IGM Financial Inc. 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 programs; mutual funds; managed asset and multi-manager investment programs; 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.
Industry, Sector and Symbol
Stock Exchange TSE
Industry Asset Management
Sub-IndustryN/A
SectorFinancial Services
Current SymbolTSE:IGM
Previous Symbol
CUSIPN/A
Phone+1-204-9430361
Debt
Debt-to-Equity Ratio41.00
Current Ratio4.58
Quick Ratio0.65
Price-To-Earnings
Trailing P/E Ratio12.48
Forward P/E Ratio9.87
P/E Growth1.58
Sales & Book Value
Annual SalesC$3.41 billion
Price / Sales2.34
Cash FlowC$4.12 per share
Price / Cash8.03
Book ValueC$18.27 per share
Price / Book1.81
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
Employees3,286
Outstanding Shares240,826,000
Market CapC$0.00
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 Thursday, September 27th. Shareholders of record on Wednesday, October 31st will be paid a dividend of 0.5625 per share on Wednesday, October 31st. This represents a $2.25 dividend on an annualized basis and a yield of 6.80%. The ex-dividend date is Thursday, September 27th. View IGM Financial's Dividend History.
When is IGM Financial's next earnings date?
What price target have analysts set for IGM?
6 brokers have issued 1-year price targets for IGM Financial's stock. Their forecasts range from C$34.00 to C$48.00. On average, they expect IGM Financial's share price to reach C$40.50 in the next year. This suggests a possible upside of 22.4% from the stock's current price. View Analyst Price Targets for IGM Financial.
What is the consensus analysts' recommendation for IGM Financial?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IGM Financial in the last year. There are currently 1 hold rating and 5 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 neutral this week, InfoTrie reports. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. IGM Financial earned a media sentiment score of 0.4 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock'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 1ST TR ENERGY I/SH (FIF), 3i Group (III), 3i Group (TGOPF), 49 North Resources (FNR), A I S RESOURCES/SH SH (AIS), ABEH SPLI /0 RED / EXT PREF (ASIZ), ABEH SPLI/PAR VTG FPD 0.01 (ASIT), Aberdeen Asian Income Fund (AAIF), Aberdeen Asia-Pacific Income Fund (FAX), Aberdeen Asia-Pacific Income Investment (FAP), Aberdeen Australia Equity Fund (IAF), Aberdeen Emerging Markets Invstmt (AEMC), Aberdeen International (AAB), Aberdeen Latin American Income Fund (ALAI) and Aberdeen New Dawn Investment Trust (ABD).
Who are IGM Financial's key executives?
IGM Financial's management team includes the folowing people:
- Mr. Jeffrey Robert Carney, Pres, CEO & Director (Age 56)
- Mr. Barry Sean McInerney, Pres & CEO of Mackenzie Investments
- Mr. Tony H. Elavia Ph.D., Exec. VP & Chief Investment Officer of Mackenzie Investments (Age 62)
- 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$33.08.
What is IGM Financial's official website?
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)
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.
