Definity Financial (DFY-T)
TSE:DFY
66.61
1.08
(1.65%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
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Nervous markets await NvidiaThis summary was created by AI, based on 13 opinions in the last 12 months.
Definity Financial (DFY) is regarded as a smaller but stable player in the property and casualty (P&C) insurance sector, showcasing robust growth with over 9% topline growth in recent earnings. Analysts note its disciplined management and promising return on equity (ROE) which bodes well for its future. Although there are cautionary notes regarding industry risks, such as climate-related insurance losses and cost inflation, the general sentiment remains positive, with several experts recommending to hold or add to positions given the company's growth trajectory. The stock is perceived as having good value at current prices with a reasonable yield, and while some analysts believe it is still in the acquisition radar, they acknowledge its potential for further growth. Overall, DFY's performance has elicited substantial gains for recent investors, indicating a favorable outlook despite market challenges.
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%.
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 2025-04-24, Definity Financial (DFY-T) stock closed at a price of $66.61.
Predictable. Smaller P&C insurance. Pretty stable chart. ROE has an exceptionally bright future because of how well the business is run. Topline growth over 9% in recent earnings, and really good expense management. Yield is 1.21%.
(Analysts’ price target is $64.30)