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Intact Financial Corp T.IFC.PR.F


Primary Symbol: T.IFC Alternate Symbol(s):  IFCZF | T.IFC.PR.A | T.IFC.PR.C | INTAF | T.IFC.PR.E | INFFF | T.IFC.PR.G | IFTPF | IFZZF | T.IFC.PR.I | T.IFC.PR.K

Intact Financial Corporation is a Canada-based company, which is a provider of property and casualty insurance. Its Canada segment is engaged in underwriting of automobile, home and business insurance contracts to individuals and businesses in Canada distributed through a network of brokers and directly to consumers. Its UK & International segment is engaged in underwriting of automobile, home, pet and business insurance contracts to businesses in the United Kingdom, Europe, and Ireland as well as internationally. It distributes insurance through a network of affinity partners and brokers, or directly to consumers. Its US segment is engaged in underwriting of speciality contracts, mainly to small to medium-sized businesses in the United States. It distributes insurance through independent agencies, brokers, wholesalers and managing general agencies. It also offers an app-based service that connects homeowners with local service professionals to provide various home maintenance tasks.


TSX:IFC - Post by User

Comment by tbnorthstaron Feb 16, 2021 9:37am
235 Views
Post# 32572002

RE:Earnings Assessment

RE:Earnings Assessment
retiredcf wrote: Revenue of $2.87B matched estimates, but EPS of $3.18 was 35% better than forecast. Return on equity was a solid 18.4% v 12.5%. Net investment income rose 0.7%. The RSA acquisition is progressing well and on track for a Q2 close. It plans to raise its dividend but currently cannot due to regulatory restrictions. It was a solid quarter and at least 10% growth is expected in 2021. The stock has been flat, but we would expect a better year. 

Provided by 5iResearch. GLTA


retiredcf,

Thank you for all the work you do on these boards. Very much appreciated. IFC is my fourth largest dividend paying stock and I see a lot of positives ahead for the company.

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