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Investor Insights

This summary was created by AI, based on 16 opinions in the last 12 months.

Intact Financial (IFC-T) is a well-run and high-quality property and casualty insurance company in Canada. It has demonstrated impressive growth and profitability through acquisitions, solid underwriting, and strong investment income. The company holds the highest market share in Canada and has a strong lead over its competitors. While some experts think it is expensive and prefer other companies, overall, experts view it as a gold standard in the industry. The stock is currently trading at a higher valuation, but its industry-leading position and quality fundamentals justify this. However, some experts believe it needs to be cheaper before they would consider buying.

Consensus
high-quality
Valuation
Overvalued
BUY ON WEAKNESS
Intact Financial

Defense and offense. Executing very well. Book value is up 6%. Beat on underwriting by 25%. Increased dividend by 10%. Organic revenue up 8% YOY. Increased his target price to $256. 19% EPS growth. Trades at 14x, reasonable.

insurance
BUY ON WEAKNESS
Intact Financial

Great name to have in a portfolio, great capital builder. Solid underwriting, solid investment income. ROE above 12% on last report. Reasonable 15x, with 17% growth rate. He likes to get things at a bit of a discount, so try for $200-202.

insurance
BUY
Intact Financial
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

IFC is the industry-leading property and casualty insurer in Canada and it has held a strong lead for many years. Its main competitors include DFY, TRV, FFH, GWO, SLF, and a few other private insurers. 

IFC has demonstrated the highest annual returns against these names over both a five and 10-year timeframe. IFC holds the highest market share in Canada for P&C, representing around 17% market share as of 2022. IFC trades at a relatively higher valuation compared to its peers, although, we feel this is justified given its industry-leading position and quality fundamentals. Its main segments include Canadian P&C insurance (69% of sales), UK and international (21% of sales), and specialty lines within the US (10% of sales).

IFC has decided to sell the UK direct personal lines operations (RSA's assets). This move allows RSA to focus on becoming a leading UK commercial and specialty lines player, which we feel is a smart strategic move. Commercial and specialty lines is a more lucrative line of business, and we feel IFC has made the right move. The stock has recovered from the initial news, and continues to demonstrate its quality management team.
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insurance
PARTIAL BUY
Intact Financial

Well-run and enjoys impressive growth through acquisitions. Has pricing power. He expects more growth and market share. High profitability, but trades at a higher-than-market 17x PE. You can buy a position here.

insurance
TOP PICK
Intact Financial

The biggest P&C insurer at 20% market share. They boast sharp underwriting, consistently around 90-95% combine ratios, and ROE is higher than peers at 15% ROE. Expects them to keep buying smaller companies in a fragmented industry. Their huge bond portfolio is thriving during high bond yields; that's a kicker.

(Analysts’ price target is $219.55)
insurance
Unspecified
Intact Financial

It is the gold standard for companies in property and casualty insurance, but is expensive. He prefers Definity (DFY) which has better value, better results and is growing faster. Definity is transferring from a policy holder type of company to a corporation and there is lots of upside in acquisitions that could be made.

insurance
BUY
Intact Financial

It is in the insurance business, has made good acquisitions, and executes well.

insurance
BUY ON WEAKNESS
Intact Financial

Spectacularly well run. Only thing holding him back is the price, has to justify how he's going to get a good return. Hefty valuation, probably well deserved. He'd be interested at least 20% cheaper than today.

insurance
PAST TOP PICK
Intact Financial
(A Top Pick Oct 05/22, Down 3%)

Super-high quality. Sold on peak levels. His thinking was, "How much better can it get?" Monitoring closely, and he'd get back in at a lower level.

insurance
WEAK BUY
Intact Financial

There have been a lot of natural disasters this year, but IFC has still absorbed those, because they have strong capital and operating ratios. Still growth and trades at a high PE, though. How will self-driving cars impact insurance. That said, IFC has been a winner, a great growth stock.

insurance
HOLD
Intact Financial

Well managed company.
Challenges given all of the forest fires.
Lots of claims over the summer.
Hard to value company.
Inflation not worry given pricing power.
Wants to see how company performs through tough economic times.

insurance
BUY ON WEAKNESS
Intact Financial

Spectacular company that has performed well.
Currently insurance pricing not making up for losses. 
Tough period for the company at the moment, but will recover.
Will buy if share price falls.

insurance
HOLD
Intact Financial

Gold standard for P&C in Canada. Cost challenges, but policies renew annually at higher rates. Great, blue-chip, well-managed business. He owns DFY, as it's cheaper and growing faster.

insurance
BUY
Intact Financial

Climate change is impacting the P&C insurance world, increasing claims and pressuring companies like this. Share have done well in the past 12 months, but he sees challenges ahead for this sector. Higher interest rates offer some relief to them. 

insurance
BUY ON WEAKNESS
Intact Financial

Well-run and has done well in recent years, but it needs to be cheaper before he buys it. P&C insurance is a good business to be in now.

insurance
Showing 1 to 15 of 220 entries

Intact Financial(IFC-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 11

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 14

Stockchase rating for Intact Financial is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

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, 14 stock analysts published opinions about IFC-T. 11 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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?

14 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 2024-04-12, Intact Financial (IFC-T) stock closed at a price of $219.25.