CI Financial (CIXX) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$11.24
$11.50
50-Day Range
$9.64
$11.51
52-Week Range
$8.50
$20.63
Volume
52,500 shs
Average Volume
126,800 shs
Market Capitalization
$2.13 billion
P/E Ratio
6.60
Dividend Yield
4.73%
Price Target
$22.00
CIXX stock logo

About CI Financial Stock (NYSE:CIXX)

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.

CIXX Stock News Headlines

The Hard Truth About Investing For Retirement
Here’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.
CI Private Wealth rebrands as Corient
The Hard Truth About Investing For Retirement
Here’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.
Where CI&T Stands With Analysts
CI GAM Opens the Market
Should Value Investors Buy CI Financial (CIXX) Stock?
Barclays Keeps Their Buy Rating on CI Financial (CIXX)
Santander secures 95,000 sq. ft. space in 830 Brickell
See More Headlines
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Company Calendar

Last Earnings
8/10/2021
Today
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
N/A
Fax
N/A
Employees
2,416
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$22.00
High Stock Price Target
$22.00
Low Stock Price Target
$22.00
Potential Upside/Downside
+92.6%
Consensus Rating
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
$326.60 million
Pretax Margin
24.99%

Debt

Sales & Book Value

Annual Sales
$2.16 billion
Cash Flow
$2.93 per share
Book Value
$6.48 per share

Miscellaneous

Free Float
N/A
Market Cap
$2.13 billion
Optionable
Not Optionable
Beta
1.20
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Key Executives

  • Mr. Kurt MacAlpine (Age 41)
    CEO & Director
    Comp: $3.72M
  • Mr. Darie P. Urbanky
    Pres & COO
  • Mr. Amit Muni C.P.A. (Age 54)
    CPA, Exec. VP & CFO
    Comp: $1.88M
  • Ms. Julie Lynn Silcox
    Exec. VP & Chief Marketing Officer
  • Mr. Marc-Andre Lewis
    Exec. VP & Head of Investment Management at CI Global Asset Management
  • Mr. Jason Lee Weyeneth C.F.A.
    VP of Investor Relations & Strategy
  • Mr. Edward Douglas Kelterborn B.A.
    BA, L.L.B., LLB, Exec. VP & Chief Legal Officer
  • Mr. Murray Oxby
    VP of Communications
  • Manisha Burman
    Exec. VP & Chief HR Officer
  • Mr. Amarjit Kaur Anderson
    Chief Risk Officer

CIXX Stock Analysis - Frequently Asked Questions

What is CI Financial's stock price target for 2024?

0 analysts have issued twelve-month price targets for CI Financial's stock. Their CIXX share price targets range from $22.00 to $22.00. On average, they predict the company's stock price to reach $22.00 in the next year. This suggests a possible upside of 92.6% from the stock's current price.
View analysts price targets for CIXX
or view top-rated stocks among Wall Street analysts.

How were CI Financial's earnings last quarter?

CI Financial Corp. (NYSE:CIXX) posted its quarterly earnings results on Tuesday, August, 10th. The company reported $0.60 earnings per share for the quarter, topping analysts' consensus estimates of $0.57 by $0.03. The company had revenue of $662.40 million for the quarter, compared to analyst estimates of $679.30 million. CI Financial had a net margin of 17.55% and a trailing twelve-month return on equity of 37.42%. CI Financial's quarterly revenue was up 3.4% on a year-over-year basis.

Is CI Financial a good dividend stock?

CI Financial (NYSE:CIXX) pays an annual dividend of $0.54 per share and currently has a dividend yield of 4.73%. CIXX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 31.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CIXX will have a dividend payout ratio of 21.26% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CIXX.

This page (NYSE:CIXX) was last updated on 4/25/2024 by MarketBeat.com Staff

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