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Trading Experts Call It “The Perfect Tesla Trade” (Ad)
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Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts

Intact Financial Stock Price, News & Analysis (TSE:IFC)

C$211.54
-0.55 (-0.26%)
(As of 12/6/2023 ET)
Compare
Today's Range
C$211.24
▼
C$214.68
50-Day Range
C$189.34
▼
C$212.17
52-Week Range
C$182.01
▼
C$214.68
Volume
267,358 shs
Average Volume
290,096 shs
Market Capitalization
C$37.72 billion
P/E Ratio
35.79
Dividend Yield
2.08%
Price Target
C$223.18
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades

Intact Financial MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
5.5% Upside
C$223.18 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.36mentions of Intact Financial in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.87 out of 5 stars

See Top Rated MarketRank™ Stocks Here

IFC stock logo

About Intact Financial Stock (TSE:IFC)

Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, and internationally. It offers personal auto insurance; insurance for motor homes, recreational vehicles, motorcycles, snowmobiles, and all-terrain vehicles; personal property insurance, such as protection for homes and contents from risks, including fire, theft, vandalism, water damage, and other damages, as well as personal liability coverage; and property coverage for tenants, condominium owners, non-owner-occupied residences, and seasonal residences, as well as travel insurance. The company also provides commercial line insurance coverages for a diversified group of businesses; commercial property insurance for the protection of physical assets of the business; and liability coverages comprising commercial general, product, and professional liability, as well as cyber coverage. In addition, it offers commercial vehicle insurance coverages for the protection of commercial auto, fleets, garage operations, light trucks, public vehicles, and the specific needs of the sharing economy. Further, the company provides various personal levels of coverage to customers for their home, motor, pet, and other insurance products; general insurance, specialty lines, and risk management solutions; specialty insurance products for various product and customer groups, including accident and health, technology, ocean and inland marine, builder's risk, and entertainment, as well as financial services and institutions; and various products to specialty property, surety, tuition reimbursement, management liability, and cyber and environmental institutions. The company was formerly known as ING Canada Inc. and changed its name to Intact Financial Corporation in 2009. Intact Financial Corporation was founded in 1809 and is based in Toronto, Canada.

IFC Stock Price History

IFC Stock News Headlines

December 6, 2023 | americanbankingnews.com
Intact Financial (TSE:IFC) Stock Crosses Above 200 Day Moving Average of $199.07
November 30, 2023 | msn.com
2 Outperforming Canadian Stocks Fit for All Seasons
December 7, 2023 | Edge On The Street (Ad)
Energy Storage Trend Ignites Frenzy Over Vanadium Supply
As the world shifts to renewables such as wind and solar, how will we store all this energy? Vanadium batteries are the breakthrough that some experts predict will be the future of grid-scale energy storage. The problem is, only 5% of vanadium is mined in the U.S. - and China and Russia have a stranglehold on our supply.
November 13, 2023 | finance.yahoo.com
Intact Financial Corporation Chief Executive Officer Charles Brindamour to hold Virtual Fireside Chat with BMO Capital Markets
November 10, 2023 | markets.businessinsider.com
BMO Capital Believes Intact Financial Corporation (IFC) Won’t Stop Here
November 7, 2023 | finance.yahoo.com
Intact Financial Corporation reports Q3-2023 results
October 28, 2023 | msn.com
2 Bargain Canadian Stocks to Stash in a TFSA Retirement Fund
October 19, 2023 | theglobeandmail.com
Closing Bell: Intact Financial Corp Pref Cl A down on Wednesday (IFC-PR-C)
December 7, 2023 | Edge On The Street (Ad)
Energy Storage Trend Ignites Frenzy Over Vanadium Supply
As the world shifts to renewables such as wind and solar, how will we store all this energy? Vanadium batteries are the breakthrough that some experts predict will be the future of grid-scale energy storage. The problem is, only 5% of vanadium is mined in the U.S. - and China and Russia have a stranglehold on our supply.
October 19, 2023 | finance.yahoo.com
Intact Financial Corporation approved to complete purchase of Direct Line Insurance Group plc's brokered Commercial Lines operations
October 18, 2023 | theglobeandmail.com
Closing Bell: Intact Financial Corp Pref Shares Ser 7 flat on Tuesday (IFC-PR-G)
October 13, 2023 | baystreet.ca
Intact Financial Reports Q3 Catastrophe Losses Of $611 Million
October 13, 2023 | msn.com
Intact Financial estimates total Q3 catastrophe losses of C$611 million
October 7, 2023 | theglobeandmail.com
Closing Bell: Intact Financial Corp Pref Cl A flat on Friday (IFC-PR-C)
October 6, 2023 | reuters.com
Aviva weighs bid for RSA's UK consumer unit -sources
October 3, 2023 | theglobeandmail.com
Closing Bell: Intact Financial Corp Pref Cl A down on Tuesday (IFC-PR-C)
September 28, 2023 | theglobeandmail.com
Closing Bell: Intact Financial Corp Pref Cl A up on Thursday (IFC-PR-C)
September 27, 2023 | investing.com
Intact Financial Corp (IFC_pg)
September 27, 2023 | theglobeandmail.com
Closing Bell: Intact Financial Corp Pref Cl A up on Wednesday (IFC-PR-C)
September 26, 2023 | tmcnet.com
AM Best Assigns Issue Credit Rating to Intact Financial Corporation's Senior Unsecured Medium-Term Notes
September 26, 2023 | msn.com
IFC Invests $3.4mn in prominent Ivorian e-commerce platform ANKA
September 21, 2023 | theglobeandmail.com
Closing Bell: Intact Financial Corp Pref Shares Ser 6 up on Wednesday (IFC-PR-F)
September 20, 2023 | seekingalpha.com
IFC.PR.A:CA
September 15, 2023 | theglobeandmail.com
Closing Bell: Intact Financial Corp flat on Friday (IFC-PR-K)
September 14, 2023 | barrons.com
Intact Financial Corp. Pfd. C
September 14, 2023 | finance.yahoo.com
Unveiling Intact Financial Corp's Dividend Dynamics: A Comprehensive Analysis
September 14, 2023 | theglobeandmail.com
Closing Bell: Intact Financial Corp down on Wednesday (IFC-PR-K)
See More Headlines
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Company Calendar

Ex-Dividend for 9/29 Dividend
9/14/2023
Dividend Payable
9/29/2023
Last Earnings
11/07/2023
Today
12/06/2023
Ex-Dividend for 12/29 Dividend
12/14/2023
Dividend Payable
12/29/2023
Next Earnings (Estimated)
2/06/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Insurance - Property & Casualty
Sub-Industry
N/A
Sector
Financial Services
Current Symbol
TSE:IFC
CUSIP
N/A
CIK
N/A
Web
www.intactfc.com
Phone
+1-514-9877111
Fax
N/A
Employees
28,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$223.18
High Stock Price Target
C$235.00
Low Stock Price Target
C$207.00
Potential Upside/Downside
+5.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
8 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$5.91
Trailing P/E Ratio
35.79
Forward P/E Ratio
14.93
P/E Growth
2.01
Net Income
C$1.04 billion
Net Margins
5.54%
Pretax Margin
N/A
Return on Equity
7.22%
Return on Assets
1.88%

Debt

Debt-to-Equity Ratio
35.57
Current Ratio
0.42
Quick Ratio
0.28

Sales & Book Value

Annual Sales
C$20 billion
Price / Sales
1.89
Cash Flow
C$17.64 per share
Price / Cash Flow
11.99
Book Value
C$78.90 per share
Price / Book
2.68

Miscellaneous

Outstanding Shares
178,320,000
Free Float
N/A
Market Cap
C$37.72 billion
Optionable
Not Optionable
Beta
0.57
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Key Executives

  • Mr. Charles Joseph Gaston Brindamour B.Sc. (Age 53)
    CEO & Director
    Comp: $4.19M
  • Mr. Louis Marcotte (Age 58)
    Executive VP & CFO
    Comp: $1.55M
  • Dr. Louis Gagnon MBA
    Chief Executive Officer of Canada
  • Mr. Timothy Michael Miller (Age 64)
    Chief Executive Officer of Global Specialty Lines
    Comp: $3.27M
  • Mr. Kenneth Norgrove (Age 54)
    Chief Executive Officer of RSA, UK & International
    Comp: $2.8M
  • Mr. Patrick Barbeau
    Executive VP & COO
  • Mr. David W. Tremblay
    Deputy Senior VP & Chief Investment Officer of Intact Investment Management Inc
  • Mr. Shubha Rahman Khan
    Vice President of Investor Relations
  • Mr. Frederic Cotnoir
    Executive VP, Chief Legal Officer & Secretary
  • Ms. Anne Fortin
    Executive VP of Direct Distribution and Chief Marketing & Communications Officer

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

Should I Buy Intact Financial Stock? IFC Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Intact Financial was last updated on Tuesday, November 28, 2023 at 10:14 AM.

Pros

Here are some ways that investors could benefit from investing in Intact Financial Co.:

  • Intact Financial Co. provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, and internationally. This diversification of markets can provide stability and potential growth opportunities for investors.
  • Intact Financial Co. offers a wide range of insurance products, including personal auto insurance, property insurance, commercial line insurance, and specialty insurance products. This diverse product portfolio allows the company to cater to various customer needs and potentially capture a larger market share.
  • Intact Financial Co. has recently been approved to complete the purchase of Direct Line Insurance Group plc's brokered Commercial Lines operations. This acquisition can potentially expand the company's business and increase its market presence.
  • Intact Financial Co. has a long history, being founded in 1809. This demonstrates the company's stability and ability to adapt to changing market conditions over time.
  • The current stock price of Intact Financial Co. is a relevant factor for investors to consider. Please refer to the latest financial data for the most up-to-date stock price information.

Cons

Investors should be bearish about investing in Intact Financial Co. for these reasons:

  • Insurance companies, including Intact Financial Co., are subject to various risks, such as natural disasters, economic downturns, and regulatory changes. These risks can impact the company's financial performance and profitability.
  • The insurance industry is highly competitive, with many players vying for market share. Intact Financial Co. may face challenges in maintaining or growing its market position in the face of intense competition.
  • Investors should carefully consider the financial terms and metrics relevant to the insurance industry, such as underwriting profit, combined ratio, and loss ratio. These metrics can provide insights into the company's financial health and performance.
  • Changes in interest rates can affect the investment income of insurance companies. Investors should monitor interest rate trends and their potential impact on Intact Financial Co.'s earnings.
  • Investors should conduct thorough research and analysis of Intact Financial Co.'s financial statements, including its revenue, net income, and return on equity, to assess the company's financial strength and profitability.














IFC Stock Analysis - Frequently Asked Questions

Should I buy or sell Intact Financial stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Intact Financial in the last twelve months. There are currently 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" IFC shares.
View IFC analyst ratings or view top-rated stocks.

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

8 Wall Street research analysts have issued 12 month target prices for Intact Financial's stock. Their IFC share price targets range from C$207.00 to C$235.00. On average, they anticipate the company's stock price to reach C$223.18 in the next twelve months. This suggests a possible upside of 5.5% from the stock's current price.
View analysts price targets for IFC or view top-rated stocks among Wall Street analysts.

How have IFC shares performed in 2023?

Intact Financial's stock was trading at C$194.91 on January 1st, 2023. Since then, IFC stock has increased by 8.5% and is now trading at C$211.54.
View the best growth stocks for 2023 here.

When is Intact Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 6th 2024.
View our IFC earnings forecast.

How were Intact Financial's earnings last quarter?

Intact Financial Co. (TSE:IFC) released its quarterly earnings results on Tuesday, November, 7th. The company reported $2.10 earnings per share for the quarter, beating analysts' consensus estimates of $1.51 by $0.59. The company had revenue of $6.39 billion for the quarter. Intact Financial had a trailing twelve-month return on equity of 7.22% and a net margin of 5.54%.

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

Intact Financial declared a quarterly dividend on Tuesday, November 7th. Investors of record on Friday, December 15th will be given a dividend of 1.10 per share on Friday, December 29th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.08%. The ex-dividend date of this dividend is Thursday, December 14th.
Read our dividend analysis for IFC.

Is Intact Financial a good dividend stock?

Intact Financial (TSE:IFC) pays an annual dividend of C$4.40 per share and currently has a dividend yield of 2.09%. The dividend payout ratio is 74.45%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for IFC.

What other stocks do shareholders of Intact Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Intact Financial investors own include Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Rogers Communications (RCI), Open Text (OTEX), Valeant Pharmaceuticals International (VRX) and Toronto-Dominion Bank (TD).

How do I buy shares of Intact Financial?

Shares of IFC 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:IFC) was last updated on 12/7/2023 by MarketBeat.com Staff

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