TSE:IGM - IGM Financial Stock Price, News, & Analysis

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C$33.72 -0.48 (-1.40 %)

(As of 03/22/2019 04:00 PM ET)

Previous CloseC$33.72

Today's RangeC$33.66 - C$34.31

52-Week RangeC$29.84 - C$39.96

Volume245,100 shs

Average Volume234,938 shs

Market CapitalizationC$8.12 billion

P/E Ratio10.60

Dividend Yield6.58%

BetaN/A

IGM Financial Inc., a financial services company, manages and distributes investment funds and other managed asset products in Canada. The company operates through Investors Group, Mackenzie Investments, and Corporate and Other segments. The company also offers financial planning services, including investment, tax, retirement, education, risk management, and estate planning; strategic investment planning tools; mutual funds; iProfile, a portfolio management program; and separately managed accounts and fee-based brokerage accounts. In addition, it provides segregated funds; term, universal life, whole life, disability, critical illness, long-term care, and personal health care coverage and group insurance products; securities services; and residential mortgages. Further, the company offers banking products, such as investment loans, lines of credit, personal loans, creditor insurance, deposit accounts, and credit cards; cash management solutions; guaranteed investment certificates; private wealth solutions; and investment management, advisory, and related services. It offers its products and services through a network of consultants, as well as retail, strategic alliance, and institutional distribution channels. The company was founded in 1894 and is headquartered in Winnipeg, Canada. IGM Financial Inc. is a subsidiary of Power Financial Corporation.

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Industry, Sector and Symbol

Stock Exchange TSE

Industry Asset Management

Sub-IndustryN/A

SectorFinancial Services

Current SymbolTSE:IGM

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.igmfinancial.com

Phone+1-204-9430361

Debt

Debt-to-Equity Ratio40.36

Current Ratio3.93

Quick Ratio0.45

Price-To-Earnings

Trailing P/E Ratio10.60

Forward P/E Ratio9.77

P/E Growth1.04

Sales & Book Value

Annual SalesC$3.41 billion

Price / Sales2.38

Cash FlowC$3.05 per share

Price / Cash Flow11.07

Book ValueC$18.48 per share

Price / Book1.82

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding Shares240,835,000

Market CapC$8.12 billion

Next Earnings Date5/3/2019 (Confirmed)

OptionableOptionable

IGM Financial (TSE:IGM) Frequently Asked Questions

What is IGM Financial's stock symbol?

IGM Financial trades on the Toronto Stock Exchange (TSX) under the ticker symbol "IGM."

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

IGM Financial declared a quarterly dividend on Friday, February 8th. Shareholders of record on Friday, March 29th will be paid a dividend of 0.563 per share on Tuesday, April 30th. This represents a $2.25 dividend on an annualized basis and a yield of 6.68%. The ex-dividend date is Thursday, March 28th. This is a boost from IGM Financial's previous quarterly dividend of $0.56. View IGM Financial's Dividend History.

How were IGM Financial's earnings last quarter?

IGM Financial Inc. (TSE:IGM) announced its quarterly earnings data on Friday, February, 8th. The financial services provider reported $0.75 EPS for the quarter, missing the consensus estimate of $0.77 by $0.02. The financial services provider earned $791.47 million during the quarter. View IGM Financial's Earnings History.

When is IGM Financial's next earnings date?

IGM Financial is scheduled to release their next quarterly earnings announcement on Friday, May 3rd 2019. View Earnings Estimates for IGM Financial.

What price target have analysts set for IGM?

7 equities research analysts have issued 1 year target prices for IGM Financial's stock. Their predictions range from C$31.00 to C$47.00. On average, they expect IGM Financial's share price to reach C$38.13 in the next twelve months. This suggests a possible upside of 13.1% from the stock's current price. View Analyst Price Targets for IGM Financial.

What is the consensus analysts' recommendation for IGM Financial?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IGM Financial in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for IGM Financial.

Has IGM Financial been receiving favorable news coverage?

Headlines about IGM stock have been trending somewhat negative this week, InfoTrie reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. IGM Financial earned a coverage optimism score of -1.4 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days.

Who are some of IGM Financial's key competitors?

Some companies that are related to IGM Financial include Hargreaves Lansdown (HL), ONEX (ONEX), Australian Foundation Investment Co.Ltd. (AFI), JANUS/IDR UNRESTR (JHG), Magellan Financial Group (MFG), DWS Group & GmbH Co KgaA (DWS), SCHRODERS/PAR VTG FPD 1 (SDR), Old Mutual (OMU), Argo Investments (ARG), TMX Group (X), Challenger (CGF), CI Financial (CIX), Grenke (GLJ), Milton (MLT) and Intermediate Capital Group (ICP).

What other stocks do shareholders of IGM Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other IGM Financial investors own include Royal Bank of Canada (RY), Canadian National Railway (CNR), Toronto-Dominion Bank (TD), Johnson & Johnson (JNJ), Bank of America (BAC), Wells Fargo & Co (WFC), Manulife Financial (MFC), Bank of Nova Scotia (BNS), Crescent Point Energy (CPG) and Toronto-Dominion Bank (TD).

Who are IGM Financial's key executives?

IGM Financial's management team includes the folowing people:

Mr. Jeffrey Robert Carney, Pres, CEO & Director (Age 57)
Mr. Barry Sean McInerney, Pres & CEO of Mackenzie Investments
Mr. Tony H. Elavia Ph.D., Exec. VP & Chief Investment Officer of Mackenzie Investments (Age 63)
Mr. Luke Gould, Exec. VP of Fin. & CFO
Mr. Michael Dibden, Chief Operating Officer

How do I buy shares of IGM Financial?

Shares of IGM 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 IGM Financial's stock price today?

One share of IGM stock can currently be purchased for approximately C$33.72.

How big of a company is IGM Financial?

IGM Financial has a market capitalization of C$8.12 billion and generates C$3.41 billion in revenue each year.

What is IGM Financial's official website?

The official website for IGM Financial is http://www.igmfinancial.com/.

How can I contact IGM Financial?

IGM Financial's mailing address is 447 Portage Avenue, WINNIPEG, MB R3C 3B6, Canada. The financial services provider can be reached via phone at +1-204-9430361.

MarketBeat Community Rating for IGM Financial (TSE IGM)

Community Ranking:		1.5 out of 5 ( )
Outperform Votes:		234 (Vote Outperform)
Underperform Votes:		542 (Vote Underperform)
Total Votes:		776

MarketBeat's community ratings are surveys of what our community members think about IGM Financial and other stocks. Vote "Outperform" if you believe IGM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IGM will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 3/23/2019 by MarketBeat.com Staff