Desjardins Issues Optimistic Estimate for TSE:DFY Earnings

Definity Financial Co. (TSE:DFY) – Equities research analysts at Desjardins upped their Q3 2025 earnings estimates for shares of Definity Financial in a note issued to investors on Thursday, October 23rd. Desjardins analyst D. Young now expects that the company will earn $0.85 per share for the quarter, up from their previous forecast of $0.81. Desjardins currently has a “Hold” rating and a $70.00 target price on the stock. The consensus estimate for Definity Financial’s current full-year earnings is $3.13 per share. Desjardins also issued estimates for Definity Financial’s FY2025 earnings at $3.25 EPS and FY2027 earnings at $4.30 EPS.

DFY has been the topic of a number of other reports. CIBC cut their price target on shares of Definity Financial from C$80.00 to C$74.00 and set a “neutral” rating on the stock in a report on Thursday, October 23rd. National Bankshares boosted their price target on shares of Definity Financial from C$90.00 to C$92.00 and gave the stock an “outperform” rating in a report on Tuesday, July 29th. Barclays raised shares of Definity Financial to a “hold” rating in a report on Tuesday, September 30th. Finally, TD Securities cut their price target on shares of Definity Financial from C$81.00 to C$74.00 in a report on Wednesday, October 22nd. One research analyst has rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Definity Financial presently has an average rating of “Hold” and a consensus price target of C$73.20.

Definity Financial Price Performance

TSE DFY opened at C$66.39 on Monday. Definity Financial has a 1 year low of C$52.75 and a 1 year high of C$79.95. The firm has a market cap of C$7.96 billion, a price-to-earnings ratio of 19.94, a PEG ratio of 2.63 and a beta of -0.15. The company has a fifty day moving average price of C$70.64 and a 200-day moving average price of C$71.76.

Insider Activity

In other Definity Financial news, Director Sonia Baxendale acquired 500 shares of the company’s stock in a transaction on Tuesday, August 26th. The shares were acquired at an average cost of C$69.00 per share, with a total value of C$34,500.00. Following the completion of the acquisition, the director directly owned 750 shares in the company, valued at C$51,750. This trade represents a 200.00% increase in their ownership of the stock. Also, insider Liam Michael Mcfarlane sold 3,500 shares of the company’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of C$73.58, for a total transaction of C$257,530.00. Following the sale, the insider directly owned 7,669 shares in the company, valued at approximately C$564,285.02. This trade represents a 31.34% decrease in their ownership of the stock. 0.50% of the stock is owned by corporate insiders.

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.