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: $36.89
  • 50 Day Moving Average: $36.63
  • 200 Day Moving Average: $37.07
  • 52-Week Range: C$240,489,000.00 - C$31.47
  • Trailing P/E Ratio: 12.64
  • P/E Growth: 0.00
  • Market Cap: $8.87B
  • 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$38.64

Analysts' Ratings History for IGM Financial (TSE:IGM)
Show:
DateFirmActionRatingPrice TargetDetails
9/20/2016Canaccord GenuityLower Price TargetHoldC$35.75 -> C$35.50View Rating Details
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
8/5/2016BMO 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 9/25/2014 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: $2.26 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
theglobeandmail.com logoStreetwise and Executive Insight Newsletter - The Globe and Mail - The Globe and Mail (TSE:IGM)
www.theglobeandmail.com - September 22 at 3:37 PM
finance.yahoo.com logoMackenzie Investments refines product line-up to enhance shelf navigation (TSE:IGM)
finance.yahoo.com - September 22 at 3:37 PM
theglobeandmail.com logoPower Financial hires Adam Felesky for fintech push - The Globe and Mail (TSE:IGM)
www.theglobeandmail.com - September 22 at 8:45 AM
finance.yahoo.com logoDeferred Sales Charge Purchase Option to Be Discontinued - Yahoo Finance (TSE:IGM)
finance.yahoo.com - September 21 at 3:49 PM
fool.ca logo3 Reasons to Reconsider IGM Financial Inc. (TSE:IGM)
www.fool.ca - September 21 at 9:47 AM
finance.yahoo.com logoMackenzie Investments Announces Distributions for its Maximum Diversification Exchange Traded Funds (MKC, MUS) (TSE:IGM)
finance.yahoo.com - September 20 at 10:44 AM
News IconHow Analysts Rated Power Financial Corp (TSE:PWF) Last Week? - Post News (TSE:IGM)
www.kentuckypostnews.com - September 19 at 5:39 PM
news.sys-con.com logoDeferred Sales Charge Purchase Option to Be Discontinued | news ... - SYS-CON Media (press release) (TSE:IGM)
news.sys-con.com - September 19 at 5:39 PM
4-traders.com logoIGM Financial : Deferred sales charge purchase option to be discontinued (TSE:IGM)
www.4-traders.com - September 19 at 10:07 AM
finance.yahoo.com logoDividend Growth Split Corp. Completes Treasury Offering (TSE:IGM)
ca.finance.yahoo.com - September 16 at 5:27 PM
fool.ca logoTFSA Investors: These Under-the-Radar Dividend Stocks Pay More Than 5% (TSE:IGM)
www.fool.ca - September 16 at 5:27 PM
News IconCounsel Portfolio Services Streamlines Series Offering and Reduces Fees for Investors - Montreal Gazette (TSE:IGM)
www.montrealgazette.com - September 15 at 8:44 AM
News IconIGM Financial Inc. Stock Price Declines Today - Chester News (TSE:IGM)
www.chesterindependent.com - September 15 at 8:44 AM
finance.yahoo.com logoCounsel Portfolio Services Streamlines Series Offering and Reduces Fees for Investors (TSE:IGM)
finance.yahoo.com - September 14 at 5:41 PM
publicnow.com logoIGM Financial Inc. to Release Third Quarter 2016 Results (TSE:IGM)
www.publicnow.com - September 13 at 10:23 AM
capitalcube.com logoIGM Financial, Inc. breached its 50 day moving average in a Bearish Manner : IGM-CA : September 13, 2016 (TSE:IGM)
www.capitalcube.com - September 13 at 10:23 AM
finance.yahoo.com logoMedia Advisory: IGM Financial Inc. to Release Third Quarter 2016 Results (TSE:IGM)
finance.yahoo.com - September 12 at 5:26 PM
4-traders.com logoIGM Financial Inc. : Live Webcast From Scotiabank Financials Summit 2016 (TSE:IGM)
www.4-traders.com - September 10 at 5:06 PM
benzinga.com logoDividend Growth Split Corp. Announces Pricing & Sizing of Treasury ... - Benzinga (TSE:IGM)
www.benzinga.com - September 10 at 9:59 AM
marketwired.com logoIGM Financial Inc. Live Webcast From Scotiabank Financials Summit 2016 - Marketwired (press release) (TSE:IGM)
www.marketwired.com - September 7 at 5:45 PM
finance.yahoo.com logoIGM Financial Inc. Live Webcast From Scotiabank Financials Summit 2016 (TSE:IGM)
finance.yahoo.com - September 7 at 5:45 PM
finance.yahoo.com logoMackenzie Investments enhances suite of Smart Beta ETFs and mutual funds (TSE:IGM)
finance.yahoo.com - September 7 at 9:00 AM
einnews.com logoIGM Financial Inc. Announces August 2016 Mutual Fund Sales and Total Assets Under Management - EIN News (press release) (TSE:IGM)
www.einnews.com - September 4 at 5:04 PM
finance.yahoo.com logoSagard Capital Announces Termination of Shareholder Nomination Agreement with Performance Sports Group Ltd. - Yahoo Finance (TSE:IGM)
finance.yahoo.com - September 3 at 5:03 PM
News IconSagard Capital Announces Termination of Shareholder Nomination Agreement with Performance Sports Group Ltd. - Yahoo Sports (TSE:IGM)
sports.yahoo.com - September 3 at 10:08 AM
reuters.com logoBRIEF-IGM Financial Inc announces total assets under management were $139.... - Reuters (TSE:IGM)
in.reuters.com - September 3 at 10:08 AM
news.sys-con.com logoIGM Financial Inc. Announces August 2016 Mutual Fund Sales and ... - SYS-CON Media (press release) (TSE:IGM)
news.sys-con.com - September 2 at 5:33 PM
finance.yahoo.com logoIGM Financial Inc. Announces August 2016 Mutual Fund Sales and Total Assets Under Management (TSE:IGM)
finance.yahoo.com - September 2 at 5:33 PM
feeds.reuters.com logoBRIEF-IGM Financial Inc announces total assets under management were $139.3 bln at August 31, 2016 (TSE:IGM)
feeds.reuters.com - September 2 at 3:40 PM
baystreet.ca logoKeep an Eye on These 3 Canadian Fintech Companies (TSE:IGM)
www.baystreet.ca - August 24 at 5:29 PM
capitalcube.com logoETF’s with exposure to IGM Financial, Inc. : August 24, 2016 (TSE:IGM)
www.capitalcube.com - August 24 at 5:29 PM
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

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IGM Financial (TSE:IGM) Chart for Sunday, September, 25, 2016


Last Updated on 9/25/2016 by MarketBeat.com Staff