NYSE:CIXX

CI Financial Stock Forecast, Price & News

$15.47

+0.05 (+0.32 %)

(As of 04/12/2021 04:47 PM ET)

Add

Compare

Today's Range

$15.19

Now: $15.47▼

$15.51

50-Day Range

$13.40

MA: $14.48▼

$15.28

52-Week Range

$9.17

Now: $15.47▼

$15.56

Volume49,570 shs

Average Volume66,410 shs

Market Capitalization$3.23 billion

P/E RatioN/A

Dividend YieldN/A

BetaN/A

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.

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Asset Management

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:CIXX

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.cifinancial.com

Phone(416) 364-1145

Employees1,793

Year FoundedN/A

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio8.41

P/E Growth0.84

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares209,000,000

Market Cap$3.23 billion

Next Earnings Date5/13/2021 (Estimated)

OptionableNot Optionable

Headlines

CI Financial (NYSE:CIXX) Sees Strong Trading Volume
April 7, 2021 | americanbankingnews.com

CI Financial Announces Launch of Axia Real Assets, an Investment Manager Specializing in Global Real Estate and Infrastructure
April 6, 2021 | finance.yahoo.com

CI Global Asset Management Announces Unitholder Approval of ETF Mergers and Investment Objective Changes, and Related Estimated Reinvested Distributions
April 5, 2021 | finance.yahoo.com

CI Global Asset Management Launches North America’s First Bitcoin Mutual Fund; Carries Industry-Low Management Fee of 0.40%
April 5, 2021 | finance.yahoo.com

CI Financial (NYSE:CIXX) Sees Large Volume Increase
April 1, 2021 | americanbankingnews.com

CI Financial Corp (NYSE:CIXX) Sees Significant Drop in Short Interest
March 27, 2021 | americanbankingnews.com

CI Financial Corp (TSE:CIX) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
March 25, 2021 | finance.yahoo.com

Should Value Investors Buy CI Financial Corp. (CIXX) Stock?
March 11, 2021 | finance.yahoo.com

CI Financial to Acquire New York-Based RIA Barrett Asset Management
March 11, 2021 | finance.yahoo.com

Novogratz’s Galaxy Crypto and Digital Funds Hit $1.2 Billion
February 24, 2021 | finance.yahoo.com

CIXX or RPRX: Which Is the Better Value Stock Right Now?
February 23, 2021 | nasdaq.com

CI Financial Reports Total Assets of $231.8 Billion for January 2021
February 16, 2021 | finance.yahoo.com

CI Financial Corp. (CIXX)
January 16, 2021 | realmoney.thestreet.com

CI Financial Announces Redemption Price for Debentures Due November 2021
January 16, 2021 | finance.yahoo.com

CANADA STOCKS - TSX rises 0.32% to 17,992.65
January 12, 2021 | nasdaq.com

See More Headlines

MarketRank^™

Overall MarketRank^™

1.83 out of 5 stars

Finance Sector

308th out of 1,944 stocks

Asset Management Industry

1st out of 215 stocks

4.4 Analyst's Opinion

Consensus Rating
CI Financial has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $22.20, CI Financial has a forecasted upside of 43.4% from its current price of $15.48.
Amount of Analyst Coverage
CI Financial has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.9 Community Rank

Outperform Votes
CI Financial has received 8 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
CI Financial has received 6 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
CI Financial has received 57.14% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about CI Financial and other stocks. Vote “Outperform” if you believe CIXX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CIXX will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
CI Financial does not currently pay a dividend.
Dividend Growth
CI Financial does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CI Financial insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 0.09% of the stock of CI Financial is held by institutions.

1.9 Earnings and Valuation

Earnings Growth
Earnings for CI Financial are expected to grow by 5.43% in the coming year, from $1.84 to $1.94 per share.
Price to Earnings Growth Ratio
CI Financial has a PEG Ratio of 0.84. PEG Ratios below 1 indicate that a company could be undervalued.

See Top Rated MarketRank™ Stocks Here

$15.47

+0.05 (+0.32 %)

(As of 04/12/2021 04:47 PM ET)

30 days | 90 days | 365 days | Advanced Chart

Receive CIXX News and Ratings via Email

Sign-up to receive the latest news and ratings for CIXX and its competitors with MarketBeat's FREE daily newsletter.

CI Financial (NYSE:CIXX) Frequently Asked Questions

Is CI Financial a buy right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CI Financial in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CI Financial stock.
View analyst ratings for CI Financial or view top-rated stocks.

What stocks does MarketBeat like better than CI Financial?

Wall Street analysts have given CI Financial a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but CI Financial wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting CI Financial?

CI Financial saw a decrease in short interest in March. As of March 15th, there was short interest totaling 432,500 shares, a decrease of 76.5% from the February 28th total of 1,840,000 shares. Based on an average daily volume of 63,900 shares, the short-interest ratio is presently 6.8 days. Approximately 0.2% of the company's stock are short sold.
View CI Financial's Short Interest.

When is CI Financial's next earnings date?

CI Financial is scheduled to release its next quarterly earnings announcement on Thursday, May 13th 2021.
View our earnings forecast for CI Financial.

How were CI Financial's earnings last quarter?

CI Financial Corp (NYSE:CIXX) released its quarterly earnings results on Thursday, February, 11th. The company reported $0.52 EPS for the quarter, topping the Zacks' consensus estimate of $0.50 by $0.02. The business had revenue of $421.34 million for the quarter.
View CI Financial's earnings history.

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

CI Financial declared a quarterly dividend on Friday, February 12th. Shareholders of record on Wednesday, June 30th will be paid a dividend of $0.1417 per share on Thursday, July 15th. This represents a $0.57 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date is Tuesday, June 29th.
View CI Financial's dividend history.

What price target have analysts set for CIXX?

7 analysts have issued twelve-month target prices for CI Financial's stock. Their forecasts range from $20.00 to $25.00. On average, they anticipate CI Financial's stock price to reach $22.20 in the next twelve months. This suggests a possible upside of 43.5% from the stock's current price.
View analysts' price targets for CI Financial or view top-rated stocks among Wall Street analysts.

Who are CI Financial's key executives?

CI Financial's management team includes the following people:

Mr. Kurt MacAlpine, CEO & Director (Age 39, Pay $3.5M)
Mr. Darie P. Urbanky, Pres & COO
Mr. Douglas J. Jamieson, Exec. VP & CFO (Age 54, Pay $420.82k)
Mr. Roy Ratnavel, Exec. VP & Head of Distribution for CI Global Asset Management
Mr. Edward D. Kelterborn BA, LLB, Exec. VP & Chief Legal Officer
Mr. Murray Oxby, VP of Communications
Ms. Julie Silcox, Exec. VP & Chief Marketing Officer
Ms. Lorraine P. Blair, Exec. VP & Chief Talent Officer
Mr. Amarjit Kaur Anderson, Chief Risk Officer
Mr. Sean Etherington, Pres of Assante Wealth Management (Canada) Limited

Who are some of CI Financial's key competitors?

Some companies that are related to CI Financial include 3i Group (III), Schroders (SDR), IGM Financial (IGM), Hargreaves Lansdown (HL), DWS Group GmbH & Co. KGaA (DWS), TMX Group (X), Schroders (SDRC), Onex (ONEX), Intermediate Capital Group (ICP), M&G (MNG), Norbord (OSB), F&C Investment Trust (FCIT), Octagonal Plc (OCT.L) (OCT), CI Financial (CIX) and RIT Capital Partners (RCP).
View all of CIXX's competitors.

What is CI Financial's stock symbol?

CI Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "CIXX."

How do I buy shares of CI Financial?

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

What is CI Financial's stock price today?

One share of CIXX stock can currently be purchased for approximately $15.47.

How much money does CI Financial make?

CI Financial has a market capitalization of $3.23 billion.

How many employees does CI Financial have?

CI Financial employs 1,793 workers across the globe.

What is CI Financial's official website?

The official website for CI Financial is www.cifinancial.com.

How can I contact CI Financial?

The company can be reached via phone at (416) 364-1145.

This page was last updated on 4/12/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here