- Intact Financial reported a net operating earnings per share of C$4.01 for the first quarter.
- The company’s book value per share stands at C$96.16.
- Intact Financial recorded operating direct premiums written totaling C$5.36 billion.
- Operating net investment income reached C$415 million for the period.
- The undiscounted combined ratio improved to 91.3%, indicating efficient operations.
- Analyst sentiment: 8 recommendations to buy, 4 to hold, and no sell recommendations.
A look at Intact Financial Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Intact Financial Corporation, a leading provider of property and casualty insurance in Canada, has a well-rounded outlook for the long term based on its Smartkarma Smart Scores. With a solid momentum score of 4, the company is expected to continue its positive trajectory in the market. Additionally, Intact scores moderately in terms of value, growth, and resilience, with scores of 3 in each category, indicating a steady and dependable performance.
The company’s 2 score in the dividend category suggests that while Intact Financial may not be the highest-yielding stock for dividend investors, its overall stability and growth potential make it an attractive option for those seeking a well-rounded investment in the insurance sector. In summary, Intact Financial’s diverse business lines in personal and commercial segments, along with its key insurance products in home, automobile, and business, position it well for sustained success in the Canadian insurance market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
