Should I buy or sell Intact Financial stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Intact Financial in the last twelve months. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street equities 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 brokerages have issued 12 month price objectives for Intact Financial's stock. Their IFC share price targets range from C$207.00 to C$256.00. On average, they expect the company's share price to reach C$236.70 in the next year. This suggests a possible upside of 7.8% 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 2024?

Intact Financial's stock was trading at C$203.86 at the beginning of the year. Since then, IFC stock has increased by 7.8% and is now trading at C$219.67. 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 earnings results on Tuesday, February, 13th. The company reported $3.47 earnings per share (EPS) 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 trailing twelve-month return on equity of 8.16% and a net margin of 4.59%.

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

Intact Financial declared 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 of this dividend 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 2.20%. The dividend payout ratio is 69.24%. 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other Intact Financial investors own include Constellation Software (CSU) , AutoCanada (ACQ) , Alimentation Couche-Tard (ATD.B) , AbbVie (ABBV) , Vermilion Energy (VET) , Wheaton Precious Metals (WPM) , Rogers Communications (RCI) , Open Text (OTEX) , Valeant Pharmaceuticals International (VRX) and Toronto-Dominion Bank (TD) .

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 .

TSE:IFC

Intact Financial (IFC) Stock Price, News & Analysis

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C$220.72

+1.05 (+0.48%)

(As of 10:56 AM ET)

Compare

Today's Range: C$219.29
▼
C$220.72
50-Day Range: C$208.43
▼
C$235.96
52-Week Range: C$188.22
▼
C$237.25

Volume: 17,013 shs
Average Volume: 302,914 shs
Market Capitalization: C$39.36 billion

P/E Ratio: 31.58
Dividend Yield: 2.19%
Price Target: C$236.70

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

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Intact Financial MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.88 Rating Score
Upside/Downside: 7.8% Upside
C$236.70 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.71
Based on 10 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.

2.22 out of 5 stars

2.4

Analyst's Opinion

Consensus Rating
Intact Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Intact Financial has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for IFC.

1.7

Dividend Strength

Dividend Yield
Intact Financial pays a meaningful dividend of 2.20%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Intact Financial does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Intact Financial is 69.24%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for IFC.

3.7

News and Social Media Coverage

News Sentiment
Intact Financial has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Financial Services companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Intact Financial this week, compared to 2 articles on an average week.
Search Interest
2 people have searched for IFC on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
1 people have added Intact Financial to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Intact Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$1,583,589.00 in company stock.
Percentage Held by Insiders
Only 0.23% of the stock of Intact Financial is held by insiders.
Percentage Held by Institutions
54.68% of the stock of Intact Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Intact Financial is 31.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.75.
Price to Earnings Ratio vs. Sector
The P/E ratio of Intact Financial is 31.43, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 448.74.
Price to Earnings Growth Ratio
Intact Financial has a PEG Ratio of 2.01. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Intact Financial has a P/B Ratio of 2.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

IFC Stock News Headlines

April 17, 2024 | americanbankingnews.com

Intact Financial (TSE:IFC) Price Target Increased to C$238.00 by Analysts at Desjardins

April 17, 2024 | americanbankingnews.com

Desjardins Research Analysts Lift Earnings Estimates for Intact Financial Co. (TSE:IFC)

April 18, 2024 | Insiders Exposed (Ad)

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April 16, 2024 | americanbankingnews.com

Intact Financial Co. (TSE:IFC) Given Consensus Rating of "Moderate Buy" by Analysts

April 14, 2024 | finance.yahoo.com

Intact Financial Corporation (IFC.TO)

April 9, 2024 | americanbankingnews.com

Intact Financial (TSE:IFC) Stock Crosses Above Two Hundred Day Moving Average of $209.55

March 27, 2024 | finance.yahoo.com

Intact Financial Corporation publishes 2023 Annual Report and 2024 Management Proxy Circular

March 15, 2024 | seekingalpha.com

IFC:CA Intact Financial Corporation

April 18, 2024 | Insiders Exposed (Ad)

The Hard Truth About Investing For Retirement

March 12, 2024 | theglobeandmail.com

Auto insurers face pushback over preferential deals with health care providers

March 1, 2024 | investing.com

Intact Non Cum Rt Res Cl A 3 Prf (IFC_pc)

February 29, 2024 | seekingalpha.com

Intact Financial - Dominant In Canada, Growing In U.S. And U.K.

February 20, 2024 | finance.yahoo.com

Intact Financial Corporation Chief Executive Officer Charles Brindamour to hold Virtual Fireside Chat with TD Securities

February 17, 2024 | finance.yahoo.com

Intact Financial (TSE:IFC) Is Paying Out A Larger Dividend Than Last Year

February 16, 2024 | msn.com

Intact Financial Climbs to All-Time High on Buybacks, With an 11% Dividend Increase

February 15, 2024 | msn.com

Intact Financial announces approval for normal course issuer bid

February 14, 2024 | msn.com

Intact Financial declares CAD 1.21 dividend

February 13, 2024 | msn.com

Intact Financial sees earnings rise in fourth quarter of 2023

February 13, 2024 | finance.yahoo.com

Intact Financial Corporation reports Q4-2023 results

February 3, 2024 | msn.com

IFC's $56-million investment in Global IME Bank to bolster gender and climate financing in Nepal

February 2, 2024 | ca.finance.yahoo.com

Beyond Canadian Bank Stocks: 3 Insurance Plays With Nice Dividends

January 29, 2024 | finance.yahoo.com

Media Advisory - Intact Financial Corporation to announce 2023 fourth quarter results on February 13, 2024 and hold earnings conference call the following day

January 25, 2024 | msn.com

TFSA Investors: 3 Powerful Stocks to Park Your $7,000 Yearly Contributions

January 23, 2024 | wsj.com

Intact Financial Corp.

January 6, 2024 | investing.com

Intact Financ 1 Cl A Non Cum Prf (IFC_pa)

December 21, 2023 | seekingalpha.com

IFC.PR.G:CA Intact Financial Corporation NON CUM PFD A 7

December 13, 2023 | finance.yahoo.com

Intact Financial Corp's Dividend Analysis

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Company Calendar

Last Earnings: 2/13/2024
Ex-Dividend for 3/29 Dividend: 3/14/2024
Dividend Payable: 3/29/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/08/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Financial Services
Industry: Insurance - Property & Casualty
Sub-Industry: N/A
Current Symbol: TSE:IFC
CUSIP: N/A
CIK: N/A
Web: www.intactfc.com
Phone: +1-514-9877111
Fax: N/A
Employees: 30,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$236.70
High Stock Price Target: C$256.00
Low Stock Price Target: C$207.00
Potential Upside/Downside: +7.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.88
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$6.99
Trailing P/E Ratio: 31.43
Forward P/E Ratio: 15.19
P/E Growth: 2.01
Net Income: C$1.23 billion
Net Margins: 4.59%
Pretax Margin: N/A
Return on Equity: 8.16%
Return on Assets: 2.72%

Debt

Debt-to-Equity Ratio: 34.90
Current Ratio: 0.38
Quick Ratio: 0.28

Sales & Book Value

Annual Sales: C$28.65 billion
Price / Sales: 1.37
Cash Flow: C$18.32 per share
Price / Cash Flow: 11.99
Book Value: C$83.38 per share
Price / Book: 2.63

Miscellaneous

Outstanding Shares: 178,320,000
Free Float: N/A
Market Cap: C$39.17 billion
Optionable: Not Optionable
Beta: 0.54

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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

Key Competitors

View All Competitors

Insiders

Benoit Morissette
Sold 7,000 shares
Total: C$1.58 M ($226.23/share)

View All Insider Transactions

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

Pros

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

Intact Financial had a net margin of 4.59% and a return on equity of 8.16%, indicating strong financial performance.
Intact Financial recently increased its quarterly dividend from $1.10 to $1.21 per share, showing commitment to rewarding shareholders.
Equities analysts expect Intact Financial to post 14.466881 EPS for the current year, suggesting positive growth potential.
Insiders have shown confidence in the company by purchasing shares, with Senior Officer Benoit Morissette selling 7,000 shares at a significant value.
Intact Financial offers a diverse range of insurance products, including personal auto, personal property, commercial line, and specialty line insurance, catering to various customer needs.

Cons

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

Intact Financial's payout ratio is currently 69.14%, which may indicate a high proportion of earnings being distributed as dividends, potentially limiting reinvestment for growth.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these Intact Financial pros and cons to contact@marketbeat.com.

IFC Stock Analysis - Frequently Asked Questions

Should I buy or sell Intact Financial stock right now?: 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Intact Financial in the last twelve months. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street equities 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 brokerages have issued 12 month price objectives for Intact Financial's stock. Their IFC share price targets range from C$207.00 to C$256.00. On average, they expect the company's share price to reach C$236.70 in the next year. This suggests a possible upside of 7.8% 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 2024?: Intact Financial's stock was trading at C$203.86 at the beginning of the year. Since then, IFC stock has increased by 7.8% and is now trading at C$219.67.
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 earnings results on Tuesday, February, 13th. The company reported $3.47 earnings per share (EPS) 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 trailing twelve-month return on equity of 8.16% and a net margin of 4.59%.

How often does Intact Financial pay dividends? What is the dividend yield for Intact Financial?: Intact Financial declared 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 of this dividend 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 2.20%. The dividend payout ratio is 69.24%. 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?: Based on aggregate information from My MarketBeat watchlists, some companies that other Intact Financial investors own include Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Wheaton Precious Metals (WPM), Rogers Communications (RCI), Open Text (OTEX), Valeant Pharmaceuticals International (VRX) and Toronto-Dominion Bank (TD).
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 4/18/2024 by MarketBeat.com Staff

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Intact Financial (IFC) Stock Price, News & Analysis

Intact Financial MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Intact Financial Stock (TSE:IFC)

IFC Stock Price History

IFC Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

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

Pros

Cons

IFC Stock Analysis - Frequently Asked Questions

Overall MarketRank^™