Q4 Earnings Estimate for Intact Financial Issued By Cormark


Q4 Earnings Estimate for Intact Financial Issued By Cormark

Intact Financial Co. (TSE:IFC - Free Report) - Equities research analysts at Cormark issued their Q4 2024 EPS estimates for Intact Financial in a research note issued on Thursday, February 6th. Cormark analyst L. Persaud anticipates that the company will earn $4.48 per share for the quarter. The consensus estimate for Intact Financial's current full-year earnings is $16.17 per share. Cormark also issued estimates for Intact Financial's FY2025 earnings at $16.37 EPS.

A number of other equities research analysts have also issued reports on IFC. Scotiabank increased their price target on Intact Financial from C$281.00 to C$283.00 in a research report on Thursday, November 7th. National Bankshares raised their target price on Intact Financial from C$294.00 to C$296.00 in a research report on Wednesday, November 6th. Cibc World Mkts cut Intact Financial from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, January 29th. Raymond James increased their price target on shares of Intact Financial from C$264.00 to C$290.00 in a research note on Wednesday, November 6th. Finally, TD Securities boosted their price objective on shares of Intact Financial from C$293.00 to C$300.00 in a research report on Wednesday, November 6th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of C$274.90.

View Our Latest Report on IFC

Shares of TSE:IFC opened at C$276.73 on Monday. The firm has a market capitalization of C$49.36 billion, a PE ratio of 24.36, a price-to-earnings-growth ratio of 2.01 and a beta of 0.57. Intact Financial has a 1 year low of C$206.57 and a 1 year high of C$280.50. The company has a debt-to-equity ratio of 31.26, a current ratio of 0.36 and a quick ratio of 0.28. The firm's 50-day moving average is C$261.77 and its two-hundred day moving average is C$259.35.

In related news, Senior Officer Charles Brindamour sold 6,000 shares of Intact Financial stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of C$268.50, for a total transaction of C$1,611,000.00. Also, Senior Officer Darren Christopher Godfrey sold 1,850 shares of the firm's stock in a transaction dated Friday, December 6th. The stock was sold at an average price of C$272.50, for a total transaction of C$504,125.00. Over the last ninety days, insiders have sold 8,300 shares of company stock worth $2,235,154. 0.24% of the stock is owned by corporate insiders.

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.

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