TSE:IFC
128.12
3.92
(2.97%)
Intact Insurance is the largest provider of property and casualty insurance in Canada with close to $8.0 billion in annual premiums.
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Analysis and Opinions about IFC-T
Signal
Opinion
Expert
TOP PICK
TOP PICK
March 11, 2020
Looking out one year, what's an ironclad business that's going to be growth but defensive. Still modeling about 25% EPS growth. Makes sense on a price to growth. Recession resilient. Yield is 2.52%. (Analysts’ price target is $159.38)
Show full opinionHide full opinion
Looking out one year, what's an ironclad business that's going to be growth but defensive. Still modeling about 25% EPS growth. Makes sense on a price to growth. Recession resilient. Yield is 2.52%. (Analysts’ price target is $159.38)
PAST TOP PICK
PAST TOP PICK
March 4, 2020
(A Top Pick Sep 27/19, Up 18%) Canada's biggest P&C insurer, IFC continues to snap up busineses. Most insurers lose money on underwriting, but the CEO has done a great job in making money underwriting as well as acquiring other companies.
Show full opinionHide full opinion(A Top Pick Sep 27/19, Up 18%) Canada's biggest P&C insurer, IFC continues to snap up busineses. Most insurers lose money on underwriting, but the CEO has done a great job in making money underwriting as well as acquiring other companies.
DON'T BUY
DON'T BUY
February 28, 2020
He does not own this one. It has been on a great run. The outlook for long term interest rates makes the life insurance business more challenging. He sees better opportunities out there.
Show full opinionHide full opinionHe does not own this one. It has been on a great run. The outlook for long term interest rates makes the life insurance business more challenging. He sees better opportunities out there.
PAST TOP PICK
PAST TOP PICK
November 1, 2019
(A Top Pick Oct 26/18, Up 37%) It was defensive at the time. Markets were falling. Even at these levels, it's trading at 15x and growing at 15%. On a price to growth basis, still a good opportunity in a fragmented market.
Show full opinionHide full opinion(A Top Pick Oct 26/18, Up 37%) It was defensive at the time. Markets were falling. Even at these levels, it's trading at 15x and growing at 15%. On a price to growth basis, still a good opportunity in a fragmented market.
TOP PICK
TOP PICK
September 27, 2019
It's more than doubled over the last five years. They consistently make money underwriting insurance, which is very rare. They've outperformed the industry by 6%. They bought a guarantee that will lead to appreciation. Has a 2.5% yield.
Show full opinionHide full opinionIt's more than doubled over the last five years. They consistently make money underwriting insurance, which is very rare. They've outperformed the industry by 6%. They bought a guarantee that will lead to appreciation. Has a 2.5% yield.
TOP PICK
TOP PICK
July 18, 2019
Not economically sensitive. Trading at the top of the range, but growth is the same, so the PEG ratio is 1. Good product, and they can grow via acquisitions. Yield is 2.42%. (Analysts’ price target is $123.92)
Show full opinionHide full opinionNot economically sensitive. Trading at the top of the range, but growth is the same, so the PEG ratio is 1. Good product, and they can grow via acquisitions. Yield is 2.42%. (Analysts’ price target is $123.92)
BUY
BUY
July 11, 2019
It's a growth story with a lower payout ratio than the larger life insurance companies. It's different from the lifecos, because they are the biggest Canadian property and casualty insurer. They've enjoyed significant capital appreciation. Their costs are lower than their peers and they have a strong balance sheet, allowing them to make acquisitions. They recently bought an American company. An excellent CEO. This will continue to grow.
Show full opinionHide full opinionIt's a growth story with a lower payout ratio than the larger life insurance companies. It's different from the lifecos, because they are the biggest Canadian property and casualty insurer. They've enjoyed significant capital appreciation. Their costs are lower than their peers and they have a strong balance sheet, allowing them to make acquisitions. They recently bought an American company. An excellent CEO. This will continue to grow.
PAST TOP PICK
PAST TOP PICK
June 19, 2019
(A Top Pick Jun 21/18, Up 33%) Weather made their Q1 soft, but pricing is a tailwind across all business lines. He sees 14% EPS growth, and still trades around 15x. Lots os upside organically and by acquisition in a fragmented space.
Show full opinionHide full opinion(A Top Pick Jun 21/18, Up 33%) Weather made their Q1 soft, but pricing is a tailwind across all business lines. He sees 14% EPS growth, and still trades around 15x. Lots os upside organically and by acquisition in a fragmented space.
BUY WEAKNESS
BUY WEAKNESS
June 18, 2019
The long term chart shows it is trading near the upper end of the trend channel. He added IFC-T during the consolidation back in March. The latest move has been a good return, but he expects to see consolidation. He would buy on weakness near $120.
Show full opinionHide full opinionThe long term chart shows it is trading near the upper end of the trend channel. He added IFC-T during the consolidation back in March. The latest move has been a good return, but he expects to see consolidation. He would buy on weakness near $120.
BUY WEAKNESS
BUY WEAKNESS
June 14, 2019
A great performer. Pays a 2.6% dividend. $99.18 is his model price. It's expensive. It trades within a zone and is now in the upper region of it. Hold it if you own it. Buy during a pullback.
Show full opinionHide full opinionA great performer. Pays a 2.6% dividend. $99.18 is his model price. It's expensive. It trades within a zone and is now in the upper region of it. Hold it if you own it. Buy during a pullback.
PAST TOP PICK
PAST TOP PICK
May 21, 2019
(A Top Pick May 28/18, Up 23%) Held up better than other stocks did last November. Have increased auto insurance in last 3 quarters. Home and commercial premiums have gone up. Top line and bottom growth.
Show full opinionHide full opinion(A Top Pick May 28/18, Up 23%) Held up better than other stocks did last November. Have increased auto insurance in last 3 quarters. Home and commercial premiums have gone up. Top line and bottom growth.
COMMENT
COMMENT
May 14, 2019
It's done quite well and dominates market position in P&C insurance. They can always reprice their products. It trades at a higher valuation vs. its peers. Maybe its growth is higher. But their valuation has always kept her on the sidelines.
Show full opinionHide full opinionIt's done quite well and dominates market position in P&C insurance. They can always reprice their products. It trades at a higher valuation vs. its peers. Maybe its growth is higher. But their valuation has always kept her on the sidelines.
TOP PICK
TOP PICK
May 8, 2019
Has an 18% market share in Canada for P&C insurance, the biggest. They recently dipped into America with an acquisition. They boast a 9% compund growth rate in earnings. (Analysts’ price target is $117.54)
Show full opinionHide full opinionHas an 18% market share in Canada for P&C insurance, the biggest. They recently dipped into America with an acquisition. They boast a 9% compund growth rate in earnings. (Analysts’ price target is $117.54)
PAST TOP PICK
PAST TOP PICK
March 11, 2019
(A Top Pick Feb 26/18, Up 16%) Half their business is auto and costs were going up because cars got more expensive to fix. They are doing fine in auto now as the insurance industry has been able to raise their rates.
Show full opinionHide full opinion(A Top Pick Feb 26/18, Up 16%) Half their business is auto and costs were going up because cars got more expensive to fix. They are doing fine in auto now as the insurance industry has been able to raise their rates.
TOP PICK
TOP PICK
October 26, 2018
In Q2 they showed progress in personal auto profit, and their OneBeacon acqusition. Their combined ratio beat guidance. He sees EPS growth. It's very cheap at 13x earnings. It hasn't come off as much as its peers. It's a beacon of safety, a steady Eddy. This is a late-cycle business play. (2.79% dividend yield, Analysts' price target: $112.46)
In Q2 they showed progress in personal auto profit, and their OneBeacon acqusition. Their combined ratio beat guidance. He sees EPS growth. It's very cheap at 13x earnings. It hasn't come off as much as its peers. It's a beacon of safety, a steady Eddy. This is a late-cycle business play. (2.79% dividend yield, Analysts' price target: $112.46)
Intact Financial(IFC-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 7
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 8
Intact Financial(IFC-T) Frequently Asked Questions
What is Intact Financial stock symbol?
Intact Financial is a Canadian stock, trading under the symbol IFC-T on the Toronto Stock Exchange (IFC-CT). It is usually referred to as TSX:IFC or IFC-T
Is Intact Financial a buy or a sell?
In the last year, 8 stock analysts published opinions about IFC-T. 7 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for Intact Financial.
Is Intact Financial a good investment or a top pick?
Intact Financial was recommended as a Top Pick by Greg Newman on 2020-03-11. Read the latest stock experts ratings for Intact Financial.
Why is Intact Financial stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Intact Financial worth watching?
8 stock analysts on Stockchase covered Intact Financial In the last year. It is a trending stock that is worth watching.
What is Intact Financial stock price?
On 2020-04-03, Intact Financial (IFC-T) stock closed at a price of $128.12.
