Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) – Equities researchers at National Bank Financial boosted their Q3 2017 earnings per share (EPS) estimates for Industrial Alliance Insur. & Fin. Ser. in a report issued on Thursday. National Bank Financial analyst G. Dechaine now forecasts that the company will post earnings per share of $1.31 for the quarter, up from their previous forecast of $1.27. National Bank Financial also issued estimates for Industrial Alliance Insur. & Fin. Ser.’s Q4 2017 earnings at $1.37 EPS, FY2017 earnings at $4.94 EPS, Q1 2018 earnings at $1.27 EPS, Q2 2018 earnings at $1.32 EPS and FY2018 earnings at $5.26 EPS.

A number of other analysts also recently commented on the company. Scotiabank upgraded Industrial Alliance Insur. & Fin. Ser. from an “underperform” rating to a “sector perform” rating in a report on Thursday, May 11th. ValuEngine downgraded Industrial Alliance Insur. & Fin. Ser. from a “strong-buy” rating to a “buy” rating in a report on Thursday, May 11th. TD Securities dropped their price objective on Industrial Alliance Insur. & Fin. Ser. from C$62.00 to C$61.00 and set a “hold” rating for the company in a report on Friday, May 12th. Finally, Royal Bank Of Canada dropped their price objective on Industrial Alliance Insur. & Fin. Ser. from C$58.00 to C$57.00 and set a “sector perform” rating for the company in a report on Friday, May 12th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of C$59.11.

TRADEMARK VIOLATION NOTICE: This piece was first reported by Daily Political and is the property of of Daily Political. If you are viewing this piece on another site, it was illegally copied and reposted in violation of U.S. & international trademark & copyright legislation. The legal version of this piece can be read at https://www.dailypolitical.com/2017/08/08/q3-2017-earnings-forecast-for-industrial-alliance-insur-fin-ser-tseiag-issued-by-national-bank-financial.html.

Industrial Alliance Insur. & Fin. Ser. (IAG) opened at 56.17 on Monday. Industrial Alliance Insur. & Fin. Ser. has a 52-week low of $39.26 and a 52-week high of $59.41. The stock’s 50 day moving average price is $55.78 and its 200 day moving average price is $55.57. The stock has a market capitalization of $5.97 billion and a price-to-earnings ratio of 10.70.

In other Industrial Alliance Insur. & Fin. Ser. news, Director Carl Andrew Mustos purchased 1,700 shares of the firm’s stock in a transaction that occurred on Wednesday, May 17th. The stock was purchased at an average cost of C$50.52 per share, with a total value of C$85,884.00. Also, insider Michael Lee Stickney purchased 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 14th. The shares were acquired at an average cost of C$52.50 per share, with a total value of C$105,000.00. Over the last ninety days, insiders have purchased 5,700 shares of company stock valued at $290,884 and have sold 114,000 shares valued at $6,184,280.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, August 25th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 2.49%. This is a boost from Industrial Alliance Insur. & Fin. Ser.’s previous quarterly dividend of $0.23. The ex-dividend date is Wednesday, August 23rd.

About Industrial Alliance Insur. & Fin. Ser.

Earnings History and Estimates for Industrial Alliance Insur. & Fin. Ser. (TSE:IAG)

Receive News & Ratings for Industrial Alliance Insur. & Fin. Ser. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Industrial Alliance Insur. & Fin. Ser. and related companies with MarketBeat.com's FREE daily email newsletter.