IGM Financial (IGIFF) Stock Price, News & Analysis

Company Overview

IGM 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.

Key Stats

• Today's Range: $30.78 to $30.78
• 50-Day Range: $27.92 to $32.52
• 52-Week Range: $25.03 to $33.94
• Volume: 7,030 shs
• Average Volume: 5,448 shs
• Market Capitalization: N/A
• P/E Ratio: 9.71
• Dividend Yield: 6.99%
• Price Target: N/A
• Consensus Rating: Buy

IGM Financial Stock Analysis - MarketRank™

IGM Financial scored higher than 28% 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: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for IGM Financial.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of IGM Financial is 9.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.67.

Price to Earnings Ratio vs. Sector

The P/E ratio of IGM Financial is 9.71, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 12.95.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

IGM Financial has a short interest ratio ("days to cover") of 99.9, which indicates bearish sentiment.

Change versus previous month

Short interest in IGM Financial has recently decreased by 13.38%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

IGM Financial is a leading dividend payer. It pays a dividend yield of 5.62%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

IGM Financial does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of IGM Financial is 67.85%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

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

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

IGM Financial has a short interest ratio ("days to cover") of 99.9, which indicates bearish sentiment.

Change versus previous month

Short interest in IGM Financial has recently decreased by 13.38%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.07

News Sentiment

IGM Financial has a news sentiment score of 0.07. 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 0.71 average news sentiment score of Financial Services companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for IGM Financial this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, IGM Financial insiders have not sold or bought any company stock.

Percentage Held by Institutions

74.96% of the stock of IGM Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

IGIFF Stock Analysis - Frequently Asked Questions

How have IGIFF shares performed this year?

IGM Financial's stock was trading at $31.96 on January 1st, 2025. Since then, IGIFF shares have decreased by 3.7% and is now trading at $30.7801.
View the best growth stocks for 2025 here.

How do I buy shares of IGM Financial?

Shares of IGIFF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Company Calendar

• Ex-Dividend for 1/31 Dividend: 12/31/2024
• Record date for 1/31 Dividend: 1/01/2025
• Dividend Payable: 1/31/2025
• Ex-Dividend for 4/30 Dividend: 3/31/2025
• Record date for 4/30 Dividend: 4/01/2025
• Today: 4/25/2025
• Dividend Payable: 4/30/2025
• Next Earnings (Estimated): 4/30/2025

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Trading
• Current Symbol: OTCMKTS:IGIFF
• Previous Symbol: NASDAQ:IGIFF
• CIK: N/A
• Web: www.igmfinancial.com
• Phone: (204) 956-8328
• Fax: N/A
• Employees: 3,300
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 9.85
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A