FY2025 EPS Forecast for Intact Financial Lowered by Analyst

Intact Financial Co. (TSE:IFC) – Desjardins cut their FY2025 earnings per share estimates for shares of Intact Financial in a research note issued to investors on Wednesday, April 23rd. Desjardins analyst D. Young now expects that the company will post earnings of $16.35 per share for the year, down from their previous forecast of $16.55. Desjardins currently has a “Buy” rating and a $320.00 price objective on the stock. The consensus estimate for Intact Financial’s current full-year earnings is $16.17 per share.

Other research analysts have also issued reports about the company. BMO Capital Markets upped their price objective on Intact Financial from C$290.00 to C$315.00 in a report on Thursday, February 13th. Jefferies Financial Group lifted their target price on Intact Financial from C$201.00 to C$289.00 in a report on Monday, April 21st. UBS Group boosted their target price on shares of Intact Financial from C$275.00 to C$290.00 in a research report on Tuesday, February 18th. Raymond James lifted their target price on Intact Financial from C$290.00 to C$302.00 and gave the company an “outperform” rating in a research report on Thursday, February 13th. Finally, CIBC increased their target price on shares of Intact Financial from C$290.00 to C$300.00 in a research report on Friday, April 25th. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$294.27.

Intact Financial Price Performance

IFC stock opened at C$303.30 on Monday. The stock has a market cap of C$53.95 billion, a price-to-earnings ratio of 23.48, a price-to-earnings-growth ratio of 2.01 and a beta of 0.57. The company has a fifty day moving average price of C$286.67 and a two-hundred day moving average price of C$273.35. Intact Financial has a one year low of C$218.58 and a one year high of C$303.97.

Insider Buying and Selling at Intact Financial

In other news, Senior Officer Benoit Morissette sold 6,000 shares of Intact Financial stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of C$287.12, for a total transaction of C$1,722,738.00. 0.24% of the stock is currently owned by corporate insiders.

About Intact Financial

Intact Financial Corp is a property and casualty insurance company that provides written premiums in Canada. The company distributes insurance under the Intact Insurance brand through a network of brokers and a wholly-owned subsidiary, BrokerLink, and directly to consumers through Belairdirect. Most of the company’s direct premiums are written in the personal automotive space.