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S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
TSE:IFC

Intact Financial - IFC Stock Forecast, Price & News

C$195.14
+1.33 (+0.69%)
(As of 08/16/2022 12:00 AM ET)
Add
Compare
Today's Range
C$193.44
C$195.47
50-Day Range
C$172.47
C$193.81
52-Week Range
C$158.00
C$195.47
Volume
203,535 shs
Average Volume
395,472 shs
Market Capitalization
C$34.25 billion
P/E Ratio
13.49
Dividend Yield
2.06%
Price Target
C$214.21

Intact Financial MarketRank™ Forecast

Analyst Rating
Buy
3.20 Rating Score
Upside/​Downside
9.8% Upside
C$214.21 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.06mentions of Intact Financial in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
C$66,986 Sold Last Quarter
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.

1.80 out of 5 stars

IFC stock logo

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.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Cormark cut their target price on Intact Financial from C$210.00 to C$200.00 in a research note on Tuesday, August 2nd. National Bankshares lifted their target price on Intact Financial from C$227.00 to C$230.00 and gave the company an "outperform" rating in a research note on Friday, July 29th. TD Securities lifted their target price on Intact Financial from C$215.00 to C$220.00 and gave the company a "buy" rating in a research note on Friday, July 29th. Raymond James lifted their target price on Intact Financial from C$206.00 to C$229.00 and gave the company a "strong-buy" rating in a research note on Tuesday, August 2nd. Finally, Scotiabank boosted their price objective on Intact Financial from C$195.00 to C$210.00 in a research note on Tuesday, August 2nd. Eight analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of C$214.21.

Intact Financial Stock Up 0.7 %

Shares of TSE:IFC traded up C$1.43 on Tuesday, reaching C$195.24. The company had a trading volume of 101,468 shares, compared to its average volume of 394,794. Intact Financial has a twelve month low of C$158.00 and a twelve month high of C$195.38. The stock has a 50-day moving average price of C$183.90 and a 200 day moving average price of C$182.45. The stock has a market capitalization of C$34.27 billion and a P/E ratio of 13.39. The company has a quick ratio of 0.27, a current ratio of 0.44 and a debt-to-equity ratio of 30.85.

Intact Financial (TSE:IFC - Get Rating) last announced its quarterly earnings results on Thursday, July 28th. The company reported C$7.29 earnings per share for the quarter, topping analysts' consensus estimates of C$2.84 by C$4.45. The company had revenue of C$5.34 billion during the quarter. On average, equities analysts expect that Intact Financial will post 13.0599999 EPS for the current year.

Insiders Place Their Bets

In related news, Senior Officer Anne Fortin sold 350 shares of the business's stock in a transaction dated Thursday, August 11th. The stock was sold at an average price of C$191.39, for a total transaction of C$66,986.50. Following the completion of the transaction, the insider now owns 8,936 shares of the company's stock, valued at approximately C$1,710,261.04.

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IFC Stock News Headlines

Intact Financial (TSE:IFC) Hits New 12-Month High at $192.15
Intact Financial (TSE:IFC) Price Target Raised to C$219.00
See More Headlines
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IFC Company Calendar

Last Earnings
7/28/2022
Today
8/16/2022
Next Earnings (Estimated)
11/08/2022

Industry, Sector and Symbol

Industry
Insurance - Property & Casualty
Sub-Industry
N/A
Sector
Finance
CIK
N/A
Fax
N/A
Employees
26,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$214.21
High Stock Price Forecast
C$230.00
Low Stock Price Forecast
C$190.00
Forecasted Upside/Downside
+9.8%
Consensus Rating
Buy
Rating Score (0-4)
3.20
Research Coverage
10 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$21.25 billion
Cash Flow
C$12.62 per share
Book Value
C$80.86 per share

Miscellaneous

Free Float
N/A
Market Cap
C$34.25 billion
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Mr. Charles J. G. Brindamour B.Sc. (Age 52)
    CEO & Director
    Comp: $3.46M
  • Mr. Louis Marcotte
    Exec. VP & CFO
  • Dr. Louis Gagnon MBA
    Chief Exec. Officer of Canada
  • Mr. Timothy Michael Miller (Age 63)
    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













IFC Stock - Frequently Asked Questions

Should I buy or sell Intact Financial stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Intact Financial in the last year. There are currently 8 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street equities 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 2022?

10 analysts have issued twelve-month price targets for Intact Financial's shares. Their IFC share price forecasts range from C$190.00 to C$230.00. On average, they expect the company's share price to reach C$214.21 in the next year. This suggests a possible upside of 9.8% 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 2022?

Intact Financial's stock was trading at C$164.42 at the start of the year. Since then, IFC stock has increased by 18.7% and is now trading at C$195.14.
View the best growth stocks for 2022 here
.

When is Intact Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our IFC earnings forecast
.

How were Intact Financial's earnings last quarter?

Intact Financial Co. (TSE:IFC) posted its earnings results on Thursday, July, 28th. The company reported $7.29 earnings per share for the quarter, beating analysts' consensus estimates of $2.84 by $4.45. The business earned $5.34 billion during the quarter.

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

Intact Financial declared a quarterly dividend on Wednesday, February 9th. Investors of record on Tuesday, March 15th will be given a dividend of 1.00 per share on Thursday, March 31st. This represents a $4.00 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date of this dividend is Monday, March 14th. This is an increase from the stock's previous quarterly dividend of C$0.83.
Read our dividend analysis for IFC
.

Is Intact Financial a good dividend stock?

Intact Financial (TSE:IFC) pays an annual dividend of C$3.74 per share and currently has a dividend yield of 2.06%. The dividend payout ratio is 25.85%. 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?
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$195.14.

How much money does Intact Financial make?

Intact Financial (TSE:IFC) has a market capitalization of C$34.25 billion and generates C$21.25 billion in revenue each year.

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 8/17/2022 by MarketBeat.com Staff

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