CI Financial Corp Company Profile (TSE:CIX)

About CI Financial Corp

CI Financial Corp logoCI Financial Corp. (CI) is a wealth management and investment fund company. The Company is engaged in management, marketing, distribution and administration of mutual funds, segregated funds, exchange-traded funds, structured products and other fee-earning investment products for Canadian investors. CI operates through two segments: Asset Management and Asset Administration. The Company's Asset Management segment derives its revenue principally from the fees earned on the management of several families of mutual, segregated, pooled, exchange-traded and closed-end funds, structured products and discretionary accounts. CI's Asset Administration segment derives its revenue principally from commissions and fees earned on the sale of mutual funds and other financial products and ongoing service to clients. The Company's products are distributed primarily through brokers, independent financial planners and insurance advisors, among others.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: TSE
  • Symbol: CIX
  • CUSIP:
Key Metrics:
  • Previous Close: $27.08
  • 50 Day Moving Average: $27.80
  • 200 Day Moving Average: $26.43
  • 52-Week Range: C$23.52 - C$30.34
  • Trailing P/E Ratio: 14.64
  • P/E Growth: 1.80
  • Market Cap: $7.17B
  • Outstanding Shares: 266,911,000
Additional Links:

Analyst Ratings

Consensus Ratings for CI Financial Corp (TSE:CIX) (?)
Ratings Breakdown: 2 Sell Ratings, 3 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.22)
Consensus Price Target: C$29.00

Analysts' Ratings History for CI Financial Corp (TSE:CIX)
Show:
DateFirmActionRatingPrice TargetDetails
2/17/2017ScotiabankReiterated RatingSector PerformC$30.00View Rating Details
2/17/2017DesjardinsLower Price TargetHoldC$28.00 -> C$27.00View Rating Details
2/17/2017TD SecuritiesBoost Price TargetHoldC$27.00 -> C$28.00View Rating Details
1/19/2017Barclays PLCBoost Price TargetOverweightC$29.00 -> C$30.00View Rating Details
1/9/2017RBC Capital MarketsDowngradeSector Perform -> UnderperformView Rating Details
1/9/2017Royal Bank of CanadaDowngradeSector Perform -> UnderperformC$26.00 -> C$27.00View Rating Details
11/4/2016Canaccord GenuityUpgradeHold -> BuyView Rating Details
8/5/2016GMP SecuritiesLower Price TargetBuyC$35.50 -> C$32.00View Rating Details
8/5/2016CIBCLower Price TargetC$32.50 -> C$31.00View Rating Details
8/5/2016BMO Capital MarketsLower Price TargetOutperformC$31.00 -> C$29.00View Rating Details
2/3/2016National Bank FinancialLower Price TargetC$34.00 -> C$31.00View Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for CI Financial Corp (TSE:CIX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017        
8/8/2014$0.47$0.45ViewN/AView Earnings Details
5/8/2014$0.43$0.43ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for CI Financial Corp (TSE:CIX)
Current Year EPS Consensus Estimate: $2.16 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.46$0.50$0.48
Q2 20163$0.49$0.55$0.51
Q3 20163$0.51$0.57$0.53
Q4 20163$0.52$0.58$0.54
Q1 20172$0.52$0.58$0.55
Q2 20172$0.55$0.60$0.58
Q3 20172$0.56$0.62$0.59
Q4 20172$0.57$0.63$0.60
(Data provided by Zacks Investment Research)

Dividends

Dividend History for CI Financial Corp (TSE:CIX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/27/2016MonthlyC$0.125.63%10/27/201611/15/201611/15/2016
7/27/2016MonthlyC$0.125.21%7/27/20168/15/20168/15/2016
4/27/2016MonthlyC$0.114.67%4/27/20165/13/20165/13/2016
1/27/2016MonthlyC$0.114.37%1/27/20162/12/20162/12/2016
11/25/2015MonthlyC$0.114.23%11/25/201512/15/201512/15/2015
10/28/2015MonthlyC$0.114.2%10/28/201511/13/201511/13/2015
8/6/2015C$0.088/27/20158/31/20159/15/2015
5/7/2015C$0.097/29/20157/31/20158/14/2015
5/7/2015C$0.096/26/20156/30/20157/15/2015
5/7/2015C$0.095/27/20155/31/20156/15/2015
2/12/2015C$0.084/28/20154/30/20155/15/2015
2/12/2015C$0.083/27/20153/31/20154/15/2015
2/12/2015C$0.082/25/20152/28/20153/13/2015
1/28/2015MonthlyC$0.113.88%1/28/20152/13/20152/13/2015
11/6/2014C$0.0912/29/201412/31/20141/15/2015
11/6/2014nov 14C$0.113.71%11/25/201411/30/201412/15/2014
10/29/2014MonthlyC$0.103.8%10/29/201411/14/201411/14/2014
8/7/2014C$0.098/27/20148/31/20149/15/2014
7/29/2014MonthlyC$0.103.46%7/29/20148/15/20148/15/2014
5/7/2014C$0.096/26/20146/30/20147/15/2014
5/7/2014may 14C$0.105/28/20145/31/20146/13/2014
4/28/2014MonthlyC$0.103.2%4/28/20145/15/20145/15/2014
2/13/2014C$0.092/26/20142/28/20143/14/2014
2/26/2014MonthlyC$0.103.2%2/26/20143/14/20143/14/2014
11/7/2013C$0.091/29/20141/31/20142/14/2014
1/29/2014MonthlyC$0.103.25%1/29/20142/14/20142/14/2014
11/7/2013C$0.0912/27/201312/31/20131/15/2014
11/7/2013C$0.0911/27/201311/30/201312/13/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for CI Financial Corp (TSE:CIX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/22/2017A. Winn OughtredDirectorSell50,000C$27.68C$1,384,000.00
1/12/2017Barry Huntly GordonDirectorSell30,000C$28.50C$855,000.00
1/11/2017Barry Huntly GordonDirectorSell20,000C$28.64C$572,800.00
3/24/2016Lawrence H RoweDirectorSell13,281C$29.26C$388,588.78
3/4/2016David P MillerDirectorBuy1,000C$28.80C$28,800.00
2/26/2016William T HollandDirectorSell1,000,000C$30.00C$30,000,000.00
2/23/2016David P MillerDirectorBuy1,000C$29.00C$29,000.00
2/19/2016David P MillerDirectorBuy1,000C$29.00C$29,000.00
1/14/2016Douglas J.R. JamiesonInsiderBuy200C$28.89C$5,778.00
12/23/2015A. Winn OughtredDirectorSell165,300C$30.81C$5,092,231.80
12/22/2015A. Winn OughtredDirectorSell50,000C$30.52C$1,526,140.00
12/21/2015A. Winn OughtredDirectorSell64,000C$30.58C$1,957,126.40
12/18/2015A. Winn OughtredDirectorSell58,500C$30.49C$1,783,390.05
12/17/2015A. Winn OughtredDirectorSell137,600C$30.52C$4,199,249.28
12/7/2015A. Winn OughtredDirectorSell54,900C$31.30C$1,718,364.51
12/4/2015A. Winn OughtredDirectorSell269,700C$31.27C$8,433,788.70
11/18/2015Stephen A MacphailInsiderSell2,555C$31.67C$80,905.10
10/16/2015Stephen A MacphailInsiderSell49,733C$31.61C$1,572,040.24
10/5/2015Thomas Pinaud MuirDirectorBuy20,392C$31.03C$632,763.76
7/7/2015Lorraine P BlairDirectorSell1,500C$33.09C$49,635.45
5/14/2015William T HollandDirectorSell100,000C$35.84C$3,584,010.00
3/25/2015David C PauliInsiderSell4,900C$35.87C$175,763.00
3/13/2015Douglas J.R. JamiesonInsiderSell10,000C$35.02C$350,153.00
2/24/2015Mark D MacleodDirectorSell1,200C$35.37C$42,444.00
12/8/2014David C PauliInsiderSell5,000C$32.93C$164,650.00
11/14/2014Douglas J.R. JamiesonInsiderSell10,000C$34.09C$340,900.00
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for CI Financial Corp (TSE:CIX)
DateHeadline
News IconChart Watch for CI Financial Corp (TSX:CIX) - Benton Bulletin (TSE:CIX)
bentonbulletin.com - February 24 at 12:32 PM
marketwatch.com logoUnitholders of First Asset Canadian Convertible Debenture Fund and First Asset Canadian Dividend Opportunity Fund ... - MarketWatch (TSE:CIX)
www.marketwatch.com - February 23 at 4:16 PM
capitalcube.com logoCI Financial Corp. :CIX-CA: Earnings Analysis: 2016 By the Numbers : February 22, 2017 (TSE:CIX)
www.capitalcube.com - February 22 at 4:28 PM
finance.yahoo.com logoAssante partners with the McMichael in celebration of Canadian art (TSE:CIX)
finance.yahoo.com - February 22 at 12:07 PM
capitalcube.com logoCI Financial Corp. :CIX-CA: Earnings Analysis: Q4, 2016 By the Numbers : February 21, 2017 (TSE:CIX)
www.capitalcube.com - February 21 at 3:02 PM
finance.yahoo.com logoEdited Transcript of CIX.TO earnings conference call or presentation 16-Feb-17 9:00pm GMT (TSE:CIX)
finance.yahoo.com - February 17 at 5:53 PM
News IconEquity Watch: Checking on the Levels for CI Financial Corp (CIX.TO) - Rives Journal (TSE:CIX)
rivesjournal.com - February 16 at 4:24 PM
finance.yahoo.com logoSkylon Growth & Income Trust Announces Distribution For Month Ending February 2017 (TSE:CIX)
finance.yahoo.com - February 16 at 4:24 PM
biz.yahoo.com logoQ4 2016 CI Financial Corp Earnings Release - Before Market Open (TSE:CIX)
biz.yahoo.com - February 16 at 10:49 AM
capitalcube.com logoCI Financial Corp. breached its 50 day moving average in a Bullish Manner : CIX-CA : February 16, 2017 (TSE:CIX)
www.capitalcube.com - February 16 at 10:49 AM
finance.yahoo.com logoCI Financial reports fourth quarter and annual results: Assets under management increase 6% (TSE:CIX)
finance.yahoo.com - February 16 at 10:49 AM
newswire.ca logoFirst Asset Canadian Dividend Opportunity Fund II Announces Adjournment of Unitholder Meeting (TSE:CIX)
www.newswire.ca - February 13 at 10:01 PM
newswire.ca logoFirst Asset Canadian Convertible Debenture Fund Announces Adjournment of Unitholder Meeting (TSE:CIX)
www.newswire.ca - February 13 at 5:00 PM
News IconStock Survey: Checking Levels for CI Financial Corp (TSX:CIX) - Baxter Review (TSE:CIX)
baxternewsreview.com - February 11 at 2:39 AM
News IconInvestor Monitor: Narrowing in on CI Financial Corp (TSX:CIX) - Davidson Register (TSE:CIX)
davidsonregister.com - February 9 at 9:41 PM
News IconLooking at the Levels on Shares of CI Financial Corp (TSX:CIX) - Sherwood Daily (TSE:CIX)
sherwooddaily.com - February 7 at 5:24 PM
News IconWhere is This Stock Headed? A technical Look at CI Financial Corp (CIX.TO) - Rives Journal (TSE:CIX)
rivesjournal.com - February 6 at 9:24 PM
News IconWhat are the Levels Showing for Shares of CI Financial Corp (CIX.TO) - Rives Journal (TSE:CIX)
rivesjournal.com - February 4 at 2:35 AM
News IconStock Focus: Watching RSI Levels on Shares of CI Financial Corp (CIX.TO) - Rives Journal (TSE:CIX)
rivesjournal.com - February 2 at 9:36 PM
News IconCompany Focus: Zooming in on Shares of CI Financial Corp (TSX:CIX) - Gilbert Daily (TSE:CIX)
gilbertdaily.com - February 1 at 4:37 PM
News IconInvestor Chatter: Tracking Technical Indicators for CI Financial Corp (CIX.TO) - Rives Journal (TSE:CIX)
rivesjournal.com - February 1 at 4:37 PM
finance.yahoo.com logoCI Investments becomes signatory to UN Principles for Responsible Investing (TSE:CIX)
finance.yahoo.com - February 1 at 4:37 PM
News IconAverage Directional Index Review for CI Financial Corp (CIX.TO) - Rives Journal (TSE:CIX)
rivesjournal.com - January 31 at 9:49 PM
News IconFCF Score Review for CI Financial Corp (TSX:CIX) - Gilbert Daily (TSE:CIX)
gilbertdaily.com - January 30 at 5:11 PM
News IconCCI, MA, and RSI in Focus for CI Financial Corp (CIX.TO) - Sherwood Daily (TSE:CIX)
sherwooddaily.com - January 29 at 4:22 PM
finance.yahoo.com logoCI Financial announces earnings conference call and webcast (TSE:CIX)
finance.yahoo.com - January 27 at 5:41 PM
finance.yahoo.com logoCI Investments funds recognized as the best investment funds of 2016 (TSE:CIX)
finance.yahoo.com - January 26 at 10:23 PM
News IconThe CI Financial Corp (CIX) Given Consensus Rating of "Hold" by Brokerages (TSE:CIX)
myhealthbowl.com - January 26 at 5:20 PM
News IconInvestor Guide: Check on Technical Levels for CI Financial Corp (CIX.TO) - Rives Journal (TSE:CIX)
rivesjournal.com - January 26 at 5:20 PM
News IconTraders are Keeping Track of Technicals on Shares of CI Financial Corp (CIX.TO) - Rives Journal (TSE:CIX)
rivesjournal.com - January 25 at 5:26 PM
News IconFollowing FCF Scores for CI Financial Corp (TSX:CIX) - Gilbert Daily (TSE:CIX)
gilbertdaily.com - January 25 at 5:26 PM
capitalcube.com logoCI Financial Corp. breached its 50 day moving average in a Bullish Manner : CIX-CA : January 25, 2017 (TSE:CIX)
www.capitalcube.com - January 25 at 5:26 PM
forbes.com logoCash Dividend On The Way From CI Financial (TSE:CIX)
www.forbes.com - January 25 at 11:25 AM
newswire.ca logoPro Canadian golfer Brooke Henderson signs multiyear endorsement deal with Golf Town (TSE:CIX)
www.newswire.ca - January 24 at 9:53 PM
News IconEquity Focus: Indicator Check on Shares of CI Financial Corp (CIX.TO) - Rives Journal (TSE:CIX)
rivesjournal.com - January 24 at 9:53 PM
News IconShould income investors buy CI Financial Corp (TSX:CIX) before its ex-dividend date? - Simply Wall St (TSE:CIX)
simplywall.st - January 23 at 4:35 PM
News IconLooking at the Numbers for CI Financial Corp (TSX:CIX) - Gilbert Daily (TSE:CIX)
gilbertdaily.com - January 23 at 4:35 PM
News IconTrading Spotlight: Zooming in on Shares of CI Financial Corp (CIX.TO) - Rives Journal (TSE:CIX)
rivesjournal.com - January 23 at 4:35 PM
News IconMA Watch on Shares of CI Financial Corp (CIX.TO) - Rives Journal (TSE:CIX)
rivesjournal.com - January 21 at 3:31 AM
newswire.ca logoFirst Asset Closed-End Funds January 2017 Distributions (TSE:CIX)
www.newswire.ca - January 20 at 10:30 PM
News IconInvestor Lookout: Technical Indicator Watch for CI Financial Corp (CIX.TO) - Rives Journal (TSE:CIX)
rivesjournal.com - January 20 at 3:42 AM
News IconWilliams %R Check on Shares of CI Financial Corp (CIX.TO) - Rives Journal (TSE:CIX)
rivesjournal.com - January 18 at 4:36 PM
News IconADX, MA, and RSI in Focus for CI Financial Corp (CIX.TO) - Rives Journal (TSE:CIX)
rivesjournal.com - January 18 at 3:16 AM
News IconCCI Focus on Shares of CI Financial Corp (CIX.TO) - Rives Journal (TSE:CIX)
rivesjournal.com - January 16 at 9:22 PM
newswire.ca logoFirst Asset Closed-End Funds Confirm Distributions for Year-End 2016 (TSE:CIX)
www.newswire.ca - January 10 at 3:30 AM
finance.yahoo.com logoFirst Asset Closed-End Funds Confirm Distributions for Year-End 2016 - Yahoo Finance (TSE:CIX)
finance.yahoo.com - January 9 at 10:28 PM
News IconWhat You Must Know About CI Financial Corp’s (TSX:CIX) ROE? (TSE:CIX)
simplywall.st - January 6 at 4:42 PM
finance.yahoo.com logoSkylon Growth & Income Trust Announces Indicative Distribution For Next Twelve Months (TSE:CIX)
finance.yahoo.com - January 6 at 4:42 PM
publicnow.com logoYear-End Statement and Tax Receipt Mailing Schedule (TSE:CIX)
www.publicnow.com - January 5 at 4:45 PM
marketwatch.com logoTriax Diversified High-Yield Trust Announces Termination and Final Valuation (TSE:CIX)
www.marketwatch.com - January 3 at 11:04 PM

Social

What is CI Financial Corp's stock symbol?

CI Financial Corp trades on the Tornton Stock Exchange (TSX) under the ticker symbol "CIX."

How often does CI Financial Corp pay dividends? What is the dividend yield for CI Financial Corp?

CI Financial Corp announced a monthly dividend on Thursday, October 27th. Stockholders of record on Tuesday, November 15th will be paid a dividend of 0.115 per share on Tuesday, November 15th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 5.09%. The ex-dividend date is Thursday, October 27th.

Where is CI Financial Corp's stock going? Where will CI Financial Corp's stock price be in 2017?

9 brokerages have issued 1 year price targets for CI Financial Corp's shares. Their forecasts range from C$27.00 to C$32.00. On average, they anticipate CI Financial Corp's stock price to reach C$29.00 in the next year.

When will CI Financial Corp announce their earnings?

CI Financial Corp is scheduled to release their next quarterly earnings announcement on Wednesday, May, 3rd 2017.

How do I buy CI Financial Corp stock?

Shares of CI Financial Corp 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.

How much does a share of CI Financial Corp stock cost?

One share of CI Financial Corp stock can currently be purchased for approximately C$27.09.

CI Financial Corp (TSE:CIX) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for CI Financial Corp (TSE:CIX)

Earnings History Chart

Earnings by Quarter for CI Financial Corp (TSE:CIX)

Dividend History Chart

Dividend Payments by Quarter for CI Financial Corp (TSE:CIX)

Last Updated on 2/25/2017 by MarketBeat.com Staff