Definity Financial Corporation (TSX:DFY)
Canada · Delayed Price · Currency is CAD | Market Cap | 8.46B -2.3% |
| Revenue (ttm) | 5.99B +30.8% |
| Net Income | 467.40M +20.3% |
| EPS | 3.84 +15.2% |
| Shares Out | 120.12M |
| PE Ratio | 18.35 |
| Forward PE | 16.47 |
| Dividend | 0.86 (1.22%) |
| Ex-Dividend Date | Sep 11, 2026 |
| Volume | 18,077 |
| Open | 70.21 |
| Previous Close | 70.40 |
| Day's Range | 70.21 - 71.12 |
| 52-Week Range | 61.87 - 82.59 |
| Beta | 0.10 |
| Analysts | Buy |
| Price Target | 87.64 (+24.19%) |
| Earnings Date | Nov 6, 2026 |
About Definity Financial
Definity Financial Corporation, together with its subsidiaries, offers property and casualty insurance products in Canada. It provides personal insurance products, including auto, property, and pet insurance products to individuals under the Economical, Sonnet, Family, and Petline brands; and commercial insurance products, includes fleet, commercial auto, property, liability, and specialty insurance products to businesses. The company distributes its products on a primarily intermediated basis and through brokers, as well as directly to custome... [Read more]
Financial Performance
In 2025, Definity Financial's revenue was 4.71 billion, an increase of 9.16% compared to the previous year's 4.31 billion. Earnings were 418.20 million, a decrease of -2.83%.
Financial StatementsAnalyst Summary
According to 11 analysts, the average rating for DFY stock is "Buy." The 12-month stock price target is $87.64, which is an increase of 24.19% from the latest price.
News
Definity Financial Transcript: CIBC Eastern Institutional Investor Conference
A major acquisition will elevate market position and drive $100 million in cost synergies, with integration set for completion by mid-2027. Efficiency gains, digital transformation, and a focus on broker retention underpin a plan to triple size and achieve mid-teens ROE over the next decade.
Definity Financial Transcript: Scotiabank’s 27th Annual Financials Summit
Integration of a major acquisition has exceeded expectations, driving increased cost synergies and strong retention. Financial performance is robust, with stable guidance and continued organic and M&A-driven growth. The strategic plan targets top-three market position and mid-teens ROE.
Definity Financial Slides: Investor presentation
Definity Financial has posted slides in relation to its latest quarterly earnings report, which was published on August 7, 2026.
Definity Financial price target raised to C$84 from C$83 at Scotiabank
Scotiabank raised the firm’s price target on Definity Financial (DFYFF) to C$84 from C$83 and keeps a Sector Perform rating on the shares.
Definity Financial price target raised to C$93 from C$89 at TD Securities
TD Securities raised the firm’s price target on Definity Financial (DFYFF) to C$93 from C$89 and keeps a Buy rating on the shares.
Definity Financial Earnings Call Transcript: Q2 2026
Gross written premiums rose 34.7% year-over-year to CAD 1.8 billion, with strong integration of the Travelers acquisition driving increased synergies and robust profitability. The company reaffirmed its full-year guidance and expects continued growth across all segments, supported by a strong capital position.
Definity Financial Slides: Q2 2026
Definity Financial has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 31, 2026.
Definity Financial Registration statement: Q2 2026
Definity Financial filed a registration statement on July 31, 2026, providing details about a securities offering with the SEC.
Definity Financial Registration statement: Q2 2026
Definity Financial filed a registration statement on July 31, 2026, providing details about a securities offering with the SEC.
Definity Financial Earnings release: Q2 2026
Definity Financial released its Q2 2026 earnings on July 31, 2026, summarizing the period's financial results.
Definity Financial price target raised to C$83 from C$80 at Scotiabank
Scotiabank raised the firm’s price target on Definity Financial (DFYFF) to C$83 from C$80 and keeps a Sector Perform rating on the shares.
Definity Financial price target raised to C$84 from C$74 at CIBC
CIBC raised the firm’s price target on Definity Financial (DFYFF) to C$84 from C$74 and keeps a Neutral rating on the shares.
Definity Financial Transcript: Fireside chat
The session highlighted strong financial performance, successful integration of a major acquisition, and a disciplined approach to growth. The company is focused on margin protection, leveraging new capabilities, and expects to achieve mid-teens ROE within three years.
Definity Financial price target raised to C$80 from C$79 at Scotiabank
Scotiabank analyst Phil Hardie raised the firm’s price target on Definity Financial (DFYFF) to C$80 from C$79 and keeps a Sector Perform rating on the shares.
Definity Financial price target raised to C$86 from C$85 at TD Securities
TD Securities analyst Mario Mendonca raised the firm’s price target on Definity Financial (DFYFF) to C$86 from C$85 and keeps a Buy rating on the shares.
Definity Financial Earnings Call Transcript: Q1 2026
Q1 marked the first results post-transformative acquisition, with gross written premiums up 35% and record underwriting income. Integration is ahead of schedule, synergy capture is strong, and operating ROE reached 13%, with robust capital capacity supporting future growth.
Definity Financial Earnings release: Q1 2026
Definity Financial released its Q1 2026 earnings on May 8, 2026, summarizing the period's financial results.
Definity Financial Slides: Q1 2026
Definity Financial has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 8, 2026.
Definity Financial Registration statement: Q1 2026
Definity Financial filed a registration statement on May 8, 2026, providing details about a securities offering with the SEC.
Definity Financial Registration statement: Q1 2026
Definity Financial filed a registration statement on May 8, 2026, providing details about a securities offering with the SEC.
Definity Financial price target raised to C$79 from C$78 at Barclays
Barclays raised the firm’s price target on Definity Financial (DFYFF) to C$79 from C$78 and keeps an Equal Weight rating on the shares.
Definity Financial price target raised to C$79 from C$77 at Scotiabank
Scotiabank analyst Phil Hardie raised the firm’s price target on Definity Financial (DFYFF) to C$79 from C$77 and keeps a Sector Perform rating on the shares.
Definity Financial price target lowered to C$78 from C$81 at Barclays
Barclays analyst Alex Scott lowered the firm’s price target on Definity Financial (DFYFF) to C$78 from C$81 and keeps an Equal Weight rating on the shares. The firm adjusted targets…
Definity Financial price target lowered to C$77 from C$80 at Scotiabank
Scotiabank lowered the firm’s price target on Definity Financial (DFYFF) to C$77 from C$80 and keeps a Sector Perform rating on the shares.
Definity Financial Earnings Call Transcript: Q4 2025
Delivered strong 2025 results with 33% EPS growth, robust underwriting, and a successful $3.3B Travelers acquisition. Integration is expected to drive significant synergies and continued top-tier growth, with 2026 premiums projected to exceed CAD 6.5B.