Definity Financial (TSE:DFY) Issues Quarterly Earnings Results

Definity Financial (TSE:DFY) posted its quarterly earnings results on Thursday. The company reported C$0.36 earnings per share (EPS) for the quarter, FiscalAI reports. Definity Financial had a net margin of 7.22% and a return on equity of 11.45%. The firm had revenue of C$1.48 billion for the quarter.

Definity Financial Stock Performance

Definity Financial stock traded down C$1.14 during trading hours on Friday, hitting C$74.57. The company had a trading volume of 285,193 shares, compared to its average volume of 178,869. The firm has a market cap of C$8.96 billion, a PE ratio of 19.37, a PEG ratio of 2.63 and a beta of 0.14. The company has a debt-to-equity ratio of 37.12, a current ratio of 1.35 and a quick ratio of 0.31. Definity Financial has a one year low of C$61.87 and a one year high of C$82.59. The firm has a 50-day moving average of C$71.47 and a 200 day moving average of C$70.80.

Analyst Ratings Changes

Several research analysts have recently weighed in on DFY shares. Raymond James Financial lowered their price objective on shares of Definity Financial from C$85.00 to C$84.00 and set a “market perform” rating on the stock in a research note on Friday, October 16th. TD cut their target price on shares of Definity Financial from C$93.00 to C$87.00 and set a “buy” rating for the company in a research note on Wednesday, October 14th. Jefferies Financial Group lifted their price target on Definity Financial from C$83.00 to C$91.00 and gave the stock a “buy” rating in a report on Monday, July 27th. National Bank Financial lowered their price target on Definity Financial from C$96.00 to C$92.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 28th. Finally, Desjardins dropped their price objective on Definity Financial from C$85.00 to C$80.00 and set a “hold” rating on the stock in a research note on Thursday, October 29th. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Definity Financial currently has a consensus rating of “Moderate Buy” and a consensus target price of C$83.64.

About Definity Financial

Definity Financial Corporation (‘Definity’, which includes its subsidiaries where the context so requires) is one of the leading property and casualty insurers in Canada, with approximately $6.4 billion in gross written premiums (pro forma with the Travelers Transaction 1 ) for the 12 months ended June 30, 2026 and $4.2 billion in equity attributable to common shareholders as at June 30, 2026.