TSE:DFY Stock Gets Weaker EPS Estimate from DOWLING & PARTN

Definity Financial Co. (TSE:DFY) – Equities researchers at DOWLING & PARTN reduced their FY2026 earnings per share estimates for shares of Definity Financial in a note issued to investors on Wednesday, October 7th. DOWLING & PARTN analyst J. Ferguson now expects that the company will post earnings per share of $3.35 for the year, down from their previous forecast of $3.60. The consensus estimate for Definity Financial’s current full-year earnings is $3.13 per share.

Definity Financial (TSE:DFY) last announced its quarterly earnings data on Thursday, July 30th. The company reported C$0.97 earnings per share for the quarter. Definity Financial had a return on equity of 11.45% and a net margin of 7.22%.The firm had revenue of C$2.05 billion during the quarter.

DFY has been the subject of a number of other reports. Jefferies Financial Group upped their price target on shares of Definity Financial from C$83.00 to C$91.00 and gave the company a “buy” rating in a report on Monday, July 27th. National Bank Financial raised their price target on shares of Definity Financial from C$94.00 to C$96.00 and gave the stock an “outperform” rating in a report on Monday, July 27th. TD boosted their price objective on shares of Definity Financial from C$89.00 to C$93.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Canadian Imperial Bank of Commerce boosted their price objective on shares of Definity Financial from C$74.00 to C$84.00 in a research report on Tuesday, July 14th. Finally, Raymond James Financial upped their price objective on shares of Definity Financial from C$80.00 to C$85.00 and gave the company a “market perform” rating in a research note on Friday, July 31st. Four research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of C$83.36.

Definity Financial Stock Up 1.4%

Shares of Definity Financial stock opened at C$67.23 on Friday. The company has a debt-to-equity ratio of 37.12, a quick ratio of 0.31 and a current ratio of 1.35. Definity Financial has a 52-week low of C$61.87 and a 52-week high of C$82.59. The stock has a market capitalization of C$8.08 billion, a price-to-earnings ratio of 17.46, a P/E/G ratio of 2.63 and a beta of 0.10. The company’s 50 day moving average price is C$73.56 and its 200-day moving average price is C$71.47.

Insider Buying and Selling

In related news, insider Innes Fraser Dey sold 4,800 shares of Definity Financial stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of C$81.00, for a total value of C$388,800.00. Following the sale, the insider owned 53,150 shares in the company, valued at C$4,305,150. The trade was a 8.28% decrease in their ownership of the stock. Insiders sold a total of 13,638 shares of company stock valued at $1,101,345 over the last ninety days. Company insiders own 0.50% of the company’s stock.

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.