IA FINANCIAL CORPORATION (IAG.TO)
Financial Services · TOR · Canada
Fundamentals
Valuation and ratings
IA FINANCIAL CORPORATION trades at CAD205.40, which is 55% above the CAD91.89 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 52 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 19.3 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
IAG.TO dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | CAD2.09 | 2 |
| 2025 | CAD3.78 | 4 |
| 2024 | CAD3.36 | 4 |
| 2023 | CAD2.97 | 4 |
| 2022 | CAD2.60 | 4 |
| 2021 | CAD2.08 | 4 |
| 2020 | CAD1.94 | 4 |
| 2019 | CAD1.76 | 4 |
| 2018 | CAD1.59 | 4 |
| 2017 | CAD1.43 | 4 |
| 2016 | CAD1.26 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
IAG.TO earnings and analyst estimates
Recommendation mix, 7 analyst ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About IA FINANCIAL CORPORATION
iA Financial Corporation Inc., provides insurance and wealth management services for individual and group basis in Canada and the United States. It operates through Insurance, Canada; Wealth Management; US Operations; and Investment segments. The company offers life, health, auto, home, and creditor insurance products; replacement insurance products and warranties; extended warranties and other ancillary products for dealer services; and specialized products for special markets; and life insurance products and extended warranties relating to dealer services. It also provides savings plans, retirement, and segregated funds, securities brokerage, trust operations, and mutual funds. In addition, the company offers car, RV, mortgage, disability, travel, medical and paramedical care, homecare, vision and dental care, accidental death and dismemberment, disability management, transit, and critical illness insurance products. Further, the company provides investment funds; registered retirement savings plan (RRSP), tax-free savings account, tax-free first home savings account, individual pension plan, locked-in retirement account, and non-registered savings plan; registered retirement income fund, life income fund, and annuities; registered education savings plans (RESP); and RRSP, RESP, and investment loans. Additionally, it owns and manages real estate portfolio of commercial space for lease for offices, businesses, etc.; manufactures and distributes automobile protection products; provides vehicle warranty and related software and services; digital property and casualty insurance distribution services; life insurance, mutual fund, securities, and cross border securities brokerage services; trust service; auto finance; ancillary automotive products; and automobile warranty services, as well as operates as an independent warranty providers and administrators in the used vehicle market. The company was founded in 1892 and is headquartered in Quebec City, Canada.
IAG.TO passes 1 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is IA FINANCIAL CORPORATION (IAG.TO) undervalued?
Against our discounted cash flow estimate of CAD91.89, IAG.TO at CAD205.40 is 55% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
What is IAG.TO's P/E ratio?
IAG.TO trades at 19.3 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does IA FINANCIAL CORPORATION (IAG.TO) pay a dividend?
Yes. IA FINANCIAL CORPORATION yields 1.95% at the current share price. It has paid CAD4.07 per share over the trailing twelve months. It has paid a dividend in each of the last 26 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.