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TSE:IFC

Intact Financial (IFC) Stock Price, News & Analysis

C$255.27
+3.43 (+1.36%)
(As of 09/20/2024 ET)

About Intact Financial Stock (TSE:IFC)

Key Stats

Today's Range
C$250.52
C$255.47
50-Day Range
C$237.67
C$256.02
52-Week Range
C$188.27
C$263.74
Volume
1.15 million shs
Average Volume
289,868 shs
Market Capitalization
C$45.53 billion
P/E Ratio
22.51
Dividend Yield
1.90%
Price Target
C$264.40
Consensus Rating
Moderate Buy

Company Overview

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.

Intact Financial Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 48th Percentile

Intact Financial scored higher than 48% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Intact Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Intact Financial has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Intact Financial's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Intact Financial is 22.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.55.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Intact Financial is 22.51, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 423.36.

  • Price to Earnings Growth Ratio

    Intact Financial has a PEG Ratio of 2.01. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Intact Financial has a P/B Ratio of 2.85. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Intact Financial's valuation and earnings.
  • Short Interest

    There is no current short interest data available for IFC.
  • Dividend Yield

    Intact Financial pays a meaningful dividend of 1.91%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Intact Financial does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Intact Financial is 42.68%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Intact Financial's dividend.
  • Short Interest

    There is no current short interest data available for IFC.
  • News Sentiment

    Intact Financial has a news sentiment score of 0.46. 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 news sentiment score is similar to the average news sentiment of Financial Services companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Intact Financial this week, compared to 2 articles on an average week.
  • Search Interest

    5 people have searched for IFC on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Intact 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$1,017,759.00 in company stock.

  • Percentage Held by Insiders

    Only 0.24% of the stock of Intact Financial is held by insiders.

  • Percentage Held by Institutions

    54.91% of the stock of Intact Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Intact Financial's insider trading history.
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IFC Stock News Headlines

Amazon: Intact Dual Market Leadership
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See More Headlines

IFC Stock Analysis - Frequently Asked Questions

Intact Financial's stock was trading at C$203.86 on January 1st, 2024. Since then, IFC shares have increased by 25.2% and is now trading at C$255.27.
View the best growth stocks for 2024 here
.

Intact Financial Co. (TSE:IFC) released its earnings results on Tuesday, July, 30th. The company reported $4.86 EPS for the quarter, topping analysts' consensus estimates of $3.61 by $1.25. The firm had revenue of $7.07 billion for the quarter, compared to analysts' expectations of $7.64 billion. Intact Financial had a trailing twelve-month return on equity of 12.93% and a net margin of 7.14%.

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.

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).

Company Calendar

Ex-Dividend for 6/28 Dividend
6/14/2024
Dividend Payable
6/28/2024
Last Earnings
7/30/2024
Ex-Dividend for 9/27 Dividend
9/13/2024
Today
9/20/2024
Dividend Payable
9/27/2024
Next Earnings (Estimated)
11/05/2024

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$264.40
High Stock Price Target
C$282.00
Low Stock Price Target
C$243.00
Potential Upside/Downside
+3.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
10 Analysts

Profitability

Net Income
C$2.02 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$29.55 billion
Cash Flow
C$21.29 per share
Book Value
C$89.67 per share

Miscellaneous

Free Float
N/A
Market Cap
C$45.53 billion
Optionable
Not Optionable
Beta
0.57
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Should I Buy Intact Financial Stock? IFC Pros and Cons Explained

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, September 8, 2024. Please send any questions or comments about these Intact Financial pros and cons to contact@marketbeat.com.

Intact Financial
Bull Case

green Wall Street bull icon

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

  • Intact Financial Co. has received a consensus rating of "Moderate Buy" from analysts, with a majority of buy ratings, indicating positive sentiment towards the company's performance and potential growth.
  • Recent insider selling activities suggest that company insiders have confidence in Intact Financial Co.'s future prospects, which can be seen as a positive indicator for investors.
  • Intact Financial Co. reported strong earnings results, beating the consensus estimate by C$1.25 per share, showcasing the company's financial strength and profitability.
  • The average 1-year target price among analysts covering Intact Financial Co. is C$265.50, indicating potential upside in the stock price based on current market evaluations.
  • Intact Financial Co. has a diversified geographical presence, operating in Canada, the United States, the United Kingdom, and internationally, which can provide stability and growth opportunities.

Intact Financial
Bear Case

red Wall Street bear icon

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

  • Recent insider selling activities, with significant shares being sold by senior officers, may raise concerns about the company's future performance or potential challenges ahead.
  • Intact Financial Co. has a relatively high debt-to-equity ratio of 31.26, which could indicate higher financial leverage and associated risks for investors in case of economic downturns or market fluctuations.
  • The company's stock price has been fluctuating around the C$250 range, which may suggest volatility in the stock and uncertainty in its short-term price movements.
  • Intact Financial Co.'s quick ratio of 0.28 and current ratio of 0.36 may raise liquidity concerns among investors, as lower ratios could indicate potential difficulties in meeting short-term obligations.
  • While the company has shown profitability, the net margin of 7.14% may be considered relatively low compared to industry peers, potentially impacting overall returns for investors.

This page (TSE:IFC) was last updated on 9/20/2024 by MarketBeat.com Staff
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