Canadian General Investments (CGI) Stock Price, News & Analysis

Company Overview

A closed-end equity fund focused on medium to long-term capital appreciation and dividends in Canadian corporations. The Manager utilizes a bottom-up investment strategy in an effort to achieve the Corporations investment objectives. With this type of investment strategy, the Manager first seeks individual companies with attractive investment potential, then proceeds to consider the larger industry, economic and global trends affecting those companies. The Manager attempts to mitigate market risk by maintaining a well-diversified portfolio of primarily publicly-listed Canadian equities with individual positions generally not exceeding 5 percent of the total investment portfolio. Foreign securities are typically not expected to exceed 15 Percent, in aggregate, of the portfolios market value. Derivatives may not be used by the Manager to achieve the Corporations investment objectives.

Key Stats

• Today's Range: C$44.80 to C$45.42
• 50-Day Range: C$39.74 to C$45.00
• 52-Week Range: C$30.40 to C$45.70
• Volume: 4,955 shs
• Average Volume: 6,847 shs
• Market Capitalization: C$938.75 million
• P/E Ratio: 5.04
• Dividend Yield: 2.31%
• Price Target: C$175.00
• Consensus Rating: N/A

Canadian General Investments Stock Analysis - MarketRank™

Canadian General Investments scored higher than 33% 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: N/A

Upside Potential

Canadian General Investments has a consensus price target of C$175.00, representing about 288.9% upside from its current price of C$45.00.

Amount of Analyst Coverage

Canadian General Investments has received no research coverage 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 Canadian General Investments is 5.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 268.39.

Price to Earnings Ratio vs. Sector

The P/E ratio of Canadian General Investments is 5.04, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 1,777.87.

Price to Book Value per Share Ratio

Canadian General Investments 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 CGI.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Canadian General Investments pays a meaningful dividend of 2.40%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Canadian General Investments does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Canadian General Investments is 11.66%. 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 CGI.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

7 people have searched for CGI on MarketBeat in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Canadian General Investments insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$47,023.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

16.00% of the stock of Canadian General Investments is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 0.80% of the stock of Canadian General Investments is held by institutions.

CGI Stock Analysis - Frequently Asked Questions

How have CGI shares performed this year?

Canadian General Investments' stock was trading at C$40.48 at the beginning of the year. Since then, CGI stock has increased by 11.2% and is now trading at C$45.00.

How do I buy shares of Canadian General Investments?

Shares of CGI 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.

What other stocks do shareholders of Canadian General Investments own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Canadian General Investments investors own include Enbridge (ENB), TELUS (T), Arista Networks (ANET), MercadoLibre (MELI), Nextera Energy Partners (NEP), PayPal (PYPL) and Bank of Nova Scotia (BNS).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: N/A
• Current Symbol: TSE:CGI
• CIK: N/A
• Web: www.mmainvestments.com
• Phone: +1-416-3662931
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Canadian General Investments: C$175.00
• High Price Target: C$175.00
• Low Price Target: C$175.00
• Potential Upside/Downside: +288.9%
• Consensus Rating: N/A
• Rating Score (0-4): 0.00
• Research Coverage: 0 Analysts

Profitability

• EPS (Trailing Twelve Months): C$8.92
• Trailing P/E Ratio: 5.04
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$164.46 million
• Net Margins: 63.80%
• Pretax Margin: N/A
• Return on Equity: 13.23%
• Return on Assets: 8.12%

Debt

• Debt-to-Equity Ratio: 13.42
• Current Ratio: 6.79
• Quick Ratio: 7.44

Sales & Book Value

• Annual Sales: C$191.19 million
• Price / Sales: 4.91
• Cash Flow: C$66.99 per share
• Price / Cash Flow: 0.67
• Book Value: C$62.50 per share
• Price / Book: 0.72

Miscellaneous

• Outstanding Shares: 20,861,000
• Free Float: N/A
• Market Cap: C$938.75 million
• Optionable: Not Optionable
• Beta: -0.41