TSE:CIXCI Financial Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding CI Financial Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add C$18.41 -0.30 (-1.60 %) (As of 08/4/2020 07:53 AM ET) Add Compare Share Today's RangeC$18.28Now: C$18.41▼C$18.7450-Day RangeC$16.67MA: C$17.65▼C$18.7552-Week RangeC$10.53Now: C$18.41▼C$25.81Volume469,206 shsAverage Volume781,564 shsMarket CapitalizationC$3.95 billionP/E Ratio8.18Dividend Yield3.91%BetaN/A ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media 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 Beat the Market (BTM) Rank™ 2.3 Analyst's Opinion Consensus RatingCI Financial has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$21.00, CI Financial has a potential upside of 14.1% from its current price of C$18.41.Amount of Analyst CoverageCI Financial has only been the subject of 2 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesCI Financial has received 424 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCI Financial has received 465 “underperform” votes. (Add your “underperform” vote.)Community SentimentCI Financial has received 52.31% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about CI Financial and other stocks. Vote “Outperform” if you believe CIX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CIX will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend YieldCI Financial pays a meaningful dividend of 3.91%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCI Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of CI Financial is 31.99%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CI Financial insiders have not sold or bought any company stock. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of CI Financial is 8.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.67.Price to Earnings Ratio vs. SectorThe P/E ratio of CI Financial is 8.18, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 10.01.Price to Earnings Growth RatioDue to a projected decrease in earnings for CI Financial, their PEG ratio cannot be calculated.Price to Book Value per Share RatioCI Financial has a P/B Ratio of 2.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.3Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.51 out of 5 stars Industry, Sector and Symbol Stock Exchange TSE Industry Asset Management Sub-IndustryN/A SectorFinancial Services Current SymbolTSE:CIX Previous Symbol CUSIPN/A CIKN/A Webwww.cifinancial.com Phone+1-416-3641145Debt Debt-to-Equity Ratio122.31 Current Ratio0.79 Quick Ratio0.40Price-To-Earnings Trailing P/E Ratio8.18 Forward P/E Ratio8.29 P/E Growth-4.14 Sales & Book Value Annual SalesC$2.09 billion Price / Sales1.89 Cash FlowC$1.52 per share Price / Cash Flow12.10 Book ValueC$6.82 per share Price / Book2.70Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous Employees1,799 Outstanding Shares214,800,000Market CapC$3.95 billion Next Earnings Date8/13/2020 (Estimated) OptionableNot Optionable C$18.41 -0.30 (-1.60 %) (As of 08/4/2020 07:53 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive CIX News and Ratings via Email Sign-up to receive the latest news and ratings for CIX and its competitors with MarketBeat's FREE daily newsletter. CI Financial (TSE:CIX) Frequently Asked Questions How has CI Financial's stock been impacted by COVID-19 (Coronavirus)? CI Financial's stock was trading at C$18.84 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CIX shares have decreased by 2.3% and is now trading at C$18.41. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of CI Financial? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CI Financial in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for CI Financial. When is CI Financial's next earnings date? CI Financial is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for CI Financial. How were CI Financial's earnings last quarter? CI Financial Corp (TSE:CIX) issued its earnings results on Wednesday, May, 6th. The company reported $0.58 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.62 by $0.04. The firm had revenue of $499.29 million for the quarter. View CI Financial's earnings history. What price target have analysts set for CIX? 2 brokerages have issued 1-year target prices for CI Financial's shares. Their forecasts range from C$18.00 to C$26.00. On average, they anticipate CI Financial's share price to reach C$21.00 in the next year. This suggests a possible upside of 14.1% from the stock's current price. View analysts' price targets for CI Financial. Has CI Financial been receiving favorable news coverage? Media headlines about CIX stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. CI Financial earned a coverage optimism score of -1.7 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days. View the latest news about CI Financial. Who are some of CI Financial's key competitors? Some companies that are related to CI Financial include Scottish Mortgage Investment Trust (SMT), Magellan Financial Group (MFG), 3i Group (III), Hargreaves Lansdown (HL), SCHRODERS/PAR VTG FPD 1 (SDR), IGM Financial (IGM), TMX Group (X), Australian Foundation Investment Co.Ltd. (AFI), DWS Group & GmbH Co KgaA (DWS), ONEX (ONEX), JANUS/IDR UNRESTR (JHG), Argo Investments (ARG), M&G (MNG), Intermediate Capital Group (ICP) and F&C Investment Trust (FCIT). View all competitors. What other stocks do shareholders of CI Financial own? Based on aggregate information from My MarketBeat watchlists, some companies that other CI Financial investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Wheaton Precious Metals (WPM), Open Text (OTEX), Rogers Communications (RCI) and Toronto-Dominion Bank (TD). Who are CI Financial's key executives? CI Financial's management team includes the following people: Mr. Peter William Anderson, Pres, CEO & Director (Age 61)Mr. Douglas J. Jamieson, Exec. VP & CFO (Age 52)Mr. Steven J. Donald, Exec. VP & Chief Risk OfficerMr. Darie P. Urbanky, Exec. VP & COOMr. Neal A. Kerr, Exec. VP What is CI Financial's stock symbol? CI Financial trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CIX." How do I buy shares of CI Financial? Shares of CIX and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab. What is CI Financial's stock price today? One share of CIX stock can currently be purchased for approximately C$18.41. How big of a company is CI Financial? CI Financial has a market capitalization of C$3.95 billion and generates C$2.09 billion in revenue each year. CI Financial employs 1,799 workers across the globe. What is CI Financial's official website? The official website for CI Financial is www.cifinancial.com. How can I contact CI Financial? CI Financial's mailing address is Twentieth, 2 Queen St E Floor, TORONTO, ON M5C 3G7, Canada. The company can be reached via phone at +1-416-3641145. 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