AGF Management (AGF.B) Stock Price, News & Analysis

Company Overview

AGF Management Limited is one of Canada's premier investment management companies with offices across Canada and subsidiaries around the world. 2007 marks AGF's 50th anniversary ofproviding Canadians with innovative investment solutions across the wealth continuum. AGF's products and services include a diversified family of more than 50 mutual funds, the evolutionary AGF Elements portfolios, the Harmony asset management program, AGF Private Investment Management, Institutional Account Services and AGF Trust GICs, loans and mortgages. With approximately $53 billion in total assets under management, AGF serves more than one million investors. AGF trades on the Toronto Stock Exchange under the symbol [AGF.B].

Key Stats

• Today's Range: C$10.33 to C$11.00
• 50-Day Range: C$7.68 to C$11.03
• 52-Week Range: C$6.30 to C$11.11
• Volume: 348,500 shs
• Average Volume: 71,997 shs
• Market Capitalization: C$677.55 million
• P/E Ratio: 8.29
• Dividend Yield: 4.34%
• Price Target: C$11.82
• Consensus Rating: Moderate Buy

AGF Management Stock Analysis - MarketRank™

AGF Management scored higher than 59% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

AGF Management has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

AGF Management has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of AGF Management is 8.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.47.

Price to Earnings Ratio vs. Sector

The P/E ratio of AGF Management is 8.29, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 399.79.

Price to Earnings Growth Ratio

AGF Management has a PEG Ratio of 1.18. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

AGF Management has a P/B Ratio of 0.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for AGF.B.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

AGF Management is a leading dividend payer. It pays a dividend yield of 4.39%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

AGF Management does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of AGF Management is 35.94%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for AGF.B.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.20

News Sentiment

AGF Management has a news sentiment score of 0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Financial Services companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for AGF Management this week, compared to 2 articles on an average week.

MarketBeat Follows

1 people have added AGF Management to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, AGF Management insiders have bought 19.83% more of their company's stock than they have sold. Specifically, they have bought C$411,226.00 in company stock and sold C$343,178.00 in company stock.

Percentage Held by Insiders

18.70% of the stock of AGF Management is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 12.86% of the stock of AGF Management is held by institutions.

AGF.B Stock Analysis - Frequently Asked Questions

How have AGF.B shares performed this year?

AGF Management's stock was trading at C$7.71 at the start of the year. Since then, AGF.B shares have increased by 37.6% and is now trading at C$10.61.
View the best growth stocks for 2024 here.

How do I buy shares of AGF Management?

Shares of AGF.B stock 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.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Trading
• Current Symbol: TSE:AGF.B
• CUSIP: N/A
• CIK: N/A
• Web: www.agf.com
• Phone: 416-367-1900
• Fax: N/A
• Employees: 652
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$11.82
• High Stock Price Target: C$17.00
• Low Stock Price Target: C$10.00
• Potential Upside/Downside: +11.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$1.28
• Trailing P/E Ratio: 8.29
• Forward P/E Ratio: 6.80
• P/E Growth: 1.18
• Net Income: C$85.73 million
• Net Margins: 16.58%
• Pretax Margin: N/A
• Return on Equity: 7.64%
• Return on Assets: 5.20%

Debt

• Debt-to-Equity Ratio: 11.27
• Current Ratio: 1.19
• Quick Ratio: 1.75

Sales & Book Value

• Annual Sales: C$517.16 million
• Price / Sales: 1.31
• Cash Flow: C$1.80 per share
• Price / Cash Flow: 5.89
• Book Value: C$17.13 per share
• Price / Book: 0.62

Miscellaneous

• Outstanding Shares: 63,860,000
• Free Float: N/A
• Market Cap: C$677.55 million
• Optionable: Not Optionable
• Beta: 1.73