TSE:CIX CI Financial (CIX) Stock Price, News & Analysis C$17.54 +0.13 (+0.75%) (As of 09/11/2024 ET) Add Compare Share Share Today's RangeC$17.16▼C$17.5750-Day RangeC$14.75▼C$17.5452-Week RangeC$12.51▼C$17.64Volume437,566 shsAverage Volume430,840 shsMarket CapitalizationC$2.56 billionP/E RatioN/ADividend Yield4.56%Price TargetC$19.38 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get CI Financial alerts: Email Address CI Financial MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside10.5% UpsideC$19.38 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.57Based on 3 Articles This WeekInsider TradingSelling SharesC$186,554 Sold Last QuarterProj. 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.1.84 out of 5 stars 2.3 Analyst's Opinion Consensus RatingCI Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageCI Financial has only been the subject of 1 research reports in the past 90 days.Read more about CI Financial's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CIX. Previous Next 1.7 Dividend Strength Dividend LeadershipCI Financial is a leading dividend payer. It pays a dividend yield of 4.59%, 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.Read more about CI Financial's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CIX. Previous Next 3.1 News and Social Media Coverage News SentimentCI Financial has a news sentiment score of 0.57. 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 news sentiment score is similar to the average news sentiment of Financial Services companies.News Coverage This WeekMarketBeat has tracked 3 news articles for CI Financial this week, compared to 1 article on an average week.Search Interest9 people have searched for CIX on MarketBeat in the last 30 days. This is an increase of 350% compared to the previous 30 days.MarketBeat Follows2 people have added CI Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CI Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$186,554.00 in company stock.Percentage Held by Insiders15.56% of the stock of CI Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 12.06% of the stock of CI Financial is held by institutions.Read more about CI Financial's insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of CI Financial is -64.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of CI Financial is -64.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioCI Financial has a PEG Ratio of 0.04. 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 2.72. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about CI Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaTrillion Dollar Blockchain Shift Could Trigger THIS CoinIt's a groundbreaking opportunity that could be poised for extraordinary gains. The catalyst behind this surge is a massive new blockchain development…YES, I WANT THE #1 CRYPTO NOW About CI Financial Stock (TSE:CIX)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 CIX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CIX Stock News HeadlinesAugust 24, 2024 | insidertrades.comCI Financial Corp. (TSE:CIX) Director Hoi Sha Elsa Li Sells 989 SharesSeptember 9 at 4:53 PM | stockhouse.comCI Global Asset Management Enhances Private Markets Funds, Providing Increased Access and TransparencySeptember 12, 2024 | Market JAR (Ad)Tesla of the Skies?Remember when Tesla disrupted the auto industry? Buckle up, because they could have the potential to do the same for aviation. The $75+ billion regional air mobility market is taking shape now. Don't let this opportunity fly by!August 29, 2024 | tmcnet.comCI Global Asset Management Announces Risk Rating Change for CI Global Unconstrained Bond FundAugust 19, 2024 | financialpost.comCI Financial Reports Total Assets of $511.3 Billion for July 2024August 19, 2024 | theglobeandmail.comCI Financial: Top 25 Undervalued Toronto Stock Exchange Stocks (CIX)August 12, 2024 | stockhouse.comCI Investment Services Inc. to Assume Client Accounts of Discount Brokerage Arm of Laurentian Bank SecuritiesAugust 12, 2024 | finance.yahoo.comLaurentian Bank Securities announces the sale of assets under administration of its Discount Brokerage divisionSeptember 12, 2024 | Market JAR (Ad)Tesla of the Skies?Remember when Tesla disrupted the auto industry? Buckle up, because they could have the potential to do the same for aviation. The $75+ billion regional air mobility market is taking shape now. Don't let this opportunity fly by!August 11, 2024 | finance.yahoo.comCI Financial Second Quarter 2024 Earnings: Beats ExpectationsJuly 31, 2024 | finance.yahoo.comCI Financial (TSE:CIX) adds CA$73m to market cap in the past 7 days, though investors from three years ago are still down 17%July 31, 2024 | finance.yahoo.comCI Global Asset Management Announces Enhancements to Smart Switch DCA™, Its Dollar Cost Averaging ProgramJuly 19, 2024 | theglobeandmail.comClosing Bell: CI Financial Corp flat on Thursday (CIX)May 22, 2024 | finance.yahoo.comCI Financial Prices US$675.0 Million Private Offering of NotesMay 21, 2024 | finance.yahoo.comCI Financial Reports Total Assets of $467.9 Billion for April 2024May 21, 2024 | finance.yahoo.comCI Financial Corp. Announces Private Offering of U.S. Dollar NotesMay 20, 2024 | yahoo.comCI Coop takes neurodivergent-friendly stepsMay 14, 2024 | msn.comTSX Today: What to Watch for in Stocks on Monday, May 13See More Headlines Receive CIX 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 Earnings8/08/2024Today9/11/2024Next Earnings (Estimated)11/14/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorFinancial Services Industry Asset Management Sub-IndustryConstruction Materials Current SymbolTSE:CIX CUSIPN/A CIKN/A Webwww.cifinancial.com Phone+1-416-3641145FaxN/AEmployees610Year FoundedN/APrice Target and Rating Average Stock Price TargetC$19.38 High Stock Price TargetC$21.00 Low Stock Price TargetC$17.00 Potential Upside/Downside+10.5%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)C($0.27) Trailing P/E RatioN/A Forward P/E Ratio4.97 P/E Growth0.04Net IncomeC$-53,930,000.00 Net Margins-1.54% Pretax MarginN/A Return on Equity-4.48% Return on Assets4.87% Debt Debt-to-Equity Ratio577.47 Current Ratio0.34 Quick Ratio0.17 Sales & Book Value Annual SalesC$3.50 billion Price / Sales0.73 Cash FlowC$1.80 per share Price / Cash Flow9.77 Book ValueC$6.44 per share Price / Book2.72Miscellaneous Outstanding Shares146,120,000Free FloatN/AMarket CapC$2.56 billion OptionableNot Optionable Beta1.67 Reduce the RiskMarket downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.Get This Free Report Key ExecutivesMr. Kurt MacAlpine (Age 42)CEO & Director Comp: $7.24MDr. Marc-André Lewis Ph.D.Executive VP, Chief Investment Officer & Co-Head of CI Global Asset ManagementMr. Sean EtheringtonEVP & Co-Head Canada WealthMr. Christopher James EnrightEVP & Co-Head Canada WealthMr. Darie P. UrbankyPresident, COO & Co-Head of CI Global Asset ManagementMr. Jason Lee Weyeneth C.F.A.Vice President of Investor Relations & StrategyMr. Edward Douglas Kelterborn B.A.L.L.B., Executive VP & Chief Legal OfficerMr. Murray OxbyVice President of CommunicationsMs. Julie Lynn SilcoxExecutive VP & Chief Marketing OfficerMs. Manisha BurmanExecutive VP & Chief Human Resources OfficerMore ExecutivesKey CompetitorsWest Fraser TimberTSE:WFGCrew EnergyTSE:CRCRH MedicalTSE:CRHWestern Forest ProductsTSE:WEFSunwah InternationalTSE:SWHView All CompetitorsInsidersHoi Sha Elsa LiSold 989 sharesTotal: C$16,417.40 ($16.60/share)Manisha BurmanSold 11,953 sharesTotal: C$170,136.61 ($14.23/share)Amit MuniSold 7,424 sharesTotal: C$107,981.34 ($14.54/share)Brigette Elizabeth ChangBought 68 shares on 1/15/2024Total: C$1,029.49 ($15.14/share)View All Insider Transactions CIX Stock Analysis - Frequently Asked Questions How have CIX shares performed this year? CI Financial's stock was trading at C$14.86 at the beginning of 2024. Since then, CIX stock has increased by 18.0% and is now trading at C$17.54. View the best growth stocks for 2024 here. How were CI Financial's earnings last quarter? CI Financial Corp. (TSE:CIX) released its quarterly earnings results on Thursday, August, 8th. The company reported $0.90 EPS for the quarter. The company earned $985.96 million during the quarter. CI Financial had a negative trailing twelve-month return on equity of 4.48% and a negative net margin of 1.54%. How do I buy shares of CI Financial? Shares of CIX 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.Compare Top Brokerages Here. What other stocks do shareholders of CI Financial own? Based on aggregate information from My MarketBeat watchlists, some other companies that CI Financial investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET) and Wheaton Precious Metals (WPM). 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