Cormark Boosts Earnings Estimates for Definity Financial

Definity Financial Co. (TSE:DFY) – Research analysts at Cormark upped their FY2026 EPS estimates for Definity Financial in a research report issued on Wednesday, June 11th. Cormark analyst L. Persaud now forecasts that the company will post earnings per share of $3.78 for the year, up from their prior forecast of $3.64. Cormark currently has a “Moderate Buy” rating on the stock. The consensus estimate for Definity Financial’s current full-year earnings is $3.13 per share.

A number of other equities analysts also recently weighed in on the stock. CIBC set a C$80.00 target price on shares of Definity Financial and gave the stock a “neutral” rating in a report on Thursday. UBS Group boosted their target price on shares of Definity Financial from C$58.00 to C$63.00 in a report on Tuesday, February 18th. TD Securities boosted their target price on shares of Definity Financial from C$72.00 to C$78.00 and gave the stock a “hold” rating in a report on Wednesday. National Bankshares set a C$90.00 target price on shares of Definity Financial and gave the stock an “outperform” rating in a report on Wednesday. Finally, Jefferies Financial Group lowered their target price on shares of Definity Financial from C$62.00 to C$58.00 in a report on Monday, April 21st. Six analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of C$69.27.

Definity Financial Stock Up 1.4%

TSE DFY opened at C$77.81 on Friday. The company has a market capitalization of C$8.98 billion, a PE ratio of 16.47, a price-to-earnings-growth ratio of 2.63 and a beta of 0.04. Definity Financial has a 12-month low of C$42.11 and a 12-month high of C$79.06. The firm’s 50 day moving average is C$68.32 and its 200-day moving average is C$62.39.

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.