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TSE:IFC

Intact Financial (IFC) Stock Price, News & Analysis

C$244.71
+3.84 (+1.59%)
(As of 07/26/2024 ET)
Today's Range
C$241.37
C$245.22
50-Day Range
C$219.30
C$244.71
52-Week Range
C$188.22
C$245.22
Volume
107,468 shs
Average Volume
293,055 shs
Market Capitalization
C$43.63 billion
P/E Ratio
28.42
Dividend Yield
1.98%
Price Target
C$249.73

Intact Financial MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
2.1% Upside
C$249.73 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.59mentions of Intact Financial in the last 14 days
Based on 24 Articles This Week
Insider Trading
Selling Shares
C$7.38 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.

1.95 out of 5 stars

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. The company offers insurance, such as personal auto which provides coverage from accidents, third party liability, and physical damage; personal property which provides protection for homes and contents from risks, including fire, theft, vandalism, water damages, other damages, and personal liability; and commercial line and specialty line insurance which provides commercial auto, property, and liability coverages. It also provides pet and business insurance, as well as provides risk management solutions. The company serves its products to 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. It offers specialty insurance products including travel insurance, brokers, direct to consumer, agencies, wholesalers, affinity group, Intact Prestige, and managing general agent platform. 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

“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Intact Financial (IFC) Set to Announce Earnings on Tuesday
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Ex-Dividend for 6/28 Dividend
6/14/2024
Dividend Payable
6/28/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/30/2024

Industry, Sector and Symbol

Industry
Insurance - Property & Casualty
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
30,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$249.73
High Stock Price Target
C$272.00
Low Stock Price Target
C$207.00
Potential Upside/Downside
+2.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
C$1.53 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$29.04 billion
Cash Flow
C$20.41 per share
Book Value
C$86.42 per share

Miscellaneous

Free Float
N/A
Market Cap
C$43.63 billion
Optionable
Not Optionable
Beta
0.53
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Key Executives

  • Mr. Charles Joseph Gaston Brindamour B.Sc. (Age 54)
    CEO & Director
    Comp: $4.23M
  • Mr. Louis Marcotte (Age 59)
    Executive VP & CFO
    Comp: $1.53M
  • Dr. Louis Gagnon MBA
    Chief Executive Officer of Canada
  • Mr. Timothy Michael Miller (Age 65)
    Chief Executive Officer of Global Specialty Lines
    Comp: $2.83M
  • Mr. Kenneth Norgrove (Age 55)
    Chief Executive Officer of U.K.&I
    Comp: $2.22M
  • Mr. Patrick Barbeau
    Executive VP & COO
  • Mr. Shubha Rahman Khan
    Vice President of Investor Relations
  • Mr. Frederic Cotnoir
    Executive VP, Chief Legal Officer & Secretary
  • Ms. Imen Zitouni
    Senior VP & Chief Marketing Officer
  • Ms. Carla Smith
    Executive VP and Chief People, Strategy & Climate Officer

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

Pros

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

  • Intact Financial Co. reported strong quarterly earnings with an EPS of C$3.63, surpassing analysts' estimates by C$0.20. This indicates the company's profitability and potential for growth.
  • The company has a solid return on equity of 10.00%, showcasing its ability to generate profit from shareholders' equity.
  • Intact Financial Co. has a consistent dividend payout, with a quarterly dividend of $1.21 per share, providing investors with a steady income stream.
  • Insider selling activity may not always be negative; it can indicate that insiders are taking profits due to a positive outlook on the company's future performance.
  • Analysts have assigned a "Moderate Buy" rating to Intact Financial Co., with a consensus target price of C$247.30, suggesting potential upside for investors.

Cons

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

  • Intact Financial Co.'s stock price has experienced fluctuations, trading down to C$228.01 recently. Investors should consider the volatility in the stock price before making investment decisions.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, July 7, 2024. Please send any questions or comments about these Intact Financial pros and cons to contact@marketbeat.com.

IFC Stock Analysis - Frequently Asked Questions

How have IFC shares performed this year?

Intact Financial's stock was trading at C$203.86 on January 1st, 2024. Since then, IFC stock has increased by 20.0% and is now trading at C$244.71.
View the best growth stocks for 2024 here
.

How were Intact Financial's earnings last quarter?

Intact Financial Co. (TSE:IFC) posted its quarterly earnings data on Tuesday, May, 7th. The company reported $3.63 EPS for the quarter, beating analysts' consensus estimates of $3.43 by $0.20. The business had revenue of $7.06 billion for the quarter, compared to analyst estimates of $8.33 billion. Intact Financial had a net margin of 5.55% and a trailing twelve-month return on equity of 10.00%.

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.

What other stocks do shareholders of Intact Financial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Intact Financial investors own include Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Wheaton Precious Metals (WPM) and Rogers Communications (RCI).

This page (TSE:IFC) was last updated on 7/26/2024 by MarketBeat.com Staff

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