TSE:DFY Definity Financial (DFY) Stock Price, News & Analysis → Top Project Outperforms BTC in 2023… (From Crypto 101 Media) (Ad) Free DFY Stock Alerts C$43.98 -0.78 (-1.74%) (As of 11:31 AM ET) Add Compare Share Share Today's RangeC$43.98▼C$44.7650-Day RangeC$37.57▼C$47.2552-Week RangeC$32.09▼C$47.50Volume76,243 shsAverage Volume112,189 shsMarket CapitalizationC$5.10 billionP/E Ratio14.66Dividend Yield1.46%Price TargetC$46.85 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlines Get Definity Financial alerts: Email Address Definity Financial MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.63 Rating ScoreUpside/Downside5.0% UpsideC$46.85 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.1.01 out of 5 stars 2.3 Analyst's Opinion Consensus RatingDefinity Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$46.85, Definity Financial has a forecasted upside of 5.0% from its current price of C$44.64.Amount of Analyst CoverageDefinity Financial has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for DFY. Previous Next 1.7 Dividend Strength Dividend YieldDefinity Financial pays a meaningful dividend of 1.39%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthDefinity Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Definity Financial is 21.33%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DFY. Previous Next 0.6 News and Social Media Coverage MarketBeat Follows4 people have added Definity Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Definity Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.47% of the stock of Definity Financial is held by insiders.Percentage Held by Institutions61.68% of the stock of Definity Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Definity Financial is 14.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.36.Price to Earnings Ratio vs. SectorThe P/E ratio of Definity Financial is 14.88, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 454.56.Price to Earnings Growth RatioDefinity Financial has a PEG Ratio of 2.63. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioDefinity Financial has a P/B Ratio of 1.80. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Prosper Trading AcademyDid you make $29,000 two days with AI options trades?What if it was possible to find options trades on autopilot… Using A.I. to find the ones with the highest profit potential… And nearly perfect win rates… You can grab your free copy of my "Ultimate Guide to A.I. Options Trading" by clicking the link below:Click Here To Get Your Free Copy About Definity Financial Stock (TSE:DFY)Definity Financial Corporation, together with its subsidiaries, offers property and casualty insurance products in Canada. It provides personal insurance products, including auto, property, general and umbrella liability, and pet insurance products to individuals under the Economical, Sonnet, Family, Petsecure, and Peppermint brands; and commercial insurance products, which include fleet, commercial auto, property, liability, and specialty insurance products to businesses under the Definity Insurance and Economical brand name. The company distributes its products on a primarily intermediated basis, and through brokers, as well as directly to customers. It markets its commercial insurance products to small businesses and mid-market companies, as well as various targeted segments. The company was formerly known as Economical Holdings Corporation and changed its name to Definity Financial Corporation in August 2021. Definity Financial Corporation was founded in 1871 and is headquartered in Waterloo, Canada.Read More DFY Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DFY Stock News HeadlinesMarch 19, 2024 | uk.finance.yahoo.comDEFINITY FINL CORP (DFYFF)March 18, 2024 | americanbankingnews.comDefinity Financial Co. (TSE:DFY) Given Average Recommendation of "Moderate Buy" by AnalystsMarch 28, 2024 | Prosper Trading Academy (Ad)Did you make $29,000 two days with AI options trades?What if it was possible to find options trades on autopilot… Using A.I. to find the ones with the highest profit potential… And nearly perfect win rates… You can grab your free copy of my "Ultimate Guide to A.I. Options Trading" by clicking the link below:March 11, 2024 | finance.yahoo.comSWISS RE ACQUIRES COMMON SHARES OF DEFINITY FINANCIAL CORPORATIONFebruary 19, 2024 | finance.yahoo.comDefinity Financial (TSE:DFY) Is Paying Out A Larger Dividend Than Last YearFebruary 17, 2024 | finance.yahoo.comHere's Why We Think Definity Financial (TSE:DFY) Might Deserve Your Attention TodayFebruary 16, 2024 | msn.comBitfarms, Celestica, Definity at 52-Week Highs on NewsFebruary 16, 2024 | finance.yahoo.comDefinity Financial Corporation Chief Executive Officer Rowan Saunders to hold virtual fireside chat with CIBC Capital MarketsMarch 28, 2024 | Prosper Trading Academy (Ad)Did you make $29,000 two days with AI options trades?What if it was possible to find options trades on autopilot… Using A.I. to find the ones with the highest profit potential… And nearly perfect win rates… You can grab your free copy of my "Ultimate Guide to A.I. Options Trading" by clicking the link below:February 8, 2024 | benzinga.comDefinity Financial Stock (OTC:DFYFF) Dividends: History, Yield and DatesFebruary 1, 2024 | finance.yahoo.comDefinity Financial Corporation to announce fourth quarter and full year 2023 results on February 15, 2024 and hold its earnings conference call the following dayDecember 12, 2023 | finance.yahoo.comDEFINITY FINANCIAL CORPORATION ANNOUNCES CONTINUANCE TO CANADA BUSINESS CORPORATIONS ACTNovember 13, 2023 | finance.yahoo.comDefinity Financial Corporation Chief Executive Officer Rowan Saunders to hold virtual fireside chat with National Bank FinancialOctober 26, 2023 | finance.yahoo.comDefinity Financial Corporation to announce third quarter 2023 results on November 9, 2023 and hold its earnings conference call the following dayOctober 18, 2023 | markets.businessinsider.comDesjardins Maintains Their Hold Rating on Definity Financial Corp. (DFY)October 6, 2023 | markets.businessinsider.comScotiabank Reaffirms Their Buy Rating on Definity Financial Corp. (DFY)October 5, 2023 | finance.yahoo.comDEFINITY RELEASES ESTIMATE OF FINANCIAL IMPACT FROM CATASTROPHE LOSSES FOR THE THIRD QUARTER OF 2023October 3, 2023 | finance.yahoo.comDEFINITY AND MCDOUGALL COMPLETE DRAYDEN ACQUISITIONSeptember 27, 2023 | finance.yahoo.comDEFINITY FINANCIAL CORPORATION ANNOUNCES $900,000 PARTNERSHIP RENEWAL WITH THE CANADIAN RED CROSS IN SUPPORT OF EMERGENCY PREPAREDNESSSeptember 6, 2023 | markets.businessinsider.comBMO Capital Issues a Hold Rating on Definity Financial Corp. (DFY)September 5, 2023 | finance.yahoo.comDEFINITY LAUNCHES SONNET SHIFT: A NEW USAGE-BASED INSURANCE OFFERING GIVING CUSTOMERS CONTROL OF THEIR PREMIUMSSeptember 5, 2023 | finance.yahoo.comDEFINITY RELEASES ESTIMATE OF FINANCIAL IMPACT FROM CATASTROPHE LOSSESAugust 23, 2023 | markets.businessinsider.comFFH, DFY, EQB: 3 “Strong Buy” Canadian Financial Stocks Analysts LoveAugust 7, 2023 | markets.businessinsider.comDefinity Financial Corp. (DFY) Gets a Hold Rating from BMO CapitalAugust 3, 2023 | finance.yahoo.comDefinity Financial Corporation Reports Second Quarter 2023 ResultsAugust 1, 2023 | finance.yahoo.comEarnings are growing at Definity Financial (TSE:DFY) but shareholders still don't like its prospectsJuly 20, 2023 | finance.yahoo.comDefinity Financial Corporation to announce second quarter 2023 results on August 3, 2023 and hold its earnings conference call the following daySee More Headlines Receive DFY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Definity Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/15/2024Ex-Dividend for 3/28 Dividend3/14/2024Today3/28/2024Dividend Payable3/28/2024Next Earnings (Estimated)5/09/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorFinancial Services Industry Insurance - Property & Casualty Sub-IndustryN/A Current SymbolTSE:DFY CUSIPN/A CIKN/A Webwww.definityfc.com Phone519-570-8200FaxN/AEmployees3,442Year FoundedN/APrice Target and Rating Average Stock Price TargetC$46.85 High Stock Price TargetC$59.00 Low Stock Price TargetC$42.00 Potential Upside/Downside+5.0%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)C$3.00 Trailing P/E Ratio14.88 Forward P/E Ratio15.99 P/E Growth2.63Net IncomeC$350.10 million Net Margins9.06% Pretax MarginN/A Return on Equity12.52% Return on Assets4.29% Debt Debt-to-Equity Ratio4.99 Current Ratio4.68 Quick Ratio0.31 Sales & Book Value Annual SalesC$3.86 billion Price / Sales1.34 Cash FlowC$3.63 per share Price / Cash Flow12.31 Book ValueC$24.78 per share Price / Book1.80Miscellaneous Outstanding Shares115,900,000Free FloatN/AMarket CapC$5.17 billion OptionableNot Optionable Beta0.08 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Rowan Saunders B.A. (Age 60)CEO, President & Director Comp: $3.45MMr. Philip Mather B.Sc. (Age 49)B.Sc. (Hons), C.A., CA, Executive VP & CFO Comp: $2.01MMr. Innes Fraser Dey B.Sc. (Hons) (Age 55)LL.B, Senior Vice-President of Legal & Strategy Comp: $1.26MMr. Fabian Richenberger (Age 57)Executive Vice-President of Commercial Insurance & Insurance Operations Comp: $2.18MMr. Paul MacDonald (Age 50)Executive Vice President of Personal Insurance & Digital Channels Comp: $1.78MMs. Tatjana Lalkovic (Age 56)Senior VP & CTO Mr. Dennis Westfall MBAHead of Investor RelationsMs. Sarah AttwellsAssistant Vice President of Corporate AffairsMs. Brigid V. Pelino (Age 60)Senior VP and Chief People & Culture Officer Mr. Liam McFarlane (Age 61)Chief Risk & Actuarial Officer More ExecutivesKey CompetitorsE-L FinancialTSE:ELFEQBTSE:EQBCanadian Western BankTSE:CWBCI FinancialTSE:CIXgoeasyTSE:GSYView All Competitors DFY Stock Analysis - Frequently Asked Questions Should I buy or sell Definity Financial stock right now? 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Definity Financial in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" DFY shares. View DFY analyst ratings or view top-rated stocks. What is Definity Financial's stock price target for 2024? 8 analysts have issued 1-year price objectives for Definity Financial's shares. Their DFY share price targets range from C$42.00 to C$59.00. On average, they predict the company's share price to reach C$46.85 in the next year. This suggests a possible upside of 5.0% from the stock's current price. View analysts price targets for DFY or view top-rated stocks among Wall Street analysts. How have DFY shares performed in 2024? Definity Financial's stock was trading at C$37.54 at the beginning of the year. Since then, DFY stock has increased by 18.9% and is now trading at C$44.64. View the best growth stocks for 2024 here. When is Definity Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our DFY earnings forecast. How were Definity Financial's earnings last quarter? Definity Financial Co. (TSE:DFY) released its quarterly earnings results on Thursday, February, 15th. The company reported $0.86 EPS for the quarter, topping analysts' consensus estimates of $0.74 by $0.12. The business earned $1 billion during the quarter. Definity Financial had a trailing twelve-month return on equity of 12.52% and a net margin of 9.06%. How often does Definity Financial pay dividends? What is the dividend yield for Definity Financial? Definity Financial declared a quarterly dividend on Thursday, February 15th. Stockholders of record on Friday, March 15th will be given a dividend of 0.16 per share on Thursday, March 28th. This represents a $0.64 annualized dividend and a dividend yield of 1.43%. The ex-dividend date of this dividend is Thursday, March 14th. This is an increase from the stock's previous quarterly dividend of C$0.14. Read our dividend analysis for DFY. Is Definity Financial a good dividend stock? Definity Financial (TSE:DFY) pays an annual dividend of C$0.64 per share and currently has a dividend yield of 1.39%. The dividend payout ratio is 21.33%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for DFY. How do I buy shares of Definity Financial? Shares of DFY 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:DFY) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeGrab Your Free Bitcoin Today!Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceFed launches fourth dollar overhaulStansberry Research Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Definity Financial Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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