TSE:CIX CI Financial (CIX) Stock Price, News & Analysis → Tech GIANT’s Plans to Revolutionize Crypto… (From Crypto 101 Media) (Ad) Free CIX Stock Alerts C$14.61 -0.24 (-1.62%) (As of 05/14/2024 ET) Add Compare Share Share Today's RangeC$14.34▼C$14.8950-Day RangeC$14.61▼C$17.4152-Week RangeC$12.17▼C$17.73Volume777,634 shsAverage Volume393,461 shsMarket CapitalizationC$2.21 billionP/E Ratio41.74Dividend Yield5.48%Price TargetC$19.56 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get CI Financial alerts: Email Address CI Financial MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.56 Rating ScoreUpside/Downside33.9% UpsideC$19.56 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.48Based on 17 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.67 out of 5 stars 4.3 Analyst's Opinion Consensus RatingCI Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 3 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageCI Financial has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about CI Financial's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CIX. Previous Next 1.7 Dividend Strength Dividend LeadershipCI Financial is a leading dividend payer. It pays a dividend yield of 4.78%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCI Financial has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of CI Financial is 228.57%. Payout ratios above 75% are not desirable because they may not be sustainable.Read more about CI Financial's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CIX. Previous Next 2.0 News and Social Media Coverage News SentimentCI Financial has a news sentiment score of -0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.81 average news sentiment score of Financial Services companies.News Coverage This WeekMarketBeat has tracked 17 news articles for CI Financial this week, compared to 1 article on an average week.Search Interest2 people have searched for CIX on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows3 people have added CI Financial to their MarketBeat watchlist in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CI Financial insiders have not sold or bought any company stock.Percentage Held by Insiders14.02% of the stock of CI Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 10.55% of the stock of CI Financial is held by institutions.Read more about CI Financial's insider trading history. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of CI Financial is 41.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.28.Price to Earnings Ratio vs. SectorThe P/E ratio of CI Financial is 41.74, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 465.98.Price to Earnings Growth RatioCI Financial has a PEG Ratio of 0.96. PEG Ratios around 1 indicate that a company is correctly valued.Price to Book Value per Share RatioCI Financial has a P/B Ratio of 2.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about CI Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Chaikin AnalyticsDid Intel Just Dethrone Nvidia?Intel (INTC) just announced a brand-new AI venture - the Aurora supercomputer. This computer was specifically designed for artificial intelligence and is now the fastest AI-centered computer on the planet. You can get all the details here. About CI Financial Stock (TSE:CIX)CI Financial Corp. is a publicly owned asset management holding company. Through its subsidiaries, the firm manages separate client focused equity, fixed income, and alternative investments portfolios. It also manages mutual funds, hedge funds, and fund of funds for its clients through its subsidiaries. The firm was founded in 1965 and is based in Toronto, Canada with additional offices in Vancouver, Canada; Calgary, Canada; and Montreal, Canada.Read More CIX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CIX Stock News HeadlinesMay 15 at 2:26 AM | americanbankingnews.comCI Financial (TSE:CIX) Price Target Cut to C$21.00May 15 at 2:26 AM | americanbankingnews.comBMO Capital Markets Lowers CI Financial (TSE:CIX) Price Target to C$17.00May 15 at 2:26 AM | americanbankingnews.comCIBC Lowers CI Financial (TSE:CIX) Price Target to C$17.00May 15 at 2:26 AM | americanbankingnews.comCI Financial (TSE:CIX) PT Lowered to C$19.00May 15 at 1:54 AM | americanbankingnews.comRoyal Bank of Canada Lowers CI Financial (TSE:CIX) Price Target to C$18.00May 15 at 1:54 AM | americanbankingnews.comCI Financial (TSE:CIX) Rating Increased to Outperform at Raymond JamesMay 14 at 8:32 PM | msn.comTSX Today: What to Watch for in Stocks on Monday, May 13May 13 at 8:20 AM | finance.yahoo.comCI Financial Price Targets Lowered at TD, RBCMay 13 at 1:18 AM | americanbankingnews.comCI Financial Corp. (TSE:CIX) Given Consensus Recommendation of "Hold" by BrokeragesMay 12 at 2:01 AM | americanbankingnews.comCI Financial (TSE:CIX) Trading Down 5.4%May 11, 2024 | finance.yahoo.comCI Financial First Quarter 2024 Earnings: Misses ExpectationsMay 2, 2024 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: First Financial Northwest (FFNW), Civista Bancshares (CIVB) and NY Community (NYCB)April 15, 2024 | finance.yahoo.comCI Global Asset Management Announces April 2024 Distributions for the CI ETFsMarch 19, 2024 | finance.yahoo.comCI Global Asset Management Announces Securityholder Approval of Fund Mergers and Other Changes to Enhance Product LineupMarch 18, 2024 | finance.yahoo.comCI Financial Reports Total Assets of $465.9 Billion for February 2024March 1, 2024 | wsj.comCI Financial Corp.February 23, 2024 | msn.comTSX Earnings Recap: Week of Feb 20- Feb 23February 23, 2024 | ca.finance.yahoo.comStocks in play: CI Financial Corp.February 21, 2024 | finance.yahoo.comCI Global Asset Management Expands Alternative Funds Lineup with Launch of CI Auspice Alternative Diversified Corporate ClassFebruary 20, 2024 | finance.yahoo.comCI Financial Reports Total Assets of $450.8 Billion for January 2024February 18, 2024 | bizjournals.comLeasing Tracker: Wealth management firm leases additional floor in 830 Brickell; TRX opens new headquarters in Delray BeachFebruary 15, 2024 | finance.yahoo.comIs CI Financial (CIXXF) Outperforming Other Finance Stocks This Year?February 14, 2024 | finance.yahoo.comHere Is Why Bargain Hunters Would Love Fast-paced Mover CI Financial Corp. (CIXXF)February 8, 2024 | bizjournals.comWealth management firm leases additional floor in 830 BrickellJanuary 17, 2024 | msn.comCI Financial reports December total assets of C$444.8 billionSee More Headlines Receive CIX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CI Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/23/2024Today5/14/2024Next Earnings (Estimated)8/08/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorFinancial Services Industry Asset Management Sub-IndustryN/A Current SymbolTSE:CIX CUSIPN/A CIKN/A Webwww.cifinancial.com Phone+1-416-3641145FaxN/AEmployees2,416Year FoundedN/APrice Target and Rating Average Stock Price TargetC$19.56 High Stock Price TargetC$23.00 Low Stock Price TargetC$17.00 Potential Upside/Downside+34.8%Consensus RatingModerate Buy Rating Score (0-4)2.56 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.35 Trailing P/E Ratio41.46 Forward P/E Ratio3.97 P/E Growth0.96Net IncomeC$5.02 million Net Margins0.16% Pretax MarginN/A Return on Equity0.29% Return on Assets4.57% Debt Debt-to-Equity Ratio151.13 Current Ratio0.47 Quick Ratio0.17 Sales & Book Value Annual SalesC$3.17 billion Price / Sales0.69 Cash FlowC$1.49 per share Price / Cash Flow9.77 Book ValueC$6.68 per share Price / Book2.17Miscellaneous Outstanding Shares151,380,000Free FloatN/AMarket CapC$2.20 billion OptionableNot Optionable Beta1.63 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. Kurt MacAlpine (Age 41)CEO & Director Comp: $2.43MMr. Darie P. UrbankyPresident, COO & Co-Head of CI Global Asset ManagementMr. Amit Muni CPA (Age 55)Executive VP & CFO Comp: $855.62kDr. Marc-André Lewis Ph.D.Executive VP, Chief Investment Officer & Co-Head of CI Global Asset ManagementMs. Julie Lynn SilcoxExecutive VP & Chief Marketing OfficerMr. Jason Lee Weyeneth C.F.A.Vice President of Investor Relations & StrategyMr. Edward Douglas Kelterborn B.A.L.L.B., Executive VP & Chief Legal OfficerMr. Murray OxbyVice President of CommunicationsMs. Manisha BurmanExecutive VP & Chief Human Resources OfficerMr. Amarjit Kaur AndersonChief Risk OfficerMore ExecutivesKey CompetitorsSprottTSE:SIIUnited Co.sTSE:UNCClairvest GroupTSE:CVGCanadian General InvestmentsTSE:CGISenvest CapitalTSE:SECView All CompetitorsInsidersBrigette Elizabeth ChangBought 68 shares on 1/15/2024Total: C$1,029.49 ($15.14/share)David P. MillerBought 5,000 shares on 8/25/2023Total: C$82,500.00 ($16.50/share)Sarah Mary WardBought 6,000 shares on 7/14/2023Total: C$97,140.00 ($16.19/share)View All Insider Transactions CIX Stock Analysis - Frequently Asked Questions Should I buy or sell CI Financial stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CI Financial in the last twelve months. There are currently 5 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CIX shares. View CIX analyst ratings or view top-rated stocks. What is CI Financial's stock price target for 2024? 9 analysts have issued 1-year price targets for CI Financial's stock. Their CIX share price targets range from C$17.00 to C$23.00. On average, they predict the company's stock price to reach C$19.56 in the next twelve months. This suggests a possible upside of 33.9% from the stock's current price. View analysts price targets for CIX or view top-rated stocks among Wall Street analysts. How have CIX shares performed in 2024? CI Financial's stock was trading at C$14.86 at the beginning of the year. Since then, CIX shares have decreased by 1.7% and is now trading at C$14.61. View the best growth stocks for 2024 here. When is CI Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024. View our CIX earnings forecast. How were CI Financial's earnings last quarter? CI Financial Corp. (TSE:CIX) released its quarterly earnings results on Friday, February, 23rd. The company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.73 by $0.08. The business earned $715.60 million during the quarter, compared to analysts' expectations of $656.72 million. CI Financial had a trailing twelve-month return on equity of 0.29% and a net margin of 0.16%. Is CI Financial a good dividend stock? CI Financial (TSE:CIX) pays an annual dividend of C$0.80 per share and currently has a dividend yield of 4.78%. CIX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 228.57%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for CIX. What other stocks do shareholders of CI Financial own? Based on aggregate information from My MarketBeat watchlists, some companies that other CI Financial investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Wheaton Precious Metals (WPM), Toronto-Dominion Bank (TD), Open Text (OTEX) and Rogers Communications (RCI). How do I buy shares of CI Financial? Shares of CIX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:CIX) was last updated on 5/15/2024 by MarketBeat.com Staff From Our PartnersForget the “Magnificent 7” Tech Companies, Buy This AI Stock InsteadBanyan Hill PublishingWith revenue forecasted to grow dramatically in 2024 and beyond, this company should be on your radarStocks NewsThe Crypto 9-5 Escape PlanCrypto 101 MediaThe A.I. story nobody is telling you (Read ASAP)TradeSmithBuy this small stock before coming AI Tidal WaveChaikin AnalyticsElon’s New Device is About to Shock the WorldInvestorPlaceCharles Payne Demystifies OptionsUnstoppable ProsperityRevolutionizing the Green Energy Space and Building Shareholder Value Along the WaySmall Cap Sniper Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding CI Financial Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
