TSE:IGM IGM Financial (IGM) Stock Price, News & Analysis C$47.05 -0.14 (-0.30%) (As of 11/22/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlines About IGM Financial Stock (TSE:IGM) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get IGM Financial alerts:Sign Up Key Stats Today's RangeC$46.87▼C$47.5450-Day RangeC$38.65▼C$47.1952-Week RangeC$32.95▼C$47.58Volume349,900 shsAverage Volume247,739 shsMarket CapitalizationC$11.13 billionP/E Ratio13.25Dividend Yield4.78%Price TargetC$49.29Consensus RatingModerate Buy Company OverviewIGM Financial Inc. operates as a wealth and asset management company in Canada. It operates through Wealth Management and Asset Management segments. The Wealth Management segment offers investments that are focused on providing financial planning and related services; and provides mutual fund management and discretionary portfolio management services. The Asset Management segment provides investment management services to a suite of investment funds distributed through third party dealers and financial advisors. It also offers insurance and banking products and services. The company was incorporated in 1978 and is based in Winnipeg, Canada. IGM Financial Inc. operates as a subsidiary of Power Financial Corporation.Read More… Download Our Tesla Ebook For Free (Ad)Like many of you, we here at the TradingPub are bullish on Tesla long term. We believe the company will continue to be a leader in technology, EVs and A.I. We also believe it’s share price will be rewarded in a big way… In fact, our #1 Tesla expert just published a brand new Ebook regarding Tesla’s future, and we’d like to send it to you at no cost.To claim your copy free of charge simply follow this link. IGM Financial Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks25th Percentile Overall ScoreIGM MarketRank™: IGM Financial scored higher than 25% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.3 / 5Analyst RatingModerate Buy Consensus RatingIGM Financial 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 CoverageIGM Financial has only been the subject of 2 research reports in the past 90 days.Read more about IGM Financial's stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of IGM Financial is 13.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.67.Price to Earnings Ratio vs. SectorThe P/E ratio of IGM Financial is 13.25, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 404.29.Price to Earnings Growth RatioIGM Financial has a PEG Ratio of 4.09. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioIGM Financial has a P/B Ratio of 1.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about IGM Financial's valuation and earnings. Short InterestN/AShort Interest LevelN/A Short InterestThere is no current short interest data available for IGM. Dividend2.5 / 5Dividend StrengthModerate Dividend LeadershipIGM Financial is a leading dividend payer. It pays a dividend yield of 5.44%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthIGM Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of IGM Financial is 63.38%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about IGM Financial's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Short InterestThere is no current short interest data available for IGM. News and Social Media1.9 / 5News SentimentN/A News SentimentIGM Financial has a news sentiment score of 0.35. 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 0.64 average news sentiment score of Financial Services companies.News Coverage This WeekMarketBeat has tracked 1 news article for IGM Financial this week, compared to 3 articles on an average week.Search InterestOnly 2 people have searched for IGM on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows2 people have added IGM Financial to their MarketBeat watchlist in the last 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, IGM Financial insiders have not sold or bought any company stock.Percentage Held by Insiders66.58% of the stock of IGM Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 8.03% of the stock of IGM Financial is held by institutions.Read more about IGM Financial's insider trading history. Receive IGM Stock 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. Email Address IGM Stock News HeadlinesIGM Financial Ranked as a Top 100 Canadian Employer by Mediacorp CanadaNovember 16, 2024 | finance.yahoo.comIGM’s culture champions putting people firstNovember 15, 2024 | theglobeandmail.comWhen it comes to NVDA… “acceleration cycles” are the keyExpert options trader Graham Lindman has been working on a new way to tap into Nvidia’s options… By simply isolating outsized “acceleration cycles” within Nvidia stock (most investors don’t even know it exists)... And thanks to many months and late nights working out the kinks of the systems… They have finally found a way to target these cycles on Nvidia over and over again.November 23, 2024 | DTI (Ad)IGM Financial (TSE:IGM) Price Target Raised to C$47.00November 14, 2024 | americanbankingnews.comIGM Financial (TSE:IGM) Hits New 1-Year High Following Analyst UpgradeNovember 14, 2024 | americanbankingnews.comIGM Financial Third Quarter 2024 Earnings: In Line With ExpectationsNovember 10, 2024 | finance.yahoo.comIGM Financial Reports Strong Q3 Earnings GrowthNovember 9, 2024 | markets.businessinsider.comIGM FINANCIAL INC. ANNOUNCES OCTOBER 2024 ASSETS UNDER MANAGEMENT & ADVISEMENT AND NET FLOWSNovember 6, 2024 | theglobeandmail.comSee More Headlines IGM Stock Analysis - Frequently Asked Questions How have IGM shares performed this year? IGM Financial's stock was trading at C$35.01 at the beginning of the year. Since then, IGM shares have increased by 34.4% and is now trading at C$47.05. View the best growth stocks for 2024 here. How do I buy shares of IGM Financial? Shares of IGM 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. What other stocks do shareholders of IGM Financial own? Based on aggregate information from My MarketBeat watchlists, some other companies that IGM Financial investors own include First Trust RiverFront Dynamic Developed International ETF (RFDI), Consumer Staples Select Sector SPDR Fund (XLP), TELUS (T), RiverFront Dynamic US Flex-Cap ETF (RFFC), Royal Bank of Canada (RY), Enbridge (ENB) and Toronto-Dominion Bank (TD). Company Calendar Ex-Dividend for 10/31 Dividend9/27/2024Dividend Payable10/31/2024Today11/23/2024Next Earnings (Estimated)2/20/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorFinancial Services Industry Asset Management Sub-IndustryN/A Current SymbolTSE:IGM CUSIPN/A CIKN/A Webwww.igmfinancial.com Phone+1-204-9430361FaxN/AEmployees3,300Year FoundedN/APrice Target and Rating Average Stock Price TargetC$49.29 High Stock Price TargetC$56.00 Low Stock Price TargetC$45.00 Potential Upside/Downside+4.8%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)C$3.55 Trailing P/E Ratio13.25 Forward P/E Ratio11.74 P/E Growth4.09Net IncomeC$850.71 million Net Margins29.47% Pretax MarginN/A Return on Equity12.80% Return on Assets4.51% Debt Debt-to-Equity Ratio35.99 Current Ratio2.12 Quick Ratio0.31 Sales & Book Value Annual SalesC$3.63 billion Price / Sales3.07 Cash FlowC$5.38 per share Price / Cash Flow8.75 Book ValueC$29.84 per share Price / Book1.58Miscellaneous Outstanding Shares236,650,000Free FloatN/AMarket CapC$11.13 billion OptionableNot Optionable Beta1.53 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. 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