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iA Financial Corporation Inc (TSE:IAG)
TSX:IAG
RESEARCH TOOLSreports
iA Financial Corporation Inc (IAG) Stock Price & Analysis
163 Followers
IAG Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$76.18 - C$92.93
Previous CloseC$81.83
Volume325.61K
Average Volume (3M)233.16K
Market Cap
C$8.05B
Enterprise ValueC$9.66B
Total Cash (Recent Filing)C$0.00
Total Debt (Recent Filing)C$1.61B
Price to Earnings (P/E)10.9
Beta0.84
Next Earnings
May 09, 2024EPS Estimate
C$2.39Last Dividend Ex-Date
Feb 29, 2024Dividend Yield3.82%
Share Statistics
EPS (TTM)7.61
Shares Outstanding99,642,745
10 Day Avg. Volume240,391
30 Day Avg. Volume233,156
Standard Deviation0.08
R-Squared0.44
Alpha0.00762
Financial Highlights & Ratios
Price to Book (P/B)2.32
Price to Sales (P/S)1.33
Price to Cash Flow (P/CF)3.80
P/FCF Ratio2.90
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$97.50Price Target Upside19.15% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Bulls Say, Bears Say
Bulls Say
Dividend And Earnings GrowthStrong organic capital generation with a significant dividend increase represents a high percentage of estimated core EPS, indicating robust financial health and shareholder value.
Sales GrowthBetter U.S. insurance sales, with a noticeable year-over-year increase, showcases strong growth potential and market confidence.
ValuationIAG stock is attractively valued at approximately 8.3x next twelve months core EPS, signaling a potential investment opportunity.
Bears Say
Cost IncreaseCorporate expense spend is up over 20% year over year.
Earnings MissCore EPS $2.34 misses the estimated $2.40/$2.48 due to higher corporate expenses.
Negative FactorsNegatives include: Higher corporate expense spend, which is up over 20%.
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Options Prices
Currently, No data available
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Ownership Overview
0.38% Insiders
4.18% Mutual Funds
7.27% Other Institutional Investors
88.17% Public Companies and
Individual Investors
IAG FAQ
What was iA Financial Corporation Inc’s price range in the past 12 months?
iA Financial Corporation Inc lowest stock price was C$76.18 and its highest was C$92.93 in the past 12 months.
What is iA Financial Corporation Inc’s market cap?
Currently, no data Available
When is iA Financial Corporation Inc’s upcoming earnings report date?
iA Financial Corporation Inc’s upcoming earnings report date is May 09, 2024 which is in 20 days.
How were iA Financial Corporation Inc’s earnings last quarter?
iA Financial Corporation Inc released its earnings results on Feb 20, 2024. The company reported C$2.34 earnings per share for the quarter, missing the consensus estimate of C$2.479 by -C$0.139.
Is iA Financial Corporation Inc overvalued?
According to Wall Street analysts iA Financial Corporation Inc’s price is currently Undervalued.
Does iA Financial Corporation Inc pay dividends?
iA Financial Corporation Inc pays a Quarterly dividend of C$0.82 which represents an annual dividend yield of 3.82%. See more information on iA Financial Corporation Inc dividends here
What is iA Financial Corporation Inc’s EPS estimate?
iA Financial Corporation Inc’s EPS estimate is C$2.39.
How many shares outstanding does iA Financial Corporation Inc have?
iA Financial Corporation Inc has 98,350,870 shares outstanding.
What happened to iA Financial Corporation Inc’s price movement after its last earnings report?
iA Financial Corporation Inc reported an EPS of C$2.34 in its last earnings report, missing expectations of C$2.479. Following the earnings report the stock price went down -8.649%.
Which hedge fund is a major shareholder of iA Financial Corporation Inc?
Currently, no hedge funds are holding shares in TSE:IAG
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iA Financial Corporation Inc Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$97.50 (19.15% Upside)
C$97.50 (19.15% Upside)
Blogger Sentiment
Bullish
TSE:IAG Sentiment 100%
Sector Average 69%
Sector Average 69%
Insider Transactions
Bought Shares
Worth C$985.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 9.6%
Last 30 Days ▲ 1.0%
Last 30 Days ▲ 1.0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-3.12%
12-Months-Change
Fundamentals
Return on Equity
11.13%
Trailing 12-Months
Asset Growth
7.87%
Trailing 12-Months
Company Description
iA Financial Corporation Inc
iA Financial Corp is a life and health insurance company. It offers life and health insurance products, savings and retirement plans, mutual funds, securities, auto and home insurance, mortgages, and others. The company operates and manages its activities according to five main reportable operating segments Individual Insurance, Individual Wealth Management, Group Insurance, Group Savings and Retirement, and US Operations. The Individual Insurance segment which derives large revenue includes Life, health, disability, and mortgage insurance products.
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IAG Stock 12 Months Forecast
Average Price Target
C$97.50
▲(19.15% Upside)
Technical Analysis
Best Analysts Covering IAG
1 Year
1 Year Success Rate
29/32 ratings generated profit
1 Year Average Return
+23.80%
reiterated a buy rating 12 months ago
Copying Scott Chan CFA's trades and holding each position for 1 Year would result in 90.63% of your transactions generating a profit, with an average return of +23.80% per trade.
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