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

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C$36.24 -0.34 (-0.93 %)
(As of 04/23/2019 06:16 AM ET)
Previous CloseC$36.58
Today's RangeC$36.09 - C$36.72
52-Week RangeC$29.84 - C$39.96
Volume140,423 shs
Average Volume233,610 shs
Market CapitalizationC$8.73 billion
P/E Ratio11.40
Dividend Yield6.15%
BetaN/A
IGM Financial Inc., a financial services company, 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 tools; mutual funds; 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
CUSIPN/A
CIKN/A
Phone+1-204-9430361

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$3.41 billion
Cash FlowC$3.06 per share
Book ValueC$18.48 per share

Profitability

Miscellaneous

Employees3,308
Market CapC$8.73 billion
Next Earnings Date5/3/2019 (Confirmed)
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, February 8th. Shareholders of record on Friday, March 29th will be given a dividend of 0.563 per share on Tuesday, April 30th. This represents a $2.25 annualized dividend and a yield of 6.21%. The ex-dividend date is Thursday, March 28th. This is a boost from IGM Financial's previous quarterly dividend of $0.56. View IGM Financial's Dividend History.

How were IGM Financial's earnings last quarter?

IGM Financial Inc. (TSE:IGM) posted its earnings results on Friday, February, 8th. The financial services provider reported $0.75 EPS for the quarter, missing analysts' consensus estimates of $0.77 by $0.02. The financial services provider had revenue of $791.47 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, May 3rd 2019. View Earnings Estimates for IGM Financial.

What price target have analysts set for IGM?

7 brokers have issued 1 year price targets for IGM Financial's shares. Their forecasts range from C$31.00 to C$47.00. On average, they expect IGM Financial's share price to reach C$38.13 in the next twelve months. This suggests a possible upside of 5.2% from the stock's current price. View Analyst Price Targets for IGM Financial.

What is the consensus analysts' recommendation for IGM Financial?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IGM Financial in the last year. There are currently 3 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?

Media headlines about IGM stock have been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. IGM Financial earned a news sentiment score of -1.4 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Who are some of IGM Financial's key competitors?

What other stocks do shareholders of IGM Financial own?

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. Luke Gould, Exec. VP of Fin. & CFO
  • Mr. Michael Dibden, Chief Operating Officer
  • 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)

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$36.24.

How big of a company is IGM Financial?

IGM Financial has a market capitalization of C$8.73 billion and generates C$3.41 billion in revenue each year. IGM Financial employs 3,308 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:  236 (Vote Outperform)
Underperform Votes:  545 (Vote Underperform)
Total Votes:  781
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 4/23/2019 by MarketBeat.com Staff

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