TSE:DFY FY2025 EPS Increased by National Bank Financial

Definity Financial Co. (TSE:DFY) – National Bank Financial lifted their FY2025 earnings per share (EPS) estimates for Definity Financial in a research report issued on Sunday, November 10th. National Bank Financial analyst J. Gloyn now expects that the company will post earnings per share of $3.19 for the year, up from their prior forecast of $3.18. The consensus estimate for Definity Financial’s current full-year earnings is $3.13 per share. National Bank Financial also issued estimates for Definity Financial’s FY2026 earnings at $3.64 EPS.

Other equities analysts have also issued research reports about the company. Desjardins raised their price objective on Definity Financial from C$47.00 to C$52.00 and gave the stock a “hold” rating in a research note on Tuesday, August 6th. Royal Bank of Canada lifted their price target on Definity Financial from C$58.00 to C$61.00 in a research note on Friday, August 2nd. CIBC lowered Definity Financial from an “outperform” rating to a “neutral” rating and lifted their price target for the company from C$47.00 to C$51.00 in a research note on Tuesday, August 6th. Cibc World Mkts lowered Definity Financial from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 6th. Finally, National Bankshares lifted their price target on Definity Financial from C$62.00 to C$65.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. Eight research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of C$55.00.

Definity Financial Price Performance

Definity Financial stock opened at C$55.02 on Tuesday. The stock’s fifty day moving average price is C$53.14 and its two-hundred day moving average price is C$48.45. Definity Financial has a one year low of C$35.48 and a one year high of C$58.73. The company has a debt-to-equity ratio of 6.38, a current ratio of 7.68 and a quick ratio of 0.31. The firm has a market cap of C$6.32 billion, a PE ratio of 16.62, a price-to-earnings-growth ratio of 2.63 and a beta of 0.04.

Definity Financial (TSE:DFY) last announced its earnings results on Thursday, November 7th. The company reported C$0.13 earnings per share for the quarter, topping analysts’ consensus estimates of C($0.04) by C$0.17. The company had revenue of C$1.10 billion for the quarter, compared to analyst estimates of C$1.10 billion. Definity Financial had a return on equity of 13.00% and a net margin of 9.60%.

Definity Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 1.16%. The ex-dividend date is Friday, December 13th. Definity Financial’s payout ratio is presently 19.34%.

About Definity Financial

Definity Financial Corporation, together with its subsidiaries, offers property and casualty insurance products in Canada. It provides personal insurance products, including auto, property, general and umbrella liability, and pet insurance products to individuals under the Economical, Sonnet, Family, Petsecure, and Peppermint brands; and commercial insurance products, which include fleet, commercial auto, property, liability, and specialty insurance products to businesses under the Definity Insurance and Economical brand name.