iA Financial (IAG) Set to Announce Earnings on Tuesday

iA Financial (TSE:IAGGet Free Report) will release its earnings data after the market closes on Tuesday, November 7th. Analysts expect iA Financial to post earnings of C$2.39 per share for the quarter.

iA Financial (TSE:IAGGet Free Report) last released its earnings results on Thursday, August 3rd. The company reported C$2.39 EPS for the quarter, beating the consensus estimate of C$2.35 by C$0.04. iA Financial had a net margin of 5.97% and a return on equity of 16.70%. The firm had revenue of C$2.39 billion for the quarter.

iA Financial Stock Performance

Shares of iA Financial stock opened at C$84.73 on Friday. The company has a current ratio of 5.63, a quick ratio of 0.17 and a debt-to-equity ratio of 35.49. The company has a market cap of C$8.69 billion, a PE ratio of 7.73, a price-to-earnings-growth ratio of 1.26 and a beta of 1.16. The company has a 50 day moving average of C$84.15 and a 200-day moving average of C$87.07. iA Financial has a 1-year low of C$68.60 and a 1-year high of C$93.90.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Royal Bank of Canada raised their target price on iA Financial from C$96.00 to C$100.00 and gave the company an “outperform” rating in a report on Tuesday, August 8th. National Bank Financial reduced their price objective on iA Financial from C$4.75 to C$4.50 in a research note on Monday, August 14th. CIBC lowered their target price on iA Financial from C$96.00 to C$95.00 and set a “neutral” rating for the company in a research note on Tuesday, August 8th. Desjardins dropped their target price on shares of iA Financial from C$95.00 to C$94.00 and set a “hold” rating for the company in a report on Thursday, October 12th. Finally, TD Securities decreased their price target on shares of iA Financial from C$6.00 to C$5.50 in a report on Monday, August 14th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of C$72.05.

Check Out Our Latest Report on iA Financial

About iA Financial

(Get Free Report)

iA Financial Corporation Inc, through its subsidiary, Industrial Alliance Insurance and Financial Services Inc, provides various life and health insurance products in Canada and the United States. The company operates through Individual Insurance, Individual Wealth Management, Group Insurance, Group Savings and Retirement, and US Operations businesses.

Read More

Earnings History for iA Financial (TSE:IAG)

Receive News & Ratings for iA Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iA Financial and related companies with MarketBeat.com's FREE daily email newsletter.