Massive revenue boost and high demand make Intact Financial Corp. a buy

Massive revenue boost and high demand make Intact Financial Corp. a buy

Improved sales from a recent acquisition fuelled a 41.3% revenue increase for this company during the most-recent quarter.

High demand for insurance also means the company can write more profitable policies despite recent higher catastrophe-related losses.

The stock trades at 16.4 times the company’s 2022 earnings forecast.

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INTACT… Read More

Add to your 340% gain

INTACT FINANCIAL, $189.20, remains a buy. The insurer (Toronto symbol IFC; TSINetwork Rating: Extra Risk) (www.intactfc.com; Shares outstanding: 175.9 million; Market cap: $33.1 billion; Dividend yield: 2.1%) is now hitting new highs—and the shares are up a spectacular 340% since we first recommended them at $42.95 in our… Read More

Time to invest in their expanding niches

Long-time readers know that we keep you informed of important news about the stocks we cover. That means highlighting developments and plans that promise to brighten prospects for investors. Here are two buys that stand out this month:
INTACT FINANCIAL, $177.20, is a buy. The insurer (Toronto… Read More

Intact lifts your dividend

INTACT FINANCIAL CORP. $164 is a buy. The company (Toronto symbol IFC; High-Growth Dividend Payer Portfolio, Finance sector; Shares o/s: 176.1 million; Market cap: $28.9 billion; Divd. yield: 2.2%; Dividend Sustainability Rating: Above Average; www.intactfc.com) gives you exposure to Canada’s largest provider of property and casualty insurance.
Canada’s banking regulator—the… Read More