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 shares (IAG) are listed on the Toronto Stock Exchange (TSX) and all prices are listed in Canadian Dollars.

Its last market close was C$132.33 – a decrease of 0.94% over the previous week.

Our top picks for where to buy iA Financial Corporation stock

Best for Beginners

Go to site
Easy to use app
  • 100 free trades signup offer
  • Easy-to-use platform
  • Low fees
  • Student and young investor discounts

Best for Lowest Commissions

Go to site
Low margin rates
  • Access to international stock exchanges
  • Low margin rates
  • Powerful research tools

Best for Low Fees

Go to site
CA & US trading
  • 6% cash rebate plus $2,200 in trading perks
  • Low transaction fees
  • Easy-to-use app

How to buy iA Financial Corporation stock

  1. Choose a stock trading platform. Compare investment platforms.
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – IAG. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

Buy iA Financial Corporation stock from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.

Note: The dollar amounts in the table below are in Canadian dollars.

1 - 6 of 6
Product CAFST Finder Score Available Asset Types Account Types Stock Trading Fee Account Fee Offer
Finder Score
Stocks, Bonds, Options, Index Funds, ETFs, Currencies, Futures
RRSP, TFSA, Personal, Joint
min $1.00, max 0.5%
$0
Finder Score
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, Precious Metals, IPOs
RRSP, RESP, RRIF, TFSA, Personal, Joint
$6.95
$0 if conditions met, or $100
Get 100 free trades when you open a CIBC Investor’s Edge account using promo code EDGE2425. Plus, get $200 or more cash back. Valid until March 31, 2025.
Finder Score
Stocks, Options, ETFs
RRSP, TFSA, Personal
$0.014/stock
$0
Enjoy a 6% cash rebate, plus $2,200 in trading perks.
Finder Score
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, Precious Metals, IPOs
RRSP, RESP, RRIF, TFSA, Personal, Joint, Business
$6.95 - $9.95
$0 if conditions met, otherwise $25/quarter
Finder Score
Stocks, Bonds, Options, Mutual Funds, ETFs, Forex, GICs, Precious Metals, IPOs
RRSP, RESP, RRIF, TFSA, Personal
$4.95 - $9.95
$0
Finder Score
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
RRSP, RESP, RRIF, TFSA, Personal, Joint
$6.95 - $8.75
$0 if conditions met, otherwise $25/quarter
Get 1% cashback or more, a $150 sign-up bonus & unlimited free trades until April 30th, 2025.
loading

Finder Score for stock trading platforms

To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score the better the platform - simple.

Read the full methodology

iA Financial Corporation stock price (Toronto Stock Exchange (TSX): IAG)

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

iA Financial Corporation stocks at a glance

Information last updated 2024-12-18.
Latest market closeC$132.33
52-week rangeC$79.06 - C$138.01
50-day moving average C$126.12
200-day moving average C$100.73
Wall St. target priceC$136.13
PE ratio 13.2389
Dividend yield C$3.36 (2.75%)
Earnings per share (TTM) C$9.88

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.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

iA Financial Corporation price performance over time

Historical closes compared with the close of C$130.66 from 2024-12-19

1 week (2024-12-13) -2.19%
1 month (2024-11-21) -3.38%
3 months (2024-09-20) 19.28%
6 months (2024-06-21) 53.37%
1 year (2023-12-21) 45.42%
2 years (2022-12-21) 74.87%
3 years (2021-12-21) 104.37%
5 years (2019-12-20) 116.76%

Is iA Financial Corporation stock undervalued or overvalued?

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 13x. In other words, iA Financial Corporation shares trade at around 13x 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 stocks offer better value, while a higher ratio can be interpreted as meaning the stocks 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 stock 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$1.6 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$9 billion
Operating margin TTM 16.82%
Gross profit TTM C$3.3 billion
Return on assets TTM 0.88%
Return on equity TTM 13.85%
Profit margin 10.97%
Book value C$71.63
Market Capitalization C$12.3 billion
EBITDA C$1.6 billion

TTM: trailing 12 months

iA Financial Corporation stock dividends

32%

Dividend payout ratio: 32.12% of net profits

Recently iA Financial Corporation has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% 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 0% return on their shares, in the form of dividend payments. In iA Financial Corporation's case, that would currently equate to about C$3.36 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 2024. The latest dividend was paid out to all shareholders who bought their stocks by 21 November 2024 (the "ex-dividend date").

Have iA Financial Corporation's stocks ever split?

iA Financial Corporation's stocks were split on a 2:1 basis on 15 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 stocks – just the quantity. However, indirectly, the new 50% lower stock price could have impacted the market appetite for iA Financial Corporation stocks, which in turn could have impacted iA Financial Corporation's stock price.

iA Financial Corporation stock price volatility

Over the last 12 months, iA Financial Corporation's stocks have ranged in value from as little as C$79.0593 up to C$138.01. A popular way to gauge a stock's volatility is its "beta."

IAG.TO volatility(beta: 1.13)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a stocks volatility in relation to the market. The market (TO average) beta is 1, while iA Financial Corporation's is 1.134. This would suggest that iA Financial Corporation's stocks are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

iA Financial Corporation 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; Investment; and US Operations segments. The company provides health, auto, home, and creditor insurance products; replacement insurance products and warranties; extended warranties and other ancillary products for dealer services; specialized products for special markets; and life insurance products and extended warranties relating to dealer services. It also offers savings plans, retirement funds and segregated funds, securities brokerage services, trust operations, and mutual funds. In addition, the company provides car, life, RV, mortgage, disability, travel, medical and paramedical care, vision and dental care, accidental death and dismemberment, transit, and critical illness insurance products. Further, it offers investments; registered retirement income and life income funds, and annuities; registered education savings plans; investment funds; wealth management solutions; and registered retirement and education savings plan, auto, and investment loans.

Frequently asked questions

What percentage of iA Financial Corporation is owned by insiders or institutions?
Currently 0.095% of iA Financial Corporation stocks are held by insiders and 48.39% by institutions.
When does the fiscal year end for iA Financial Corporation?
iA Financial Corporation's fiscal year ends in December.
Where is iA Financial Corporation based?
iA Financial Corporation's address is: 1080 Grande AllEe West, Quebec City, QC, Canada, G1K 7M3
What is iA Financial Corporation's ISIN number?
iA Financial Corporation's international securities identification number is: CA45075E1043
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More on investing

More guides on Finder

Go to site