TSE:IFC

Intact Financial - IFC Stock Forecast, Price & News

C$189.12

-0.28 (-0.15%)

(As of 03/20/2023 12:00 AM ET)

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Today's Range: C$188.15
▼
C$190.32
50-Day Range: C$186.68
▼
C$202.70
52-Week Range: C$170.82
▼
C$209.57

Volume: 296,408 shs
Average Volume: 350,034 shs
Market Capitalization: C$33.15 billion

P/E Ratio: 14.04
Dividend Yield: 2.12%
Price Target: C$224.20

Intact Financial MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.83 Rating Score
Upside/Downside: 18.5% Upside
C$224.20 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
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.

1.77 out of 5 stars

2.4

Analyst's Opinion

Consensus Rating
Intact Financial has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$224.20, Intact Financial has a forecasted upside of 18.5% from its current price of C$189.12.
Amount of Analyst Coverage
Intact Financial has only been the subject of 4 research reports in the past 90 days.

N/A

Short Interest

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

1.7

Dividend Strength

Dividend Yield
Intact Financial pays a meaningful dividend of 2.12%, 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 29.70%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

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

1.9

News and Social Media Coverage

News Sentiment
Intact Financial has a news sentiment score of 0.37. 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 Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Intact Financial this week, compared to 1 article on an average week.
Search Interest
Only 4 people have searched for IFC on MarketBeat in the last 30 days. This is a decrease of -69% compared to the previous 30 days.
MarketBeat Follows
6 people have added Intact Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Intact Financial insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.22% of the stock of Intact Financial is held by insiders.
Percentage Held by Institutions
48.68% of the stock of Intact Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Intact Financial is 14.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.92.
Price to Earnings Ratio vs. Sector
The P/E ratio of Intact Financial is 14.04, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 144.16.
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 2.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Intact Financial (TSE:IFC) Stock

Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, Ireland, rest of Europe, and the Middle East. 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. The company also provides insurance products for commercial lines for a group of small and medium sized 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 endorsement. In addition, it offers commercial vehicle insurance coverages for the protection for 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, public entities, and entertainment, as well as financial services and institutions; and various products to specialty property, surety, tuition reimbursement, management liability, 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.

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IFC Stock News Headlines

March 16, 2023 | americanbankingnews.com

Intact Financial Co. (TSE:IFC) Receives C$224.20 Consensus Target Price from Analysts

March 13, 2023 | americanbankingnews.com

Intact Financial Co. (TSE:IFC) Declares Dividend Increase - $1.10 Per Share

March 21, 2023 | Oxford Club (Ad)

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March 7, 2023 | msn.com

Just Released: The 5 Best Stocks to Buy in March 2023 [PREMIUM PICKS]

March 7, 2023 | finance.yahoo.com

Intact Financial Corporation Completes $300 million Limited Recourse Capital Notes Offering

March 5, 2023 | theglobeandmail.com

Intact Financial: Stocks Undervalued by Analyst Consensus on TSX (IFC)

March 1, 2023 | finance.yahoo.com

Intact Financial Corporation Announces $300 million Limited Recourse Capital Notes Offering

March 1, 2023 | finance.yahoo.com

AM Best Comments on Credit Ratings of Intact Financial Corporation and Subsidiaries Following UK Pension Buy-In Transaction

March 21, 2023 | Behind the Markets (Ad)

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February 15, 2023 | msn.com

IFC leads $17M investment in South African insurtech Naked

February 7, 2023 | msn.com

Intact Financial Non-GAAP EPS of C$3.34, Direct premiums written of C$5.53B

January 26, 2023 | finance.yahoo.com

Media Advisory - Intact Financial Corporation to announce 2022 fourth quarter results on February 7, 2023 and hold earnings conference call the following day

January 24, 2023 | theglobeandmail.com

Mutual fund managers like these Canadian stocks. Hint: Shopify isn’t one of them

January 14, 2023 | wsj.com

Intact Financial Corp. 5.20% Non-Cum. Redeem. Pfd. A Series 5

December 22, 2022 | fool.ca

3 TSX Stocks I’d Buy for Passive Income and Double the Value

December 21, 2022 | fool.ca

Beat the Market? 2 Trusty TSX Stocks With a Proven Track Record

December 21, 2022 | finance.yahoo.com

Intact Financial Corporation and its employees raise over $4.5 million to support vulnerable communities across the country

December 2, 2022 | msn.com

3 Quiet TSX Stock Winners You’ll Wish You Knew About Earlier

December 1, 2022 | finance.yahoo.com

Intact Financial Corporation Announces Conversion Right of Series 1 Preferred Shares, and Dividend Rates on Series 1 and Series 2 Preferred Shares

November 9, 2022 | finance.yahoo.com

Intact Financial Corporation Chief Executive Officer Charles Brindamour to hold Virtual Fireside Chat with Desjardins

November 8, 2022 | msn.com

Intact Financial reports net income of $370M

November 8, 2022 | theglobeandmail.com

Intact Financial reports net income of $370-million

November 8, 2022 | finance.yahoo.com

Intact Financial Corporation reports Q3-2022 results

September 29, 2022 | msn.com

3 Portfolio Boosters to Hold for at Least 1 Decade

September 26, 2022 | finance.yahoo.com

Intact Financial Corporation donates $150,000 to the Canadian Red Cross to help with relief efforts following Hurricane Fiona

September 19, 2022 | finance.yahoo.com

Media Advisory - Intact Financial Corporation to host Investor Day on September 22

September 8, 2022 | baystreet.ca

Intact, Turquoise, Tearlach, Waste Connections all at 52-Week Highs

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IFC Company Calendar

Ex-Dividend for 3/31 Dividend: 3/14/2023
Today: 3/20/2023
Dividend Payable: 3/31/2023
Next Earnings (Estimated): 5/09/2023

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Insurance - Property & Casualty
Sub-Industry: N/A
Sector: Finance
Current Symbol: TSE:IFC
CUSIP: N/A
CIK: N/A
Web: www.intactfc.com
Phone: +1-514-9877111
Fax: N/A
Employees: 26,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$224.20
High Stock Price Forecast: C$240.00
Low Stock Price Forecast: C$207.00
Forecasted Upside/Downside: +18.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.83
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$13.47
Trailing P/E Ratio: 14.04
Forward P/E Ratio: 15.43
P/E Growth: 2.01
Net Income: C$2.36 billion
Net Margins: 11.40%
Pretax Margin: N/A
Return on Equity: 14.91%
Return on Assets: 2.91%

Debt

Debt-to-Equity Ratio: 32.89
Current Ratio: 0.68
Quick Ratio: 0.28

Sales & Book Value

Annual Sales: C$21.26 billion
Price / Sales: 1.56
Cash Flow: C$15.77 per share
Price / Cash Flow: 11.99
Book Value: C$80.33 per share
Price / Book: 2.35

Miscellaneous

Outstanding Shares: 175,260,000
Free Float: N/A
Market Cap: C$33.15 billion
Optionable: Not Optionable
Beta: 0.56

Key Executives

Mr. Charles J. G. Brindamour B.Sc. (Age 53)
CEO & Director
Comp: $3.46M

Dr. Louis Gagnon MBA
Chief Exec. Officer of Canada

Mr. Timothy Michael Miller (Age 64)
Chief Exec. Officer of Global Specialty Lines
Comp: $2.53M

Mr. Patrick Barbeau
Exec. VP & COO

Mr. David W. Tremblay
Deputy Sr. VP & Chief Investment Officer of Intact Investment Management Inc

Mr. Shubha Rahman Khan
VP of Investor Relations

Mr. Frederic Cotnoir
Exec. VP, Chief Legal Officer & Sec.

Ms. Anne Fortin
Exec. VP of Direct Distribution and Chief Marketing & Communications Officer

Jennifer Beaudry
Mang. of Media Relations

Ms. Christina Kanellos
Director of External Communications

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

IFC Stock - Frequently Asked Questions

Should I buy or sell Intact Financial stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Intact Financial in the last year. There are currently 1 hold rating and 5 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 forecast for 2023?: 6 brokerages have issued twelve-month target prices for Intact Financial's stock. Their IFC share price forecasts range from C$207.00 to C$240.00. On average, they predict the company's stock price to reach C$224.20 in the next year. This suggests a possible upside of 18.5% 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 shares have decreased by 3.0% and is now trading at C$189.12.
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, May 9th 2023.
View our IFC earnings forecast.
How often does Intact Financial pay dividends? What is the dividend yield for Intact Financial?: Intact Financial announced a quarterly dividend on Wednesday, February 8th. Shareholders of record on Wednesday, March 15th will be given a dividend of 1.10 per share on Friday, March 31st. This represents a $4.40 dividend on an annualized basis and a yield of 2.33%. The ex-dividend date of this dividend is Tuesday, March 14th. This is a boost from the stock's previous quarterly dividend of C$1.00.
Read our dividend analysis for IFC.
Is Intact Financial a good dividend stock?: Intact Financial (TSE:IFC) pays an annual dividend of C$4.00 per share and currently has a dividend yield of 2.12%. The dividend payout ratio is 29.70%. 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), Wheaton Precious Metals (WPM), Rogers Communications (RCI), Open Text (OTEX), Valeant Pharmaceuticals International (VRX) and Toronto-Dominion Bank (TD).
What is Intact Financial's stock symbol?: Intact Financial trades on the Toronto Stock Exchange (TSX) under the ticker symbol "IFC."
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 is Intact Financial's stock price today?: One share of IFC stock can currently be purchased for approximately C$189.12.
How much money does Intact Financial make?: Intact Financial (TSE:IFC) has a market capitalization of C$33.15 billion and generates C$21.26 billion in revenue each year. The company earns C$2.36 billion in net income (profit) each year or C$13.47 on an earnings per share basis.
How many employees does Intact Financial have?: The company employs 26,000 workers across the globe.
How can I contact Intact Financial?: Intact Financial's mailing address is 1500-700 University Ave, TORONTO, ON M5G 0A1, Canada. The official website for the company is www.intactfc.com. The company can be reached via phone at +1-514-9877111.

This page (TSE:IFC) was last updated on 3/21/2023 by MarketBeat.com Staff

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Intact Financial - IFC Stock Forecast, Price & News

Intact Financial MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Intact Financial (TSE:IFC) Stock

IFC Stock News Headlines

IFC Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

IFC Stock - Frequently Asked Questions

Overall MarketRank^™