Definity Financial (DFY-T)
TSE:DFY
63.40
1.88
(2.88%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
Related posts
Weekly 52-Week Low (or 52-Week High): CU-T, OLA-T, CP-T, DND-T and More 52-Week Highs and Lows (Mar 26-Apr 01)Most Anticipated Earnings: IFC-T, MTLO-X and more Canadian Companies Reporting Earnings this Week (Feb 10-14)Most Anticipated Earnings: IAG-T, BDT-T and more Canadian Companies Reporting Earnings this Week (Nov 04-08)This summary was created by AI, based on 12 opinions in the last 12 months.
Definity Financial (DFY-T) has received a series of positive evaluations from multiple experts, with most highlighting its solid performance and growth potential within the property and casualty insurance sector. Notably, the stock has shown varying degrees of appreciation since it was last identified as a Top Pick, with gains substantially surpassing 50% in many reviews. Analysts emphasize the disciplined approach to trailing stops as a strategy to maximize gains while mitigating risks, given the current market dynamics and inherent uncertainties tied to climate-related challenges. Comparisons with its main competitor, Intact Financial Corporation (IFC), have underscored DFY's potential in an industry that is increasingly consolidating, leading to expectations that DFY could capitalize on acquisition opportunities. Despite some concerns regarding valuation and external risks, the overall sentiment remains optimistic as long as the stock is approached with careful portfolio considerations.
Depends on what percentage it makes of your portfolio, plus what your cost base is. #1 competitor to DFY is IFC. The industry is consolidating more. DFY might have a leg up on IFC, as DFY is smaller and can buy a few more things in Canada.
Cost inflation and extreme weather give him pause in this area. Both well-run businesses, but inclined to stay away. The sector poses some risks.
Our PAST TOP PICK with DFY is progressing well. To remain disciplined, we recommend trailing up the stop (from $37) to $41 at this time. If triggered, this would result in a net investment gain of 16%, including the previous recommendation to cover half the position.
Very strong results recently. Premiums more than covered expenses. Raised dividend by 16%. Now allowed to lever balance sheet to make acquisitions. Growing faster than IFC, which is #1 in Canada. Trades at big discount (1.8x book value) to IFC (2.8x). Really good upside.
Swiss Reinsurance just purchased 10% of company. Possible creeping takeover? DFY is either going to make acquisitions or be acquired. Good time to buy.
Definity Financial(DFY-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 7
Neutral - Hold Signals / Votes : 2
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 11
Definity Financial(DFY-T) Frequently Asked Questions
What is Definity Financial stock symbol?
Definity Financial is a Canadian stock, trading under the symbol DFY-T on the Toronto Stock Exchange (DFY-CT). It is usually referred to as TSX:DFY or DFY-T
Is Definity Financial a buy or a sell?
In the last year, 11 stock analysts published opinions about DFY-T. 7 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Definity Financial.
Is Definity Financial a good investment or a top pick?
Definity Financial was recommended as a Top Pick by on . Read the latest stock experts ratings for Definity Financial.
Why is Definity 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 Definity Financial worth watching?
11 stock analysts on Stockchase covered Definity Financial In the last year. It is a trending stock that is worth watching.
What is Definity Financial stock price?
On 2025-04-03, Definity Financial (DFY-T) stock closed at a price of $63.4.
Our PAST TOP PICK with DFY has triggered its stop at $56. To remain disciplined, we recommend covering the position at this time. Combined with our previous guidance, this will result in a net investment gain of 37%.