OTCMKTS:IGIFF IGM Financial (IGIFF) Stock Price, News & Analysis → Elon’s New Device is About to Shock the World (From InvestorPlace) (Ad) Free IGIFF Stock Alerts $27.27 -0.48 (-1.73%) (As of 06/13/2024 ET) Add Compare Share Share Today's Range$27.11▼$27.3450-Day Range$24.11▼$28.0652-Week Range$22.14▼$31.56Volume10,037 shsAverage Volume14,349 shsMarket CapitalizationN/AP/E Ratio8.61Dividend Yield7.88%Price Target$45.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartDividendHeadlinesShort InterestStock AnalysisAnalyst ForecastsChartDividendHeadlinesShort Interest Get IGM Financial alerts: Email Address IGM Financial MarketRank™ Stock AnalysisAnalyst Rating0.00 Rating ScoreUpside/Downside65.0% Upside$45.00 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.0.83 out of 5 stars 2.0 Analyst's Opinion Amount of Analyst CoverageIGM Financial has received no research coverage in the past 90 days.Read more about IGM Financial's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares ShortedShort Interest Ratio / Days to CoverIGM Financial has a short interest ratio ("days to cover") of 298.1, which indicates bearish sentiment.Change versus previous monthShort interest in IGM Financial has recently decreased by 5.75%, indicating that investor sentiment is improving significantly. 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%.Read more about IGM Financial's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for IGIFF. Previous Next 0.0 News and Social Media Coverage 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.Read more about IGM Financial's insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of IGM Financial is 8.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.57.Price to Earnings Ratio vs. SectorThe P/E ratio of IGM Financial is 8.61, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 481.83. Previous Next See Top Rated MarketRank™ Stocks Here Ad The Freeport SocietyAn utter travestyThe 'invasion' I've discovered has nothing to do with the border crisis. What's happening at our southern border is a travesty, but the 'invasion' I've found will have 10 times greater effects on our economy, and ultimately our way of life.Go here to see why. 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 HeadlinesJune 12 at 4:40 AM | americanbankingnews.comIGM Financial (OTCMKTS:IGIFF) Stock Price Crosses Above 50 Day Moving Average of $26.06May 27, 2024 | finance.yahoo.comMackenzie Investments Announces May 2024 Distributions for its Exchange Traded FundsMay 9, 2024 | finance.yahoo.comIGM Financial's (TSE:IGM) Dividend Will Be CA$0.5625April 18, 2024 | finance.yahoo.comMackenzie Investments' Fifth Annual Earth Day Study: Canadians' Interest in Sustainable Investing on the Rise, But Barriers to Increased Adoption Still RemainApril 3, 2024 | finance.yahoo.comIGM Financial selects Eviden to provide cloud computing servicesMarch 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 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 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 YearsSee 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 4/30 Dividend3/27/2024Dividend Payable4/30/2024Today6/14/2024Get 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$45.00 High Stock Price Target$48.00 Low Stock Price Target$40.00 Potential Upside/Downside+65.0%Consensus Rating Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio8.61 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 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. James O'Sullivan (Age 60)President, CEO & Director Comp: $2.87MMr. 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 What is IGM Financial's stock price target for 2024? 0 analysts have issued 12-month price objectives for IGM Financial's stock. Their IGIFF share price targets range from $40.00 to $48.00. On average, they anticipate the company's share price to reach $45.00 in the next twelve months. This suggests a possible upside of 65.0% 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 increased by 3.2% and is now trading at $27.27. View the best growth stocks for 2024 here. Are investors shorting IGM Financial? IGM Financial saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 537,700 shares, a decline of 17.8% from the April 30th total of 654,100 shares. Based on an average daily volume of 36,100 shares, the days-to-cover ratio is currently 14.9 days. View IGM Financial's Short Interest. How often does IGM Financial pay dividends? What is the dividend yield for IGM Financial? IGM Financial announced a dividend on Thursday, March 21st. Investors of record on Thursday, March 28th will be paid a dividend of $0.4167 per share on Tuesday, April 30th. This represents a dividend yield of 6.51%. The ex-dividend date of this dividend is Wednesday, March 27th. This is a positive change 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 6/14/2024 by MarketBeat.com Staff From Our PartnersJeff Bezos & 48 Members of Congress Are Buying ONE Sector…Why are Warren Buffett, Jeff Bezos, Michael Bloomberg, “The Walmart Family”, Bill Gates, and 48 members of Con...InvestorPlace | SponsoredLike Investing in Big Tech in the Early 2000s?More than a decade after the first Bitcoin was mined, people are finally realizing something very important......Manward Press | SponsoredThe Single Biggest Breakthrough of the Decade Billionaires, Jeff Bezos, Bill Gates, Warren Buffett, and Sir Richard Branson are rallying behind this technol...Porter & Company | SponsoredAn utter travestyThe 'invasion' I've discovered has nothing to do with the border crisis. 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