Equities Analysts Offer Predictions for Definity Financial Co.’s FY2025 Earnings (TSE:DFY)

Definity Financial Co. (TSE:DFY) – Equities researchers at National Bank Financial dropped their FY2025 earnings per share estimates for shares of Definity Financial in a research report issued to clients and investors on Monday, April 29th. National Bank Financial analyst J. Gloyn now anticipates that the company will post earnings of $2.92 per share for the year, down from their prior estimate of $2.93. The consensus estimate for Definity Financial’s current full-year earnings is $2.79 per share.

Definity Financial (TSE:DFY) last announced its earnings results on Thursday, February 15th. The company reported C$0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.74 by C$0.12. The company had revenue of C$1 billion for the quarter. Definity Financial had a return on equity of 12.52% and a net margin of 9.06%.

A number of other research analysts have also weighed in on the stock. Cormark raised their price target on shares of Definity Financial from C$42.00 to C$43.00 in a research report on Friday, February 16th. CIBC boosted their target price on Definity Financial from C$46.00 to C$47.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 16th. National Bankshares upped their target price on Definity Financial from C$59.00 to C$60.00 and gave the company an “outperform” rating in a report on Tuesday. BMO Capital Markets lifted their price target on Definity Financial from C$40.00 to C$44.00 and gave the stock a “market perform” rating in a report on Tuesday, February 20th. Finally, TD Securities upped their price objective on Definity Financial from C$45.00 to C$49.00 and gave the company a “buy” rating in a research note on Friday, February 16th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$47.70.

Definity Financial Price Performance

DFY opened at C$46.01 on Thursday. Definity Financial has a 1 year low of C$32.09 and a 1 year high of C$47.50. The company has a debt-to-equity ratio of 4.99, a current ratio of 4.68 and a quick ratio of 0.31. The company has a market capitalization of C$5.33 billion, a price-to-earnings ratio of 15.34, a P/E/G ratio of 2.63 and a beta of 0.08. The firm’s fifty day moving average price is C$44.83 and its two-hundred day moving average price is C$40.35.

Definity Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were given a dividend of $0.16 per share. This is a boost from Definity Financial’s previous quarterly dividend of $0.14. This represents a $0.64 dividend on an annualized basis and a yield of 1.39%. The ex-dividend date was Thursday, March 14th. Definity Financial’s dividend payout ratio (DPR) is presently 21.33%.

Definity Financial Company Profile

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.