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
SymbolTSE:IGM
CUSIPN/A
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
Market CapC$9,690.00
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 yield of 5.74%. The ex-dividend date of this dividend is Wednesday, March 28th. View IGM Financial's Dividend History.
How were IGM Financial's earnings last quarter?
IGM Financial Inc. (TSE:IGM) announced its earnings results on Friday, May, 4th. The financial services provider reported $0.77 earnings per share for the quarter, topping the 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 return on equity of 4.32% and a net margin of 6.87%. View IGM Financial's Earnings History.
When is IGM Financial's next earnings date?
What price target have analysts set for IGM?
5 analysts have issued 12-month price objectives for IGM Financial's stock. Their predictions range from C$40.00 to C$50.00. On average, they expect IGM Financial's stock price to reach C$47.38 in the next year. This suggests a possible upside of 20.7% from the stock's current price. View Analyst Ratings for IGM Financial.
What is the consensus analysts' recommendation for IGM Financial?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IGM Financial in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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 NV (EPA) (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?
Press coverage about IGM stock has been trending somewhat positive on Friday, according to Accern. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. IGM Financial earned a news sentiment score of 0.21 on Accern's scale. They also gave news headlines about the financial services provider an impact score of 46.01 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
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$39.24.
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 (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.
