Definity Financial (TSE:DFY) Posts Quarterly Earnings Results

Definity Financial (TSE:DFY) issued its quarterly earnings results on Thursday. The company reported C$0.36 earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of C$1.48 billion during the quarter. Definity Financial had a return on equity of 11.45% and a net margin of 7.22%.

Definity Financial Price Performance

Shares of TSE:DFY opened at C$69.74 on Friday. The firm has a 50 day moving average of C$71.43 and a 200-day moving average of C$70.79. The stock has a market capitalization of C$8.38 billion, a PE ratio of 18.11, a PEG ratio of 2.63 and a beta of 0.14. The company has a current ratio of 1.35, a quick ratio of 0.31 and a debt-to-equity ratio of 37.12. Definity Financial has a 12 month low of C$61.87 and a 12 month high of C$82.59.

Analysts Set New Price Targets

Several equities analysts have weighed in on DFY shares. Raymond James Financial dropped their price objective on Definity Financial from C$85.00 to C$84.00 and set a “market perform” rating for the company in a report on Friday, October 16th. Scotia cut their target price on Definity Financial from C$84.00 to C$83.00 and set a “sector perform” rating for the company in a research report on Wednesday, October 7th. Desjardins reduced their target price on Definity Financial from C$85.00 to C$80.00 and set a “hold” rating on the stock in a report on Thursday, October 29th. National Bank Financial reduced their target price on Definity Financial from C$96.00 to C$92.00 and set an “outperform” rating on the stock in a report on Wednesday, October 28th. Finally, Jefferies Financial Group raised their price target on Definity Financial from C$83.00 to C$91.00 and gave the stock a “buy” rating in a research report on Monday, July 27th. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of C$83.33.

About Definity Financial

Definity Financial Corporation (‘Definity’, which includes its subsidiaries where the context so requires) is one of the leading property and casualty insurers in Canada, with approximately $6.4 billion in gross written premiums (pro forma with the Travelers Transaction 1 ) for the 12 months ended June 30, 2026 and $4.2 billion in equity attributable to common shareholders as at June 30, 2026.