IGM Financial Company Profile (TSE:IGM)

About IGM Financial

IGM Financial logoIGM Financial Inc. is a Canada-based financial services company. The Company's principal businesses are Investors Group Inc. and Mackenzie Financial Corporation, which operate within the advice segment of the financial services market. It operates in three segments: Investors Group, which provides a range of financial and investment planning services through its network of Consultants across the country, and its products and services include Personal Financial Planner, Symphony Strategic Investment Planning Program and Mutual Funds; Mackenzie Investments, which is engaged in the provision of investment management and related services offered through diversified investment solutions, distributed through multiple distribution channels, and Corporate and Other segment includes net investment income, share of earnings of its affiliate, Great-West Lifeco Inc. (Lifeco), operating results for Investment Planning Counsel Inc., other income, as well as consolidation elimination entries.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: TSE
  • Symbol: IGM
  • CUSIP:
Key Metrics:
  • Previous Close: $36.57
  • 50 Day Moving Average: $36.31
  • 200 Day Moving Average: $36.80
  • Trailing P/E Ratio: 12.61
  • P/E Growth: 4.60
  • Market Cap: $8.85B
  • Outstanding Shares: 240,489,000
Additional Links:

Analyst Ratings

Consensus Ratings for IGM Financial (TSE:IGM) (?)
Ratings Breakdown: 1 Sell Rating, 8 Hold Ratings
Consensus Rating:Hold (Score: 1.89)
Consensus Price Target: C$38.66

Analysts' Ratings History for IGM Financial (TSE:IGM)
Show:
DateFirmActionRatingPrice TargetDetails
8/5/2016TD SecuritiesReiterated RatingHoldC$39.00View Rating Details
8/5/2016ScotiabankReiterated RatingSector PerformC$39.00View Rating Details
8/5/2016GMP SecuritiesDowngradeBuy -> HoldC$42.25 -> C$39.50View Rating Details
8/5/2016Canaccord GenuityBoost Price TargetHoldC$35.50 -> C$35.75View Rating Details
8/5/2016BMO Capital MarketsBoost Price TargetMarket PerformC$37.00 -> C$39.00View Rating Details
8/5/2016Barclays PLCBoost Price TargetUnderweightC$35.00 -> C$36.00View Rating Details
5/9/2016DesjardinsLower Price TargetHoldC$39.00 -> C$38.00View Rating Details
5/9/2016Royal Bank Of CanadaLower Price TargetSector PerformC$41.00 -> C$39.00View Rating Details
4/28/2016CIBCBoost Price TargetC$37.50 -> C$41.00View Rating Details
4/11/2016National Bank FinancialBoost Price TargetC$35.00 -> C$36.00View Rating Details
2/17/2016Bank of America Corp.Lower Price TargetC$44.00 -> C$43.00View Rating Details
(Data available from 8/24/2014 forward)

Earnings

Earnings History for IGM Financial (TSE:IGM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/3/2016        
8/8/2014$0.83$0.81ViewN/AView Earnings Details
5/12/2014$0.80$0.77ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for IGM Financial (TSE:IGM)
Current Year EPS Consensus Estimate: $2.29 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.66$0.72$0.70
Q2 20163$0.70$0.71$0.71
Q3 20164$0.75$0.80$0.77
Q4 20163$0.76$0.78$0.77
Q1 20171$0.73$0.73$0.73
Q2 20171$0.77$0.77$0.77
Q3 20172$0.81$0.84$0.83
Q4 20171$0.82$0.82$0.82
(Data provided by Zacks Investment Research)

Dividends

Dividend History for IGM Financial (TSE:IGM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/8/2015QuarterlyC$0.475.35%6/26/20156/30/20157/31/2015
2/13/2015QuarterlyC$0.454.91%3/27/20153/31/20154/30/2015
12/29/2014QuarterlyC$0.565.15%12/29/20141/30/20151/30/2015
8/7/2014C$0.499/26/20149/30/201410/31/2014
5/9/2014C$0.496/26/20146/30/20147/31/2014
2/14/2014C$0.493/27/20143/31/20144/30/2014
11/7/2013C$0.5112/27/201312/31/20131/31/2014
11/7/2013quarterlyC$0.5412/31/20131/31/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for IGM Financial (TSE:IGM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/21/2015Olivier DesmaraisDirectorBuy2,838C$35.22C$99,954.36
9/30/2015Claude GénéreuxDirectorBuy3,000C$33.80C$101,400.00
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for IGM Financial (TSE:IGM)
DateHeadline
nasdaq.com logoMid-Day ETF Update: ETFs, Stocks Struggle to Maintain Gains as Street Mulls Fed Meeting Minutes - Nasdaq (TSE:IGM)
www.nasdaq.com - August 18 at 5:37 PM
finance.yahoo.com logoPrime Dividend Corp. Monthly Dividend Declaration for Class A & Preferred Share (TSE:IGM)
ca.finance.yahoo.com - August 17 at 5:48 PM
News IconQuadrus introduces family of low-volatility equity mutual funds (TSE:IGM)
www.investmentexecutive.com - August 13 at 5:25 PM
nasdaq.com logoETF Preview: ETFs, Futures Struggle to Push Higher, Crude Oil Prices Fall as IEA Cuts Global Demand Outlook (TSE:IGM)
www.nasdaq.com - August 11 at 8:37 AM
reuters.com logoBRIEF-IGM Financial reports Q2 earnings per share c$0.72 - Reuters (TSE:IGM)
www.reuters.com - August 5 at 8:33 AM
News IconIGM Financial Inc. Reports Second Quarter Earnings - Digital Journal (TSE:IGM)
www.digitaljournal.com - August 5 at 8:33 AM
finance.yahoo.com logoEdited Transcript of IGM.TO earnings conference call or presentation 4-Aug-16 6:00pm GMT (TSE:IGM)
finance.yahoo.com - August 5 at 8:33 AM
finance.yahoo.com logoIGM Financial Inc. Reports Second Quarter Earnings (TSE:IGM)
finance.yahoo.com - August 4 at 5:53 PM
biz.yahoo.com logoQ2 2016 IGM Financial Inc Earnings Release - Time Not Supplied (TSE:IGM)
biz.yahoo.com - August 4 at 8:37 AM
news.sys-con.com logoIGM Financial Inc. Announces July 2016 Mutual Fund Sales and Total Assets Under Management - SYS-CON Media (press release) (TSE:IGM)
news.sys-con.com - August 3 at 5:55 PM
finance.yahoo.com logoIGM Financial Inc. Announces July 2016 Mutual Fund Sales and Total Assets Under Management (TSE:IGM)
finance.yahoo.com - August 3 at 5:55 PM
prnewswire.com logoBiotechnology Stocks on Investors' Radar -- Minerva Neurosciences ... - PR Newswire (press release) (TSE:IGM)
www.prnewswire.com - August 2 at 5:50 PM
baystreet.ca logoIs IGM Financial's 6.2% Dividend Safe? - Baystreet.ca (TSE:IGM)
www.baystreet.ca - August 2 at 5:50 PM
finance.yahoo.com logoInvestors Group's Maestro Portfolios™ mark their first anniversary with over $2 billion in assets (TSE:IGM)
finance.yahoo.com - July 26 at 10:30 AM
nasdaq.com logoChembio Diagnostics Announces Preliminary Second Quarter 2016 Results - Nasdaq (TSE:IGM)
www.nasdaq.com - July 25 at 10:10 AM
finance.yahoo.com logoMackenzie Investments Announces Distributions for its Exchange Traded Funds (MKB, MUB, MFT, MGB) (TSE:IGM)
finance.yahoo.com - July 25 at 9:00 AM
benzinga.com logoIGM Financial Inc. Added to FTSE4Good Index Series - Benzinga (TSE:IGM)
www.benzinga.com - July 22 at 5:32 PM
benzinga.com logoIGM Financial Inc. Added to FTSE4Good Index Series - Benzinga (TSE:IGM)
www.benzinga.com - July 22 at 5:32 PM
finance.yahoo.com logoIGM Financial Inc. Added to FTSE4Good Index Series (TSE:IGM)
finance.yahoo.com - July 22 at 11:53 AM
News IconIGM Financial Inc.'s Stock Is Sell After Today's Huge Decline - Consumer Eagle (TSE:IGM)
www.consumereagle.com - July 22 at 8:33 AM
News IconWhat Will Happen to Power Financial Corp Next? The Stock Just Declined A Lot - Consumer Eagle (TSE:IGM)
www.consumereagle.com - July 21 at 11:38 AM
news.sys-con.com logoPrime Dividend Corp.: Monthly Dividend Declaration for Class A Share and Preferred Share - SYS-CON Media (press release) (TSE:IGM)
news.sys-con.com - July 20 at 3:35 PM
nasdaq.com logoMid-Day ETF Update: ETFs, Stocks Maintain Sharp Gains on Upbeat Microsoft, Morgan Stanley Earnings - Nasdaq (TSE:IGM)
www.nasdaq.com - July 20 at 3:35 PM
News IconIGM Financial Inc.'s Trend Up, Especially After Today's Strong Session - Consumer Eagle (TSE:IGM)
www.consumereagle.com - July 20 at 8:35 AM
nasdaq.com logoETF Preview: ETFs, Futures Edge Lower as Lackluster Earnings from Netflix, Yahoo Overshadow Housing Data - Nasdaq (TSE:IGM)
www.nasdaq.com - July 19 at 11:42 AM
fool.ca logoCan You Count on These Great Dividends? (TSE:IGM)
www.fool.ca - July 15 at 4:39 PM
finance.yahoo.com logoCounsel Portfolio Services Appoints Lincluden Investment Management Ltd. as Sub-advisor for Counsel Canadian Dividend (TSE:IGM)
finance.yahoo.com - July 12 at 2:00 PM
nasdaq.com logoETF Preview: ETFs, Futures To Open Higher as Upbeat Alcoa Earnings Buoy Sentiment - Nasdaq (TSE:IGM)
www.nasdaq.com - July 12 at 9:58 AM
News IconWere Analysts Bullish IGM Financial Inc. (TSE:IGM) This Week? - Engelwood Daily (TSE:IGM)
www.engelwooddaily.com - July 11 at 10:16 AM
fiscalstandard.com logoBroker Outlook For Igm Financial Inc (IGIFF) - Fiscal Standard (TSE:IGM)
www.fiscalstandard.com - July 7 at 8:28 AM
nasdaq.com logoIGM Financial Named Top 25 Dividend Stock With 6.38% Yield (IGM) - Nasdaq (TSE:IGM)
www.nasdaq.com - July 6 at 10:15 AM
finance.yahoo.com logoIGM Financial Inc. Announces June 2016 Mutual Fund Sales and Total Assets Under Management (TSE:IGM)
finance.yahoo.com - July 5 at 4:12 PM
finance.yahoo.com logoMackenzie Investments announces changes to select Quadrus Group of Funds (TSE:IGM)
finance.yahoo.com - July 5 at 10:35 AM
nasdaq.com logoIGM Financial Named Top 25 Dividend Stock With 6.38% Yield (IGM) (TSE:IGM)
www.nasdaq.com - July 5 at 10:10 AM
finance.yahoo.com logoMackenzie Investments announces Growth fund changes (TSE:IGM)
finance.yahoo.com - July 5 at 9:08 AM
News IconPower Financial Corp Stock Price Gaps Up Today; Buyers Are Thriving - Engelwood Daily (TSE:IGM)
www.engelwooddaily.com - July 4 at 5:08 PM
News IconAre Analysts Bearish IGM Financial Inc. (TSE:IGM) After Last Week? - Press Telegraph (TSE:IGM)
presstelegraph.com - July 4 at 10:29 AM
ftsenews.co.uk logoNew Broker Ratings For Igm Financial Inc (IGIFF) - FTSE News (TSE:IGM)
www.ftsenews.co.uk - June 30 at 8:28 AM
marketwatch.com logoMackenzie Investments Opens the Market (TSE:IGM)
www.marketwatch.com - June 29 at 5:32 PM
4-traders.com logoIGM FINANCIAL INC. : ex-dividend day (TSE:IGM)
www.4-traders.com - June 28 at 10:28 AM
4-traders.com logoIGM Financial : Together Mackenzie Investments and Paris-based TOBAM are redefining diversification through innovative new suite of mutual funds (TSE:IGM)
www.4-traders.com - June 27 at 5:33 PM
News IconRoots in agricultural sector keep Prairies strong (TSE:IGM)
www.canadianlawyermag.com - June 27 at 9:56 AM
4-traders.com logoIGM Financial : Mackenzie Investments launches two global mutual funds that aim to offer a smoother ride for investors (TSE:IGM)
www.4-traders.com - June 27 at 9:56 AM
finance.yahoo.com logoTogether Mackenzie Investments and Paris-based TOBAM are redefining diversification through innovative new suite of mutual funds (TSE:IGM)
finance.yahoo.com - June 27 at 8:30 AM
finance.yahoo.com logoMackenzie Investments launches two global mutual funds that aim to offer a smoother ride for investors (TSE:IGM)
finance.yahoo.com - June 27 at 8:30 AM
breakingfinancenews.com logoPower Financial Corporation (TSE:PWF) stock price target bumped down to $36, reported today by BMO Capital Markets (TSE:IGM)
breakingfinancenews.com - June 25 at 5:17 PM
capitalcube.com logoETF’s with exposure to IGM Financial, Inc. : June 23, 2016 (TSE:IGM)
www.capitalcube.com - June 23 at 1:42 PM
finance.yahoo.com logoMackenzie Investments Announces Portfolio Management Changes (TSE:IGM)
finance.yahoo.com - June 21 at 3:30 PM
streetinsider.com logoPrime Dividend Corp.: Monthly Dividend Declaration for Class A Share and Preferred Share (TSE:IGM)
www.streetinsider.com - June 21 at 10:09 AM
4-traders.com logoIGM Financial : Mackenzie Investments partners with Paris-based asset management firm TOBAM to launch innovative Smart Beta ETFs (TSE:IGM)
www.4-traders.com - June 21 at 10:09 AM

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IGM Financial (TSE:IGM) Chart for Wednesday, August, 24, 2016


Last Updated on 8/24/2016 by MarketBeat.com Staff