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TSE:CIX

CI Financial (CIX) Stock Price, News & Analysis

C$16.84
+0.13 (+0.78%)
(As of 07/26/2024 ET)
Today's Range
C$16.74
C$16.93
50-Day Range
C$14.01
C$16.84
52-Week Range
C$12.51
C$17.73
Volume
239,426 shs
Average Volume
455,180 shs
Market Capitalization
C$2.55 billion
P/E Ratio
N/A
Dividend Yield
4.75%
Price Target
C$19.22

CI Financial MarketRank™ Stock Analysis

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
14.1% Upside
C$19.22 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.14mentions of CI Financial in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
C$278,118 Sold Last Quarter
Proj. Earnings Growth
N/A

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.

2.75 out of 5 stars

CIX stock logo

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.

CIX Stock Price History

CIX Stock News Headlines

Closing Bell: CI Financial Corp flat on Thursday (CIX)
CI Financial (TSE:CIX) Price Target Cut to C$20.00
The next companies to potentially benefit thanks to Nvidia are …
Nvidia is pivoting to a new $1 trillion Superproject that could revolutionize the AI industry… again. And it’s enlisting a whole new set of partners.
The next companies to potentially benefit thanks to Nvidia are …
Nvidia is pivoting to a new $1 trillion Superproject that could revolutionize the AI industry… again. And it’s enlisting a whole new set of partners.
CI Financial Price Targets Lowered at TD, RBC
CI Financial Corp.
TSX Earnings Recap: Week of Feb 20- Feb 23
Stocks in play: CI Financial Corp.
See More Headlines
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Company Calendar

Last Earnings
5/10/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/08/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
2,416
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$19.22
High Stock Price Target
C$21.00
Low Stock Price Target
C$17.00
Potential Upside/Downside
+14.1%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
9 Analysts

Profitability

Net Income
C$-179,390,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$3.23 billion
Cash Flow
C$1.72 per share
Book Value
C$5.70 per share

Miscellaneous

Free Float
N/A
Market Cap
C$2.55 billion
Optionable
Not Optionable
Beta
1.63
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Key Executives

  • Mr. Kurt MacAlpine (Age 42)
    CEO & Director
    Comp: $7.24M
  • Dr. Marc-André Lewis Ph.D.
    Executive VP, Chief Investment Officer & Co-Head of CI Global Asset Management
  • Mr. Sean Etherington
    EVP & Co-Head Canada Wealth
  • Mr. Christopher James Enright
    EVP & Co-Head Canada Wealth
  • Mr. Darie P. Urbanky
    President, COO & Co-Head of CI Global Asset Management
  • Mr. Jason Lee Weyeneth C.F.A.
    Vice President of Investor Relations & Strategy
  • Mr. Edward Douglas Kelterborn B.A.
    L.L.B., Executive VP & Chief Legal Officer
  • Mr. Murray Oxby
    Vice President of Communications
  • Ms. Julie Lynn Silcox
    Executive VP & Chief Marketing Officer
  • Ms. Manisha Burman
    Executive VP & Chief Human Resources Officer

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 start of the year. Since then, CIX stock has increased by 13.3% and is now trading at C$16.84.
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 data on Friday, May, 10th. The company reported $0.86 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.87 by $0.01. The firm earned $645.68 million during the quarter, compared to analysts' expectations of $690.26 million. CI Financial had a negative trailing twelve-month return on equity of 8.77% and a negative net margin of 5.55%.

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).

This page (TSE:CIX) was last updated on 7/27/2024 by MarketBeat.com Staff

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