OTCMKTS:IGIFF IGM Financial (IGIFF) Stock Price, News & Analysis → AI to Meet the Same Fate as EVs? (From Porter & Company) (Ad) Free IGIFF Stock Alerts $25.75 +0.53 (+2.10%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$25.74▼$25.7550-Day Range$25.61▼$27.7252-Week Range$22.14▼$31.56Volume8,872 shsAverage Volume14,259 shsMarket CapitalizationN/AP/E Ratio8.13Dividend Yield8.35%Price Target$46.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartDividendHeadlinesShort InterestStock AnalysisAnalyst ForecastsChartDividendHeadlinesShort Interest Get IGM Financial alerts: Email Address IGM Financial MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside80.6% Upside$46.50 Price TargetShort InterestBearishDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider 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.2.28 out of 5 stars 3.5 Analyst's Opinion Consensus RatingIGM Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $46.50, IGM Financial has a forecasted upside of 80.6% from its current price of $25.75.Amount of Analyst CoverageIGM Financial has received no research coverage in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares ShortedShort Interest Ratio / Days to CoverIGM Financial has a short interest ratio ("days to cover") of 26.1, which indicates bearish sentiment.Change versus previous monthShort interest in IGM Financial has recently increased by 4.78%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend LeadershipIGM Financial is a leading dividend payer. It pays a dividend yield of 5.62%, 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 67.85%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for IGIFF. Previous Next 1.5 News and Social Media Coverage News SentimentIGM Financial has a news sentiment score of 0.67. 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 0.79 average news sentiment score of Financial Services companies.News Coverage This WeekMarketBeat has tracked 1 news article for IGM Financial this week, compared to 1 article on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, IGM Financial insiders have not sold or bought any company stock.Percentage Held by Institutions74.96% of the stock of IGM Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of IGM Financial is 8.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.50.Price to Earnings Ratio vs. SectorThe P/E ratio of IGM Financial is 8.13, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 450.15. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeTrump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.Protect your retirement savings from the inevitable devaluation of the dollar… 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.Read More IGIFF Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IGIFF Stock News HeadlinesMarch 22, 2024 | finance.yahoo.comShould Income Investors Look At IGM Financial Inc. (TSE:IGM) Before Its Ex-Dividend?March 21, 2024 | finance.yahoo.comIGM Financial Inc. to announce first quarter 2024 results on May 2, 2024March 28, 2024 | Porter & Company (Ad)AI to Meet the Same Fate as EVs? When these tech bubbles burst, they invariably leave investors disillusioned by their losses. Now, many worry a similar fate is awaiting AI. And one man, legendary financial analyst Porter Stansberry, who called Nvidia at $11… March 18, 2024 | americanbankingnews.comIGM Financial Inc. (OTCMKTS:IGIFF) Short Interest Up 8.1% in FebruaryMarch 12, 2024 | finance.yahoo.comMackenzie Investments Announces March 2024 Quarterly Distributions for its Exchange Traded FundsMarch 12, 2024 | finance.yahoo.comMackenzie Investments Crowns Équipe de Compétition Mont Adstock as 2024 Mackenzie Top Peak Ski ChampionMarch 7, 2024 | finance.yahoo.comEQB Leads Trio of Solid Canadian Dividend StocksMarch 6, 2024 | finance.yahoo.comInvestors in IGM Financial (TSE:IGM) have unfortunately lost 13% over the last yearMarch 28, 2024 | Porter & Company (Ad)AI to Meet the Same Fate as EVs? When these tech bubbles burst, they invariably leave investors disillusioned by their losses. Now, many worry a similar fate is awaiting AI. And one man, legendary financial analyst Porter Stansberry, who called Nvidia at $11… March 6, 2024 | finance.yahoo.comMackenzie Investments Announces Proposed Changes to Further Streamline Product ShelfFebruary 16, 2024 | wsj.comIGM Financial Inc.February 15, 2024 | msn.comIGM Financial reports Q4 resultsFebruary 15, 2024 | finance.yahoo.comIGM FINANCIAL REPORTS FOURTH QUARTER AND 2023 EARNINGSFebruary 5, 2024 | finance.yahoo.comIGM FINANCIAL INC. ANNOUNCES JANUARY 2024 ASSETS UNDER MANAGEMENT & ADVISEMENT AND NET FLOWSFebruary 5, 2024 | finance.yahoo.comMackenzie Top Peak: Polls Are Open to Select Canada's Top Three Most Invested Ski CommunitiesFebruary 2, 2024 | finance.yahoo.comIG Wealth Management Wins 10 FundGrade® A+ Awards for Outstanding Investment PerformanceFebruary 2, 2024 | finance.yahoo.comMackenzie Investments Wins Ten 2023 Fundata FundGrade® A+ Awards for Outstanding Investment PerformanceJanuary 31, 2024 | realmoney.thestreet.comIGM Financial price target raised by C$4 at ScotiabankDecember 18, 2023 | marketwatch.comIGM Financial Gets OK for Share Buyback ProgramDecember 15, 2023 | finance.yahoo.comIGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.5625December 15, 2023 | realmoney.thestreet.comIGM Biosciences just downgraded at BofA, here's whyDecember 8, 2023 | markets.businessinsider.comIGM Biosciences: Strategic Refocus and Revised Valuation Prompt Neutral RatingDecember 5, 2023 | finance.yahoo.comWealthsimple Aims to Quadruple Assets to $74 Billion in Five YearsDecember 5, 2023 | finance.yahoo.comIGM FINANCIAL INC. ANNOUNCES NOVEMBER 2023 ASSETS UNDER MANAGEMENT & ADVISEMENT AND NET FLOWSNovember 30, 2023 | finance.yahoo.comCanada Life and IGM Financial close Investment Planning Counsel acquisitionNovember 27, 2023 | finance.yahoo.comMackenzie Investments 2024 Market Outlook: Investment Themes Propel Opportunities in the Year AheadNovember 27, 2023 | finance.yahoo.comMackenzie Investments Announces November 2023 Distributions for its Exchange Traded FundsSee More Headlines Receive IGIFF 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 Company Calendar Ex-Dividend for 1/31 Dividend12/28/2023Dividend Payable1/31/2024Ex-Dividend for 4/30 Dividend3/27/2024Today3/28/2024Dividend Payable4/30/2024Next Earnings (Estimated)5/03/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS SectorFinancial Services Industry Asset Management Sub-IndustryN/A Current SymbolOTCMKTS:IGIFF Previous SymbolNASDAQ:IGIFF CUSIPN/A CIKN/A Webwww.igmfinancial.com Phone(204) 956-8328FaxN/AEmployees3,300Year FoundedN/APrice Target and Rating Average Stock Price Target$46.50 High Stock Price Target$51.00 Low Stock Price Target$40.00 Potential Upside/Downside+80.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio8.13 Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable BetaN/A The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. James O'Sullivan (Age 60)President, CEO & Director Comp: $2.9MMr. Keith David Bernard PotterExecutive VP & CFOMr. Michael DibdenCOO & Executive VPMr. Damon MurchisonPresident & CEO of IG Wealth ManagementMr. Luke GouldPresident & CEO of Mackenzie InvestmentsMs. Rhonda Suzanne GoldbergExecutive VP & General CounselMr. Douglas Gordon McIntosh MilneExecutive VP & Chief Marketing OfficerMs. Cynthia CurrieExecutive VP & Chief Human Resources OfficerMs. Kristin Elizabeth AshcroftExecutive Vice-President of Products & Solutions for Mackenzie InvestmentsHerpreet LambaSenior Vice President Financial ServicesMore ExecutivesKey Competitors3i GroupOTCMKTS:TGOPF3i GroupOTCMKTS:TGOPYAB Industrivärden (publ)OTCMKTS:IDDTFAB Industrivärden (publ)OTCMKTS:IDTVFAberdeen InternationalOTCMKTS:AABVFView All Competitors IGIFF Stock Analysis - Frequently Asked Questions Should I buy or sell IGM Financial stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for IGM Financial in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" IGIFF shares. View IGIFF analyst ratings or view top-rated stocks. What is IGM Financial's stock price target for 2024? 1 analysts have issued 1 year price objectives for IGM Financial's shares. Their IGIFF share price targets range from $40.00 to $51.00. On average, they predict the company's stock price to reach $46.50 in the next twelve months. This suggests a possible upside of 80.6% 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 start of the year. Since then, IGIFF shares have decreased by 2.5% and is now trading at $25.75. View the best growth stocks for 2024 here. Are investors shorting IGM Financial? IGM Financial saw a increase in short interest in the month of February. As of February 29th, there was short interest totaling 725,500 shares, an increase of 8.1% from the February 14th total of 671,400 shares. Based on an average daily volume of 20,800 shares, the days-to-cover ratio is currently 34.9 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 announced a dividend on Thursday, March 21st. Stockholders 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 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeGrab Your Free Bitcoin Today!Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceForget Bitcoin. 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