IGM Financial Company Profile (TSE:IGM)

About IGM Financial (TSE:IGM)

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, Mackenzie Investments, and Corporate and Other. The Investors Group 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. The Mackenzie Investments segment is engaged in the provision of investment management and related services offered through diversified investment solutions, distributed through multiple distribution channels. The Corporate and Other segment includes share of earnings of its affiliate, Great-West Lifeco Inc. (Lifeco) and operating results for Investment Planning Counsel Inc.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: C$9.77 billion
  • Outstanding Shares: 240,587,000
Average Prices:
  • 50 Day Moving Avg: C$39.87
  • 200 Day Moving Avg: C$40.06
  • 52 Week Range: C$34.58 - C$42.25
P/E:
  • Trailing P/E Ratio: 12.53
  • P/E Growth: 3.28
Sales & Book Value:
  • Annual Revenue: C$3.24 billion
  • Price / Sales: 3.02
  • Book Value: C$19.34 per share
  • Price / Book: 2.10
Dividend:
  • Dividend Yield: 5.5%
Profitability:
  • EBIDTA: C$1.23 billion
  • Net Margins: 23.54%
  • Return on Equity: 15.36%
  • Return on Assets: 4.53%
Misc:
  • Average Volume: 289,783 shs.
  • Short Ratio: 19.43
 

Frequently Asked Questions for IGM Financial (TSE:IGM)

What is IGM Financial's stock symbol?

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

When will IGM Financial make its next earnings announcement?

IGM Financial is scheduled to release their next quarterly earnings announcement on Thursday, August, 3rd 2017. View Earnings Estimates for IGM Financial.

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

9 equities research analysts have issued 12 month target prices for IGM Financial's stock. Their predictions range from C$39.00 to C$44.00. On average, they expect IGM Financial's stock price to reach C$41.00 in the next twelve months. View Analyst Ratings for IGM Financial.

Who are some of IGM Financial's key competitors?

Who are IGM Financial's key executives?

IGM Financial's management team includes the folowing people:

  • R. Jeffrey Orr, Independent Chairman of the Board
  • Jeffrey R. Carney, President, Chief Executive Officer, Director
  • Kevin E. Regan, Chief Financial Officer, Executive Vice President
  • Barry McInerney, President, Chief Executive Officer of Mackenzie Investments
  • Donald J. MacDonald, Senior Vice President, General Counsel, Secretary
  • Rhonda Goldberg, Senior Vice President - Client and Regulatory Affairs
  • Kathy Allan, Senior Vice-President - Human Resources of Mackenzie Financial Corporation and Investors Group Inc.
  • Todd Asman, Executive Vice-President - Product and Financial Planning of Investors Group Inc
  • Renata Dennis, Senior Vice President - Distribution Services, Investors Group Inc.
  • Tony H. Elavia, Executive Vice-President, Chief Investment Officer of Mackenzie Financial

How do I buy IGM Financial stock?

Shares of IGM Financial 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 Financial stock can currently be purchased for approximately C$40.62.


MarketBeat Community Rating for IGM Financial (TSE IGM)
Community Ranking:  1.0 out of 5 ()
Outperform Votes:  90 (Vote Outperform)
Underperform Votes:  351 (Vote Underperform)
Total Votes:  441
MarketBeat's community ratings are surveys of what our community members think about IGM Financial and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for IGM Financial (TSE:IGM) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 7 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: C$41.00

Analysts' Ratings History for IGM Financial (TSE:IGM)
Show:
DateFirmActionRatingPrice TargetDetails
5/15/2017CIBCReiterated RatingNeutralC$44.00View Rating Details
4/26/2017DesjardinsUpgradeHold -> BuyView Rating Details
2/13/2017ScotiabankBoost Price TargetSector PerformC$39.00 -> C$41.00View Rating Details
2/13/2017TD SecuritiesBoost Price TargetHoldC$42.00 -> C$44.00View Rating Details
2/13/2017Royal Bank Of CanadaBoost Price TargetC$41.00 -> C$42.00View Rating Details
1/19/2017Barclays PLCBoost Price TargetUnderweightC$37.00 -> C$39.00View Rating Details
1/6/2017Canaccord GenuityBoost Price TargetHoldC$39.00 -> C$39.50View Rating Details
8/5/2016GMP SecuritiesDowngradeBuy -> HoldC$42.25 -> C$39.50View Rating Details
8/5/2016BMO Capital MarketsBoost Price TargetMarket PerformC$37.00 -> C$39.00View Rating Details
4/11/2016National Bank FinancialBoost Price TargetC$35.00 -> C$36.00View Rating Details
2/17/2016Bank of America CorporationLower Price TargetC$44.00 -> C$43.00View Rating Details
(Data available from 6/28/2015 forward)

Earnings

Earnings History for IGM Financial (TSE:IGM)
Earnings by Quarter for IGM Financial (TSE:IGM)
Earnings History by Quarter for IGM Financial (TSE IGM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/3/2017        
8/7/2014$0.83$0.81$745.47 million$720.23 millionViewN/AView Earnings Details
5/9/2014$0.80$0.77$709.14 million$714.85 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for IGM Financial (TSE:IGM)
2017 EPS Consensus Estimate: $3.17
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.73$0.78$0.76
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 by Quarter for IGM Financial (TSE IGM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/8/2015Quarterly$0.475.35%6/26/20156/30/20157/31/2015
2/13/2015Quarterly$0.454.91%3/27/20153/31/20154/30/2015
12/29/2014Quarterly$0.565.15%12/29/20141/30/20151/30/2015
8/7/2014$0.499/26/20149/30/201410/31/2014
5/9/2014$0.496/26/20146/30/20147/31/2014
2/14/2014$0.493/27/20143/31/20144/30/2014
11/7/2013$0.5112/27/201312/31/20131/31/2014
11/7/2013quarterly$0.5412/31/20131/31/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for IGM Financial (TSE:IGM)
Insider Trades by Quarter for IGM Financial (TSE:IGM)
Insider Trades by Quarter 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

Headline Trends for IGM Financial (TSE:IGM)
Latest Headlines for IGM Financial (TSE:IGM)
Source:
DateHeadline
nasdaq.com logoIGM Financial Named Top 25 Dividend Stock With 5.49% Yield (IGM)
www.nasdaq.com - June 27 at 6:03 PM
americanbankingnews.com logoIGM Financial Inc. (IGM) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - June 20 at 10:50 PM
theglobeandmail.com logoA value manager’s top dividend growth picks
www.theglobeandmail.com - June 20 at 6:44 PM
finance.yahoo.com logoIGM Financial, Inc. breached its 50 day moving average in a Bearish Manner : IGM-CA : June 16, 2017
finance.yahoo.com - June 16 at 6:44 PM
finance.yahoo.com logoMackenzie Investments Announces Distributions for its Maximum Diversification Exchange Traded Funds (MKC, MUS, MEU, MWD, MXU, MEE)
finance.yahoo.com - June 14 at 11:28 AM
finance.yahoo.com logoMackenzie announces change to Mackenzie Maximum Diversification US Index ETF
finance.yahoo.com - June 12 at 6:29 PM
finanznachrichten.de logoIGM FINANCIAL INC
www.finanznachrichten.de - June 10 at 5:49 PM
benzinga.com logoIGM Financial Inc. Among the 10 Best Corporate Citizens in Canada - Benzinga
www.benzinga.com - June 9 at 11:16 PM
finance.yahoo.com logoIGM Financial Inc. Among the 10 Best Corporate Citizens in Canada
finance.yahoo.com - June 9 at 6:15 PM
fool.ca logoIGM Financial Inc.: The Value Trap Continues
www.fool.ca - June 8 at 6:49 PM
finance.yahoo.com logoIGM Financial, Inc. breached its 50 day moving average in a Bullish Manner : IGM-CA : June 5, 2017
finance.yahoo.com - June 5 at 10:21 AM
finance.yahoo.com logoIGM Financial Inc. to Release Second Quarter 2017 Results
finance.yahoo.com - June 5 at 10:21 AM
reuters.com logoBRIEF-IGM Financial Inc announces May 2017 investment fund sales and total assets under management
www.reuters.com - June 3 at 8:50 AM
reuters.com logoBRIEF-IGM Financial Inc announces May 2017 investment fund sales and total assets under management - Reuters
www.reuters.com - June 2 at 7:17 PM
feeds.benzinga.com logoIGM Financial Inc. Announces May 2017 Investment Fund Sales and Total Assets Under Management
feeds.benzinga.com - June 2 at 4:16 PM
seekingalpha.com logoIGM Financial: Cheap For A Reason - Seeking Alpha
seekingalpha.com - May 31 at 8:29 AM
americanbankingnews.com logoIGM Financial's (IGM) "Neutral" Rating Reaffirmed at CIBC
www.americanbankingnews.com - May 29 at 4:42 PM
americanbankingnews.com logoIGM Financial Inc. (IGM) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - May 26 at 10:41 PM
fool.ca logoWhich Financial Stock Is the Best Investment: CI Financial Corp. or IGM Financial Inc.?
www.fool.ca - May 26 at 6:34 PM
finance.yahoo.com logoMackenzie Investments Announces Distributions for its Active Exchange Traded Funds (MKB, MUB, MFT, MGB, MHYB)
finance.yahoo.com - May 25 at 9:11 PM
finance.yahoo.com logoInvestors Group supports clients and communities affected by flood
finance.yahoo.com - May 19 at 10:25 AM
theglobeandmail.com logoRobo-adviser Wealthsimple gets $50-million boost from Power Financial
www.theglobeandmail.com - May 11 at 6:28 PM
seekingalpha.com logoIGM Financial's (IGIFF) CEO Jeff Carney on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 9 at 12:29 PM
americanbankingnews.com logoIGM Financial Inc. (IGM) Rating Reiterated by CIBC
www.americanbankingnews.com - May 8 at 4:48 PM
finance.yahoo.com logoEdited Transcript of IGM.TO earnings conference call or presentation 5-May-17 7:30pm GMT
finance.yahoo.com - May 7 at 9:50 AM
finance.yahoo.com logoIGM Financial Inc. Reports First Quarter Earnings
finance.yahoo.com - May 5 at 5:52 PM
finance.yahoo.com logoIGM Financial Inc. Announces Election of Directors
finance.yahoo.com - May 5 at 5:52 PM
finance.yahoo.com logoIGM Financial CEO Carney Highlights Strengths and Strategy with Shareholders at Annual Meeting
finance.yahoo.com - May 5 at 5:52 PM
finance.yahoo.com logoIGM Financial Inc. Elevates Rhonda Goldberg to Lead Client and Regulatory Affairs - Yahoo Finance
finance.yahoo.com - May 5 at 4:04 AM
reuters.com logoBRIEF-IGM Financial announces April 2017 investment fund sales, total assets under management
www.reuters.com - May 4 at 2:14 AM
finance.yahoo.com logoIGM Financial Inc. Elevates Rhonda Goldberg to Lead Client and Regulatory Affairs
finance.yahoo.com - May 4 at 2:14 AM
americanbankingnews.com logoIGM Financial Inc. (IGM) Scheduled to Post Quarterly Earnings on Friday
www.americanbankingnews.com - May 3 at 9:10 AM
americanbankingnews.com logoIGM Financial Inc. (IGM) PT Raised to C$44.00
www.americanbankingnews.com - May 3 at 1:00 AM
finance.yahoo.com logoIGM Financial Inc. Announces April 2017 Investment Fund Sales and Total Assets Under Management
finance.yahoo.com - May 2 at 4:19 PM
americanbankingnews.com logoFY2017 EPS Estimates for IGM Financial Inc. (IGM) Raised by Analyst
www.americanbankingnews.com - April 28 at 3:42 PM
fool.ca logoAnother Reason to Avoid IGM Financial Inc.
www.fool.ca - April 27 at 6:26 PM
americanbankingnews.com logoIGM Financial Inc. (IGM) Lifted to Buy at Desjardins
www.americanbankingnews.com - April 27 at 7:33 AM
americanbankingnews.com logoIGM Financial Inc. (IGM) Expected to Post Q1 2017 Earnings of $0.78 Per Share
www.americanbankingnews.com - April 27 at 7:27 AM
fool.ca logoInvestor Beware: 1 “Cheap” Stock That Could Be a Value Trap
www.fool.ca - April 26 at 7:29 PM
finance.yahoo.com logoMackenzie Investments announces new investment solutions aimed at helping investors meet their income needs
finance.yahoo.com - April 26 at 7:29 PM
finance.yahoo.com logoIGM Financial, Inc. breached its 50 day moving average in a Bullish Manner : IGM-CA : April 25, 2017
finance.yahoo.com - April 25 at 10:45 AM
americanbankingnews.com logoRoyal Bank of Canada Lowers IGM Financial Inc. (IGM) to Sector Perform
www.americanbankingnews.com - April 24 at 8:23 PM
businesswire.com logoMackenzie Investments to Launch Active ETF on NEO
www.businesswire.com - April 20 at 5:57 PM
marketwatch.com logoPrime Dividend Corp.: Monthly Dividend Declaration for Class A & Preferred Share
www.marketwatch.com - April 19 at 11:28 AM
finance.yahoo.com logoIGM Financial Inc. Announces March 2017 Investment Fund Sales and Total Assets Under Management
finance.yahoo.com - April 7 at 10:24 AM
finance.yahoo.com logoIn honour of Canada 150 Mackenzie Investments announces major sponsorship of True Patriot Love Expedition
finance.yahoo.com - April 7 at 10:24 AM
americanbankingnews.com logoIGM Financial Inc. (IGM) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - April 4 at 8:39 PM
finance.yahoo.com logoMackenzie Investments announces risk rating change for Mackenzie Core Plus Global Fixed Income ETF
finance.yahoo.com - April 3 at 4:05 PM
marketwatch.com logoDividend Growth Split Corp. Announces Overnight Offering
www.marketwatch.com - March 27 at 5:28 PM
finance.yahoo.com logoInvestors Group reconsiders mutual fund changes to consider 2017 Federal Budget
finance.yahoo.com - March 24 at 5:55 PM

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Chart

IGM Financial (IGM) Chart for Wednesday, June, 28, 2017

This page was last updated on 6/28/2017 by MarketBeat.com Staff