Definity Financial Corp. (TSE:DFY)
TSX:DFY
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DFY Stock Chart & Stats
C$67.81
C$0.20(0.35%)
At close: 4:00 PM EST
C$67.81
C$0.20(0.35%)
Day’s Range― - ―
52-Week RangeC$61.87 - C$79.95
Previous CloseN/A
Volume37.27K
Average Volume (3M)203.62K
Market Cap
C$8.54B
Enterprise ValueC$9.42B
Total Cash (Recent Filing)C$282.70M
Total Debt (Recent Filing)C$1.77B
Price to Earnings (P/E)21.6
Beta0.49
Next Earnings
Jul 30, 2026EPS Estimate
0.88Next Dividend Ex-DateN/A
Dividend Yield0.98%
Share Statistics
EPS (TTM)3.27
Shares Outstanding121,600,000
10 Day Avg. Volume244,361
30 Day Avg. Volume203,623
Financial Highlights & Ratios
PEG Ratio-4.44
Price to Book (P/B)2.20
Price to Sales (P/S)1.83
P/FCF Ratio21.57
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$81.50Price Target Upside20.19% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)3.87
Revenue Forecast (FY)C$5.80B
Bulls Say, Bears Say
Bulls Say
Scale And Market PositionThe transformational acquisition materially increases scale and national distribution, making Definity a top‑5 Canadian P&C insurer. Higher scale broadens underwriting diversification, enhances negotiating leverage with brokers/reinsurers, and supports sustainable revenue and expense efficiencies over the medium term.
Underwriting Profitability And GrowthRecord underwriting income and a sub‑93% combined ratio demonstrate underlying underwriting strength rather than reliance on investment gains. A 13% trailing operating ROE indicates durable returns on equity; if maintained, this supports continued internal capital generation and capacity to fund growth or buybacks over 2–6 months.
Synergy Capture And Expense EfficiencyEarly capture of $36M in expense synergies with a $100M target implies meaningful structural cost savings that will lift operating margins and underwriting income as integration completes. Predictable, multi-year synergy realization improves medium‑term earnings visibility and supports the stated pathway to mid‑teen ROE.
Bears Say
Front‑Loaded Acquisition & Integration CostsMaterial, front‑loaded transaction and integration charges (~$137M) depress near‑term earnings and cash flow and create execution risk: if synergies are slower or smaller, expected margin improvement and ROE uplift may be delayed, constraining durable earnings improvement over the next several quarters.
Step‑up In Debt Reduces FlexibilityA notable increase in debt versus recent years, even at moderate leverage, reduces financial flexibility to deploy capital for growth or return cash in adverse scenarios. Elevated indebtedness tightens covenant/headroom considerations and increases sensitivity to funding costs over the medium term.
Elevated Combined Ratios In Key LinesPersistently elevated combined ratios in auto and an acquired-book drag (~+2 pts) imply underwriting margin pressure that requires pricing, segmentation or claims actions. These structural remediation steps can take multiple quarters and may compress underwriting gains before full pricing and integration benefits materialize.
Definity Financial Corp. News
DFY FAQ
What was Definity Financial Corp.’s price range in the past 12 months?
Definity Financial Corp. lowest stock price was C$61.87 and its highest was C$79.95 in the past 12 months.
What is Definity Financial Corp.’s market cap?
Definity Financial Corp.’s market cap is C$8.54B.
When is Definity Financial Corp.’s upcoming earnings report date?
Definity Financial Corp.’s upcoming earnings report date is Jul 30, 2026 which is in 51 days.
How were Definity Financial Corp.’s earnings last quarter?
Definity Financial Corp. released its earnings results on May 07, 2026. The company reported C$0.97 earnings per share for the quarter, beating the consensus estimate of C$0.869 by C$0.101.
Is Definity Financial Corp. overvalued?
According to Wall Street analysts Definity Financial Corp.’s price is currently Undervalued.
Does Definity Financial Corp. pay dividends?
Definity Financial Corp. pays a Quarterly dividend of C$0.215 which represents an annual dividend yield of 0.98%. See more information on Definity Financial Corp. dividends here
What is Definity Financial Corp.’s EPS estimate?
Definity Financial Corp.’s EPS estimate is 0.88.
How many shares outstanding does Definity Financial Corp. have?
Definity Financial Corp. has 121,600,000 shares outstanding.
What happened to Definity Financial Corp.’s price movement after its last earnings report?
Definity Financial Corp. reported an EPS of C$0.97 in its last earnings report, beating expectations of C$0.869. Following the earnings report the stock price went up 4.543%.
Which hedge fund is a major shareholder of Definity Financial Corp.?
Currently, no hedge funds are holding shares in TSE:DFY
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Definity Financial Corp. Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
C$81.50 (20.19% Upside)
C$81.50 (20.19% Upside)
Insider Transactions
Sold Shares
Worth C$380.3K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
18.05%
12-Months-Change
Fundamentals
Return on Equity
9.82%
Trailing 12-Months
Asset Growth
69.82%
Trailing 12-Months
Company Description
Definity Financial Corp.
Operating in Canada, Definity Financial Corporation specializes in offering a wide array of property and casualty insurance solutions. For individual clients, the company provides coverage such as auto, home, general liability, umbrella policies, and pet insurance, marketed under brands like Economical, Sonnet, Family, Petsecure, and Peppermint. Businesses, conversely, can access commercial insurance offerings, including fleet, commercial vehicle, property, liability, and specialized coverage, all provided under the Economical brand. Its distribution strategy primarily involves intermediaries and brokers, though it also engages directly with customers. The firm, established in 1871 and based in Waterloo, Canada, adopted its current name, Definity Financial Corporation, in August 2021, having previously been known as Economical Holdings Corporation.
DFY Stock 12 Month Forecast
Average Price Target
C$81.50
▲(20.19% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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