iA Financial (IAG) Set to Announce Quarterly Earnings on Tuesday

iA Financial (TSE:IAGGet Free Report) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, February 20th. Analysts expect the company to announce earnings of C$2.49 per share for the quarter.

iA Financial Trading Up 1.1 %

iA Financial stock opened at C$93.41 on Tuesday. iA Financial has a 52 week low of C$77.61 and a 52 week high of C$93.90. The company has a debt-to-equity ratio of 39.48, a quick ratio of 0.17 and a current ratio of 2.89. The firm has a market capitalization of C$9.84 billion, a PE ratio of 8.12, a PEG ratio of 1.26 and a beta of 1.15. The business’s 50-day simple moving average is C$90.41 and its 200-day simple moving average is C$87.29.

Insider Buying and Selling at iA Financial

In other iA Financial news, Senior Officer Renée Laflamme sold 6,500 shares of iA Financial stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of C$91.00, for a total transaction of C$591,521.45. In other news, Senior Officer Alain Bergeron sold 4,500 shares of the business’s stock in a transaction that occurred on Thursday, November 23rd. The stock was sold at an average price of C$89.68, for a total value of C$403,564.95. Also, Senior Officer Renée Laflamme sold 6,500 shares of the company’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of C$91.00, for a total value of C$591,521.45. Over the last ninety days, insiders have sold 23,000 shares of company stock valued at $2,071,512. 0.13% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. CIBC boosted their price target on iA Financial from C$95.00 to C$97.00 and gave the company a “neutral” rating in a research note on Wednesday, January 31st. Royal Bank of Canada boosted their price target on iA Financial from C$100.00 to C$101.00 and gave the company an “outperform” rating in a research note on Thursday, November 9th. BMO Capital Markets boosted their price target on iA Financial from C$99.00 to C$101.00 and gave the company an “outperform” rating in a research note on Thursday, January 25th. Finally, National Bankshares boosted their price target on iA Financial from C$100.00 to C$104.00 and gave the company an “outperform” rating in a research note on Tuesday, January 23rd. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$71.45.

View Our Latest Stock Report on iA Financial

iA Financial Company Profile

(Get Free Report)

iA Financial Corporation Inc, through its subsidiary, Industrial Alliance Insurance and Financial Services Inc, provides various life and health insurance products in Canada and the United States. The company operates through Individual Insurance, Individual Wealth Management, Group Insurance, Group Savings and Retirement, and US Operations businesses.

Featured Articles

Earnings History for iA Financial (TSE:IAG)

Receive News & Ratings for iA Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iA Financial and related companies with MarketBeat.com's FREE daily email newsletter.