S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
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West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Free Stock Analysis Report: See The True Value of Any Stock (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Free Stock Analysis Report: See The True Value of Any Stock (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Free Stock Analysis Report: See The True Value of Any Stock (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture

IGM Financial (IGM) Competitors

C$35.83
-0.21 (-0.58%)
(As of 02/23/2024 ET)

IGM vs. ONEX, CIX, BAM, X, IAG, DFY, ELF, EQB, GSY, and CWB

Should you be buying IGM Financial stock or one of its competitors? The main competitors of IGM Financial include Onex (ONEX), CI Financial (CIX), Brookfield Asset Management (BAM), TMX Group (X), iA Financial (IAG), Definity Financial (DFY), E-L Financial (ELF), EQB (EQB), goeasy (GSY), and Canadian Western Bank (CWB). These companies are all part of the "financial services" sector.

IGM Financial vs.

IGM Financial (TSE:IGM) and Onex (TSE:ONEX) are both mid-cap financial services companies, but which is the superior business? We will compare the two companies based on the strength of their media sentiment, valuation, dividends, community ranking, institutional ownership, analyst recommendations, risk, profitability and earnings.

Onex has a net margin of 48.76% compared to IGM Financial's net margin of 32.28%. IGM Financial's return on equity of 14.32% beat Onex's return on equity.

Company Net Margins Return on Equity Return on Assets
IGM Financial32.28% 14.32% 4.22%
Onex 48.76%7.31%4.41%

IGM Financial currently has a consensus price target of C$42.17, suggesting a potential upside of 17.69%. Onex has a consensus price target of C$106.67, suggesting a potential upside of 4.78%. Given IGM Financial's higher possible upside, analysts clearly believe IGM Financial is more favorable than Onex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IGM Financial
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50
Onex
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.75

In the previous week, Onex had 3 more articles in the media than IGM Financial. MarketBeat recorded 8 mentions for Onex and 5 mentions for IGM Financial. Onex's average media sentiment score of 0.61 beat IGM Financial's score of 0.20 indicating that Onex is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
IGM Financial
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Onex
2 Very Positive mention(s)
5 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

8.5% of IGM Financial shares are owned by institutional investors. Comparatively, 36.5% of Onex shares are owned by institutional investors. 0.1% of IGM Financial shares are owned by company insiders. Comparatively, 17.6% of Onex shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

IGM Financial has a beta of 1.56, indicating that its share price is 56% more volatile than the S&P 500. Comparatively, Onex has a beta of 1.57, indicating that its share price is 57% more volatile than the S&P 500.

IGM Financial pays an annual dividend of C$2.25 per share and has a dividend yield of 6.3%. Onex pays an annual dividend of C$0.40 per share and has a dividend yield of 0.4%. IGM Financial pays out 56.0% of its earnings in the form of a dividend. Onex pays out 4.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

IGM Financial has higher revenue and earnings than Onex. IGM Financial is trading at a lower price-to-earnings ratio than Onex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
IGM FinancialC$3.56B2.40C$925.76MC$4.028.91
OnexC$1.21B6.51C$591MC$9.5310.68

IGM Financial received 16 more outperform votes than Onex when rated by MarketBeat users. However, 57.37% of users gave Onex an outperform vote while only 45.23% of users gave IGM Financial an outperform vote.

CompanyUnderperformOutperform
IGM FinancialOutperform Votes
308
45.23%
Underperform Votes
373
54.77%
OnexOutperform Votes
292
57.37%
Underperform Votes
217
42.63%

Summary

Onex beats IGM Financial on 13 of the 19 factors compared between the two stocks.


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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding IGM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

IGM vs. The Competition

MetricIGM FinancialAsset Management IndustryFinancial SectorTSE Exchange
Market CapC$8.53BC$910.37MC$3.72BC$5.13B
Dividend Yield6.18%13.43%4.60%5.64%
P/E Ratio8.911,005.50459.3927.49
Price / Sales2.4014,576.232,252.301,359.38
Price / Cash8.7585.4849.3279.72
Price / Book1.281.761.732.58
Net IncomeC$925.76MC$55.47MC$386.94MC$296.48M
7 Day Performance2.08%0.26%0.34%0.93%
1 Month Performance-1.51%0.96%7.84%1.87%
1 Year Performance-14.06%-2.76%1.92%3.07%

IGM Financial Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ONEX
Onex
0.7514 of 5 stars
C$102.65
-0.1%
C$106.67
+3.9%
+47.2%C$7.94BC$1.21B10.77597News Coverage
CIX
CI Financial
2.0595 of 5 stars
C$16.04
-1.3%
C$18.64
+16.2%
+8.0%C$2.51BC$3.12B45.832,416Earnings Report
Analyst Report
Analyst Revision
News Coverage
Gap Up
BAM
Brookfield Asset Management
0 of 5 stars
C$55.15
+0.1%
N/A+20.4%C$21.52BC$4.06B36.522,500News Coverage
Positive News
Gap Down
X
TMX Group
1.1723 of 5 stars
C$34.19
+0.0%
C$35.86
+4.9%
-74.9%C$9.46BC$2.90B26.711,803Dividend Announcement
High Trading Volume
IAG
iA Financial
2.0137 of 5 stars
C$93.75
+1.2%
C$67.83
-27.6%
-3.7%C$9.87BC$17.18B8.155,222Dividend Increase
Analyst Report
Analyst Revision
News Coverage
DFY
Definity Financial
2.2718 of 5 stars
C$43.77
+4.3%
C$46.85
+7.0%
+25.4%C$5.07BC$4.17B11.373,555Analyst Report
High Trading Volume
ELF
E-L Financial
0 of 5 stars
C$1,032.49
+2.2%
N/A+10.6%C$3.57BC$1.15B3.992,018News Coverage
EQB
EQB
2.7803 of 5 stars
C$90.85
+2.4%
C$101.00
+11.2%
+42.5%C$3.46BC$1.12B9.761,743Upcoming Earnings
Analyst Report
Analyst Revision
News Coverage
GSY
goeasy
3.9025 of 5 stars
C$172.48
-2.6%
C$186.33
+8.0%
+31.5%C$2.87BC$736.86M11.912,400
CWB
Canadian Western Bank
3.6262 of 5 stars
C$29.20
+3.0%
C$34.09
+16.7%
+4.3%C$2.82BC$1.09B8.642,505Analyst Upgrade
Analyst Revision

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This page (TSE:IGM) was last updated on 2/25/2024 by MarketBeat.com Staff