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TSE:DFY

Definity Financial (DFY.TO)

73.84
+0.95 (1.30%)
as of Aug 28, 2026, 8:00:01 pm Market Open.
59 watching
0
Investor Insights
star iconAug 29, 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 attention for its solid performance and strategic moves, especially following its integration with Travelers Insurance, which has yielded better-than-expected synergies and an improved combined ratio. The company has avoided significant catastrophic losses recently, contributing to a more favorable outlook compared to market expectations. Analysts highlight the attractive pricing of the stock, with a current P/E ratio of around 14x for 2027, and project strong growth rates in the mid-teens relative to ROEs over the next three years. With its focus on property and casualty insurance and the ongoing benefits from AI efficiencies, experts suggest that now may be an opportune time to invest, particularly given the potential for further gains if the stock price dips. Overall, the experts view this stock as a blend of growth, value, and decent dividend potential.

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Consensus
Positive
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Valuation
Undervalued
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Similar
Intact, IFC-T
TOP PICK

 Although not well known it is Canada's 7th biggest property/casualty insurance company. 70% is personal insurance and 30% is commercial. Its IPO was 18 months ago on the TSX and it is now trading at 1 1/2 times BV. It can grow organically and can now leverage its balance sheet to make acquisitions. After a nice run along with a recent pull-back, he is buying more. It is profitable and growing faster than Intact Insurance, the gold standard in Canada.
Buy 7   Hold 4   Sell 0 

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.
Showing 31 to 36 of 36 entries