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Definity Financial Corp. (TSE:DFY)
TSX:DFY
RESEARCH TOOLSreports
Definity Financial Corp. (DFY) Stock Price & Analysis
45 Followers
DFY Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$31.74 - C$47.34
Previous CloseC$46.01
Volume119.19K
Average Volume (3M)123.32K
Market Cap
C$5.39B
Enterprise ValueC$5.76B
Total Cash (Recent Filing)C$0.00
Total Debt (Recent Filing)C$149.90M
Price to Earnings (P/E)15.1
Beta0.39
Next Earnings
May 09, 2024EPS Estimate
C$0.71Last Dividend Ex-Date
Mar 14, 2024Dividend Yield1.24%
Share Statistics
EPS (TTM)3.05
Shares Outstanding115,892,700
10 Day Avg. Volume64,480
30 Day Avg. Volume123,321
Standard Deviation0.06
R-Squared0.00003
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)2.46
Price to Sales (P/S)4.54
Price to Cash Flow (P/CF)7.80
P/FCF Ratio5.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$48.50Price Target Upside5.32% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Definity Financial Corp. News
PremiumCompany Announcements
Definity Financial Adopts New Shareholder Plan
PremiumCompany Announcements
Definity Financial Announces Upcoming Shareholder Meeting
Bulls Say, Bears Say
Bulls Say
Company PerformanceIntact Financial has a proven track record of operational excellence and successful acquisition integration, contributing to a robust outlook even in potential recessions.
Financial GrowthTarget price increase to $44 from $40, with increased target price multiple reflecting continued favourable markets.
Industry ResilienceThe Canadian P&C industry is seen as the most recession-proof sub-sector amongst coverage, with a positive earnings outlook for market share gains and incremental growth.
Bears Say
Economic ImpactP&C insurers could see their growth hampered by the broader economic downturn, despite being traditionally seen as resilient during recessions.
Market ValuationThe strengths of P&C insurers have already been factored into their high market valuations, potentially capping future gains in their stock prices.
Stock AppreciationWith a valuation at 1.7x book value for companies with a 10% operating return on equity, the stock may have limited room for appreciation, signaling a cautious approach for investors.
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Options Prices
Currently, No data available
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Ownership Overview
10.78% Insiders
10.70% Mutual Funds
3.65% Other Institutional Investors
74.87% Public Companies and
Individual Investors
DFY FAQ
What was Definity Financial Corp.’s price range in the past 12 months?
Definity Financial Corp. lowest stock price was C$31.74 and its highest was C$47.34 in the past 12 months.
What is Definity Financial Corp.’s market cap?
Currently, no data Available
When is Definity Financial Corp.’s upcoming earnings report date?
Definity Financial Corp.’s upcoming earnings report date is May 09, 2024 which is in 5 days.
How were Definity Financial Corp.’s earnings last quarter?
Definity Financial Corp. released its earnings results on Feb 15, 2024. The company reported C$0.86 earnings per share for the quarter, beating the consensus estimate of C$0.713 by C$0.147.
Is Definity Financial Corp. overvalued?
According to Wall Street analysts Definity Financial Corp.’s price is currently Undervalued.
Does Definity Financial Corp. pay dividends?
Definity Financial Corp. pays a Quarterly dividend of C$0.16 which represents an annual dividend yield of 1.24%. See more information on Definity Financial Corp. dividends here
What is Definity Financial Corp.’s EPS estimate?
Definity Financial Corp.’s EPS estimate is C$0.71.
How many shares outstanding does Definity Financial Corp. have?
Definity Financial Corp. has 115,900,000 shares outstanding.
What happened to Definity Financial Corp.’s price movement after its last earnings report?
Definity Financial Corp. reported an EPS of C$0.86 in its last earnings report, beating expectations of C$0.713. Following the earnings report the stock price went up 3.437%.
Which hedge fund is a major shareholder of Definity Financial Corp.?
Currently, no hedge funds are holding shares in TSE:DFY
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Definity Financial Corp. Stock Smart Score
Neutral
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$48.50 (5.32% Upside)
C$48.50 (5.32% Upside)
Insider Transactions
Sold Shares
Worth C$1.9M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
26.70%
12-Months-Change
Fundamentals
Return on Equity
13.41%
Trailing 12-Months
Asset Growth
-16.69%
Trailing 12-Months
Company Description
Definity Financial Corp.
Definity Financial Corp is a multi-channel, property, and casualty insurance company. It offers auto, property, liability, and pet insurance products to individual customers. Its commercial insurance products include fleet, individually-rated commercial auto, property, liability, and specialty insurance products.
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DFY Stock 12 Months Forecast
Average Price Target
C$48.50
▲(5.32% Upside)
Technical Analysis
Best Analysts Covering DFY
1 Year
1 Year Success Rate
14/16 ratings generated profit
1 Year Average Return
+14.38%
reiterated a buy rating 5 days ago
Copying Phil Hardie's trades and holding each position for 1 Year would result in 87.50% of your transactions generating a profit, with an average return of +14.38% per trade.
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