S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
TSE:IGM

IGM Financial Stock Forecast, Price & News

C$47.18
+0.39 (+0.83%)
(As of 12/7/2021 12:00 AM ET)
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Compare
Today's Range
C$47.02
C$47.45
50-Day Range
C$44.81
C$51.14
52-Week Range
C$33.43
C$51.68
Volume
141,808 shs
Average Volume
326,561 shs
Market Capitalization
C$11.28 billion
P/E Ratio
12.01
Dividend Yield
4.81%
Beta
N/A
30 days | 90 days | 365 days | Advanced Chart
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IGM Financial logo

About IGM Financial

IGM Financial Inc. operates as a wealth and asset management company in Canada. It operates through Wealth Management, Asset Management, and Strategic Investments and Other segments. The company offers financial advisory services; IG Living Plan that provides financial planning services, such as investment vehicles, insurance products, mortgage and banking solutions, and charitable giving program; IG Wealth Management Advisor Portal, a customer relationship management platform; and IG Wealth Management's dealer platform, which provides increased automation and supports both MFDA and IIROC licensed advisors, as well as new products on its investment dealer platform. It also provides mutual funds; portfolios; IG Advisory Account, a fee-based account that enhances client experience by offering the ability to simplify and consolidate selected investments into a single account; iProfile Private portfolios, a portfolio management program for households with investments; iProfile Portfolios, a suite of four managed solutions; segregated funds; separately managed and fee-based brokerage accounts; insurance products; and securities services. In addition, the company offers management and related services; global private equity, private credit, and infrastructure investment solutions; and exchange traded funds. The company was incorporated in 1978 and is headquartered in Winnipeg, Canada. IGM Financial Inc. is a subsidiary of Power Financial Corporation.

Headlines

IGM Family of Companies Recognized as Top Employers
December 3, 2021 |  finance.yahoo.com
Canada’s IGM May Launch Bitcoin, Ether Products in 2022
November 5, 2021 |  finance.yahoo.com
Here's what to expect from IGM Financial's earnings report
November 4, 2021 |  markets.businessinsider.com
IGM Financial Inc. Reports Record High Earnings
November 4, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
3,300
Year Founded
N/A

Sales & Book Value

Annual Sales
C$3.82 billion
Cash Flow
C$5.18 per share
Book Value
C$26.13 per share

Profitability

Pretax Margin
N/A

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
C$11.28 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
9/28/2021
Dividend Payable
10/29/2021
Last Earnings
11/04/2021
Today
12/08/2021
Next Earnings (Estimated)
2/10/2022

MarketRank

Overall MarketRank

2.13 out of 5 stars

Analyst Opinion: 3.2Community Rank: 3.1Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -












IGM Financial (TSE:IGM) Frequently Asked Questions

Is IGM Financial a buy right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for IGM Financial in the last twelve months. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" IGM Financial stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IGM, but not buy additional shares or sell existing shares.
View analyst ratings for IGM Financial
or view top-rated stocks.

How has IGM Financial's stock price been impacted by COVID-19 (Coronavirus)?

IGM Financial's stock was trading at C$31.09 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, IGM stock has increased by 51.8% and is now trading at C$47.18.
View which stocks have been most impacted by COVID-19
.

When is IGM Financial's next earnings date?

IGM Financial is scheduled to release its next quarterly earnings announcement on Thursday, February 10th 2022.
View our earnings forecast for IGM Financial
.

How were IGM Financial's earnings last quarter?

IGM Financial Inc. (TSE:IGM) posted its quarterly earnings data on Thursday, November, 4th. The financial services provider reported $1.13 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.08 by $0.05. The financial services provider earned $890.98 million during the quarter, compared to the consensus estimate of $882 million.
View IGM Financial's earnings history
.

How often does IGM Financial pay dividends? What is the dividend yield for IGM Financial?

IGM Financial announced a quarterly dividend on Tuesday, September 28th. Investors of record on Friday, October 29th will be paid a dividend of 0.5625 per share on Friday, October 29th. This represents a $2.25 annualized dividend and a yield of 4.77%. The ex-dividend date of this dividend is Tuesday, September 28th.
View IGM Financial's dividend history
.

Is IGM Financial a good dividend stock?

IGM Financial pays an annual dividend of C$2.25 per share and currently has a dividend yield of 4.81%. IGM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of IGM Financial is 57.25%. This payout ratio is at a healthy, sustainable level, below 75%.
View IGM Financial's dividend history.

What price target have analysts set for IGM?

9 brokers have issued 12-month price targets for IGM Financial's stock. Their forecasts range from C$54.00 to C$60.00. On average, they expect IGM Financial's share price to reach C$57.25 in the next twelve months. This suggests a possible upside of 21.3% from the stock's current price.
View analysts' price targets for IGM Financial
or view top-rated stocks among Wall Street analysts.

Who are IGM Financial's key executives?

IGM Financial's management team includes the following people:
  • Mr. James O'Sullivan, Pres, CEO & Director (Age 57, Pay $1.96M)
  • Mr. Luke Gould, Exec. VP & CFO
  • Mr. Jeffrey Robert Carney CFA, Advisor (Age 59, Pay $3.59M)
  • Mr. Damon Murchison, Pres & CEO of IG Wealth Management
  • Mr. Barry Sean McInerney CFA, Pres & CEO of Mackenzie Investments
  • Mr. Michael Dibden, Chief Operating Officer
  • Mr. Keith Potter, Head of Investor Relations & Treasurer
  • Ms. Rhonda Suzanne Goldberg, Exec. VP & Gen. Counsel
  • Mr. Douglas Gordon McIntosh Milne, Exec. VP and Chief Marketing & Strategy Officer
  • Mr. Blaine Shewchuk, Exec. VP, Chief Strategy & Corp. Devel. Officer

What is IGM Financial's stock symbol?

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

How do I buy shares of IGM Financial?

Shares of IGM and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is IGM Financial's stock price today?

One share of IGM stock can currently be purchased for approximately C$47.18.

How much money does IGM Financial make?

IGM Financial has a market capitalization of C$11.28 billion and generates C$3.82 billion in revenue each year.

How many employees does IGM Financial have?

IGM Financial employs 3,300 workers across the globe.

What is IGM Financial's official website?

The official website for IGM Financial is www.igmfinancial.com.

Where are IGM Financial's headquarters?

IGM Financial is headquartered at 447 Portage Avenue, WINNIPEG, MB R3C 3B6, Canada.

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.


This page was last updated on 12/8/2021 by MarketBeat.com Staff

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