Brokers Offer Predictions for IGM Financial Q2 Earnings

Key Points

• National Bank Financial has lowered IGM Financial's Q2 2025 earnings estimate from $1.03 to $0.98 per share, while the full-year earnings estimate remains at $4.01 per share.
• The company has announced a quarterly dividend of $0.5625, representing a yield of 4.87%, with a payout ratio of 57.64%.
• IGM Financial's stock received mixed ratings, currently holding an average rating of "Hold" and price targets ranging from C$42.00 to C$56.00 from various analysts.

IGM Financial Inc. (TSE:IGM - Free Report) - Research analysts at National Bank Financial dropped their Q2 2025 EPS estimates for IGM Financial in a report issued on Monday, July 28th. National Bank Financial analyst J. Gloyn now forecasts that the financial services provider will post earnings of $0.98 per share for the quarter, down from their previous estimate of $1.03. The consensus estimate for IGM Financial's current full-year earnings is $4.01 per share. National Bank Financial also issued estimates for IGM Financial's Q3 2025 earnings at $1.14 EPS, Q4 2025 earnings at $1.15 EPS and FY2025 earnings at $4.27 EPS.

Several other analysts have also issued reports on IGM. Scotiabank upped their price target on shares of IGM Financial from C$49.00 to C$51.00 in a research report on Friday, May 9th. Jefferies Financial Group upped their price target on shares of IGM Financial from C$42.00 to C$46.00 in a research report on Wednesday. BMO Capital Markets cut their price target on shares of IGM Financial from C$47.00 to C$46.00 in a research report on Monday, May 12th. Royal Bank Of Canada upgraded shares of IGM Financial to a "hold" rating and set a C$46.00 price target for the company in a research report on Wednesday, June 18th. Finally, National Bankshares upped their price objective on shares of IGM Financial from C$54.00 to C$56.00 and gave the company an "outperform" rating in a research note on Tuesday. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat.com, IGM Financial presently has a consensus rating of "Hold" and an average price target of C$50.14.

IGM Financial Trading Down 0.5%

TSE IGM traded down C$0.22 during trading on Wednesday, hitting C$45.88. 313,103 shares of the company's stock traded hands, compared to its average volume of 308,257. The stock has a fifty day moving average of C$43.91 and a two-hundred day moving average of C$43.99. The company has a debt-to-equity ratio of 97.24, a current ratio of 3.61 and a quick ratio of 0.31. IGM Financial has a 12-month low of C$35.33 and a 12-month high of C$47.96. The firm has a market cap of C$10.94 billion, a P/E ratio of 11.75, a PEG ratio of 4.09 and a beta of 1.53.

IGM Financial Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Thursday, July 31st will be issued a $0.5625 dividend. This represents a $2.25 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date is Monday, June 30th. IGM Financial's dividend payout ratio is 57.64%.

IGM Financial Company Profile

IGM Financial is the largest non-bank-affiliated asset manager in Canada. The firm is part of the Power Financial group of companies, which includes Great-West Life, London Life, Canada Life, and Putnam Investments. IGM has two main operating divisionsasset management (operated through Mackenzie Investments) and wealth management (via its Investors Group Wealth Management and Investment Planning Counsel subsidiaries)that provide investment management products and services.