TSE:IGM IGM Financial (IGM) Stock Price, News & Analysis C$41.83 -1.02 (-2.38%) (As of 10/31/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlines About IGM Financial Stock (TSE:IGM) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get IGM Financial alerts:Sign Up Key Stats Today's RangeC$41.79▼C$42.9050-Day RangeC$38.26▼C$42.8552-Week RangeC$30.92▼C$43.07Volume465,192 shsAverage Volume241,565 shsMarket CapitalizationC$9.90 billionP/E Ratio11.78Dividend Yield5.38%Price TargetC$44.14Consensus RatingModerate Buy Company OverviewIGM Financial Inc. operates as a wealth and asset management company in Canada. It operates through Wealth Management and Asset Management segments. The Wealth Management segment offers investments that are focused on providing financial planning and related services; and provides mutual fund management and discretionary portfolio management services. The Asset Management segment provides investment management services to a suite of investment funds distributed through third party dealers and financial advisors. It also offers insurance and banking products and services. The company was incorporated in 1978 and is based in Winnipeg, Canada. IGM Financial Inc. operates as a subsidiary of Power Financial Corporation.Read More… Election warning coming true… (Ad)If you missed it, my emergency election broadcast is now available - watch it before it's too late.Click here to watch it now. IGM Financial Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks31st Percentile Overall ScoreIGM MarketRank™: IGM Financial scored higher than 31% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.3 / 5Analyst RatingModerate Buy Consensus RatingIGM Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageIGM Financial has only been the subject of 1 research reports in the past 90 days.Read more about IGM Financial's stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of IGM Financial is 11.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.44.Price to Earnings Ratio vs. SectorThe P/E ratio of IGM Financial is 11.78, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 421.21.Price to Earnings Growth RatioIGM Financial has a PEG Ratio of 4.09. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioIGM Financial has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about IGM Financial's valuation and earnings. Short InterestN/AShort Interest LevelN/A Short InterestThere is no current short interest data available for IGM. Dividend2.5 / 5Dividend StrengthModerate Dividend LeadershipIGM Financial is a leading dividend payer. It pays a dividend yield of 5.44%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthIGM Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of IGM Financial is 63.38%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about IGM Financial's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Short InterestThere is no current short interest data available for IGM. News and Social Media2.5 / 5News Sentiment0.43 News SentimentIGM Financial has a news sentiment score of 0.43. 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 0.65 average news sentiment score of Financial Services companies.News Coverage This WeekMarketBeat has tracked 5 news articles for IGM Financial this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for IGM on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows1 people have added IGM Financial to their MarketBeat watchlist in the last 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, IGM Financial insiders have not sold or bought any company stock.Percentage Held by Insiders66.58% of the stock of IGM Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 8.03% of the stock of IGM Financial is held by institutions.Read more about IGM Financial's insider trading history. Receive IGM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for IGM Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address IGM Stock News HeadlinesIGM Financial price target raised to C$53 from C$46 at ScotiabankOctober 29 at 4:19 PM | markets.businessinsider.comCIBC Sticks to Its Buy Rating for goeasy (EHMEF)October 22, 2024 | markets.businessinsider.comElon knows the truth, which is why they want him silencedElon Musk is one of mankind’s greatest innovators. But for all his visionary prowess and contributions to humanity, there is a war being waged on Elon Musk. This war has nothing to do with X, Elon’s stance on immigration or his support for Donald Trump. October 31, 2024 | Porter & Company (Ad)Top Canadian Financial Stocks to Buy NowOctober 16, 2024 | fool.caIGM Financial Inc (IGIFF) Q2 2024 Earnings Call Highlights: Record AUM&A Growth and ...October 10, 2024 | finance.yahoo.comIGM Financial Inc (IGIFF) Q2 2024 Earnings Call Highlights: Record AUM&A Growth and ...October 10, 2024 | finance.yahoo.comIGM Biosciences: Hold Rating Amid Strategic Pivot and Market UncertaintiesOctober 1, 2024 | markets.businessinsider.comIG Wealth Management and ClearEstate Partner to Provide Canadians with a Modern Estate Planning ExperienceOctober 1, 2024 | finance.yahoo.comSee More Headlines IGM Stock Analysis - Frequently Asked Questions How have IGM shares performed this year? IGM Financial's stock was trading at C$35.01 at the start of the year. Since then, IGM shares have increased by 19.5% and is now trading at C$41.83. View the best growth stocks for 2024 here. How were IGM Financial's earnings last quarter? IGM Financial Inc. (TSE:IGM) posted its quarterly earnings data on Wednesday, August, 7th. The financial services provider reported $0.93 EPS for the quarter, missing analysts' consensus estimates of $0.95 by $0.02. The financial services provider had revenue of $816.31 million for the quarter, compared to analysts' expectations of $826 million. IGM Financial had a net margin of 29.47% and a trailing twelve-month return on equity of 12.80%. How do I buy shares of IGM Financial? Shares of IGM 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. What other stocks do shareholders of IGM Financial own? Based on aggregate information from My MarketBeat watchlists, some other companies that IGM Financial investors own include First Trust RiverFront Dynamic Developed International ETF (RFDI), Consumer Staples Select Sector SPDR Fund (XLP), TELUS (T), RiverFront Dynamic US Flex-Cap ETF (RFFC), Royal Bank of Canada (RY), Enbridge (ENB) and Toronto-Dominion Bank (TD). Company Calendar Last Earnings8/07/2024Ex-Dividend for 10/31 Dividend9/27/2024Today10/31/2024Dividend Payable10/31/2024Next Earnings (Confirmed)11/07/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorFinancial Services Industry Asset Management Sub-IndustryN/A Current SymbolTSE:IGM CUSIPN/A CIKN/A Webwww.igmfinancial.com Phone+1-204-9430361FaxN/AEmployees3,300Year FoundedN/APrice Target and Rating Average Stock Price TargetC$44.14 High Stock Price TargetC$50.00 Low Stock Price TargetC$39.00 Potential Upside/Downside+4.8%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)C$3.55 Trailing P/E Ratio11.86 Forward P/E Ratio10.51 P/E Growth4.09Net IncomeC$850.71 million Net Margins29.47% Pretax MarginN/A Return on Equity12.80% Return on Assets4.51% Debt Debt-to-Equity Ratio35.99 Current Ratio2.12 Quick Ratio0.31 Sales & Book Value Annual SalesC$3.63 billion Price / Sales2.75 Cash FlowC$4.81 per share Price / Cash Flow8.75 Book ValueC$29.84 per share Price / Book1.41Miscellaneous Outstanding Shares236,650,000Free FloatN/AMarket CapC$9.97 billion OptionableNot Optionable Beta1.53 Reduce the RiskMarket downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.Get This Free Report This page (TSE:IGM) was last updated on 10/31/2024 by MarketBeat.com Staff From Our PartnersTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | Sponsoredtop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligen...Traders Agency | SponsoredNvidia is Pivoting to Solve Big Tech’s $1 Trillion ProblemTaiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as ...Weiss Ratings | Sponsored“Buffett Indicator” Predicts 62% Stock Market CrashThe last time the "Buffett Indicator" flashed this red was in 2000 - right before the market crashed 50%.Behind the Markets | SponsoredTrump or Kamala? 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