TSE:IGM - IGM Financial Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
C$32.78 -0.15 (-0.46 %)
(As of 01/23/2019 06:21 AM ET)
Previous CloseC$32.93
Today's RangeC$32.48 - C$33.12
52-Week RangeC$29.84 - C$44.12
Volume287,300 shs
Average Volume222,053 shs
Market CapitalizationC$7.89 billion
P/E Ratio12.37
Dividend Yield6.83%
BetaN/A
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.

Receive IGM News and Ratings via Email

Sign-up to receive the latest news and ratings for IGM and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Asset Management
Sub-IndustryN/A
SectorFinancial Services
CUSIPN/A
Phone+1-204-9430361

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$3.41 billion
Cash FlowC$4.16 per share
Book ValueC$18.27 per share

Profitability

Miscellaneous

Employees3,286
Market CapC$7.89 billion
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 announced a quarterly dividend on Friday, December 28th. Shareholders of record on Thursday, January 31st will be paid a dividend of 0.5625 per share on Thursday, January 31st. This represents a $2.25 annualized dividend and a yield of 6.86%. The ex-dividend date of this dividend is Friday, December 28th. View IGM Financial's Dividend History.

How were IGM Financial's earnings last quarter?

IGM Financial Inc. (TSE:IGM) announced its quarterly earnings data on Friday, November, 2nd. The financial services provider reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.06. The financial services provider had revenue of $831.99 million for the quarter. 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 Friday, February 8th 2019. View Earnings Estimates for IGM Financial.

What price target have analysts set for IGM?

6 brokerages have issued twelve-month price targets for IGM Financial's shares. Their predictions range from C$31.00 to C$48.00. On average, they anticipate IGM Financial's share price to reach C$39.50 in the next year. This suggests a possible upside of 20.5% 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 2 hold ratings and 4 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?

News headlines about IGM stock have trended positive on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. IGM Financial earned a news sentiment score of 2.8 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 8.0 out of 10, indicating that recent media coverage is very likely to have an impact on the company's share price in the near future.

Who are some of IGM Financial's key competitors?

Who are IGM Financial's key executives?

IGM Financial's management team includes the folowing people:
  • Mr. Jeffrey Robert Carney, Pres, CEO & Director (Age 57)
  • Mr. Barry Sean McInerney, Pres & CEO of Mackenzie Investments
  • Mr. Tony H. Elavia Ph.D., Exec. VP & Chief Investment Officer of Mackenzie Investments (Age 63)
  • 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$32.78.

How big of a company is IGM Financial?

IGM Financial has a market capitalization of C$7.89 billion and generates C$3.41 billion in revenue each year. IGM Financial employs 3,286 workers across the globe.

What is IGM Financial's official website?

The official website for IGM Financial is http://www.igmfinancial.com/.

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)

Community Ranking:  1.5 out of 5 (star half star)
Outperform Votes:  229 (Vote Outperform)
Underperform Votes:  527 (Vote Underperform)
Total Votes:  756
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.
This page was last updated on 1/23/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel