Q1 Earnings Forecast for Intact Financial Issued By Cormark

Intact Financial Co. (TSE:IFC) – Research analysts at Cormark issued their Q1 2025 earnings per share estimates for shares of Intact Financial in a research note issued on Friday, May 2nd. Cormark analyst L. Persaud expects that the company will post earnings per share of $3.45 for the quarter. The consensus estimate for Intact Financial’s current full-year earnings is $16.17 per share. Cormark also issued estimates for Intact Financial’s FY2025 earnings at $16.58 EPS.

Several other analysts also recently issued reports on IFC. Cibc World Mkts downgraded shares of Intact Financial from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 29th. TD Securities raised their price target on Intact Financial from C$300.00 to C$324.00 and gave the company a “buy” rating in a research report on Wednesday, February 12th. BMO Capital Markets boosted their price objective on Intact Financial from C$290.00 to C$315.00 in a research report on Thursday, February 13th. CIBC increased their target price on Intact Financial from C$290.00 to C$300.00 in a research note on Friday, April 25th. Finally, Desjardins lifted their price target on Intact Financial from C$315.00 to C$320.00 and gave the stock a “buy” rating in a research report on Thursday, April 24th. Four analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of C$295.09.

Intact Financial Stock Up 0.4 %

Shares of IFC stock opened at C$305.47 on Monday. Intact Financial has a 12 month low of C$218.58 and a 12 month high of C$307.10. The company has a market cap of C$54.34 billion, a PE ratio of 23.65, a price-to-earnings-growth ratio of 2.01 and a beta of 0.57. The business’s 50 day moving average is C$288.18 and its two-hundred day moving average is C$274.19.

Insider Activity at Intact Financial

In other news, Senior Officer Benoit Morissette sold 6,000 shares of the company’s stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of C$287.12, for a total value of C$1,722,738.00. 0.24% of the stock is currently owned by corporate insiders.

About Intact Financial

Intact Financial Corp is a property and casualty insurance company that provides written premiums in Canada. The company distributes insurance under the Intact Insurance brand through a network of brokers and a wholly-owned subsidiary, BrokerLink, and directly to consumers through Belairdirect. Most of the company’s direct premiums are written in the personal automotive space.