QQQ   444.36 (-0.11%)
AAPL   171.69 (-0.93%)
MSFT   420.48 (-0.23%)
META   487.66 (-1.26%)
GOOGL   150.98 (+0.07%)
AMZN   180.30 (+0.26%)
TSLA   176.34 (-1.94%)
NVDA   902.94 (+0.05%)
NIO   4.50 (-3.64%)
AMD   180.28 (+0.38%)
BABA   72.46 (+1.22%)
T   17.63 (+0.46%)
F   13.18 (+0.92%)
MU   117.87 (-1.07%)
CGC   8.52 (-10.79%)
GE   174.91 (-2.89%)
DIS   122.44 (+1.21%)
AMC   3.65 (-15.90%)
PFE   27.87 (+0.32%)
PYPL   67.13 (+0.84%)
XOM   116.09 (+0.97%)
QQQ   444.36 (-0.11%)
AAPL   171.69 (-0.93%)
MSFT   420.48 (-0.23%)
META   487.66 (-1.26%)
GOOGL   150.98 (+0.07%)
AMZN   180.30 (+0.26%)
TSLA   176.34 (-1.94%)
NVDA   902.94 (+0.05%)
NIO   4.50 (-3.64%)
AMD   180.28 (+0.38%)
BABA   72.46 (+1.22%)
T   17.63 (+0.46%)
F   13.18 (+0.92%)
MU   117.87 (-1.07%)
CGC   8.52 (-10.79%)
GE   174.91 (-2.89%)
DIS   122.44 (+1.21%)
AMC   3.65 (-15.90%)
PFE   27.87 (+0.32%)
PYPL   67.13 (+0.84%)
XOM   116.09 (+0.97%)
QQQ   444.36 (-0.11%)
AAPL   171.69 (-0.93%)
MSFT   420.48 (-0.23%)
META   487.66 (-1.26%)
GOOGL   150.98 (+0.07%)
AMZN   180.30 (+0.26%)
TSLA   176.34 (-1.94%)
NVDA   902.94 (+0.05%)
NIO   4.50 (-3.64%)
AMD   180.28 (+0.38%)
BABA   72.46 (+1.22%)
T   17.63 (+0.46%)
F   13.18 (+0.92%)
MU   117.87 (-1.07%)
CGC   8.52 (-10.79%)
GE   174.91 (-2.89%)
DIS   122.44 (+1.21%)
AMC   3.65 (-15.90%)
PFE   27.87 (+0.32%)
PYPL   67.13 (+0.84%)
XOM   116.09 (+0.97%)
QQQ   444.36 (-0.11%)
AAPL   171.69 (-0.93%)
MSFT   420.48 (-0.23%)
META   487.66 (-1.26%)
GOOGL   150.98 (+0.07%)
AMZN   180.30 (+0.26%)
TSLA   176.34 (-1.94%)
NVDA   902.94 (+0.05%)
NIO   4.50 (-3.64%)
AMD   180.28 (+0.38%)
BABA   72.46 (+1.22%)
T   17.63 (+0.46%)
F   13.18 (+0.92%)
MU   117.87 (-1.07%)
CGC   8.52 (-10.79%)
GE   174.91 (-2.89%)
DIS   122.44 (+1.21%)
AMC   3.65 (-15.90%)
PFE   27.87 (+0.32%)
PYPL   67.13 (+0.84%)
XOM   116.09 (+0.97%)
TSE:IAG

iA Financial (IAG) Stock Price, News & Analysis

C$84.46
-0.18 (-0.21%)
(As of 02:51 PM ET)
Today's Range
C$84.27
C$85.21
50-Day Range
C$84.16
C$93.75
52-Week Range
C$77.61
C$93.90
Volume
136,962 shs
Average Volume
212,084 shs
Market Capitalization
C$8.42 billion
P/E Ratio
11.29
Dividend Yield
3.88%
Price Target
C$69.85

iA Financial MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
17.5% Downside
C$69.85 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.01mentions of iA Financial in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
C$975,169 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.

2.28 out of 5 stars

IAG stock logo

About iA Financial Stock (TSE:IAG)

iA Financial Corporation Inc., provides insurance and wealth management services in Canada and the United States. The company operates through Insurance, Canada; Wealth Management; Investment; and US Operations segments. The company provides health, auto, home, and creditor insurance products; replacement insurance products and warranties; extended warranties and other ancillary products for dealer services; specialized products for special markets; and life insurance products and extended warranties relating to dealer services. It also offers savings plans, retirement funds and segregated funds, securities brokerage services, trust operations, and mutual funds. In addition, the company provides car, life, RV, mortgage, disability, travel, medical and paramedical care, vision and dental care, accidental death and dismemberment, transit, and critical illness insurance products. Further, it offers investments; registered retirement income and life income funds, and annuities; registered education savings plans; investment funds; wealth management solutions; and registered retirement and education savings plan, auto, and investment loans. Additionally, the company owns and manages real estate portfolio of commercial space for lease for offices, businesses, etc.; and manufactures and distributes automobile protection products, as well as provides vehicle warranty and related software and services; digital property and casualty insurance distribution services; life insurance and mutual fund brokerage services; and automobile warranty services. iA Financial Corporation Inc. was founded in 1892 and is headquartered in Quebec City, Canada.

IAG Stock Price History

IAG Stock News Headlines

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
TFSA: The Best TSX Stocks to Invest $7,000 for February 2024?
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
iA Financial Corp. Inc.
iA Financial declares $0.765 dividend
See More Headlines
Receive IAG Stock News and Ratings via Email

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

Company Calendar

Last Earnings
2/20/2024
Ex-Dividend for 3/15 Dividend
2/29/2024
Dividend Payable
3/15/2024
Today
3/28/2024
Next Earnings (Estimated)
5/08/2024

Industry, Sector and Symbol

Industry
Insurance - Diversified
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
5,222
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$69.85
High Stock Price Target
C$102.00
Low Stock Price Target
C$3.50
Potential Upside/Downside
-17.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
C$769 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$7.93 billion
Cash Flow
C$18.54 per share
Book Value
C$66.87 per share

Miscellaneous

Free Float
N/A
Market Cap
C$8.43 billion
Optionable
Not Optionable
Beta
1.13
Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report

Key Executives

  • Mr. Denis Yves Ricard B.Sc. (Age 62)
    F.S.A., FCIA, CEO, President & Director
    Comp: $2.04M
  • Mr. Alain Bergeron M.Sc.
    Executive VP & Chief Investment Officer
  • Mr. Michael Lee Stickney B.S.
    C.F.A., F.S.A., FCIA, M.B.A., Executive VP, Chief Growth Officer US Operations & Co-Head of Acquisitions
  • Mr. Pierre C. Miron (Age 66)
    Executive VP & Chief Growth Officer Canadian Operations
    Comp: $1.07M
  • Mr. Eric Jobin B.Sc.
    F.S.A., FCIA, Executive VP, CFO, & Chief Actuary
  • Ms. Manon Gauthier CPA
    CA, CFA, Senior Vice-President of Administration, Individual Savings & Retirement
  • Ms. Marie-Annick Bonneau
    Head of Investor Relations
  • Pierre Picard
    Manager of Public Relations
  • Mr. Gary J. Coles
    Senior Vice President of Administration & Group Insurance
  • Mr. Paul R. Grimes C.L.U.
    CFP, ChFC, Senior VP of Distribution Independent Advisor Network Individual Insurance, Savings & Retirement

IAG Stock Analysis - Frequently Asked Questions

Should I buy or sell iA Financial stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for iA Financial in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" IAG shares.
View IAG analyst ratings
or view top-rated stocks.

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

7 analysts have issued 12-month target prices for iA Financial's stock. Their IAG share price targets range from C$3.50 to C$102.00. On average, they expect the company's stock price to reach C$69.85 in the next twelve months. This suggests that the stock has a possible downside of 17.5%.
View analysts price targets for IAG
or view top-rated stocks among Wall Street analysts.

How have IAG shares performed in 2024?

iA Financial's stock was trading at C$90.33 at the start of the year. Since then, IAG shares have decreased by 6.3% and is now trading at C$84.65.
View the best growth stocks for 2024 here
.

When is iA Financial's next earnings date?

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

How were iA Financial's earnings last quarter?

iA Financial Co. Inc. (TSE:IAG) announced its earnings results on Tuesday, February, 20th. The company reported $2.34 EPS for the quarter, missing the consensus estimate of $2.49 by $0.15. The business earned $1.55 billion during the quarter. iA Financial had a trailing twelve-month return on equity of 11.14% and a net margin of 9.95%.

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

iA Financial declared a quarterly dividend on Tuesday, February 20th. Stockholders of record on Friday, March 1st will be given a dividend of 0.82 per share on Friday, March 15th. This represents a $3.28 dividend on an annualized basis and a yield of 3.87%. The ex-dividend date of this dividend is Thursday, February 29th. This is a boost from the stock's previous quarterly dividend of C$0.77.
Read our dividend analysis for IAG
.

Is iA Financial a good dividend stock?

iA Financial (TSE:IAG) pays an annual dividend of C$3.28 per share and currently has a dividend yield of 3.79%. The dividend payout ratio is 43.85%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for IAG.

What other stocks do shareholders of iA Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other iA Financial investors own include Bank of America (BAC), Air Canada (AC), Toronto-Dominion Bank (TD), Cimarex Energy (XEC), BCE (BCE), Cenovus Energy (CVE), Intelsat (I), Bank of Nova Scotia (BNS), TELUS (T) and Bank of Montreal (BMO).

How do I buy shares of iA Financial?

Shares of IAG 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:IAG) was last updated on 3/28/2024 by MarketBeat.com Staff

From Our Partners