IGM Financial (TSE:IGM)
TSX:IGM
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IGM Stock Chart & Stats
C$74.19
C$0.52(1.17%)
At close: 4:00 PM EST
C$74.19
C$0.52(1.17%)
Day’s Range― - ―
52-Week RangeC$42.13 - C$82.26
Previous CloseN/A
Volume73.97K
Average Volume (3M)315.56K
Market Cap
C$18.87B
Enterprise ValueC$24.46B
Total Cash (Recent Filing)C$1.15B
Total Debt (Recent Filing)C$7.35B
Price to Earnings (P/E)16.5
Beta0.90
Next Earnings
Jul 29, 2026EPS Estimate
1.26Next Dividend Ex-DateN/A
Dividend Yield3.59%
Share Statistics
EPS (TTM)4.88
Shares Outstanding231,992,160
10 Day Avg. Volume320,535
30 Day Avg. Volume315,559
Financial Highlights & Ratios
PEG Ratio0.71
Price to Book (P/B)1.63
Price to Sales (P/S)3.83
P/FCF Ratio15.97
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$77.67Price Target Upside4.69% Upside
Rating ConsensusHold
Number of Analyst Covering6
EPS Forecast (FY)5.19
Revenue Forecast (FY)C$4.06B
Bulls Say, Bears Say
Bulls Say
Earnings Estimates UpgradeAnalyst raises earnings estimates and go-forward projections after higher-than-expected average and ending assets under management, improving the profitability outlook.
Net InflowsSignificantly stronger net inflows, reported at $643 million versus an estimated $200 million, support growth in fee-related revenue and provide scale benefits for the asset management business.
Target Price RevisionAn increased target price to $54 from $49 reflects analyst confidence in the company's earnings trajectory following the Rockefeller transaction and stronger asset trends.
Bears Say
Analyst Rating And Market UncertaintyMaintained Market Perform rating highlights ongoing market uncertainty and suggests limited near-term upside given strategic disadvantages versus larger competitors.
Competitive PressuresCompetitive pressures in a saturated Canadian market, where banks have greater scale and distribution, may constrain client acquisition and limit fee growth.
Valuation RiskValuation above historical and five-year averages raises the risk that market expectations are elevated relative to the company's underlying growth prospects.
IGM Financial News
IGM FAQ
What was IGM Financial’s price range in the past 12 months?
IGM Financial lowest stock price was C$42.13 and its highest was C$82.26 in the past 12 months.
What is IGM Financial’s market cap?
IGM Financial’s market cap is C$18.87B.
When is IGM Financial’s upcoming earnings report date?
IGM Financial’s upcoming earnings report date is Jul 29, 2026 which is in 49 days.
How were IGM Financial’s earnings last quarter?
IGM Financial released its earnings results on May 07, 2026. The company reported C$1.21 earnings per share for the quarter, beating the consensus estimate of C$1.193 by C$0.017.
Is IGM Financial overvalued?
According to Wall Street analysts IGM Financial’s price is currently Undervalued.
Does IGM Financial pay dividends?
IGM Financial pays a Quarterly dividend of C$0.62 which represents an annual dividend yield of 3.59%. See more information on IGM Financial dividends here
What is IGM Financial’s EPS estimate?
IGM Financial’s EPS estimate is 1.26.
How many shares outstanding does IGM Financial have?
IGM Financial has 231,992,160 shares outstanding.
What happened to IGM Financial’s price movement after its last earnings report?
IGM Financial reported an EPS of C$1.21 in its last earnings report, beating expectations of C$1.193. Following the earnings report the stock price went up 1.62%.
Which hedge fund is a major shareholder of IGM Financial?
Currently, no hedge funds are holding shares in TSE:IGM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
IGM Financial Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
C$77.67 (4.69% Upside)
C$77.67 (4.69% Upside)
Insider Transactions
Sold Shares
Worth C$912.1K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
30.96%
12-Months-Change
Fundamentals
Return on Equity
13.19%
Trailing 12-Months
Asset Growth
9.33%
Trailing 12-Months
Company Description
IGM Financial
IGM Financial Inc. operates as a prominent wealth and asset management enterprise, serving clients across Canada. The company organizes its extensive operations into three primary segments: Wealth Management, Asset Management, and Strategic Investments and Other. Within its Wealth Management division, IGM Financial delivers a broad spectrum of financial advisory services, alongside the comprehensive IG Living Plan. This plan integrates financial planning with various investment vehicles, insurance products, mortgage and banking solutions, and charitable giving programs. The company further empowers its advisors through the IG Wealth Management Advisor Portal, a sophisticated client relationship management platform, and an advanced dealer platform. This platform is designed to boost automation, support both MFDA and IIROC licensed advisors, and facilitate the launch of new investment products. The firm's diverse product portfolio also includes mutual funds and various portfolio types. Notable offerings are the IG Advisory Account, a fee-based service enabling clients to streamline and consolidate selected investments into one account, and the iProfile Private portfolios, a specialized portfolio management program tailored for investing households. Additionally, IGM Financial offers iProfile Portfolios, a suite of four structured managed solutions, segregated funds, separately managed accounts, fee-based brokerage accounts, insurance products, and a range of securities services. The company also provides management and related services, global investment solutions spanning private equity, private credit, and infrastructure, alongside exchange-traded funds. Established in 1978, IGM Financial Inc. is headquartered in Winnipeg, Canada, and functions as a subsidiary of Power Financial Corporation.
IGM Company Deck
IGM Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlighted broad-based growth across wealth and asset management businesses with multiple record metrics (record annual and quarterly EPS, record AUM figures, record net sales at Mackenzie, strong flows and client acquisition at IG Wealth, and significant value realization from the Rockefeller transaction). Management is returning capital to shareholders (NCIB, dividend increase) and has a healthy balance sheet (unallocated capital of ~CAD 1 billion, leverage 1.37x). Notable challenges include some variability and short-term earnings pressure at Mackenzie and from seed/investment items, temporary variability in Rockefeller earnings due to incentive accounting, ongoing fee/mix pressure and somewhat higher near-term expense growth driven by strategic investments and regulatory projects. Overall the positive operational momentum, strong capital allocation actions, and validation of strategic investments outweigh the manageable near-term lowlights.View all TSE:IGM earnings summariesIGM Stock 12 Month Forecast
Average Price Target
C$77.67
▲(4.69% Upside)
Technical Analysis
Options Prices
Currently, No data available
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