- Intact Financial’s undiscounted combined ratio for the first quarter is 91.2%, surpassing the estimated 90.3%.
- The company’s net operating earnings per share (EPS) were reported at C$3.63.
- Intact Financial’s book value per share stands at a strong C$84.76.
- The company’s operating direct premiums written were equal to C$5.11 billion.
- Intact Financial reported its operating net investment income at C$380 million.
- Strong quarterly results were seen in all segments, with Significant Return on Equity (ROE) in the mid-teens range and solid book value growth.
- Out of 16 opinions, 11 recommend to buy Intact Financial shares, 4 hold the shares, with only one sell recommendation.
A look at Intact Financial Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 2 | |
| 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 Canadian property and casualty insurance provider, is currently receiving mixed scores in different areas according to Smartkarma Smart Scores. While the company shows strong momentum with a score of 4, indicating positive market trends, it falls slightly behind in resilience with a score of 2. This suggests some vulnerability to economic shocks or disruptions. The company maintains steady scores in value, dividend, and growth, all at a score of 3, which signifies a consistent performance across these key factors.
Looking ahead, the long-term outlook for Intact Financial appears promising given its solid momentum score. However, investors may want to keep an eye on the resilience aspect to assess potential risks. With a focus on property and casualty insurance in Canada, Intact’s diverse product lines including home, automobile, and business insurance position it well for sustained growth and stability in the insurance sector.
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.
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