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iA Financial Corporation Inc (TSE:IAG)
TSX:IAG
RESEARCH TOOLSreports
iA Financial Corporation Inc (IAG) Stock Price & Analysis
172 Followers
IAG Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$76.18 - C$92.93
Previous CloseC$90.7
Volume490.57K
Average Volume (3M)284.33K
Market Cap
C$8.82B
Enterprise ValueC$10.32B
Total Cash (Recent Filing)C$0.00
Total Debt (Recent Filing)C$1.50B
Price to Earnings (P/E)12.3
Beta0.83
Next Earnings
Aug 01, 2024EPS Estimate
C$2.53Next Dividend Ex-Date
May 23, 2024Dividend Yield3.46%
Share Statistics
EPS (TTM)7.36
Shares Outstanding99,642,745
10 Day Avg. Volume312,438
30 Day Avg. Volume284,334
Standard Deviation0.08
R-Squared0.44
Alpha0.00712
Financial Highlights & Ratios
Price to Book (P/B)2.59
Price to Sales (P/S)1.46
Price to Cash Flow (P/CF)4.20
P/FCF Ratio3.20
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$98.83Price Target Upside7.32% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
iA Financial Corporation Inc News
PremiumCompany Announcements
iA Financial Corporation’s Strong Start in 2024
PremiumCompany Announcements
iA Financial Announces Upcoming DividendsBulls Say, Bears Say
Bulls Say
Company ResilienceIAG lowers its core EPS sensitivity to interest rate movements by 40%, enhancing the stability and predictability of the company's financial performance.
Financial PerformanceIAG stock is attractively valued at approximately 8.3x next twelve months core EPS, indicating a potential undervaluation compared to peers.
Shareholder ReturnsStrong organic capital generation with $600mm plus increased dividend represents 90% of 2024 estimated core EPS, demonstrating the company's commitment to returning value to shareholders.
Bears Say
Earnings MissCore EPS $2.34 misses the estimated $2.40/$2.48 due to higher corporate expenses.
Increased ExpensesCorporate expense spend is up over 20% year over year in 2023.
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
0.39% Insiders
4.22% Mutual Funds
7.37% Other Institutional Investors
88.02% 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 Aug 01, 2024 which is in 75 days.
How were iA Financial Corporation Inc’s earnings last quarter?
iA Financial Corporation Inc released its earnings results on May 09, 2024. The company reported C$2.44 earnings per share for the quarter, beating the consensus estimate of C$2.346 by C$0.094.
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 3.46%. 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$2.53.
How many shares outstanding does iA Financial Corporation Inc have?
iA Financial Corporation Inc has 97,219,330 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$2.44 in its last earnings report, beating expectations of C$2.346. Following the earnings report the stock price went up 3.885%.
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
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5
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7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
C$98.83 (7.32% Upside)
C$98.83 (7.32% Upside)
Blogger Sentiment
Bullish
TSE:IAG Sentiment 100%
Sector Average 68%
Sector Average 68%
Insider Transactions
Bought Shares
Worth C$939.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.9%
Last 30 Days ▲ 7.8%
Last 30 Days ▲ 7.8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
9.61%
12-Months-Change
Fundamentals
Return on Equity
10.54%
Trailing 12-Months
Asset Growth
9.29%
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 Month Forecast
Average Price Target
C$98.83
▲(7.32% Upside)
Technical Analysis
Best Analysts Covering IAG
1 Year
1 Year Success Rate
24/27 ratings generated profit
1 Year Average Return
+13.44%
reiterated a buy rating 8 days ago
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