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How to buy iA Financial Corporation (IAG) stocks

Learn how to easily invest in iA Financial Corporation stocks.

iA Financial Corporation is an insurance-diversified business based in Canada. iA Financial Corporation stocks (IAG.TO) are listed on the TO and all prices are listed in Canadian Dollars. Its last market close was C$66.03 – an increase of 0.58% over the previous week. iA Financial Corporation employs 0 staff and has a trailing 12-month revenue of around C$14 billion.

How to buy shares in iA Financial Corporation

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – IAG – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

iA Financial Corporation stock price (TO:IAG)

Use our graph to track the performance of IAG stocks over time.

iA Financial Corporation shares at a glance

Information last updated 2022-01-17.
Latest market closeC$79.67
52-week rangeC$54.88 - C$80.96
50-day moving average C$73.11
200-day moving average C$70.96
Wall St. target priceC$87.28
PE ratio 10.7865
Dividend yield C$1.94 (3.15%)
Earnings per share (TTM) C$7.36

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Is it a good time to buy iA Financial Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

iA Financial Corporation price performance over time

Historical closes compared with the close of C$79.67 from 2022-01-19

1 week (2022-01-13) 0.58%
1 month (2021-12-20) 14.27%
3 months (2021-10-20) 8.04%
6 months (2021-07-20) 21.04%
1 year (2021-01-20) 34.55%
2 years (2020-01-20) 7.81%
3 years (2019-01-18) 65.50%
5 years (2017-01-20) 43.99%

Is iA Financial Corporation under- or over-valued?

Valuing iA Financial Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of iA Financial Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

iA Financial Corporation's P/E ratio

iA Financial Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, iA Financial Corporation shares trade at around 11x recent earnings.

iA Financial Corporation's PEG ratio

iA Financial Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.85. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into iA Financial Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

iA Financial Corporation's EBITDA

iA Financial Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is C$1.3 billion.

The EBITDA is a measure of a iA Financial Corporation's overall financial performance and is widely used to measure a its profitability.

iA Financial Corporation financials

Revenue TTM C$14 billion
Operating margin TTM 7.83%
Gross profit TTM C$2.6 billion
Return on assets TTM 0.79%
Return on equity TTM 12.06%
Profit margin 5.82%
Book value C$61.15
Market capitalisation C$8.5 billion

TTM: trailing 12 months

iA Financial Corporation share dividends

26%

Dividend payout ratio: 26.3% of net profits

Recently iA Financial Corporation has paid out, on average, around 26.3% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.15% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), iA Financial Corporation shareholders could enjoy a 3.15% return on their shares, in the form of dividend payments. In iA Financial Corporation's case, that would currently equate to about C$1.94 per share.

While iA Financial Corporation's payout ratio might seem fairly standard, it's worth remembering that iA Financial Corporation may be investing much of the rest of its net profits in future growth.

iA Financial Corporation's most recent dividend payout was on 15 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 18 November 2021 (the "ex-dividend date").

Have iA Financial Corporation's shares ever split?

iA Financial Corporation's shares were split on a 2:1 basis on 16 May 2005. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your iA Financial Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for iA Financial Corporation shares which in turn could have impacted iA Financial Corporation's share price.

iA Financial Corporation share price volatility

Over the last 12 months, iA Financial Corporation's shares have ranged in value from as little as C$54.8793 up to C$80.96. A popular way to gauge a stock's volatility is its "beta".

IAG.TO volatility(beta: 1.44)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (TO average) beta is 1, while iA Financial Corporation's is 1.444. This would suggest that iA Financial Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

iA Financial Corporation overview

iA Financial Corporation Inc. , through its subsidiary, Industrial Alliance Insurance and Financial Services Inc. , provides various life and health insurance products in Canada and the United States. The company operates through Individual Insurance, Individual Wealth Management, Group Insurance, Group Savings and Retirement, US Operations, and Auto and Home Insurance segments. It offers various individual insurance products and services, including life, car, leisure vehicle and RV, home, mortgage, critical illness and disability, personal accident, travel, and other group insurance products; residential mortgage loans, registered retirement savings plan loans, registered education savings plan loans, and investment loans; and savings and retirement products. The company also provides group insurance products and services, including medical and paramedical care, homecare, vision and dental care, life insurance and accidental death and dismemberment, short and long-term disability, and travel insurance products; distinctive and administrators services; special market solutions; group retirement plans; investment solutions; fund governance; dealer services for various insurance products; and multi-residential and commercial mortgages, as well as leases space. In addition, it offers individual insurance and individual savings financial security, group retirement plan, and securities, advisory services; group insurance advisory and brokerage services; special risk insurance and group insurance, mortgage, real estate, and deposit brokerage services; and advisory and brokerage services for lawyer or notary, and automobile and recreational vehicle dealers.

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