iA Financial Co. Inc. (TSE:IAG – Free Report) – Investment analysts at Desjardins issued their Q1 2025 earnings estimates for iA Financial in a research note issued on Wednesday, February 19th. Desjardins analyst D. Young anticipates that the company will post earnings per share of $2.81 for the quarter. Desjardins has a “Hold” rating and a $145.00 price target on the stock. The consensus estimate for iA Financial’s current full-year earnings is $11.62 per share. Desjardins also issued estimates for iA Financial’s Q2 2025 earnings at $3.01 EPS, Q3 2025 earnings at $3.16 EPS, FY2025 earnings at $12.10 EPS and FY2026 earnings at $13.20 EPS.
Several other research analysts have also recently commented on the company. Cormark increased their price target on iA Financial from C$127.00 to C$130.00 in a research report on Wednesday, November 6th. BMO Capital Markets raised their target price on shares of iA Financial from C$140.00 to C$150.00 and gave the company an “outperform” rating in a research note on Thursday. Cibc World Mkts raised shares of iA Financial from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 30th. CIBC lifted their price objective on shares of iA Financial from C$144.00 to C$149.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, TD Securities upped their target price on shares of iA Financial from C$143.00 to C$146.00 and gave the company a “buy” rating in a report on Wednesday. Five research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$140.63.
iA Financial Price Performance
iA Financial stock opened at C$127.12 on Friday. The firm has a 50-day moving average of C$131.62 and a 200-day moving average of C$120.30. The company has a market cap of C$11.93 billion, a price-to-earnings ratio of 12.11, a P/E/G ratio of 1.26 and a beta of 1.13. iA Financial has a one year low of C$80.95 and a one year high of C$141.88.
iA Financial Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Friday, February 28th will be issued a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a yield of 2.83%. iA Financial’s payout ratio is currently 31.25%.
Insider Activity at iA Financial
In related news, Senior Officer Alain Bergeron sold 2,750 shares of the stock in a transaction that occurred on Thursday, November 28th. The stock was sold at an average price of C$134.00, for a total transaction of C$368,500.00. Following the sale, the insider now owns 500 shares of the company’s stock, valued at C$67,000. This represents a 84.62 % decrease in their ownership of the stock. Also, Director Denis Ricard sold 5,000 shares of the firm’s stock in a transaction on Thursday, December 5th. The stock was sold at an average price of C$137.00, for a total value of C$685,000.00. Insiders sold 11,010 shares of company stock worth $1,489,142 in the last ninety days. 0.09% of the stock is owned by company insiders.
iA Financial Company Profile
iA Financial Corporation Inc, provides insurance and wealth management services in Canada and the United States. The company operates through Insurance, Canada; Wealth Management; Investment; and US Operations segments. The company provides health, auto, home, and creditor insurance products; replacement insurance products and warranties; extended warranties and other ancillary products for dealer services; specialized products for special markets; and life insurance products and extended warranties relating to dealer services.
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