Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) – Research analysts at Desjardins issued their FY2019 EPS estimates for Industrial Alliance Insur. & Fin. Ser. in a research note issued to investors on Tuesday. Desjardins analyst D. Young expects that the company will post earnings of $5.61 per share for the year.

Other analysts have also issued research reports about the company. Royal Bank Of Canada increased their price objective on Industrial Alliance Insur. & Fin. Ser. from C$57.00 to C$58.00 and gave the company a “sector perform” rating in a report on Friday, August 4th. Scotiabank restated a “sector perform” rating on shares of Industrial Alliance Insur. & Fin. Ser. in a research note on Thursday, August 3rd. Finally, TD Securities upgraded Industrial Alliance Insur. & Fin. Ser. from a “hold” rating to a “buy” rating in a research note on Wednesday, June 14th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of C$59.11.

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Shares of Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) traded down 0.74% on Thursday, reaching $56.48. The company’s stock had a trading volume of 47,283 shares. The firm has a 50-day moving average price of $54.22 and a 200 day moving average price of $54.79. The firm has a market capitalization of $6.02 billion and a PE ratio of 11.10. Industrial Alliance Insur. & Fin. Ser. has a one year low of $48.69 and a one year high of $59.41.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, August 25th were paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 2.46%. This is a positive change from Industrial Alliance Insur. & Fin. Ser.’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Wednesday, August 23rd.

In other news, insider Renée Laflamme sold 5,000 shares of Industrial Alliance Insur. & Fin. Ser. stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of C$53.04, for a total transaction of C$265,200.00. Also, insider Michel Tremblay sold 10,000 shares of Industrial Alliance Insur. & Fin. Ser. stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of C$56.33, for a total transaction of C$563,300.00. Insiders acquired a total of 10,200 shares of company stock worth $356,147 over the last three months.

Industrial Alliance Insur. & Fin. Ser. Company Profile

Earnings History and Estimates for Industrial Alliance Insur. & Fin. Ser. (TSE:IAG)

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