AGF Management (AGF.B) Stock Price, News & Analysis

Company Overview

AGF Management is a Canadian-based asset manager with operations and investments in Canada, the United States, the United Kingdom, Ireland, and Asia. At the end of May 2022, the firm had CAD 40.3 billion in total assets under management. AGF Management's funds are weighted more heavily toward equities, with just over two thirds of retail AUM being equity related. That said, the company does use fundamental, quantitative and alternative strategies to manages its investment funds. AGF Management has a more meaningful portion of its business tied to institutional clients than its peers, with 26% of AUM derived from institutional and subadvised accounts. The company also derives 17% of its managed assets from high-net-worth clients.

Key Stats

• Today's Range: C$12.18 to C$12.52
• 50-Day Range: C$11.80 to C$13.40
• 52-Week Range: C$7.65 to C$13.60
• Volume: 89,946 shs
• Average Volume: 69,526 shs
• Market Capitalization: C$789.04 million
• P/E Ratio: 7.91
• Dividend Yield: 3.83%
• Price Target: C$13.83
• Consensus Rating: Moderate Buy

AGF Management Stock Analysis - MarketRank™

AGF Management scored higher than 51% 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: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

AGF Management has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

AGF Management has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of AGF Management is 7.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 270.85.

Price to Earnings Ratio vs. Sector

The P/E ratio of AGF Management is 7.91, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 1,695.82.

Price to Earnings Growth Ratio

AGF Management has a PEG Ratio of 1.18. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

AGF Management has a P/B Ratio of 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for AGF.B.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

AGF Management is a leading dividend payer. It pays a dividend yield of 3.98%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

AGF Management does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of AGF Management is 30.32%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for AGF.B.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.28

News Sentiment

AGF Management has a news sentiment score of 0.28. 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 1.10 average news sentiment score of Financial Services companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for AGF Management this week, compared to 2 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Balanced

Insider Buying vs. Insider Selling

In the past three months, AGF Management insiders have sold just slightly more of their company's stock than they have bought. Specifically, they have bought C$1,136,048.00 in company stock and sold C$1,159,908.00 in company stock. It is common for insiders to sell company stock at intervals simply to diversify their holdings.

Percentage Held by Insiders

18.70% of the stock of AGF Management is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 11.86% of the stock of AGF Management is held by institutions.

AGF.B Stock Analysis - Frequently Asked Questions

How have AGF.B shares performed this year?

AGF Management's stock was trading at C$10.67 at the beginning of the year. Since then, AGF.B stock has increased by 14.9% and is now trading at C$12.26.

How do I buy shares of AGF Management?

Shares of AGF.B stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Trading
• Current Symbol: TSE:AGF.B
• CIK: N/A
• Web: www.agf.com
• Phone: 416-367-1900
• Fax: N/A
• Employees: 652
• Year Founded: N/A

Price Target and Rating

• Average Price Target for AGF Management: C$13.83
• High Price Target: C$17.00
• Low Price Target: C$11.00
• Potential Upside/Downside: +12.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): C$1.55
• Trailing P/E Ratio: 7.91
• Forward P/E Ratio: 7.85
• P/E Growth: 1.18
• Net Income: C$85.73 million
• Net Margins: 16.58%
• Pretax Margin: N/A
• Return on Equity: 7.64%
• Return on Assets: 5.20%

Debt

• Debt-to-Equity Ratio: 11.27
• Current Ratio: 1.19
• Quick Ratio: 1.75

Sales & Book Value

• Annual Sales: C$534.80 million
• Price / Sales: 1.48
• Cash Flow: C$2.08 per share
• Price / Cash Flow: 5.89
• Book Value: C$17.13 per share
• Price / Book: 0.72

Miscellaneous

• Outstanding Shares: 64,359,000
• Free Float: N/A
• Market Cap: C$789.04 million
• Optionable: Not Optionable
• Beta: 1.32