How have IAG shares performed this year?

iA Financial's stock was trading at C$90.33 on January 1st, 2024. Since then, IAG stock has increased by 1.3% and is now trading at C$91.50. View the best growth stocks for 2024 here .

How were iA Financial's earnings last quarter?

iA Financial Co. Inc. (TSE:IAG) announced its quarterly earnings data on Thursday, May, 9th. The company reported $2.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.38 by $0.06. The business earned $1.60 billion during the quarter. iA Financial had a trailing twelve-month return on equity of 10.54% and a net margin of 9.25%.

How do I buy shares of iA Financial?

Shares of IAG 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 .

What other stocks do shareholders of iA Financial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that iA Financial investors own include Bank of America (BAC) , Air Canada (AC) , Toronto-Dominion Bank (TD) , Cimarex Energy (XEC) , BCE (BCE) , Cenovus Energy (CVE) and Intelsat (I) .

TSE:IAG

iA Financial (IAG) Stock Price, News & Analysis

C$91.50

+0.90 (+0.99%)

(As of 07/26/2024 ET)

Compare

Today's Range: C$90.72
▼
C$91.77
50-Day Range: C$84.53
▼
C$93.51
52-Week Range: C$77.61
▼
C$94.25

Volume: 187,676 shs
Average Volume: 273,984 shs
Market Capitalization: C$9.00 billion

P/E Ratio: 12.64
Dividend Yield: 3.58%
Price Target: C$89.94

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

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iA Financial MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.86 Rating Score
Upside/Downside: 1.7% Downside
C$89.94 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.01
Based on 12 Articles This Week
Insider Trading: Selling Shares
C$2.85 M Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.88 out of 5 stars

1.4

Analyst's Opinion

Consensus Rating
iA Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
iA Financial has only been the subject of 1 research reports in the past 90 days.
Read more about iA Financial's stock forecast and price target.

N/A

Short Interest

Short Interest
There is no current short interest data available for IAG.

2.5

Dividend Strength

Dividend Leadership
iA Financial is a leading dividend payer. It pays a dividend yield of 3.54%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
iA Financial does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of iA Financial is 45.30%. This payout ratio is at a healthy, sustainable level, below 75%.
Read more about iA Financial's dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for IAG.

1.7

News and Social Media Coverage

News Sentiment
iA Financial has a news sentiment score of -0.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.72 average news sentiment score of Financial Services companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for iA Financial this week, compared to 1 article on an average week.
Search Interest
Only 11 people have searched for IAG on MarketBeat in the last 30 days. This is a decrease of -42% compared to the previous 30 days.
MarketBeat Follows
3 people have added iA Financial to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, iA Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$2,850,330.00 in company stock.
Percentage Held by Insiders
Only 0.09% of the stock of iA Financial is held by insiders.
Percentage Held by Institutions
48.34% of the stock of iA Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Read more about iA Financial's insider trading history.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of iA Financial is 12.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.60.
Price to Earnings Ratio vs. Sector
The P/E ratio of iA Financial is 12.64, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 485.99.
Price to Earnings Growth Ratio
iA Financial has a PEG Ratio of 1.26. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
iA Financial has a P/B Ratio of 1.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
Read more about iA Financial's valuation and earnings.

See Top Rated MarketRank™ Stocks Here

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About iA Financial Stock (TSE:IAG)

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. It also offers savings plans, retirement funds and segregated funds, securities brokerage services, trust operations, and mutual funds. In addition, the company provides car, life, RV, mortgage, disability, travel, medical and paramedical care, vision and dental care, accidental death and dismemberment, transit, and critical illness insurance products. Further, it offers investments; registered retirement income and life income funds, and annuities; registered education savings plans; investment funds; wealth management solutions; and registered retirement and education savings plan, auto, and investment loans. Additionally, the company owns and manages real estate portfolio of commercial space for lease for offices, businesses, etc.; and manufactures and distributes automobile protection products, as well as provides vehicle warranty and related software and services; digital property and casualty insurance distribution services; life insurance and mutual fund brokerage services; and automobile warranty services. iA Financial Corporation Inc. was founded in 1892 and is headquartered in Quebec City, Canada.

IAG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

IAG Stock News Headlines

July 26 at 10:46 PM | omaha.com

The West may be gone, but Iowa plans Big Ten and College Football Playoff run

July 26 at 10:46 PM | bloomberg.com

IAG’s Air Europa Deal on Verge of Collapse After EU Pushback

July 26, 2024 | Stansberry Research (Ad)

Former Hedge Fund Manager Issues Crash Prediction

Our No. 1 stock for the rare "millionaire window" opening NOW According to Wall Street legend Whitney Tilson, an extremely rare window in the markets is about to open. It's an often-misunderstood market setup we've only seen 13 times since 1920. The last time this happened, it minted a million brand-new millionaires – in a single year. But Tilson says this unique window in the markets could close much sooner than anyone realizes, leaving most investors in the dust, while making a select few incredibly rich.

July 23 at 11:03 AM | msn.com

Here’s why the EasyJet and IAG share prices are sinking

July 23 at 11:03 AM | finance.yahoo.com

Conference call notice - iA Financial Group announces date of 2024 second quarter earnings results

July 22, 2024 | americanbankingnews.com

Brokers Offer Predictions for iA Financial Co. Inc.'s Q2 2024 Earnings (TSE:IAG)

July 21, 2024 | uk.investing.com

iA Financial Corporation Inc (IAG)

July 21, 2024 | americanbankingnews.com

iA Financial Co. Inc. (TSE:IAG) Receives C$89.94 Average PT from Brokerages

July 26, 2024 | Stansberry Research (Ad)

Former Hedge Fund Manager Issues Crash Prediction

May 21, 2024 | finance.yahoo.com

iA Financial (TSE:IAG) Has Announced A Dividend Of CA$0.82

May 10, 2024 | morningstar.com

iA Financial Corp Inc IAG

May 10, 2024 | finance.yahoo.com

iA Financial First Quarter 2024 Earnings: EPS: CA$2.35 (vs CA$2.57 in 1Q 2023)

May 9, 2024 | marketwatch.com

IA Financial Increases Share Buyback Plans

May 9, 2024 | finance.yahoo.com

iA Financial Group Announces an Amendment to its Normal Course Issuer Bid

May 7, 2024 | sports.yahoo.com

Illinois falls to Iowa, claims final spot in Big Ten Tournament

May 5, 2024 | sports.yahoo.com

Illinois falls to Iowa on Senior Day

April 26, 2024 | finance.yahoo.com

Major partnership between iA Financial Group and HEC Montréal: $1M donation to support research into sustainable finance

April 25, 2024 | finance.yahoo.com

Conference call notice - iA Financial Group announces date of 2024 first quarter earnings results and Annual Meeting

See More Headlines

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Company Calendar

Last Earnings: 5/09/2024
Ex-Dividend for 6/17 Dividend: 5/23/2024
Dividend Payable: 6/17/2024
Today: 7/26/2024
Next Earnings (Confirmed): 8/06/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Financial Services
Industry: Insurance - Diversified
Sub-Industry: Precious Metals
Current Symbol: TSE:IAG
CUSIP: N/A
CIK: N/A
Web: ia.ca
Phone: +1-418-6845000
Fax: N/A
Employees: 5,360
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$89.94
High Stock Price Target: C$110.00
Low Stock Price Target: C$4.50
Potential Upside/Downside: -1.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.86
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$7.24
Trailing P/E Ratio: 12.64
Forward P/E Ratio: 8.88
P/E Growth: 1.26
Net Income: C$732 million
Net Margins: 9.25%
Pretax Margin: N/A
Return on Equity: 10.54%
Return on Assets: 0.68%

Debt

Debt-to-Equity Ratio: 46.17
Current Ratio: 2.31
Quick Ratio: 0.17

Sales & Book Value

Annual Sales: C$8.11 billion
Price / Sales: 1.11
Cash Flow: C$20.04 per share
Price / Cash Flow: 4.57
Book Value: C$68.97 per share
Price / Book: 1.33

Miscellaneous

Outstanding Shares: 98,350,000
Free Float: N/A
Market Cap: C$9.00 billion
Optionable: Not Optionable
Beta: 1.11

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Key Executives

Mr. Denis Yves Ricard B.Sc. (Age 62)
F.S.A., FCIA, CEO, President & Director
Comp: $2.24M
Mr. Eric Jobin B.Sc.
F.S.A., FCIA, Executive VP, CFO, & Chief Actuary
Mr. Alain Bergeron M.Sc.
Executive VP & Chief Investment Officer
Mr. Michael Lee Stickney B.S.
C.F.A., F.S.A., FCIA, M.B.A., Executive VP, Chief Growth Officer US Operations & Co-Head of Acquisitions
Mr. Pierre C. Miron (Age 66)
Executive VP & Chief Growth Officer Canadian Operations
Comp: $1.24M
Ms. Manon Gauthier CPA
CA, CFA, Senior Vice-President of Administration, Individual Savings & Retirement
Ms. Marie-Annick Bonneau
Head of Investor Relations
Pierre Picard
Manager of Public Relations
Mr. Gary J. Coles
Senior Vice President of Administration & Group Insurance
Mr. Paul R. Grimes C.L.U.
CFP, ChFC, Senior VP of Distribution Independent Advisor Network Individual Insurance, Savings & Retirement

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

IAG Stock Analysis - Frequently Asked Questions

How have IAG shares performed this year?: iA Financial's stock was trading at C$90.33 on January 1st, 2024. Since then, IAG stock has increased by 1.3% and is now trading at C$91.50.
View the best growth stocks for 2024 here.
How were iA Financial's earnings last quarter?: iA Financial Co. Inc. (TSE:IAG) announced its quarterly earnings data on Thursday, May, 9th. The company reported $2.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.38 by $0.06. The business earned $1.60 billion during the quarter. iA Financial had a trailing twelve-month return on equity of 10.54% and a net margin of 9.25%.
How do I buy shares of iA Financial?: Shares of IAG 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.
What other stocks do shareholders of iA Financial own?: Based on aggregate information from My MarketBeat watchlists, some other companies that iA Financial investors own include Bank of America (BAC), Air Canada (AC), Toronto-Dominion Bank (TD), Cimarex Energy (XEC), BCE (BCE), Cenovus Energy (CVE) and Intelsat (I).