Positive News SentimentPositive NewsNYSE:CIXX CI Financial (CIXX) Stock Price, News & Analysis → This Apple-like Innovator is Revolutionizing Healthcare (From Wall Street Star) (Ad) Free CIXX Stock Alerts Notice: This company has been marked as potentially delisted and may not be actively trading. Add Compare Share Share Today's Range$11.24▼$11.5050-Day Range$9.64▼$11.5152-Week Range$8.50▼$20.63Volume52,500 shsAverage Volume126,800 shsMarket Capitalization$2.13 billionP/E Ratio6.60Dividend Yield4.73%Price Target$22.00 Stock AnalysisStock Analysis Get CI Financial alerts: Email Address CI Financial MarketRank™ Stock AnalysisAnalyst Rating0.00 Rating ScoreUpside/Downside92.6% Upside$22.00 Price TargetShort InterestN/ADividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth11.89%From $2.27 to $2.54 Per ShareSee 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.2.49 out of 5 starsFinance Sector576th out of 838 stocksInvestment Advice Industry33rd out of 44 stocks 2.0 Analyst's Opinion Amount of Analyst CoverageCI Financial has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CIXX. Previous Next 3.3 Dividend Strength Dividend LeadershipCI Financial is a leading dividend payer. It pays a dividend yield of 4.73%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCI Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of CI Financial is 31.21%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, CI Financial will have a dividend payout ratio of 21.26% next year. This indicates that CI Financial will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CIXX. Previous Next 0.6 News and Social Media Coverage MarketBeat Follows1 people have added CI Financial to their MarketBeat watchlist in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CI Financial insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 34.16% of the stock of CI Financial is held by institutions. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for CI Financial are expected to grow by 11.89% in the coming year, from $2.27 to $2.54 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CI Financial is 6.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.96.Price to Earnings Ratio vs. SectorThe P/E ratio of CI Financial is 6.60, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.18.Price to Earnings Growth RatioCI Financial has a PEG Ratio of 0.56. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioCI Financial has a P/B Ratio of 1.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Wall Street StarThis Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.Click here to learn more about the booming eHealth industry 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.Read More Ad Wall Street StarThis Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.Click here to learn more about the booming eHealth industry CIXX Stock News HeadlinesJanuary 29, 2024 | tmcnet.comCI Financial Announces Fourth Quarter Earnings Conference Call and WebcastNovember 16, 2023 | msn.comCI Alternative Investment Grade Credit Fund declares CAD 0.05 dividendApril 23, 2024 | Wall Street Star (Ad)This Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.August 1, 2023 | businesswire.comCI Private Wealth rebrands as CorientJuly 19, 2023 | msn.comCI Financial goes ex dividend tomorrowJune 13, 2023 | finance.yahoo.comChairman of the Board of CI Financial William Holland Buys 1.0% More SharesMay 17, 2023 | msn.comAre Investors Undervaluing CI Financial (CIXXF) Right Now?May 11, 2023 | reuters.comCI Financial sells $1 bln minority stake in US wealth management armApril 23, 2024 | Wall Street Star (Ad)This Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.May 10, 2023 | markets.businessinsider.comWhere CI&T Stands With AnalystsApril 20, 2023 | msn.comIs CI Financial (CIXXF) Stock Undervalued Right Now?January 31, 2023 | finance.yahoo.comCI GAM Opens the MarketJanuary 19, 2023 | finance.yahoo.comCI Financial Corp. (TSE:CIX) insiders placed bullish bets worth CA$13m in the last 12 monthsJanuary 16, 2023 | finance.yahoo.comCI Global Asset Management Announces Fund Merger, ETF Risk Rating ChangeJanuary 16, 2023 | finance.yahoo.comCI Global Asset Management Announces January 2023 Distributions for CI ETFsDecember 30, 2022 | finance.yahoo.comFollowing Previously Announced Confidential Submission of Draft Registration Statement for its U.S. Business, CI Financial Confirms Intent to Voluntarily Delist from the NYSE and Deregister with the U.S. Securities and Exchange CommissionDecember 22, 2022 | finance.yahoo.comCI Financial Confirms Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering of CI U.S. Holdings Inc.’s Common StockDecember 21, 2022 | finance.yahoo.comShould Value Investors Buy CI Financial (CIXX) Stock?December 8, 2022 | finance.yahoo.comCORRECTING and REPLACING CI Global Asset Management Announces Estimated Annual Reinvested Capital Gains Distributions for CI ETFsNovember 22, 2022 | finance.yahoo.comCI Global Asset Management Launches CI Global Investment Grade FundNovember 12, 2022 | markets.businessinsider.comBarclays Keeps Their Buy Rating on CI Financial (CIXX)November 12, 2022 | finance.yahoo.comAs Profit Falls and Debt Climbs, CI Financial Says It Will Proceed With U.S. IPONovember 10, 2022 | finance.yahoo.comCI Financial Reports Financial Results for the Third Quarter of 2022November 1, 2022 | finance.yahoo.comCI Global Asset Management Launches Global Fixed-Income MandatesOctober 27, 2022 | bizjournals.comSantander secures 95,000 sq. ft. space in 830 BrickellOctober 14, 2022 | finance.yahoo.comCI Global Asset Management Announces October 2022 Distributions for CI ETFsOctober 12, 2022 | finance.yahoo.comCI Financial (TSE:CIX) Is Paying Out A Dividend Of CA$0.18See More Headlines Receive CIXX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CI Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/10/2021Today4/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Investment advice Sub-IndustryN/A Current SymbolNYSE:CIXX CUSIPN/A CIK1829948 Webwww.cifinancial.com Phone(416) 364-1145FaxN/AEmployees2,416Year FoundedN/APrice 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 Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)$1.73 Trailing P/E Ratio6.60 Forward P/E Ratio5.03 P/E Growth0.56Net Income$326.60 million Net Margins17.55% Pretax Margin24.99% Return on Equity37.42% Return on Assets6.99% Debt Debt-to-Equity Ratio2.19 Current Ratio0.60 Quick Ratio0.60 Sales & Book Value Annual Sales$2.16 billion Price / Sales0.98 Cash Flow$2.93 per share Price / Cash Flow3.90 Book Value$6.48 per share Price / Book1.76Miscellaneous Outstanding Shares186,285,000Free FloatN/AMarket Cap$2.13 billion OptionableNot Optionable Beta1.20 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Kurt MacAlpine (Age 41)CEO & Director Comp: $3.72MMr. Darie P. UrbankyPres & COOMr. Amit Muni C.P.A. (Age 54)CPA, Exec. VP & CFO Comp: $1.88MMs. Julie Lynn SilcoxExec. VP & Chief Marketing OfficerMr. Marc-Andre LewisExec. VP & Head of Investment Management at CI Global Asset ManagementMr. Jason Lee Weyeneth C.F.A.VP of Investor Relations & StrategyMr. Edward Douglas Kelterborn B.A.BA, L.L.B., LLB, Exec. VP & Chief Legal OfficerMr. Murray OxbyVP of CommunicationsManisha BurmanExec. VP & Chief HR OfficerMr. Amarjit Kaur AndersonChief Risk OfficerMore ExecutivesKey CompetitorsPJT PartnersNYSE:PJTHighest PerformancesNASDAQ:HPHCI FinancialNYSE:CIXXFGCM GrosvenorNASDAQ:GCMGAssetMark FinancialNYSE:AMKView All Competitors CIXX Stock Analysis - Frequently Asked Questions What is CI Financial's stock price target for 2024? 0 Wall Street analysts have issued 12 month price targets for CI Financial's shares. Their CIXX share price targets range from $22.00 to $22.00. On average, they anticipate the company's stock price to reach $22.00 in the next twelve months. 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) released its quarterly earnings results on Tuesday, August, 10th. The company reported $0.60 EPS 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 analysts' expectations of $679.30 million. CI Financial had a trailing twelve-month return on equity of 37.42% and a net margin of 17.55%. The company's 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. 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