
September 5, 2023 | finance.yahoo.com
DEFINITY LAUNCHES SONNET SHIFT: A NEW USAGE-BASED INSURANCE OFFERING GIVING CUSTOMERS CONTROL OF THEIR PREMIUMS
September 5, 2023 | finance.yahoo.com
DEFINITY RELEASES ESTIMATE OF FINANCIAL IMPACT FROM CATASTROPHE LOSSES
August 23, 2023 | markets.businessinsider.com
FFH, DFY, EQB: 3 “Strong Buy” Canadian Financial Stocks Analysts Love
August 7, 2023 | markets.businessinsider.com
Definity Financial Corp. (DFY) Gets a Hold Rating from BMO Capital
August 3, 2023 | finance.yahoo.com
Definity Financial Corporation Reports Second Quarter 2023 Results
August 1, 2023 | finance.yahoo.com
Earnings are growing at Definity Financial (TSE:DFY) but shareholders still don't like its prospects
July 20, 2023 | finance.yahoo.com
Definity Financial Corporation to announce second quarter 2023 results on August 3, 2023 and hold its earnings conference call the following day
June 13, 2023 | finance.yahoo.com
DEFINITY AND MCDOUGALL PARTNER TO ACQUIRE DRAYDEN AND EXPAND THEIR INSURANCE BROKER PLATFORM INTO ALBERTA
June 9, 2023 | finance.yahoo.com
Definity Financial Corporation (TSE:DFY) Looks Interesting, And It's About To Pay A Dividend
June 8, 2023 | theglobeandmail.com
At Definity, the future is for stockholders, not policyholders
May 24, 2023 | finance.yahoo.com
DEFINITY FINANCIAL CORPORATION SUPPORTS LOCAL CLIMATE RESILIENCE THROUGH PARTNERSHIP WITH GREEN COMMUNITIES CANADA IN SUPPORT OF THE LIVING CITIES CANADA FUND
May 19, 2023 | finance.yahoo.com
DEFINITY FINANCIAL CORPORATION ANNOUNCES ITS 2023 ANNUAL MEETING RESULTS
May 13, 2023 | markets.businessinsider.com
Barclays Remains a Buy on Definity Financial Corp. (DFY)
May 11, 2023 | finance.yahoo.com
Definity Financial Corporation Reports First Quarter 2023 Results
May 5, 2023 | theglobeandmail.com
Closing Bell: Definity Financial Corporation down on Thursday (DFY)
April 27, 2023 | finance.yahoo.com
Definity Financial Corporation to announce first quarter 2023 results on May 11, 2023 and hold its earnings conference call the following day
April 15, 2023 | theglobeandmail.com
Closing Bell: Definity Financial Corporation up on Friday (DFY)
See More Headlines
Receive DFY Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Definity Financial and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 9/28 Dividend
9/14/2023
Dividend Payable
9/28/2023
Last Earnings
11/09/2023
Today
12/07/2023
Ex-Dividend for 12/28 Dividend
12/14/2023
Dividend Payable
12/28/2023
Next Earnings (Estimated)
2/08/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Insurance - Property & Casualty
Sub-Industry
N/A
Sector
Financial Services
Current Symbol
TSE:DFY
CUSIP
N/A
CIK
N/A
Web
www.definityfc.com
Phone
N/A
Fax
N/A
Employees
3,555
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$43.83
High Stock Price Target
C$54.00
Low Stock Price Target
C$39.00
Potential Upside/Downside
+18.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$3.85
Trailing P/E Ratio
9.61
Forward P/E Ratio
13.73
P/E Growth
2.63
Net Income
C$450.30 million
Net Margins
11.23%
Pretax Margin
N/A
Return on Equity
18.08%
Return on Assets
4.86%

Debt

Debt-to-Equity Ratio
5.36
Current Ratio
20.67
Quick Ratio
0.31

Sales & Book Value

Annual Sales
C$4.01 billion
Price / Sales
1.07
Cash Flow
C$3.01 per share
Price / Cash Flow
12.31
Book Value
C$22.88 per share
Price / Book
1.62

Miscellaneous

Outstanding Shares
115,900,000
Free Float
N/A
Market Cap
C$4.29 billion
Optionable
Not Optionable
Beta
0.13
Metaverse Stocks And Why You Can't Ignore Them Cover
Metaverse Stocks And Why You Can't Ignore Them

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report

Key Executives

  • Mr. Rowan Saunders B.A. (Age 59)
    CEO, President & Director
    Comp: $3.45M
  • Mr. Philip Mather B.Sc. (Age 48)
    B.Sc. (Hons), C.A., CA, Executive VP & CFO
    Comp: $2.01M
  • Mr. Innes Fraser Dey B.Sc. (Hons) (Age 54)
    LL.B, Senior Vice-President of Legal & Strategy
    Comp: $1.26M
  • Mr. Fabian Richenberger (Age 56)
    Executive Vice-President of Commercial Insurance & Insurance Operations
    Comp: $2.18M
  • Mr. Paul MacDonald (Age 49)
    Executive Vice President of Personal Insurance & Digital Channels
    Comp: $1.78M
  • Ms. Tatjana Lalkovic (Age 55)
    Senior VP & CTO
  • Mr. Dennis Westfall MBA
    Head of Investor Relations
  • Ms. Sarah Attwells
    Assistant Vice President of Corporate Affairs
  • Ms. Brigid V. Pelino (Age 59)
    Senior VP and Chief People & Culture Officer
  • Mr. Liam McFarlane (Age 60)
    Chief Risk & Actuarial Officer

Key Competitors

View All Competitors














DFY Stock Analysis - Frequently Asked Questions

Should I buy or sell Definity Financial stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Definity Financial in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" DFY shares.
View DFY analyst ratings or view top-rated stocks.

What is Definity Financial's stock price target for 2024?

8 brokers have issued 12 month price targets for Definity Financial's shares. Their DFY share price targets range from C$39.00 to C$54.00. On average, they predict the company's stock price to reach C$43.83 in the next year. This suggests a possible upside of 18.2% from the stock's current price.
View analysts price targets for DFY or view top-rated stocks among Wall Street analysts.

How have DFY shares performed in 2023?

Definity Financial's stock was trading at C$38.48 at the start of the year. Since then, DFY stock has decreased by 3.6% and is now trading at C$37.08.
View the best growth stocks for 2023 here.

When is Definity Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024.
View our DFY earnings forecast.

How were Definity Financial's earnings last quarter?

Definity Financial Co. (TSE:DFY) released its quarterly earnings results on Thursday, November, 9th. The company reported $0.15 EPS for the quarter, beating the consensus estimate of ($0.03) by $0.18. The firm had revenue of $984.10 million for the quarter. Definity Financial had a net margin of 11.23% and a trailing twelve-month return on equity of 18.08%.

How often does Definity Financial pay dividends? What is the dividend yield for Definity Financial?

Definity Financial declared a quarterly dividend on Thursday, November 9th. Investors of record on Friday, December 15th will be paid a dividend of 0.138 per share on Thursday, December 28th. This represents a $0.55 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date is Thursday, December 14th.
Read our dividend analysis for DFY.

Is Definity Financial a good dividend stock?

Definity Financial (TSE:DFY) pays an annual dividend of C$0.55 per share and currently has a dividend yield of 1.50%. The dividend payout ratio is 14.29%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for DFY.

How do I buy shares of Definity Financial?

Shares of DFY stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:DFY) was last updated on 12/7/2023 by MarketBeat.com Staff

My Account -