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iA Financial TSX:IAG Stock Report

Last Price

CA$102.37

Market Cap

CA$9.6b

7D

0.5%

1Y

20.0%

Updated

28 Aug, 2024

Data

Company Financials +

iA Financial Corporation Inc.

TSX:IAG Stock Report

Market Cap: CA$9.6b

IAG Stock Overview

Provides insurance and wealth management services in Canada and the United States.

About the company

IAG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance4/6
Financial Health4/6
Dividends5/6

Rewards

Trading at 66.6% below our estimate of its fair value
Earnings are forecast to grow 16.8% per year
Earnings have grown 0.3% per year over the past 5 years
Pays a reliable dividend of 3.2%

Risk Analysis

No risks detected for IAG from our risk checks.

iA Financial Corporation Inc. Competitors

E-L Financial

TSX:ELF

CA$4.4b

Power Corporation of Canada

TSX:POW

CA$25.9b

Sun Life Financial

TSX:SLF

CA$42.5b

Great-West Lifeco

TSX:GWO

CA$41.4b

Price History & Performance

Summary of all time highs, changes and price drops for iA Financial
Historical stock prices
Current Share PriceCA$102.37
52 Week HighCA$103.90
52 Week LowCA$77.61
Beta1.12
11 Month Change12.61%
3 Month Change15.80%
1 Year Change20.01%
33 Year Change45.02%
5 Year Change84.12%
Change since IPO1,115.07%

Recent News & Updates

Cautious Investors Not Rewarding iA Financial Corporation Inc.'s (TSE:IAG) Performance Completely

Jun 04
Cautious Investors Not Rewarding iA Financial Corporation Inc.'s (TSE:IAG) Performance Completely

iA Financial's (TSE:IAG) Dividend Will Be CA$0.82

May 14
iA Financial's (TSE:IAG) Dividend Will Be CA$0.82

Recent updates

Cautious Investors Not Rewarding iA Financial Corporation Inc.'s (TSE:IAG) Performance Completely

Jun 04
Cautious Investors Not Rewarding iA Financial Corporation Inc.'s (TSE:IAG) Performance Completely

iA Financial's (TSE:IAG) Dividend Will Be CA$0.82

May 14
iA Financial's (TSE:IAG) Dividend Will Be CA$0.82

With EPS Growth And More, iA Financial (TSE:IAG) Makes An Interesting Case

Apr 04
With EPS Growth And More, iA Financial (TSE:IAG) Makes An Interesting Case

iA Financial's (TSE:IAG) Upcoming Dividend Will Be Larger Than Last Year's

Feb 28
iA Financial's (TSE:IAG) Upcoming Dividend Will Be Larger Than Last Year's

The Market Doesn't Like What It Sees From iA Financial Corporation Inc.'s (TSE:IAG) Earnings Yet

Jan 04
The Market Doesn't Like What It Sees From iA Financial Corporation Inc.'s (TSE:IAG) Earnings Yet

With EPS Growth And More, iA Financial (TSE:IAG) Makes An Interesting Case

Oct 19
With EPS Growth And More, iA Financial (TSE:IAG) Makes An Interesting Case

iA Financial (TSE:IAG) Is Increasing Its Dividend To CA$0.765

May 15
iA Financial (TSE:IAG) Is Increasing Its Dividend To CA$0.765

iA Financial's (TSE:IAG) Dividend Will Be Increased To CA$0.675

Aug 10
iA Financial's (TSE:IAG) Dividend Will Be Increased To CA$0.675

Do iA Financial's (TSE:IAG) Earnings Warrant Your Attention?

Jun 30
Do iA Financial's (TSE:IAG) Earnings Warrant Your Attention?

Does iA Financial (TSE:IAG) Deserve A Spot On Your Watchlist?

Mar 29
Does iA Financial (TSE:IAG) Deserve A Spot On Your Watchlist?

iA Financial (TSE:IAG) Is Increasing Its Dividend To CA$0.63

Feb 22
iA Financial (TSE:IAG) Is Increasing Its Dividend To CA$0.63

Here's Why I Think iA Financial (TSE:IAG) Might Deserve Your Attention Today

Dec 27
Here's Why I Think iA Financial (TSE:IAG) Might Deserve Your Attention Today

Should You Be Adding iA Financial (TSE:IAG) To Your Watchlist Today?

Sep 20
Should You Be Adding iA Financial (TSE:IAG) To Your Watchlist Today?

iA Financial (TSE:IAG) Has Affirmed Its Dividend Of CA$0.48

Aug 03
iA Financial (TSE:IAG) Has Affirmed Its Dividend Of CA$0.48

Is Now The Time To Put iA Financial (TSE:IAG) On Your Watchlist?

May 31
Is Now The Time To Put iA Financial (TSE:IAG) On Your Watchlist?

Shareholder Returns

IAGCA InsuranceCA Market
7D0.5%1.4%0.2%
1Y20.0%27.0%12.6%

Return vs Industry: IAG underperformed the Canadian Insurance industry which returned 27.1% over the past year.

Return vs Market: IAG exceeded the Canadian Market which returned 13.4% over the past year.

Price Volatility

Is IAG's price volatile compared to industry and market?
IAG volatility
IAG Average Weekly Movement2.8%
Insurance Industry Average Movement2.9%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market3.1%

Stable Share Price: IAG has not had significant price volatility in the past 3 months.

Volatility Over Time: IAG's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1892n/aDenis Ricardia.ca

iA Financial Corporation Inc., provides insurance and wealth management services in Canada and the United States. The company operates through Insurance, Canada; Wealth Management; Investment; and US Operations segments. The company provides health, auto, home, and creditor insurance products; replacement insurance products and warranties; extended warranties and other ancillary products for dealer services; specialized products for special markets; and life insurance products and extended warranties relating to dealer services.

iA Financial Corporation Inc. Fundamentals Summary

How do iA Financial's earnings and revenue compare to its market cap?
IAG fundamental statistics
Market capCA$9.58b
Earnings (TTM)CA$742.00m
Revenue (TTM)CA$8.43b

13.0x

P/E Ratio

1.1x

P/S Ratio

Is IAG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IAG income statement (TTM)
RevenueCA$8.43b
Cost of RevenueCA$5.07b
Gross ProfitCA$3.36b
Other ExpensesCA$2.61b
EarningsCA$742.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 05, 2024

Earnings per share (EPS)7.90
Gross Margin39.83%
Net Profit Margin8.81%
Debt/Equity Ratio46.4%

How did IAG perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

43%

Payout Ratio