iA Financial Corporation Inc trades with the ticker IAG on the TSX and is in the Insurance – Diversified industry.
Overview
iA Financial Corporation Inc., provides insurance and wealth management services in Canada and the United States. The company operates through Insurance, Canada; Wealth Management; and US Operations segments. The Insurance, Canada segment provides life and health insurance products, auto and home insurance products, creditor insurance, replacement insurance and warranties, extended warranties and other ancillary products for dealer services, and specialized products for special markets. The Wealth Management segment offers products and services for savings plans, retirement funds and segregated funds, and securities brokerage, trust operations, and mutual funds. The US Operations segment provides life insurance products and extended warranties relating to dealer services sold in the United States. It also offers vehicle warranty and related software and services; digital property and casualty insurance distribution; life insurance and mutual fund brokerage; and automobile warranty services, as well as manufactures and distributes automobile protection products. iA Financial Corporation Inc. was founded in 1892 and is headquartered in Québec, Canada.
Looking to invest in iA Financial Corporation Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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IAG.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $8717.74MM
PE Ratio: 11.696
Price: 3.2 (Updated: 3/12/2024 0:47:16)
iA Financial Corporation Inc (IAG) vs Competitors in Insurance – Diversified
Lets see how IAG.TO stacks up against others in the Insurance – Diversified asset management industry. We have identified its main peers as: .Insurance – Diversified Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| iA Financial Corporation Inc (IAG) | $8,717.74 | 11.696 | 0.0 | 3.8% |
| Sun Life Financial Inc (SLF) | $43,385.463 | 14.108 | 0.0 | 4.2% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Insurance – Diversified
- iA Financial Corporation Inc (IAG) vs Sun Life Financial Inc (SLF)
- IAG has higher EPS (7.48 vs 5.26). SLF has higher dividend yield (4.2% vs 3.8%). SLF has a higher P/E ratio (14.108 vs 11.696) indicating it’s more expensive.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
How to Buy IAG stock on the TSX
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