TSE:IGM

IGM Financial Stock Forecast, Price & News

C$44.03
+0.17 (+0.39 %)
(As of 07/30/2021 12:00 AM ET)
Add
Compare
Today's Range
C$43.75
C$44.21
50-Day Range
C$42.64
C$45.20
52-Week Range
C$28.88
C$45.66
Volume306,061 shs
Average Volume334,640 shs
Market CapitalizationC$10.50 billion
P/E Ratio13.03
Dividend Yield5.13%
BetaN/A
30 days | 90 days | 365 days | Advanced Chart
Receive IGM News and Ratings via Email

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


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

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

2.32 out of 5 stars

Analyst Opinion: 3.3Community Rank: 3.1Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











IGM Financial (TSE:IGM) Frequently Asked Questions

Is IGM Financial a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for IGM Financial in the last year. There are currently 4 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" IGM Financial stock.
View analyst ratings for IGM Financial
or view top-rated stocks.

What stocks does MarketBeat like better than IGM Financial?

Wall Street analysts have given IGM Financial a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but IGM Financial wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is IGM Financial's next earnings date?

IGM Financial is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for IGM Financial
.

How were IGM Financial's earnings last quarter?

IGM Financial Inc. (TSE:IGM) announced its quarterly earnings data on Thursday, May, 6th. The financial services provider reported $0.85 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.87 by $0.02. The financial services provider earned $800.46 million during the quarter, compared to the consensus estimate of $806 million.
View IGM Financial's earnings history
.

How has IGM Financial's stock been impacted by Coronavirus?

IGM Financial's stock was trading at C$31.09 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, IGM shares have increased by 41.6% and is now trading at C$44.03.
View which stocks have been most impacted by COVID-19
.

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

IGM Financial announced a quarterly dividend on Thursday, November 5th. Stockholders of record on Thursday, December 31st will be given a dividend of 0.563 per share on Friday, January 29th. This represents a $2.25 annualized dividend and a dividend yield of 5.11%. The ex-dividend date is Wednesday, December 30th.
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 5.13%. 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 66.57%. 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?

8 brokerages have issued 1-year price objectives for IGM Financial's stock. Their forecasts range from C$44.00 to C$56.00. On average, they expect IGM Financial's stock price to reach C$50.75 in the next year. This suggests a possible upside of 15.3% 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

Who are some of IGM Financial's key competitors?

What other stocks do shareholders of IGM Financial own?

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$44.03.

How much money does IGM Financial make?

IGM Financial has a market capitalization of C$10.50 billion and generates C$3.55 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 8/1/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.