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IGM - IGM Financial Inc Share Price

C$33.08 -0.5  -1.6%

Last Trade - 07/08/20

Sector
Financials
Size
Large Cap
Market Cap £4.51bn
Enterprise Value £9.21bn
Revenue £1.79bn
Position in Universe 72nd / 2679
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -4.60%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -18.1%
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 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
2,831 2,917 2,941 3,058 3,099 3,127 3,105 3,302 +2.0%
-1.3 +4.3 +2.7 -2.4 +4.7 -4.2 -2.66 +10.6
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 30 June 2020, IGM Financial Inc. revenues decreased 3% to C$1.49B. Net income applicable to common stockholders decreased 2% to C$344.4M. Revenues reflect Investors Group Wealth Management segment decrease of 4% to C$953.5M, Corporate and Other segment decrease of 2% to C$207.1M. Net income also reflects Interest increase of 4% to C$54.8M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
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 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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DPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

IGM Financial Inc. is a Canada-based wealth and asset management company. The Company’s principal businesses are Investors Group Inc. and Mackenzie Financial Corporation, which operates within the advice segment of the financial services market. Its segments include IG Wealth Management and Mackenzie Investments, and Corporate and Other. IG Wealth Management is a provider of personal financial planning and wealth management through its network of Consultants to individuals, families and business owners in Canada. Mackenzie Investments is a diversified asset management solutions provider with investment managers providing investment mandates to external advisors serving various clients, including retail and institutional investors. Corporate and Other segment includes its share of earnings of its associates, Great-West Lifeco Inc. (Lifeco), China Asset Management Co., Ltd. (China AMC) and Personal Capital Corporation (Personal Capital).

Directors
Last Annual December 31st, 2019
Last Interim March 31st, 2020
Incorporated August 3, 1978
Public Since November 13, 1986
No. of Shareholders: n/a
No. of Employees: 3,378
Sector Financials
Industry Investment Banking & Investment Services
Index S&P/TSX Composite , S&P - Tse 300 Capped ,
Exchange Toronto Stock Exchange
Shares in Issue 238,308,284
Free Float (0.0%)
Eligible for
ISAs
SIPPs
IGM Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for IGM
Upcoming Events for IGM
Tuesday 29th September, 2020
Dividend For IGM.TO - 0.5625 CAD
Friday 6th November, 2020
Q3 2020 IGM Financial Inc Earnings Call
Friday 6th November, 2020
Q3 2020 IGM Financial Inc Earnings Release
Frequently Asked Questions for IGM Financial Inc
What is the IGM Financial Inc share price?

As of 07/08/20, shares in IGM Financial Inc are trading at C$33.08, giving the company a market capitalisation of £4.51bn. This share price information is delayed by 15 minutes.

How has the IGM Financial Inc share price performed this year?

Shares in IGM Financial Inc are currently trading at C$33.08 and the price has moved by -6.45% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the IGM Financial Inc price has moved by -7.79% over the past year.

What are the analyst and broker recommendations for IGM Financial Inc?

Of the analysts with advisory recommendations for IGM Financial Inc, there are there are currently 0 "buy" , 4 "hold" and 0 "sell" recommendations. The overall consensus recommendation for IGM Financial Inc is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will IGM Financial Inc next release its financial results?

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

Interim results are scheduled for: 2021-03-31
What is the IGM Financial Inc dividend yield?

The IGM Financial Inc dividend yield is 6.8% based on the trailing twelve month period.

Does IGM Financial Inc pay a dividend?

Last year, IGM Financial Inc paid a total dividend of 2.25, and it currently has a trailing dividend yield of 6.8%. Looking ahead, IGM Financial Inc has not announced an ex-dividend date yet.

When does IGM Financial Inc next pay dividends?

IGM Financial Inc has yet to annouce their ex-dividend date. The historic dividend yield on IGM Financial Inc shares is currently 6.8%.

How do I buy IGM Financial Inc shares?

To buy shares in IGM Financial Inc 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 IGM Financial Inc?

Shares in IGM Financial Inc are currently trading at C$33.08, giving the company a market capitalisation of £4.51bn.

Where are IGM Financial Inc shares listed? Where are IGM Financial Inc shares listed?

Here are the trading details for IGM Financial Inc:

Country of listing: Canada
Exchange: TOR
Ticker Symbol: IGM
What kind of share is IGM Financial Inc?

Based on an overall assessment of its quality, value and momentum, IGM Financial Inc is currently classified as a Super Stock. 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 IGM Financial Inc share price forecast 2020?

Shares in IGM Financial Inc are currently priced at C$33.08. At that level they are trading at 6.23% discount to the analyst consensus target price of 0.00.

Analysts covering IGM Financial Inc currently have a consensus Earnings Per Share (EPS) forecast of 3.039 for the next financial year.

How can I tell whether the IGM Financial Inc 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 IGM Financial Inc. Over the past six months, the relative strength of its shares against the market has been -9.7%. At the current price of C$33.08, shares in IGM Financial Inc are trading at -2.45% 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 IGM Financial Inc PE Ratio?

The IGM Financial Inc PE ratio based on its reported earnings over the past 12 months is 10.66. The shares are currently trading at C$33.08.

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 IGM Financial Inc?

IGM Financial Inc's management team is headed by:

Andre Desmarais - IND
Paul Desmarais - IND
R. Jeffrey Orr - CHM
Marc Bibeau - IND
Jeffrey Carney - PRE
Kathy Allan - CHO
Luke Gould - CFO
Marcel Coutu - IND
Donald MacDonald - SVP
Barry McInerney - CEX
Rhonda Goldberg - SVP
Gary Doer - IND
Michael Dibden - COO
Charles McDevitt - EVP
Douglas Milne - EVP
Christopher Reynolds - CEX
Cynthia Currie - CHO
Who are the major shareholders of IGM Financial Inc?

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

Power Financial Corp Corporation
Percentage owned: 65.94% (157.1m shares)
BlackRock Institutional Trust Company, N.A. Investment Advisor
Percentage owned: 1.23% (2.94m shares)
The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 0.99% (2.37m shares)
Fidelity Investments Canada ULC Investment Advisor
Percentage owned: 0.91% (2.17m shares)
Fidelity Management & Research Company Investment Advisor
Percentage owned: 0.78% (1.86m shares)
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