TSE:IFC
163.35
0.45
(0.28%)
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
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HOLD
HOLD
March 17, 2021
Very well run. Fundamentals in the P&C insurance industry are very positive. It's a "hard market", so they're enjoying significant price increases and more volume across different lines of business. Currently making a pretty significant acquisition.
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Very well run. Fundamentals in the P&C insurance industry are very positive. It's a "hard market", so they're enjoying significant price increases and more volume across different lines of business. Currently making a pretty significant acquisition.
PAST TOP PICK
PAST TOP PICK
March 12, 2021
(A Top Pick Mar 11/20, Up 20%) Recommended this on the eve of covid. Wanted something steady and it did well. They bought RSA in Q2 that gives value to shareholders. Still a fragmented business and has good upside potential. Trading at 12x 2023. Still likes it.
Show full opinionHide full opinion(A Top Pick Mar 11/20, Up 20%) Recommended this on the eve of covid. Wanted something steady and it did well. They bought RSA in Q2 that gives value to shareholders. Still a fragmented business and has good upside potential. Trading at 12x 2023. Still likes it.
BUY
BUY
March 9, 2021
Very well run company, but would consider it if the price were 15% lower. You can buy this and do well over several years. Happy to recommend it. Their combined ratio has always been on the positive side.
Show full opinionHide full opinionVery well run company, but would consider it if the price were 15% lower. You can buy this and do well over several years. Happy to recommend it. Their combined ratio has always been on the positive side.
TOP PICK
TOP PICK
March 5, 2021
Dominant property and casualty insurer with 17% market share in home, auto, commercial and specialty lines. They are going through a $12B acquisition that will give them a presence in the UK. Longer-term forces like climate change and rising property values give them higher premiums and higher insured values. There is a hardening market in their insurance space. (Analysts’ price target is $181.78)
Show full opinionHide full opinionDominant property and casualty insurer with 17% market share in home, auto, commercial and specialty lines. They are going through a $12B acquisition that will give them a presence in the UK. Longer-term forces like climate change and rising property values give them higher premiums and higher insured values. There is a hardening market in their insurance space. (Analysts’ price target is $181.78)
BUY
BUY
March 4, 2021
Fundamentals are very strong. Investors are unsure about recent RSA acquisition. Undervalued at these levels. Great opportunity to buy. Great story. Good strong dividend payer. Will execute well on the RSA deal.
Show full opinionHide full opinionFundamentals are very strong. Investors are unsure about recent RSA acquisition. Undervalued at these levels. Great opportunity to buy. Great story. Good strong dividend payer. Will execute well on the RSA deal.
BUY WEAKNESS
BUY WEAKNESS
February 16, 2021
The stock has been a high performer in recent years, so it's cooling down now and testing support levels. That is not the worst thing, though. It remains well-run and continues to dominate market share. As it consolidates with this European acquisition, watch it. As Intact touches the 50- or 200-day moving average, buy it.
Show full opinionHide full opinionThe stock has been a high performer in recent years, so it's cooling down now and testing support levels. That is not the worst thing, though. It remains well-run and continues to dominate market share. As it consolidates with this European acquisition, watch it. As Intact touches the 50- or 200-day moving average, buy it.
TOP PICK
TOP PICK
January 29, 2021
Doesn't want to add more risk if there is no need. The RSA purchase gives them greater scale, distribution and more avenues for growth. Synergistic. The market is waiting to see results. The stock will rerate with results. Good to grow quiet wealth. (Analysts’ price target is $176.00)
Show full opinionHide full opinionDoesn't want to add more risk if there is no need. The RSA purchase gives them greater scale, distribution and more avenues for growth. Synergistic. The market is waiting to see results. The stock will rerate with results. Good to grow quiet wealth. (Analysts’ price target is $176.00)
BUY WEAKNESS
BUY WEAKNESS
December 18, 2020
A quality name to own. Likes the stock. Modelling 9.3% growth. It is trading at 14x 2022 so it is quite expensive price to book. They did an interesting deal recently. If you look at Canadian financials they are very cheap by PE ratio. Would buy it around $136.
Show full opinionHide full opinionA quality name to own. Likes the stock. Modelling 9.3% growth. It is trading at 14x 2022 so it is quite expensive price to book. They did an interesting deal recently. If you look at Canadian financials they are very cheap by PE ratio. Would buy it around $136.
BUY
BUY
December 2, 2020
A sensational performer since its IPO. Operates efficiently, smart acquisitions. Likes the RSA deal, as it adds diversity and bolsters market share. Exposure to commercial real estate, but it's a manageable risk.
Show full opinionHide full opinionA sensational performer since its IPO. Operates efficiently, smart acquisitions. Likes the RSA deal, as it adds diversity and bolsters market share. Exposure to commercial real estate, but it's a manageable risk.
WATCH
WATCH
November 12, 2020
Looks more interesting with the potential acquisition of RSA, as it expands their growth potential. Excellent operators. P&C insurance gets repriced annually, a plus. She's planning to research it more closely.
Show full opinionHide full opinionLooks more interesting with the potential acquisition of RSA, as it expands their growth potential. Excellent operators. P&C insurance gets repriced annually, a plus. She's planning to research it more closely.
TOP PICK
TOP PICK
November 5, 2020
Last quarter earnings were excellent. Good acquirer. Efficient, with consistent underwriting profitability. ROE is 5 points above industry average. 17% market share in Canada. Great operator. Yield is 2.25%. (Analysts’ price target is $162.83)
Show full opinionHide full opinionLast quarter earnings were excellent. Good acquirer. Efficient, with consistent underwriting profitability. ROE is 5 points above industry average. 17% market share in Canada. Great operator. Yield is 2.25%. (Analysts’ price target is $162.83)
BUY
BUY
August 4, 2020
A major insurer. Their biggest expense is going down hard--auto claims. With people under lockdown, people aren't driving much, so the quantity of auto claims is lower than ever based on Q2 results. This boasts their underwriting profit and will be a tailwind for a long while. They're also generating investing income, which may be pressured with interest rates low. IFC is a great company and marketer. A fine consolidator in a fragmented industry. A solid, long-term hold and a buy.
Show full opinionHide full opinionA major insurer. Their biggest expense is going down hard--auto claims. With people under lockdown, people aren't driving much, so the quantity of auto claims is lower than ever based on Q2 results. This boasts their underwriting profit and will be a tailwind for a long while. They're also generating investing income, which may be pressured with interest rates low. IFC is a great company and marketer. A fine consolidator in a fragmented industry. A solid, long-term hold and a buy.
BUY WEAKNESS
BUY WEAKNESS
June 22, 2020
An outstandingly well managed company. It has run up and the valuation is on the premium side. The insurance they are in is doing well so you might want to wait for softening on the market or a one time event like forest fires. Long term you will do okay.
Show full opinionHide full opinionAn outstandingly well managed company. It has run up and the valuation is on the premium side. The insurance they are in is doing well so you might want to wait for softening on the market or a one time event like forest fires. Long term you will do okay.
PAST TOP PICK
PAST TOP PICK
June 12, 2020
(A Top Pick Jun 18/19, Up 9%) Very resilient and he is still modelling 20% earnings growth. It trades at 19 times PE -- a good ratio to growth. He thinks there is still $60 per share of M&A activity that has not been factored into the stock price. You want to buy it around $130.
Show full opinionHide full opinion(A Top Pick Jun 18/19, Up 9%) Very resilient and he is still modelling 20% earnings growth. It trades at 19 times PE -- a good ratio to growth. He thinks there is still $60 per share of M&A activity that has not been factored into the stock price. You want to buy it around $130.
TOP PICK
TOP PICK
June 12, 2020
Q1 earnings were beat and they maintained full year guidance. He feels this reflects on the quality of the company and its resilience. He is modelling 20% earnings growth against a 19 times PE ratio -- excellent value. Yield 2.53% (Analysts’ price target is $154.50)
Show full opinionHide full opinionQ1 earnings were beat and they maintained full year guidance. He feels this reflects on the quality of the company and its resilience. He is modelling 20% earnings growth against a 19 times PE ratio -- excellent value. Yield 2.53% (Analysts’ price target is $154.50)
Intact Financial(IFC-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 10
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 11
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, 11 stock analysts published opinions about IFC-T. 10 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is HOLD. 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 Colin Stewart on 2021-03-17. 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?
11 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 2021-04-23, Intact Financial (IFC-T) stock closed at a price of $163.35.
