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CIXX - CI Financial Share Price

$13.45 -0.1  -0.8%

Last Trade - 04/03/21

Sector
Financials
Size
Mid Cap
Market Cap £2.03bn
Enterprise Value £3.13bn
Revenue £1.16bn
Position in Universe 1883rd / 6642
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +3.76%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -12.9%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
1,998 1,948 2,111 2,236 2,122 2,050 2,432 2,532 +0.5%
+7.4 -6.4 +11.9 +14.6 -3.8 -3.5 +24.1 +6.64
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 December 2020, CIFinancial Corp revenues decreased 3% to C$2.05B. Net incomedecreased 12% to C$476M. Revenues reflect Asset Managementsegment decrease of 9% to C$1.65B. Net income also reflectsOther Expenses increase of 80% to C$79M (expense),Amortization of Intangibles increase of 71% to C$19.3M(expense). Dividend per share remained flat at C$0.72.
Health Trend(F-Score)
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Distress
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Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
1m Change
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

CI Financial Corp (CI) is a Canada-based asset and wealth management company. The Company operates through two business segments: Asset Management and Wealth Management. The Company primarily operates its Asset Management businesses through CI Investments Inc and GSFM Pty Ltd. The Company operates its Wealth Management Segment through Assante Wealth Management (Canada) Ltd., CI Private Counsel LP, CI Direct Investing (WealthBar Financial Services Inc.), BBS Securities Inc., The Cabana Group, LLC, Congress Wealth Management, One Capital Management, LLC and Surevest LLC. The Asset Management segment derives its revenue principally from the fees earned on the management of investment funds and other fee-earning investment products. The Wealth Management segment derives its revenue principally from fees and commissions from ongoing service, financial planning and advice (which may include investment management services), and on the sale of investment funds and other financial products.

Directors
Last Annual December 31st, 2020
Last Interim December 31st, 2020
Incorporated November 12, 2008
Public Since June 20, 1994
No. of Shareholders: n/a
No. of Employees: 1,793
Sector Financials
Industry Investment Banking & Investment Services
Index
Exchange New York Stock Exchange (Dual Listing)
Shares in Issue 209,311,546
Free Float (0.0%)
Eligible for
ISAs
SIPPs
CIXX Share Price Performance
Share Price
Bid - Ask
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Latest News for CIXX
Upcoming Events for CIXX
Frequently Asked Questions for CI Financial
What is the CI Financial share price?

As of 04/03/21, shares in CI Financial are trading at $13.45, giving the company a market capitalisation of £2.03bn. This share price information is delayed by 15 minutes.

How has the CI Financial share price performed this year?

Shares in CI Financial are currently trading at $13.45 and the price has moved by -20.11% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the CI Financial price has moved by -35.39% over the past year.

What are the analyst and broker recommendations for CI Financial?

There are no analysts currently covering CI Financial.

When will CI Financial next release its financial results?

CI Financial is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the CI Financial dividend yield?

The CI Financial dividend yield is 4.2% based on the trailing twelve month period.

Does CI Financial pay a dividend?

Last year, CI Financial paid a total dividend of 0.72, and it currently has a trailing dividend yield of 4.2%. Looking ahead, shares in CI Financial are due to go ex-dividend on 2021-03-30 and the next dividend pay date is 2021-04-15.

When does CI Financial next pay dividends?

CI Financial are due to go ex-dividend on 2021-03-30 and the next dividend pay date is 2021-04-15. The historic dividend yield on CI Financial shares is currently 4.2%.

How do I buy CI Financial shares?

To buy shares in CI Financial you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of CI Financial?

Shares in CI Financial are currently trading at $13.45, giving the company a market capitalisation of £2.03bn.

Where are CI Financial shares listed? Where are CI Financial shares listed?

Here are the trading details for CI Financial:

Country of listing: United States
Exchange: NYQ
Ticker Symbol: CIXX
What kind of share is CI Financial?

Based on an overall assessment of its quality, value and momentum, CI Financial is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a CI Financial share price forecast 2021?

Shares in CI Financial are currently priced at $13.45. At that level they are trading at 30.44% discount to the analyst consensus target price of 0.00.

Analysts covering CI Financial currently have a consensus Earnings Per Share (EPS) forecast of 2.739 for the next financial year.

How can I tell whether the CI Financial share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like CI Financial. Over the past six months, the relative strength of its shares against the market has been -16.14%. At the current price of $13.45, shares in CI Financial are trading at -0.92% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the CI Financial PE Ratio?

The CI Financial PE ratio based on its reported earnings over the past 12 months is 7.77. The shares are currently trading at $13.45.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of CI Financial?

CI Financial's management team is headed by:

William Holland - CHM
Douglas Jamieson - CFO
Sheila Murray - DRC
Thomas Muir - LED
David Miller - IND
Rohit Mehta - EVP
Darie Urbanky - PRE
Brigette Chang-Addorisio - IND
William Butt - IND
Kurt MacAlpine - CEO
Edward Kelterborn - OTH
Lorraine Blair - EVP
Roy Ratnavel - EVP
Who are the major shareholders of CI Financial?

Here are the top five shareholders of CI Financial based on the size of their shareholding:

Manulife Investment Management (North America) Limited Investment Advisor
Percentage owned: 5.21% (10.9m shares)
Chang (G Raymond) Individual Investor
Percentage owned: 4.88% (10.2m shares)
Manulife Monthly High Income Fund Mutual Fund
Percentage owned: 4.09% (8.57m shares)
Holland (William Thomas) Individual Investor
Percentage owned: 4.09% (8.57m shares)
Fidelity Investments Canada ULC Investment Advisor
Percentage owned: 4.09% (8.56m shares)
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