S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: Asian shares meander after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: Asian shares meander after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: Asian shares meander after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: Asian shares meander after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
TSE:IFC

Intact Financial (IFC) Stock Price, News & Analysis

C$220.49
-0.20 (-0.09%)
(As of 03/27/2024 ET)
Today's Range
C$219.04
C$222.52
50-Day Range
C$201.59
C$235.96
52-Week Range
C$188.22
C$237.25
Volume
256,922 shs
Average Volume
314,272 shs
Market Capitalization
C$39.32 billion
P/E Ratio
31.50
Dividend Yield
2.20%
Price Target
C$236.40

Intact Financial MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
7.2% Upside
C$236.40 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.89mentions of Intact Financial in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
C$1.58 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.69 out of 5 stars

IFC stock logo

About Intact Financial Stock (TSE:IFC)

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.

IFC Stock Price History

IFC Stock News Headlines

[BUY ALERT] Our #1 A.I. Stock for March
It's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.
IFC:CA Intact Financial Corporation
Intact Non Cum Rt Res Cl A 3 Prf (IFC_pc)
[BUY ALERT] Our #1 A.I. Stock for March
It's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.
Intact Financial declares CAD 1.21 dividend
Intact Financial Corporation reports Q4-2023 results
Intact Financial Corp.
Intact Financ 1 Cl A Non Cum Prf (IFC_pa)
IFC.PR.G:CA Intact Financial Corporation NON CUM PFD A 7
Intact Financial Corp's Dividend Analysis
Intact Financial Corp IFC
See More Headlines
Receive IFC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Intact Financial and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 12/29 Dividend
12/14/2023
Dividend Payable
12/29/2023
Last Earnings
2/13/2024
Ex-Dividend for 3/29 Dividend
3/14/2024
Today
3/27/2024
Dividend Payable
3/29/2024
Next Earnings (Estimated)
5/08/2024

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$236.40
High Stock Price Target
C$256.00
Low Stock Price Target
C$207.00
Potential Upside/Downside
+7.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
C$1.23 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$28.65 billion
Cash Flow
C$18.39 per share
Book Value
C$83.38 per share

Miscellaneous

Free Float
N/A
Market Cap
C$39.32 billion
Optionable
Not Optionable
Beta
0.54
A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for April 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

Key Executives

  • Mr. Charles Joseph Gaston Brindamour B.Sc. (Age 54)
    CEO & Director
    Comp: $4.19M
  • Mr. Louis Marcotte (Age 59)
    Executive VP & CFO
    Comp: $1.55M
  • Dr. Louis Gagnon MBA
    Chief Executive Officer of Canada
  • Mr. Timothy Michael Miller (Age 65)
    Chief Executive Officer of Global Specialty Lines
    Comp: $3.27M
  • Mr. Kenneth Norgrove (Age 55)
    Chief Executive Officer of RSA, UK & International
    Comp: $2.8M
  • Mr. Patrick Barbeau
    Executive VP & COO
  • Mr. Shubha Rahman Khan
    Vice President of Investor Relations
  • Mr. Frederic Cotnoir
    Executive VP, Chief Legal Officer & Secretary
  • Ms. Anne Fortin
    President of Intact Insurance and Chief Marketing & Communications Officer
  • Ms. Carla Smith
    Executive VP and Chief People, Strategy & Climate Officer

Should I Buy Intact Financial Stock? IFC Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Intact Financial was last updated on Monday, March 25, 2024 at 11:48 PM.

Pros

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

  • Intact Financial has consistently increased its dividend payouts, indicating financial stability and potential for income growth for investors.
  • Positive analyst ratings and recommendations, such as a "Moderate Buy" consensus, can provide confidence to investors regarding the company's future performance.
  • Strong financial performance with a net margin of 4.59% and a return on equity of 8.16% showcases the company's profitability and efficiency in utilizing shareholder equity.
  • Recent price target upgrades by various research firms suggest a positive outlook on the stock's potential growth and value appreciation.
  • Diversified insurance product offerings in personal auto, personal property, commercial lines, and specialty lines provide a broad revenue base and risk mitigation for the company.

Cons

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

  • The stock price volatility, with a 12-month low of C$188.22 and a high of C$237.25, may pose risks for investors seeking stable returns.
  • High debt-to-equity ratio of 34.90 could indicate increased financial leverage and potential financial risk for the company during economic downturns.
  • Current market conditions and uncertainties may impact the insurance industry, affecting Intact Financial's revenue and profitability in the short term.
  • Reliance on the Canadian market for a significant portion of its operations exposes the company to regional economic fluctuations and regulatory changes.
  • Price-to-earnings ratio of 31.33 and price-to-earnings-growth ratio of 2.01 may suggest that the stock is currently trading at a premium valuation, potentially limiting upside potential for investors.

IFC Stock Analysis - Frequently Asked Questions

Should I buy or sell Intact Financial stock right now?

8 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 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" IFC shares.
View IFC analyst ratings
or view top-rated stocks.

What is Intact Financial's stock price target for 2024?

8 brokers have issued 1-year target prices for Intact Financial's stock. Their IFC share price targets range from C$207.00 to C$256.00. On average, they predict the company's stock price to reach C$236.40 in the next twelve months. This suggests a possible upside of 7.2% 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 2024?

Intact Financial's stock was trading at C$203.86 on January 1st, 2024. Since then, IFC shares have increased by 8.2% and is now trading at C$220.49.
View the best growth stocks for 2024 here
.

When is Intact Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our IFC earnings forecast
.

How were Intact Financial's earnings last quarter?

Intact Financial Co. (TSE:IFC) issued its quarterly earnings results on Tuesday, February, 13th. The company reported $3.47 earnings per share for the quarter, beating analysts' consensus estimates of $3.44 by $0.03. The company had revenue of $6.53 billion for the quarter. Intact Financial had a net margin of 4.59% and a trailing twelve-month return on equity of 8.16%.

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

Intact Financial announced a quarterly dividend on Tuesday, February 13th. Stockholders of record on Friday, March 15th will be paid a dividend of 1.21 per share on Friday, March 29th. This represents a $4.84 annualized dividend and a dividend yield of 2.20%. The ex-dividend date is Thursday, March 14th. This is an increase from the stock's previous quarterly dividend of C$1.10.
Read our dividend analysis for IFC
.

Is Intact Financial a good dividend stock?

Intact Financial (TSE:IFC) pays an annual dividend of C$4.84 per share and currently has a dividend yield of 2.19%. The dividend payout ratio is 69.14%. 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?
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.

This page (TSE:IFC) was last updated on 3/28/2024 by MarketBeat.com Staff

From Our Partners