Brokers Issue Forecasts for TSE:DFY FY2026 Earnings

Definity Financial Co. (TSE:DFY) – Research analysts at Desjardins issued their FY2026 EPS estimates for shares of Definity Financial in a research note issued to investors on Tuesday, October 22nd. Desjardins analyst D. Young anticipates that the company will earn $3.35 per share for the year. Desjardins has a “Hold” rating and a $52.00 price objective on the stock. 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 results on Thursday, August 1st. The company reported C$0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.66 by C$0.28. Definity Financial had a net margin of 9.60% and a return on equity of 13.00%. The firm had revenue of C$1.05 billion during the quarter, compared to analysts’ expectations of C$1.07 billion.

Other equities analysts have also recently issued reports about the stock. CIBC cut shares of Definity Financial from an “outperform” rating to a “neutral” rating and upped their price target for the company from C$47.00 to C$51.00 in a research report on Tuesday, August 6th. Cormark upped their price objective on shares of Definity Financial from C$49.00 to C$51.00 in a research note on Friday, July 26th. National Bankshares upped their price objective on shares of Definity Financial from C$60.00 to C$62.00 and gave the company an “outperform” rating in a research note on Tuesday, August 6th. TD Securities upped their price objective on shares of Definity Financial from C$52.00 to C$55.00 in a research note on Friday, September 20th. Finally, Raymond James upped their price objective on shares of Definity Financial from C$55.00 to C$58.00 in a research note on Tuesday, October 22nd. Six analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Definity Financial has a consensus rating of “Hold” and an average price target of C$53.40.

Definity Financial Trading Down 0.1 %

Shares of TSE DFY opened at C$55.03 on Friday. The company has a debt-to-equity ratio of 6.38, a quick ratio of 0.31 and a current ratio of 7.68. Definity Financial has a 52-week low of C$35.48 and a 52-week high of C$55.86. The firm has a 50 day moving average price of C$52.09 and a two-hundred day moving average price of C$47.62. The stock has a market cap of C$6.32 billion, a P/E ratio of 16.63, a price-to-earnings-growth ratio of 2.63 and a beta of 0.04.

Definity Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 1.16%. The ex-dividend date was Friday, September 13th. Definity Financial’s dividend payout ratio is presently 19.34%.

About Definity Financial

Definity Financial Corporation, together with its subsidiaries, offers property and casualty insurance products in Canada. It provides personal insurance products, including auto, property, general and umbrella liability, and pet insurance products to individuals under the Economical, Sonnet, Family, Petsecure, and Peppermint brands; and commercial insurance products, which include fleet, commercial auto, property, liability, and specialty insurance products to businesses under the Definity Insurance and Economical brand name.