Q1 EPS Estimate for Definity Financial Lowered by Analyst

Definity Financial Co. (TSE:DFY) – Stock analysts at Desjardins reduced their Q1 2025 earnings estimates for Definity Financial in a research report issued on Wednesday, April 23rd. Desjardins analyst D. Young now forecasts that the company will post earnings of $0.63 per share for the quarter, down from their prior estimate of $0.71. Desjardins has a “Hold” rating and a $67.00 price target on the stock. The consensus estimate for Definity Financial’s current full-year earnings is $3.13 per share.

DFY has been the topic of several other research reports. TD Securities lifted their target price on shares of Definity Financial from C$60.00 to C$71.00 and gave the stock a “hold” rating in a report on Friday, February 14th. Jefferies Financial Group reduced their target price on Definity Financial from C$62.00 to C$58.00 in a research report on Monday, April 21st. Scotiabank upped their price objective on Definity Financial from C$61.00 to C$62.00 and gave the company a “sector perform” rating in a research note on Thursday. Raymond James increased their target price on shares of Definity Financial from C$55.00 to C$62.00 in a research report on Tuesday, February 18th. Finally, UBS Group lifted their price objective on Definity Financial from C$58.00 to C$63.00 in a research report on Tuesday, February 18th. Nine research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of C$62.45.

Definity Financial Trading Down 1.2 %

Definity Financial stock opened at C$65.83 on Friday. Definity Financial has a 1-year low of C$41.97 and a 1-year high of C$66.93. The firm’s fifty day simple moving average is C$61.88 and its 200-day simple moving average is C$58.73. The company has a market capitalization of C$7.59 billion, a P/E ratio of 13.94, a P/E/G ratio of 2.63 and a beta of 0.04.

About Definity Financial

Definity Financial Corp is a multi-channel, property, and casualty insurance company. It offers auto, property, liability, and pet insurance products to individual customers.