OTCMKTS:IGIFF

IGM Financial (IGIFF) Stock Price, News & Analysis

$24.77
-1.33 (-5.10%)
(As of 04/25/2024 ET)
Today's Range
$24.61
$24.77
50-Day Range
$24.11
$27.72
52-Week Range
$22.14
$31.56
Volume
1,229 shs
Average Volume
11,156 shs
Market Capitalization
N/A
P/E Ratio
7.82
Dividend Yield
8.68%
Price Target
$46.50

IGM Financial MarketRank™ Stock Analysis

Analyst Rating
0.00 Rating Score
Upside/​Downside
87.7% Upside
$46.50 Price Target
Short Interest
Bearish
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.28mentions of IGM Financial in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

0.99 out of 5 stars

IGIFF stock logo

About IGM Financial Stock (OTCMKTS:IGIFF)

IGM 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.

IGIFF Stock Price History

IGIFF Stock News Headlines

World’s biggest multibillionaire investor is buying THIS by the ton [picture]
Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.
World’s biggest multibillionaire investor is buying THIS by the ton [picture]
Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.
EQB Leads Trio of Solid Canadian Dividend Stocks
IGM Financial Inc.
IGM Financial reports Q4 results
IGM FINANCIAL REPORTS FOURTH QUARTER AND 2023 EARNINGS
IGM Financial price target raised by C$4 at Scotiabank
IGM Financial Gets OK for Share Buyback Program
IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.5625
IGM Biosciences just downgraded at BofA, here's why
See More Headlines
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Company Calendar

Ex-Dividend for 1/31 Dividend
12/28/2023
Dividend Payable
1/31/2024
Ex-Dividend for 4/30 Dividend
3/27/2024
Today
4/25/2024
Dividend Payable
4/30/2024
Next Earnings (Estimated)
5/03/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Current Symbol
OTCMKTS:IGIFF
Previous Symbol
NASDAQ:IGIFF
CIK
N/A
Fax
N/A
Employees
3,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$46.50
High Stock Price Target
$51.00
Low Stock Price Target
$40.00
Potential Upside/Downside
+78.2%
Consensus Rating
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Mr. James O'Sullivan (Age 60)
    President, CEO & Director
    Comp: $2.87M
  • Mr. Keith David Bernard Potter
    Executive VP & CFO
  • Mr. Michael Dibden
    COO & Executive VP
  • Mr. Damon Murchison
    President & CEO of IG Wealth Management
  • Mr. Luke Gould
    President & CEO of Mackenzie Investments
  • Ms. Rhonda Suzanne Goldberg
    Executive VP & General Counsel
  • Mr. Douglas Gordon McIntosh Milne
    Executive VP & Chief Marketing Officer
  • Ms. Cynthia Currie
    Executive VP & Chief Human Resources Officer
  • Ms. Kristin Elizabeth Ashcroft
    Executive Vice-President of Products & Solutions for Mackenzie Investments
  • Herpreet Lamba
    Senior Vice President Financial Services

IGIFF Stock Analysis - Frequently Asked Questions

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

0 brokerages have issued twelve-month price targets for IGM Financial's shares. Their IGIFF share price targets range from $40.00 to $51.00. On average, they expect the company's stock price to reach $46.50 in the next year. This suggests a possible upside of 87.7% from the stock's current price.
View analysts price targets for IGIFF
or view top-rated stocks among Wall Street analysts.

How have IGIFF shares performed in 2024?

IGM Financial's stock was trading at $26.42 at the beginning of the year. Since then, IGIFF shares have decreased by 6.2% and is now trading at $24.77.
View the best growth stocks for 2024 here
.

Are investors shorting IGM Financial?

IGM Financial saw a increase in short interest in April. As of April 15th, there was short interest totaling 657,200 shares, an increase of 10.3% from the March 31st total of 595,600 shares. Based on an average trading volume of 1,600 shares, the days-to-cover ratio is currently 410.8 days.
View IGM Financial's Short Interest
.

When is IGM Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 3rd 2024.
View our IGIFF earnings forecast
.

How often does IGM Financial pay dividends? What is the dividend yield for IGM Financial?

IGM Financial declared a dividend on Thursday, March 21st. Shareholders of record on Thursday, March 28th will be given a dividend of $0.4167 per share on Tuesday, April 30th. This represents a yield of 6.51%. The ex-dividend date is Wednesday, March 27th. This is an increase from the stock's previous dividend of $0.41.
Read our dividend analysis for IGIFF
.

Is IGM Financial a good dividend stock?

IGM Financial (OTCMKTS:IGIFF) pays an annual dividend of $2.15 per share and currently has a dividend yield of 5.62%. IGIFF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 67.85%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for IGIFF.

How do I buy shares of IGM Financial?

Shares of IGIFF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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

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