
Definity Financial Co. (TSE:DFY – Free Report) – Equities researchers at DOWLING & PARTN lifted their FY2026 earnings estimates for Definity Financial in a research note issued to investors on Friday, August 7th. DOWLING & PARTN analyst J. Ferguson now anticipates that the company will earn $4.00 per share for the year, up from their previous forecast of $3.90. The consensus estimate for Definity Financial’s current full-year earnings is $3.13 per share. DOWLING & PARTN also issued estimates for Definity Financial’s FY2027 earnings at $4.70 EPS and FY2028 earnings at $5.40 EPS.
DFY has been the topic of several other research reports. Raymond James Financial raised their price target on Definity Financial from C$80.00 to C$85.00 and gave the company a “market perform” rating in a report on Friday, July 31st. Barclays raised their target price on shares of Definity Financial from C$78.00 to C$79.00 in a research note on Friday, May 8th. Desjardins dropped their price target on shares of Definity Financial from C$75.00 to C$73.00 and set a “hold” rating for the company in a research note on Monday, April 27th. Canadian Imperial Bank of Commerce increased their price objective on shares of Definity Financial from C$74.00 to C$84.00 in a report on Tuesday, July 14th. Finally, TD raised their price objective on shares of Definity Financial from C$89.00 to C$93.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of C$83.40.
Definity Financial Stock Performance
Shares of DFY opened at C$78.96 on Tuesday. The business’s fifty day moving average price is C$75.75 and its two-hundred day moving average price is C$70.07. The firm has a market capitalization of C$9.49 billion, a price-to-earnings ratio of 20.51, a PEG ratio of 2.63 and a beta of -0.02. Definity Financial has a 52 week low of C$61.87 and a 52 week high of C$82.59.
Definity Financial (TSE:DFY – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported C$0.97 earnings per share for the quarter. Definity Financial had a net margin of 7.22% and a return on equity of 11.45%. The business had revenue of C$2.05 billion during the quarter.
Insider Activity at Definity Financial
In other news, insider Brigid V. Pelino sold 5,000 shares of Definity Financial stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of C$72.00, for a total transaction of C$360,000.00. Following the transaction, the insider directly owned 74,109 shares of the company’s stock, valued at C$5,335,848. This trade represents a 6.32% decrease in their ownership of the stock. Also, insider Innes Fraser Dey sold 4,800 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of C$81.00, for a total transaction of C$388,800.00. Following the completion of the transaction, the insider directly owned 53,150 shares of the company’s stock, valued at C$4,305,150. This trade represents a 8.28% decrease in their position. Insiders sold 18,638 shares of company stock valued at $1,461,345 in the last ninety days. Insiders own 0.50% of the company’s stock.
Definity Financial Company Profile
Definity Financial Corp is a multi-channel, property, and casualty insurance company. It offers auto, property, liability, and pet insurance products to individual customers.
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