iA Financial GroupIAG.TODON'T BUYFeb 23, 2026Stock price when the opinion was issued
As of Jul 03, 2026. Market Open.
They focus more on personal insurance, but have been consolidating personal investment advisors with the largest network of advisors in Canada now. It trades at 9 times earnings and they are growing the dividend. It is cheaper than a Sunlife or Manulife. Yield 2.9%. (Analysts’ price target is $63.22)
It fell 11% last week after releasing Q4 numbers while peers had good earnings. IAG had a mild miss, but market reaction was severe. He prefers MFC and SLF for valuation.