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: $41.71
  • 50 Day Moving Average: $40.48
  • 200 Day Moving Average: $37.81
  • 52-Week Range: C$34.58 - C$42.25
  • Trailing P/E Ratio: 13.08
  • P/E Growth: 3.67
  • Market Cap: $10.03B
  • Outstanding Shares: 240,521,000
Additional Links:

Analyst Ratings

Consensus Ratings for IGM Financial (TSE:IGM) (?)
Ratings Breakdown: 1 Sell Rating, 7 Hold Ratings
Consensus Rating:Hold (Score: 1.88)
Consensus Price Target: C$40.18

Analysts' Ratings History for IGM Financial (TSE:IGM)
Show:
DateFirmActionRatingPrice TargetDetails
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
2/13/2017DesjardinsSet Price TargetHoldC$41.00View Rating Details
2/13/2017RBC Capital MarketsBoost 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
11/4/2016Royal Bank Of CanadaBoost Price TargetSector PerformC$39.00 -> C$40.00View 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
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 CorpLower Price TargetC$44.00 -> C$43.00View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for IGM Financial (TSE:IGM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/5/2017        
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: $3.30 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$0.77$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
News IconStock Watch for IGM Financial Inc. (TSX:IGM) - Piedmont Register (TSE:IGM)
piedmontregister.com - February 22 at 11:09 PM
finance.yahoo.com logoMackenzie Investments Open coming to Montreal in 2017 (TSE:IGM)
finance.yahoo.com - February 16 at 4:43 PM
capitalcube.com logoIGM Financial, Inc. :IGM-CA: Earnings Analysis: 2016 By the Numbers : February 15, 2017 (TSE:IGM)
www.capitalcube.com - February 15 at 9:00 PM
capitalcube.com logoIGM Financial, Inc. :IGM-CA: Earnings Analysis: Q4, 2016 By the Numbers : February 14, 2017 (TSE:IGM)
www.capitalcube.com - February 14 at 7:14 PM
finance.yahoo.com logoMackenzie announces change to Diversified Fixed Income Folio Fund (TSE:IGM)
finance.yahoo.com - February 14 at 7:14 PM
News IconReviewing the Numbers for IGM Financial Inc. (TSX:IGM) - Midway Monitor (TSE:IGM)
midwaymonitor.com - February 14 at 4:53 AM
marketwired.com logoIGM Financial Inc. Reports Fourth Quarter and 2016 Earnings - Marketwired (press release) (TSE:IGM)
www.marketwired.com - February 11 at 4:43 AM
reuters.com logoBRIEF-IGM FINANCIAL INC REPORTS Q4 EARNINGS PER SHARE C$0.97 - Reuters (TSE:IGM)
www.reuters.com - February 11 at 4:43 AM
finance.yahoo.com logoEdited Transcript of IGM.TO earnings conference call or presentation 10-Feb-17 8:00pm GMT (TSE:IGM)
finance.yahoo.com - February 11 at 4:43 AM
seekingalpha.com logoIGM Financial's (IGIFF) CEO Jeff Carney on Q4 2016 Results - Earnings Call Transcript (TSE:IGM)
seekingalpha.com - February 10 at 11:40 PM
reuters.com logoBRIEF-IGM FINANCIAL INC REPORTS Q4 EARNINGS PER SHARE C$0.97 (TSE:IGM)
www.reuters.com - February 10 at 6:38 PM
seekingalpha.com logoIGM Financial Inc. 2016 Q4 - Results - Earnings Call Slides (TSE:IGM)
seekingalpha.com - February 10 at 6:38 PM
biz.yahoo.com logoQ4 2016 IGM Financial Inc Earnings Release - After Market Close (TSE:IGM)
biz.yahoo.com - February 10 at 6:38 PM
finance.yahoo.com logoIGM Financial Inc. Reports Fourth Quarter and 2016 Earnings (TSE:IGM)
finance.yahoo.com - February 10 at 6:38 PM
News IconChart Update on Shares of IGM Financial Inc. (TSX:IGM) - Davidson Register (TSE:IGM)
davidsonregister.com - February 9 at 11:48 PM
News Icon40%+ Increases In Revenue Y-O-Y Make These 4 Dividend Stocks Prime Candidates To Increase Future Payouts (TSE:IGM)
www.talkmarkets.com - February 8 at 6:34 PM
News IconEquity Focus: Looking Closer at Shares of IGM Financial Inc. (TSX:IGM) - Searcy News (TSE:IGM)
searcysentinel.com - February 8 at 6:34 PM
News IconWatching the Levels for IGM Financial Inc. (TSX:IGM) - Sherwood Daily (TSE:IGM)
sherwooddaily.com - February 7 at 7:10 PM
theglobeandmail.com logo‘Sheer cussedness’ of the Canadian dollar confounds analysts (TSE:IGM)
www.theglobeandmail.com - February 6 at 10:37 AM
finance.yahoo.com logoResearch Reports Initiated on Financials Stocks Timbercreek Financial, Tricon Capital Group, Noranda Income Fund, and IGM Financial (TSE:IGM)
finance.yahoo.com - February 6 at 10:37 AM
benzinga.com logoIGM Financial Inc. Announces January 2017 Mutual Fund Sales and Total Assets Under Management - Benzinga (TSE:IGM)
www.benzinga.com - February 3 at 6:27 PM
finance.yahoo.com logoIGM Financial Inc. Announces January 2017 Mutual Fund Sales and Total Assets Under Management (TSE:IGM)
finance.yahoo.com - February 2 at 6:32 PM
business.financialpost.com logo‘What a difference a year makes’: Morgan Stanley bond sale pushes Canada to best start since 2013 (TSE:IGM)
business.financialpost.com - February 1 at 6:35 PM
News IconStock Watch: FCF Score Check on IGM Financial Inc. (TSX:IGM) - Gilbert Daily (TSE:IGM)
gilbertdaily.com - January 30 at 11:36 PM
4-traders.com logoIGM Financial : completes $600 million debenture offering (TSE:IGM)
www.4-traders.com - January 29 at 4:02 AM
News IconDesmarais scion to spearhead new Canadian fintech venture capital fund (TSE:IGM)
www.montrealintechnology.com - January 28 at 12:50 AM
News IconTrading Circle: Narrowing in on Shares of IGM Financial Inc. (TSX:IGM) - Gilbert Daily (TSE:IGM)
gilbertdaily.com - January 27 at 7:49 PM
News IconNew Canadian 'Venture Launchpad' Company Diagram Announces Close of $25-Million Fund (TSE:IGM)
www.bctechnology.com - January 27 at 12:31 AM
News IconWhat The Charts Are Saying About IGM Financial Inc. (TSX:IGM) - Gilbert Daily (TSE:IGM)
gilbertdaily.com - January 26 at 7:31 PM
marketwired.com logoIGM Financial Inc. Completes $600 Million Debenture Offering - Marketwired (press release) (TSE:IGM)
www.marketwired.com - January 26 at 7:31 PM
finance.yahoo.com logoMackenzie Investments recognized for fund performance at Fundata Awards (TSE:IGM)
finance.yahoo.com - January 26 at 7:31 PM
News IconStock Tracker: Looking at the Numbers for IGM Financial Inc. (TSX:IGM) - Gilbert Daily (TSE:IGM)
gilbertdaily.com - January 25 at 7:13 PM
finance.yahoo.com logoMackenzie Investments Announces Distributions for its Active Exchange Traded Funds (MKB, MUB, MFT, MGB) (TSE:IGM)
finance.yahoo.com - January 25 at 7:13 PM
News IconCanadian incubator Diagram raises $25 mln for fund (TSE:IGM)
www.pehub.com - January 24 at 6:38 PM
News IconChecking the Numbers on IGM Financial Inc. (TSX:IGM) - Gilbert Daily (TSE:IGM)
gilbertdaily.com - January 24 at 6:38 PM
News IconIndicators in Focus on IGM Financial Inc. (TSX:IGM) - Gilbert Daily (TSE:IGM)
gilbertdaily.com - January 24 at 4:12 AM
marketwired.com logoIGM Financial Inc. Announces $600 Million Offering of Debentures - Marketwired (press release) (TSE:IGM)
www.marketwired.com - January 24 at 4:12 AM
4-traders.com logoIGM Financial : announces $600 million offering of debentures (TSE:IGM)
www.4-traders.com - January 23 at 6:09 PM
marketwired.com logoIGM Financial Inc. Announces $600 Million Offering of Debentures (TSE:IGM)
www.marketwired.com - January 23 at 6:09 PM
finance.yahoo.com logoMackenzie Investments enhances suite of Smart Beta ETFs and mutual funds (TSE:IGM)
finance.yahoo.com - January 23 at 10:52 AM
finance.yahoo.com logoAvoid IGM Financial Inc. in Spite of its Stellar Dividend (TSE:IGM)
ca.finance.yahoo.com - January 20 at 8:23 PM
fool.ca logoAvoid IGM Financial Inc. in Spite of its Stellar Dividend - The Motley Fool Canada (TSE:IGM)
www.fool.ca - January 20 at 3:22 PM
News IconHow Analysts Feel About IGM Financial Inc. After Today's Huge Decline? - Fair Herald (TSE:IGM)
fairherald.com - January 19 at 7:37 PM
News IconHow Analysts Feel About IGM Financial Inc. After Today's Huge ... - Fair Herald (TSE:IGM)
fairherald.com - January 19 at 4:24 AM
business.financialpost.com logoKim Thomassin joins Quebec’s Caisse and other legal moves and grooves for Jan. 16 (TSE:IGM)
business.financialpost.com - January 17 at 12:31 PM
finance.yahoo.com logoCanada's Portag3 Ventures invests in Street Contxt - Yahoo Finance (TSE:IGM)
finance.yahoo.com - January 16 at 5:50 PM
finance.yahoo.com logoMMLP GP Inc. announces final distribution of partnership income for Mackenzie Master Limited Partnership (TSE:IGM)
finance.yahoo.com - January 13 at 7:07 PM
theglobeandmail.com logoGlory days are gone for less-nimble asset managers (TSE:IGM)
www.theglobeandmail.com - January 12 at 6:21 PM
News IconDitecsa acquires 100% of Befesa Gestión de Residuos Industriales (BGRI) (Befesa Medio Ambiente SA) (TSE:IGM)
www.newsoneplace.com - January 6 at 12:09 AM
News IconPower Corp. and Mackenzie increase stake in China AMC (TSE:IGM)
www.investmentexecutive.com - January 6 at 12:09 AM

Social

What is IGM Financial's stock symbol?

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

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

8 brokers have issued 1 year price targets for IGM Financial's stock. Their predictions range from C$36.00 to C$44.00. On average, they expect IGM Financial's stock price to reach C$40.18 in the next twelve months.

When will IGM Financial announce their earnings?

IGM Financial is scheduled to release their next quarterly earnings announcement on Friday, May, 5th 2017.

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.

How much does a share of IGM Financial stock cost?

One share of IGM Financial stock can currently be purchased for approximately C$41.71.

IGM Financial (TSE:IGM) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for IGM Financial (TSE:IGM)

Earnings History Chart

Earnings by Quarter for IGM Financial (TSE:IGM)

Dividend History Chart

Dividend Payments by Quarter for IGM Financial (TSE:IGM)

Last Updated on 2/24/2017 by MarketBeat.com Staff