TSE:IGM - IGM Financial Stock Price, Price Target & More

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C$39.13 -0.63 (-1.58 %)

(As of 06/17/2018 04:00 PM ET)

Previous CloseC$39.13

Today's RangeC$39.13 - C$39.71

52-Week RangeC$36.53 - C$45.82

Volume338,900 shs

Average Volume256,431 shs

Market CapitalizationC$9.69 billion

P/E RatioN/A

Dividend Yield5.66%

Beta1

About IGM Financial (TSE:IGM)

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.

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Industry, Sector and Symbol

Industry Asset Management

Sub-IndustryN/A

SectorFinancial Services

SymbolTSE:IGM

CUSIPN/A

Webwww.igmfinancial.com

Phone+1-204-9430361

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / CashN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net Margins6.87%

Return on Equity4.32%

Return on Assets1.31%

Miscellaneous

EmployeesN/A

Outstanding Shares240,806,000

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, February 8th. Shareholders of record on Thursday, March 29th will be given a dividend of 0.563 per share on Monday, April 30th. This represents a $2.25 dividend on an annualized basis and a dividend yield of 5.76%. The ex-dividend date is Wednesday, March 28th. View IGM Financial's Dividend History.

How were IGM Financial's earnings last quarter?

IGM Financial Inc. (TSE:IGM) released its quarterly earnings data on Friday, May, 4th. The financial services provider reported $0.77 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.75 by $0.02. The financial services provider had revenue of $809.65 million for the quarter. IGM Financial had a net margin of 6.87% and a return on equity of 4.32%. View IGM Financial's Earnings History.

When is IGM Financial's next earnings date?

IGM Financial is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for IGM Financial.

What price target have analysts set for IGM?

5 Wall Street analysts have issued 1-year target prices for IGM Financial's stock. Their forecasts range from C$40.00 to C$50.00. On average, they anticipate IGM Financial's stock price to reach C$47.00 in the next year. View Analyst Ratings for IGM Financial.

Who are some of IGM Financial's key competitors?

Some companies that are related to IGM Financial include CAIXABANK/ADR (CAIXY), Groep Brussel Lambert (GBLB), 3i Group (TGOPF), Randstad (RAND), ONEX (ONEX), SCHRODERS/PAR NVTG FPD 1 (SDRC), SCHRODERS/PAR VTG FPD 1 (SDR), 3i Group (III), Hargreaves Lansdown (HL), CI Financial (CIX), IGM Financial (IGIFF), Challenger (CGF), CI Financial (CIFAF), Investec (INVP) and Investec (IVTJF).

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

Has IGM Financial been receiving favorable news coverage?

Media headlines about IGM stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. IGM Financial earned a news impact score of 0.13 on Accern's scale. They also gave news stories about the financial services provider an impact score of 45.80 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

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$39.13.

How big of a company is IGM Financial?

IGM Financial has a market capitalization of C$9.69 billion.

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 (IGM)

Community Ranking:		1.5 out of 5 ( )
Outperform Votes:		194 (Vote Outperform)
Underperform Votes:		461 (Vote Underperform)
Total Votes:		655

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.

IGM Financial (TSE:IGM) Price Target and Consensus Rating

(How are Consensus Ratings Calculated?)

5 Wall Street analysts have issued ratings and price targets for IGM Financial in the last 12 months. Their average twelve-month price target is C$47.00, suggesting that the stock has a possible upside of 20.11%. The high price target for IGM is C$50.00 and the low price target for IGM is C$40.00. There are currently 5 buy ratings for the stock, resulting in a consensus rating of "Buy."

	Today	30 Days Ago	90 Days Ago	180 Days Ago
Consensus Rating:	Buy	Buy	Buy	Hold
Consensus Rating Score:	3.00	3.00	2.83	2.43
Ratings Breakdown:	0 Sell Rating(s) 0 Hold Rating(s) 5 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 0 Hold Rating(s) 5 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 1 Hold Rating(s) 5 Buy Rating(s) 0 Strong Buy Rating(s)	1 Sell Rating(s) 2 Hold Rating(s) 4 Buy Rating(s) 0 Strong Buy Rating(s)
Consensus Price Target:	C$47.00	C$47.00	C$47.13	C$46.19
Price Target Upside:	20.11% upside	22.24% upside	17.02% upside	4.35% upside

IGM Financial (TSE:IGM) Consensus Price Target History

Price Target History for IGM Financial (TSE:IGM)

IGM Financial (TSE:IGM) Analyst Ratings History

Show:

Date	Brokerage	Action	Rating	Price Target
5/7/2018	Scotiabank	Lower Price Target	Outperform	C$47.00
5/7/2018	BMO Capital Markets	Lower Price Target		C$50.00
4/27/2018	CIBC	Upgrade	Neutral ➝ Outperform	C$43.00 ➝ C$45.00
4/12/2018	Barclays	Lower Price Target		C$42.00 ➝ C$40.00
2/12/2018	TD Securities	Lower Price Target		C$52.00 ➝ C$50.00
2/12/2018	Canaccord Genuity	Lower Price Target		C$49.00 ➝ C$46.00
2/12/2018	Desjardins	Lower Price Target		C$50.00 ➝ C$48.00
2/12/2018	Royal Bank of Canada	Lower Price Target	Outperform	C$54.00 ➝ C$50.00
8/5/2016	GMP Securities	Downgrade	Buy ➝ Hold	C$42.25 ➝ C$39.50

(Data available from 6/17/2016 forward)

IGM Financial (TSE:IGM) Earnings History and Estimates Chart

Earnings by Quarter for IGM Financial (TSE:IGM)

IGM Financial (TSE:IGM) Earnings Estimates

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q2 2018	1	$0.79	$0.79	$0.79
Q3 2018	1	$0.82	$0.82	$0.82
Q4 2018	1	$0.86	$0.86	$0.86

IGM Financial (TSE IGM) Earnings History by Quarter

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
8/2/2018		C$0.79					N/A
5/4/2018	Q1 2018	C$0.75	C$0.77		C$809.65 million	View	N/A
2/9/2018	Q4 2017	C$0.84	C$0.79		C$792.74 million	View	N/A
11/2/2017	Q3 2017	C$0.80	C$0.76		C$773.34 million	View	N/A
8/3/2017	Q2 2017	C$0.75	C$0.77		C$798.24 million	View	N/A
5/5/2017	Q1 2017	C$0.78	C$0.74		C$789.70 million	View	N/A
2/10/2017	Q4 2016	C$0.79	C$0.83	C$781.10 million	C$801.15 million	View	N/A
11/3/2016	Q3 2016	C$0.75	C$0.82	C$761.50 million	C$776.45 million	View	N/A
8/4/2016	Q2 2016	C$0.72	C$0.72	C$733.54 million	C$744.34 million	View	N/A
5/6/2016	Q1 2016	C$0.74	C$0.69	C$735.35 million	C$722.84 million	View	N/A
2/12/2016	Q4 2015	C$0.79	C$0.81	C$750.82 million	C$752.13 million	View	N/A
11/5/2015	Q3 2015	C$0.80	C$0.81	C$754.90 million	C$751.73 million	View	N/A
8/6/2015	Q2 2015	C$0.85	C$0.80	C$772.46 million	C$763.23 million	View	N/A
5/8/2015	Q1 2015	C$0.81	C$0.80	C$744.60 million	C$760.86 million	View	N/A
2/13/2015	Q4 2014	C$0.85	C$0.83	C$749.50 million	C$742.05 million	View	N/A
11/6/2014	Q3 2014	C$0.90	C$0.87	C$761.18 million	C$750.16 million	View	N/A
8/7/2014		C$0.83	C$0.81	C$745.47 million	C$720.23 million	View	N/A
5/9/2014		C$0.80	C$0.77	C$709.14 million	C$714.85 million	View	N/A
2/14/2014	Q4 2013	C$0.81	C$0.79	C$690.02 million	C$702.91 million	View	N/A
11/7/2013	Q3 2013	C$0.80	C$0.77	C$676.17 million	C$667.47 million	View	N/A
8/1/2013	Q2 2013	C$0.76	C$0.76	C$670.32 million	C$666.95 million	View	N/A
5/3/2013	Q1 2013	C$0.71	C$0.72	C$642.68 million	C$652.70 million	View	N/A
2/8/2013	Q4 2012	C$0.73	C$0.73			View	N/A
11/8/2012	Q3 2012	C$0.70	C$0.73			View	N/A
8/2/2012	Q2 2012	C$0.77	C$0.70			View	N/A
5/4/2012	Q1 2012	C$0.77	C$0.78			View	N/A
2/10/2012	Q4 2011	C$0.75	C$0.66			View	N/A
11/10/2011	Q3 2011	C$0.78	C$0.82			View	N/A
8/4/2011	Q2 2011	C$0.81	C$0.84			View	N/A
5/6/2011	Q1 2011	C$0.75	C$0.81			View	N/A
2/11/2011	Q4 2010	C$0.71	C$0.76			View	N/A
11/11/2010	Q3 2010	C$0.66	C$0.68			View	N/A
8/5/2010	Q2 2010	C$0.68	C$0.68			View	N/A
5/7/2010	Q1 2010	C$0.67	C$0.68			View	N/A
2/12/2010	Q4 2009	C$0.65	C$0.67			View	N/A
10/29/2009	Q3 2009	C$0.61	C$0.63			View	N/A
7/29/2009	Q2 2009	C$0.55	C$0.55			View	N/A
5/1/2009	Q1 2009	C$0.53	C$0.51			View	N/A
2/13/2009	Q4 2008	C$0.68	C$0.53			View	N/A
10/30/2008	Q3 2008	C$0.80	C$0.75			View	N/A
7/30/2008	Q2 2008	C$0.80	C$0.81			View	N/A
5/2/2008	Q1 2008	C$0.81	C$0.79			View	N/A
2/14/2008	Q4 2007	C$0.81	C$0.82			View	N/A

(Earnings results data provided by Zacks Investment Research)

IGM Financial (TSE:IGM) Dividend Information

IGM Financial pays an annual dividend of C$2.25 per share, with a dividend yield of 5.75%. IGM's most recent quarterly dividend payment was Monday, April 30.

Most Recent Dividend:	4/30/2018
Annual Dividend:	$2.25
Dividend Yield:	5.75%
Payout Ratio(s):	N/A

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

IGM Financial (TSE:IGM) Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
2/8/2018	Quarterly	$0.5630	5.98%	3/28/2018	3/29/2018	4/30/2018
11/2/2017	Quarterly	$0.5630	5.03%	12/28/2017	12/29/2017	1/31/2018
8/4/2017	Quarterly	$0.5630	5.34%	9/28/2017	9/29/2017	10/31/2017
5/8/2015	Quarterly	$0.4650	5.35%	6/26/2015	6/30/2015	7/31/2015
2/13/2015	Quarterly	$0.4526	4.91%	3/27/2015	3/31/2015	4/30/2015
12/29/2014	Quarterly	$0.5625	5.15%	12/29/2014	1/30/2015	1/30/2015
8/7/2014		$0.4920		9/26/2014	9/30/2014	10/31/2014
5/9/2014		$0.4934		6/26/2014	6/30/2014	7/31/2014
2/14/2014		$0.4895		3/27/2014	3/31/2014	4/30/2014
11/7/2013		$0.5145		12/27/2013	12/31/2013	1/31/2014
11/7/2013	quarterly	$0.5375			12/31/2013	1/31/2014

(Data available from 1/1/2013 forward)

IGM Financial (TSE IGM) Insider Trading and Institutional Ownership History

Insider Trading History for IGM Financial (TSE:IGM)

IGM Financial (TSE IGM) Insider Trading History

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
2/14/2018	Susan J Mcarthur	Director	Buy	1,000	C$39.27	C$39,270.00
12/5/2017	Jean-Claude Bachand	Director	Buy	1,000	C$44.35	C$44,350.00
12/21/2015	Olivier Desmarais	Director	Buy	2,838	C$35.22	C$99,954.36
9/30/2015	Claude Généreux	Director	Buy	3,000	C$33.80	C$101,400.00

(Data available from 1/1/2013 forward)

IGM Financial (TSE IGM) News Headlines

Source:

Date	Headline
	Mackenzie Investments Announces June 2018 Distributions for its Exchange Traded Funds finance.yahoo.com - June 13 at 4:05 PM
	Counsel Announces Merger of Seven Corporate Class Funds finance.yahoo.com - June 6 at 4:03 PM
	IGM Financial Inc. Announces May 2018 Investment Fund Sales and Total Assets Under Management finance.yahoo.com - June 5 at 9:30 AM
	IGM Financial Inc. to Release Second Quarter 2018 Results finance.yahoo.com - June 5 at 9:30 AM
	Investors Group announces fund mergers finance.yahoo.com - May 23 at 4:08 PM
	Is the Best Dividend Stock on the TSX a Value Trap? www.fool.ca - May 22 at 9:40 AM
	Investors Group announces multiple mutual fund changes finance.yahoo.com - May 18 at 11:01 AM
	Mackenzie Investments Announces May 2018 Distributions for its Exchange Traded Funds (MGB, MUB, MFT, MKB, MHYB, MCSB, QBB, QSB, QCB, QTIP, QUIG and QHY) finance.yahoo.com - May 16 at 10:15 AM
	Power Financial Reports First Quarter Financial Results finance.yahoo.com - May 10 at 10:12 AM
	Mackenzie Investments brings emerging markets management in-house finance.yahoo.com - May 9 at 9:59 AM
	FY2018 EPS Estimates for IGM Financial (IGM) Raised by Analyst www.americanbankingnews.com - May 9 at 8:32 AM
	Q2 2018 EPS Estimates for IGM Financial (IGM) Increased by Analyst www.americanbankingnews.com - May 8 at 5:50 AM
	Astorg to Acquire IGM Resins from Arsenal Capital Partners finance.yahoo.com - May 7 at 4:10 PM
	Scotiabank Lowers IGM Financial (IGM) Price Target to C$46.00 www.americanbankingnews.com - May 7 at 2:43 PM
	IGM Financial (IGM) Price Target Cut to C$47.00 www.americanbankingnews.com - May 7 at 2:42 PM
	IGM Financial nets record $1.4B in first-quarter sales www.msn.com - May 5 at 10:16 AM
	Edited Transcript of IGM.TO earnings conference call or presentation 4-May-18 6:30pm GMT finance.yahoo.com - May 5 at 10:16 AM
	BRIEF-IGM Financial Q1 EPS Of C$0.77 www.reuters.com - May 4 at 4:01 PM
	IGM Annual Meeting Showcases Record Results With $4.8 Billion Net Sales finance.yahoo.com - May 4 at 4:01 PM
	IGM Financial Inc. Announces Election of Directors finance.yahoo.com - May 4 at 4:01 PM
	IGM Financial Inc. Reports First Quarter Earnings finance.yahoo.com - May 4 at 9:48 AM
	BRIEF-IGM Financial Announces April 2018 Investment Fund Sales And Total Assets Under Management www.reuters.com - May 3 at 9:48 AM
	IGM Financial Inc. Announces the Implementation of IFRS 15 finance.yahoo.com - May 3 at 9:47 AM
	IGM Financial Inc. Announces April 2018 Investment Fund Sales and Total Assets Under Management finance.yahoo.com - May 2 at 4:07 PM
	A Canadian first: Mackenzie Investments delivers absolute return alternative mutual fund for investors finance.yahoo.com - May 2 at 9:50 AM
	Investors Group welcomes T. Rowe Price as a new sub-advisor finance.yahoo.com - May 2 at 9:50 AM
	IGM Financial (IGM) Upgraded at CIBC www.americanbankingnews.com - April 27 at 2:30 PM
	IGM Financial (IGM) Scheduled to Post Earnings on Friday www.americanbankingnews.com - April 27 at 1:16 AM
	Today’s Research Reports on Aberdeen, Sprott, IGM Financial and TMX finance.yahoo.com - April 19 at 10:01 AM
	IGM Financial (IGM) Given Consensus Recommendation of "Buy" by Brokerages www.americanbankingnews.com - April 19 at 1:36 AM
	Mackenzie Investments Announces April 2018 Distributions for its Exchange Traded Funds (MGB, MUB, MFT, MKB, MHYB, MCSB, QBB, QSB, QCB, QTIP, QUIG and QHY) finance.yahoo.com - April 18 at 10:03 AM
	Barclays Cuts IGM Financial (IGM) Price Target to C$40.00 www.americanbankingnews.com - April 12 at 2:19 PM
	Gains for Futures Thursday www.baystreet.ca - April 12 at 10:58 AM
	Should You Be Tempted To Sell IGM Financial Inc (TSE:IGM) Because Of Its PE Ratio? finance.yahoo.com - April 4 at 5:33 PM
	Why I’m Still Avoiding These 2 “Toxic” Canadian Financial Stocks www.fool.ca - March 30 at 10:06 AM
	Mackenzie Investments simplifies and enhances retail pricing structure for investors finance.yahoo.com - March 29 at 10:25 AM
	IGM Financial Inc. (IGM) Receives Average Recommendation of "Buy" from Brokerages www.americanbankingnews.com - March 25 at 1:59 AM
	Only 4 Days Left Before IGM Financial Inc (TSE:IGM) Will Start Trading Ex-Dividend, Should You Buy? finance.yahoo.com - March 23 at 3:54 PM
	IGM Financial Inc. (IGM) to Issue $0.56 Quarterly Dividend www.americanbankingnews.com - March 23 at 11:48 AM
	Power Financial Reports Fourth Quarter and 2017 Financial Results and Dividend Increase www.bizjournals.com - March 23 at 9:53 AM
	1 of the TSX’s Underachieving Dividend Stocks Is Ready to Grow www.fool.ca - March 22 at 10:12 AM
	Mackenzie Investments Announces March 2018 Distributions for its Exchange Traded Funds (MGB, MUB, MFT, MKB, MHYB, MCSB, QBB, QSB, QCB, QTIP, QUIG, QHY, MKC, MUS, MEU, MWD, MXU, QCE, QCN, QUU, QAH, QDX and QDXH) finance.yahoo.com - March 14 at 11:11 AM
	Counsel Announces Results of Investor Meetings for Two Merger Proposals finance.yahoo.com - March 12 at 4:58 PM
	IGM Financial Inc. Announces February 2018 Investment Fund Sales and Total Assets Under Management finance.yahoo.com - March 5 at 10:28 AM
	IGM Financial Inc. to Release First Quarter 2018 Results finance.yahoo.com - March 5 at 10:28 AM
	Quadrus Group of Funds reduces fees across all series finance.yahoo.com - February 28 at 4:31 PM
	IGM Financial Inc. (IGM) Given Average Recommendation of "Buy" by Analysts www.americanbankingnews.com - February 28 at 1:42 AM
	Insider Buying: IGM Financial Inc. (IGM) Director Purchases 1,000 Shares of Stock www.americanbankingnews.com - February 16 at 12:42 PM
	Mackenzie Investments Announces February 2018 Distributions for its Exchange Traded Funds (MGB, MUB, MFT, MKB, MHYB, MCSB, QBB, QSB, QCB, QTIP, QUIG and QHY) finance.yahoo.com - February 14 at 4:28 PM
	IGM Financial Inc. 2017 Q4 - Results - Earnings Call Slides seekingalpha.com - February 12 at 4:56 PM

IGM Financial (TSE:IGM) SEC Filings

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IGM Financial (TSE IGM) Stock Chart for Sunday, June, 17, 2018

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This page was last updated on 6/17/2018 by MarketBeat.com Staff