TSE:DFY Definity Financial (DFY) Stock Price, News & Analysis → Better than Bitcoin? The Biotech Stock with 46,751% Potential (From Behind the Markets) (Ad) Free DFY Stock Alerts C$45.40 +0.02 (+0.04%) (As of 04/26/2024 ET) Add Compare Share Share Today's RangeC$45.19▼C$45.7350-Day RangeC$41.97▼C$47.2552-Week RangeC$32.09▼C$47.50Volume64,247 shsAverage Volume108,021 shsMarket CapitalizationC$5.26 billionP/E Ratio15.13Dividend Yield1.41%Price TargetC$47.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlines Get Definity Financial alerts: Email Address Definity Financial MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.63 Rating ScoreUpside/Downside4.6% UpsideC$47.50 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.00Based on 3 Articles This WeekInsider 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.1.06 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.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 1.43%, 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 News Coverage This WeekMarketBeat has tracked 3 news articles for Definity Financial this week, compared to 1 article on an average week.Search Interest1 people have searched for DFY on MarketBeat in the last 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 Institutions61.73% 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 15.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.99.Price to Earnings Ratio vs. SectorThe P/E ratio of Definity Financial is 15.13, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 473.57.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 1.83. 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 Weiss RatingsProtect Yourself While There’s Still Time …The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.4 simple steps to protect your privacy and money before it’s too late. 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 HeadlinesApril 25, 2024 | finance.yahoo.comDefinity Financial Corporation to announce First Quarter 2024 results on May 9, 2024 and hold its earnings conference call the following dayApril 17, 2024 | americanbankingnews.comDefinity Financial (TSE:DFY) Price Target Raised to C$47.00 at CIBCApril 26, 2024 | Weiss Ratings (Ad)Protect Yourself While There’s Still Time …The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.April 17, 2024 | americanbankingnews.comDefinity Financial (TSE:DFY) Price Target Raised to C$45.00 at DesjardinsApril 17, 2024 | americanbankingnews.comDefinity Financial Co. (TSE:DFY) Forecasted to Post Q1 2024 Earnings of $0.70 Per ShareApril 7, 2024 | finance.yahoo.comInstitutions own 30% of Definity Financial Corporation (TSE:DFY) shares but retail investors control 59% of the companyMarch 19, 2024 | uk.finance.yahoo.comDEFINITY FINL CORP (DFYFF)March 11, 2024 | finance.yahoo.comSWISS RE ACQUIRES COMMON SHARES OF DEFINITY FINANCIAL CORPORATIONApril 26, 2024 | Weiss Ratings (Ad)Protect Yourself While There’s Still Time …The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.February 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 MarketsFebruary 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 LoveSee 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 Dividend3/14/2024Dividend Payable3/28/2024Today4/26/2024Next 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$47.50 High Stock Price TargetC$59.00 Low Stock Price TargetC$42.00 Potential Upside/Downside+4.6%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)C$3.00 Trailing P/E Ratio15.13 Forward P/E Ratio16.26 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 / Sales1.36 Cash FlowC$3.69 per share Price / Cash Flow12.31 Book ValueC$24.78 per share Price / Book1.83Miscellaneous Outstanding Shares115,900,000Free FloatN/AMarket CapC$5.26 billion OptionableNot Optionable Beta0.08 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. 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:EQBgoeasyTSE:GSYOnexTSE:ONEXCanadian Western BankTSE:CWBView All Competitors DFY Stock Analysis - Frequently Asked Questions Should I buy or sell Definity Financial stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Definity Financial in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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 brokerages have issued twelve-month target prices for Definity Financial's shares. Their DFY share price targets range from C$42.00 to C$59.00. On average, they anticipate the company's share price to reach C$47.50 in the next year. This suggests a possible upside of 4.6% 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 on January 1st, 2024. Since then, DFY shares have increased by 20.9% and is now trading at C$45.40. 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) posted its quarterly earnings data on Thursday, February, 15th. The company reported $0.86 EPS for the quarter, topping analysts' consensus estimates of $0.74 by $0.12. The firm had revenue of $1 billion for the quarter. Definity Financial had a net margin of 9.06% and a trailing twelve-month return on equity of 12.52%. How often does Definity Financial pay dividends? What is the dividend yield for Definity Financial? Definity Financial announced a quarterly dividend on Thursday, February 15th. Shareholders 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 dividend on an annualized basis and a yield of 1.41%. The ex-dividend date 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 1.43%. 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 4/26/2024 by MarketBeat.com Staff From Our PartnersThese AI trades triggered this morning (545% return)Prosper Trading AcademyConflict In Israel Sends Gold Soaring ???? 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