Definity Financial Corporation (TSX:DFY)
Canada · Delayed Price · Currency is CAD | Market Cap | 7.94B +9.3% |
| Revenue (ttm) | 5.34B +20.9% |
| Net Income | 390.10M -6.5% |
| EPS | 3.23 -9.7% |
| Shares Out | 120.22M |
| PE Ratio | 20.43 |
| Forward PE | 16.54 |
| Dividend | 0.86 (1.32%) |
| Ex-Dividend Date | Jun 11, 2026 |
| Volume | 710,906 |
| Open | 64.96 |
| Previous Close | 65.21 |
| Day's Range | 64.95 - 67.01 |
| 52-Week Range | 61.87 - 79.95 |
| Beta | 0.15 |
| Analysts | Buy |
| Price Target | 80.09 (+21.26%) |
| Earnings Date | May 7, 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 StatementsNews
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 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.
Definity Financial Earnings release: Q4 2025
Definity Financial released its Q4 2025 earnings on February 13, 2026, summarizing the period's financial results.
Definity Financial Slides: Q4 2025
Definity Financial has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on February 13, 2026.
Definity Financial price target raised to C$81 from C$80 at Barclays
Barclays analyst Alex Scott raised the firm’s price target on Definity Financial (DFYFF) to C$81 from C$80 and keeps an Equal Weight rating on the shares.
Definity Financial price target raised to C$80 from C$76 at Scotiabank
Scotiabank raised the firm’s price target on Definity Financial (DFYFF) to C$80 from C$76 and keeps a Sector Perform rating on the shares.
Definity Financial price target raised to C$80 from C$78 at Barclays
Barclays raised the firm’s price target on Definity Financial (DFYFF) to C$80 from C$78 and keeps an Equal Weight rating on the shares. The firm adjusted ratings and price targets…
Definity Financial resumed with Buy from Hold at Jefferies
Jefferies analyst John Aiken upgraded Definity Financial (DFYFF) to Buy from Hold with an C$88 price target after resuming coverage of the name The company has taken a “substantial leap…
Travelers completes sale of Canadian personal insurance business to Definity
Travelers (TRV) completed its previously announced sale of the personal insurance business and the majority of the commercial insurance business of Travelers Canada to Definity Financial (DFYFF) for a...
Definity Financial Earnings Call Transcript: Q3 2025
Record Q3 results featured strong underwriting, 7.5% premium growth, and a 12.5% operating ROE. The Travelers acquisition is on track, with integration and financing progressing well. Segment performance was robust across auto, property, and commercial lines.
Definity Financial Earnings release: Q3 2025
Definity Financial released its Q3 2025 earnings on November 7, 2025, summarizing the period's financial results.
Definity Financial Slides: Q3 2025
Definity Financial has posted slides in relation to its Q3 2025 quarterly earnings report, which was published on November 7, 2025.
Definity Financial Transcript: 24th Annual CIBC Eastern Institutional Investor Conference
A major acquisition will elevate the company to the 4th largest P&C insurer in Canada, with integration and cost synergies expected over three years. Broker and employee response is positive, and digital initiatives like SONNET are poised for future growth. ROE is targeted to rise to the mid-teens, supported by expense efficiencies and a robust growth strategy.
Definity Financial Transcript: 2025 Scotiabank Financials Summit
Significant progress includes the acquisition of Travelers Canadian Business, robust organic growth, and strong execution of ROE expansion levers. Technology and AI investments underpin efficiency and customer experience, while integration and future acquisitions are expected to drive further scale and profitability.
Definity Financial Earnings Call Transcript: Q2 2025
Q2 saw 9.1% premium growth, a 92.9% combined ratio, and $98.9M operating net income. The Travelers Canada acquisition is on track for Q1 2026, with integration planning underway and strong broker and employee support.
Definity Financial Earnings release: Q2 2025
Definity Financial released its Q2 2025 earnings on August 1, 2025, summarizing the period's financial results.