What is Desjardins’ Forecast for TSE:DFY FY2026 Earnings?

Definity Financial Co. (TSE:DFY) – Research analysts at Desjardins issued their FY2026 earnings estimates for shares of Definity Financial in a research report issued on Tuesday, October 22nd. Desjardins analyst D. Young anticipates that the company will earn $3.35 per share for the year. Desjardins has a “Hold” rating and a $52.00 price objective on the stock. The consensus estimate for Definity Financial’s current full-year earnings is $3.13 per share.

Definity Financial (TSE:DFY) last announced its earnings results on Thursday, August 1st. The company reported C$0.94 EPS for the quarter, topping the consensus estimate of C$0.66 by C$0.28. Definity Financial had a net margin of 9.60% and a return on equity of 13.00%. The company had revenue of C$1.05 billion for the quarter, compared to analysts’ expectations of C$1.07 billion.

Other research analysts have also recently issued reports about the stock. National Bankshares lifted their price objective on shares of Definity Financial from C$60.00 to C$62.00 and gave the company an “outperform” rating in a research note on Tuesday, August 6th. Cormark lifted their price objective on shares of Definity Financial from C$49.00 to C$51.00 in a research note on Friday, July 26th. Royal Bank of Canada lifted their price objective on shares of Definity Financial from C$58.00 to C$61.00 in a research note on Friday, August 2nd. TD Securities lifted their price objective on shares of Definity Financial from C$52.00 to C$55.00 in a research note on Friday, September 20th. Finally, Raymond James raised their target price on shares of Definity Financial from C$55.00 to C$58.00 in a research report on Tuesday. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of C$53.40.

Definity Financial Stock Performance

Shares of TSE:DFY opened at C$55.09 on Friday. The company’s 50 day simple moving average is C$51.99 and its 200 day simple moving average is C$47.54. The stock has a market capitalization of C$6.33 billion, a price-to-earnings ratio of 16.64, a price-to-earnings-growth ratio of 2.63 and a beta of 0.04. The company has a debt-to-equity ratio of 6.38, a current ratio of 7.68 and a quick ratio of 0.31. Definity Financial has a 1 year low of C$35.48 and a 1 year high of C$55.86.

Definity Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were issued a $0.16 dividend. The ex-dividend date was Friday, September 13th. This represents a $0.64 annualized dividend and a yield of 1.16%. Definity Financial’s payout ratio is 19.34%.

About Definity Financial

Definity Financial Corporation, together with its subsidiaries, offers property and casualty insurance products in Canada. It provides personal insurance products, including auto, property, general and umbrella liability, and pet insurance products to individuals under the Economical, Sonnet, Family, Petsecure, and Peppermint brands; and commercial insurance products, which include fleet, commercial auto, property, liability, and specialty insurance products to businesses under the Definity Insurance and Economical brand name.