TSE:DFY

Definity Financial (DFY.TO)

68.53
+1.68 (2.51%)
as of Jun 5, 2026, 6:36:47 pm Market Open.
57 watching
0
Investor Insights
star iconJun 3, 2026, 12:00 am

This summary was created by AI, based on 4 opinions in the last 12 months.

Definity Financial (DFY-T) has garnered positive reviews, emphasizing its position in the P&C insurance sector and the benefits of synergies from recent acquisitions, particularly Travelers Canada. Analysts note a solid performance in underwriting and an optimistic outlook for mid-teen return on equities (ROEs) over the next three years, with the potential for growth driven by artificial intelligence efficiencies. With a current price-to-earnings (PE) ratio of 14x and projected growth of 26%, the stock appears to be an attractive buy despite being considered slightly overvalued at 19.4x PE by some experts. The company is also praised for its decent dividend yield of 1.32%. Investment strategies suggest starting a position now and potentially increasing it if the stock price drops by 15-20%. Overall, the consensus indicates a good opportunity for new investments in a company focused on efficiency and growth.

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Consensus
Positive
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Valuation
Fair Value
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Similar
Intact, IFC.TO
TOP PICK

Up 30% in one year and the biggest IPO of 2021. Their combined ratio went from 110% to 90%, from losing to making money. Pays a 1.3% dividend. Also they have a pet insurance business, a lucrative space.

(Analysts’ price target is $42.95)
BUY ON WEAKNESS

Well managed company that will perform well.
Higher interest rates will benefit company.
Does not own shares, but thinks is a good business.
Hold for the long term and dividend yield. 

BUY
Small, junior version of IFC, which he does own. Prefers IFC with its scale, breadth, and geographic diversification. P&C has been in the sweet spot. Likes it. If he were going to own another, this would probably be the one.
WAIT
They added it to the portfolio earlier this year. It is in the property and casualty insurance business and is inexpensive compared to Intact Financial, its main peer. It has great pricing power and good growth. Wait for a pullback.
BUY
Stock's doing well. Trading at a discount to IFC. Reasonable valuation. P&C is a great business. Can see them growing and acquiring. Buy while it's not yet on people's radar.
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