Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) – Stock analysts at Desjardins upped their FY2017 earnings per share (EPS) estimates for Industrial Alliance Insur. & Fin. Ser. in a report released on Tuesday. Desjardins analyst D. Young now expects that the company will post earnings of $4.86 per share for the year, up from their prior forecast of $4.80.

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IAG has been the subject of a number of other research reports. Scotiabank reissued a “sector perform” rating on shares of Industrial Alliance Insur. & Fin. Ser. in a report on Thursday, August 3rd. Royal Bank Of Canada increased their price target on Industrial Alliance Insur. & Fin. Ser. from C$57.00 to C$58.00 and gave the company a “sector perform” rating in a report on Friday, August 4th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. Industrial Alliance Insur. & Fin. Ser. has a consensus rating of “Hold” and an average target price of C$59.11.

Shares of Industrial Alliance Insur. & Fin. Ser. (IAG) opened at 56.32 on Friday. The stock’s 50 day moving average price is $54.31 and its 200 day moving average price is $54.80. Industrial Alliance Insur. & Fin. Ser. has a 12 month low of $48.69 and a 12 month high of $59.41. The firm has a market cap of $6.00 billion and a price-to-earnings ratio of 11.07.

In other Industrial Alliance Insur. & Fin. Ser. news, insider Michel Tremblay sold 10,000 shares of the stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of C$56.33, for a total transaction of C$563,300.00. Also, insider Renée Laflamme sold 5,000 shares of the stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of C$53.04, for a total value of C$265,200.00. In the last ninety days, insiders have acquired 10,200 shares of company stock worth $356,147.

The company also recently announced a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, August 25th were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 2.49%. The ex-dividend date was Wednesday, August 23rd. This is an increase from Industrial Alliance Insur. & Fin. Ser.’s previous quarterly dividend of $0.23.

About Industrial Alliance Insur. & Fin. Ser.

Earnings History and Estimates for Industrial Alliance Insur. & Fin. Ser. (TSE:IAG)

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