IGM Financial (IGIFF) Stock Price, News & Analysis

Company Overview

IGM Financial Inc. is a Canada-based wealth and asset management company that provides a range of financial planning and investment solutions to individual and institutional clients. Through its wholly owned subsidiaries—IG Wealth Management, Mackenzie Investments, and Investment Planning Counsel—the firm offers advisory services, mutual funds, segregated funds, and a suite of managed portfolio solutions designed to meet diverse investor needs. IGM’s business model centers on delivering fee-based and commission-based products through a network of financial advisors and distribution partners across Canada.

The company’s flagship arm, IG Wealth Management, operates one of the largest financial advisor networks in the country, offering advice on retirement planning, tax strategies, estate and legacy planning, and insurance products. Mackenzie Investments specializes in a broad selection of mutual funds, exchange-traded funds (ETFs), private investment funds, and alternative strategies, catering to retail and institutional investors. Investment Planning Counsel provides financial planning services, with an emphasis on comprehensive wealth management and risk mitigation solutions tailored to high-net-worth clients.

IGM Financial is a subsidiary of Power Corporation of Canada, one of the nation’s leading diversified international management and holding companies. Headquartered in Toronto, Ontario, IGM serves clients coast to coast through a network of branches, independent advisors, and digital platforms. The organization’s senior leadership team comprises executives with deep experience in financial services, investment management, and client advisory, underscoring its commitment to delivering market-driven solutions and robust governance practices.

Key Stats

• Today's Range: $64.19 to $64.19
• 50-Day Range: $53.97 to $64.96
• 52-Week Range: $34.66 to $65.05
• Volume: 21,883 shs
• Average Volume: 27,030 shs
• Market Capitalization: N/A
• P/E Ratio: 20.26
• Dividend Yield: 3.35%
• Price Target: N/A
• Consensus Rating: Hold

IGM Financial Stock Analysis - MarketRank™

IGM Financial scored higher than 21% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

IGM Financial has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on no strong buy ratings, 2 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

IGM Financial has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of IGM Financial is 20.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.61.

Price to Earnings Ratio vs. Sector

The P/E ratio of IGM Financial is 20.26, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 29.21.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

IGM Financial has a short interest ratio ("days to cover") of 43.27, which indicates bearish sentiment.

Change versus previous month

Short interest in IGM Financial has recently increased by 14.71%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

IGM 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 Growth

IGM Financial does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of IGM Financial is 67.85%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for IGM Financial this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, IGM Financial insiders have not sold or bought any company stock.

Percentage Held by Institutions

74.96% of the stock of IGM Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Finance
• Industry: Capital Markets
• Sub-Industry: Asset Management & Custody Banks
• Current Symbol: OTCMKTS:IGIFF
• Previous Symbol: NASDAQ:IGIFF
• CIK: N/A
• Web: www.igmfinancial.com
• Phone: (204) 956-8328
• Fax: N/A
• Employees: 3,300
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 20.26
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A