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IGM.TO Quote, Financials, Valuation and Earnings
Last price:
$46.17
Seasonality move
:
-1.74%
Day range:
$45.92 - $46.34
52-week range:
$32.95 - $47.96
Dividend yield:
4.87%
P/E ratio:
9.95x
P/S ratio:
3.27x
P/B ratio:
1.45x
Volume:
176.6K
Avg. volume:
363.4K
1-year change:
33.83%
Market cap:
$10.9B
Revenue:
$3.2B
EPS (TTM):
$4.64
Analysts' Opinion
-
Consensus RatingIGM Financial has received a consensus rating of Hold. The company's average rating is a Hold based on 2 Buy ratings, 4 Hold ratings, and 0 Sell ratings.
-
Price Target UpsideAccording to analysts' consensus price target of $49.71, IGM Financial has an estimated upside of 7.68% from its current price of $46.17.
-
Price Target DownsideAccording to analysts, the lowest downside price target is $46.00 representing 100% downside risk from its current price of $46.17.
Fair Value
-
According to the consensus of 6 analysts, IGM Financial has 7.68% upside to fair value with a price target of $49.71 per share.
IGM.TO vs. S&P 500
-
Over the past 5 trading days, IGM Financial has overperformed the S&P 500 by 1.12% suggesting its relative strength compared to the major market average is strong at this time.
Share Buyback
-
IGM Financial does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.
Revenue Growth
-
IGM Financial has grown year-over-year revenues for 6 quarters straight. In the most recent quarter IGM Financial reported revenues of $879.5M.
Earnings Growth
-
IGM Financial has grown year-over-year earnings for 2 quarters straight. In the most recent quarter IGM Financial reported earnings per share of $1.01.
Enterprise value:
17.6B
EV / Invested capital:
--
Price / LTM sales:
3.27x
EV / EBIT:
13.84x
EV / Revenue:
5.23x
PEG ratio (5yr expected):
0.63x
EV / Free cash flow:
19.78x
Price / Operating cash flow:
12.34x
Enterprise value / EBITDA:
13.84x
Gross Profit (TTM):
$1.7B
Return On Assets:
5.83%
Net Income Margin (TTM):
32.69%
Return On Equity:
15.8%
Return On Invested Capital:
7.76%
Operating Margin:
32.64%
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
| Income Statement | ||||||
| Revenue | $3.3B | $3.2B | $3.4B | $811M | $879.5M | |
| Gross Profit | $1.5B | $1.6B | $1.7B | $732.4M | $796.7M | |
| Operating Income | $1.1B | $903.4M | $1.2B | $265.8M | $287.1M | |
| EBITDA | $1.3B | $1.3B | $1.3B | $304.3M | $343.5M | |
| Diluted EPS | $3.80 | $4.01 | $4.64 | $0.89 | $1.01 | |
| Period Ending | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | |
|---|---|---|---|---|---|---|
| Balance Sheet | ||||||
| Current Assets | $9B | $8.8B | $9.7B | $10.8B | $9B | |
| Total Assets | $15.9B | $17B | $17.6B | $19.4B | $19.1B | |
| Current Liabilities | $3.4B | $3.1B | $513.7M | $3B | $2.9B | |
| Total Liabilities | $10.9B | $10.7B | $11.5B | $13B | $11.5B | |
| Total Equity | $4.9B | $6.3B | $6.1B | $6.4B | $7.6B | |
| Total Debt | $8.6B | $7.4B | $6.8B | $7.6B | $7.2B | |
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2023-09-30 | 2024-09-30 | |
| Cash Flow Statement | ||||||
| Cash Flow Operations | $833.1M | $842.8M | $1B | $230.6M | $341.4M | |
| Cash From Investing | $299.3M | -$1.6B | $90.8M | -$132.9M | -$203.5M | |
| Cash From Financing | -$1.2B | $298.8M | -$1B | $8.9M | $48M | |
| Free Cash Flow | $728.4M | $673.6M | $889.3M | $181.1M | $318.3M | |
IGM.TO
Sector
Market Cap
$10.9B
$684.5M
Price % of 52-Week High
96.27%
87.63%
Dividend Yield
4.87%
2.22%
Shareholder Yield
6.65%
3.86%
1-Year Price Total Return
33.83%
8.32%
Beta (5-Year)
1.520
0.739
Dividend yield:
4.87%
Annualized payout:
$1.69
Payout ratio:
48.7%
Growth streak:
0 years
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Technicals
8-day SMA
Sell
Level
$46.27
200-day SMA
Buy
Level
$39.56
Bollinger Bands (100)
Buy
Level
39.2 - 46.04
Chaikin Money Flow
Buy
Level
33M
20-day SMA
Sell
Level
$46.80
Relative Strength Index (RSI14)
Sell
Level
48.42
ADX Line
Sell
Level
14.35
Williams %R
Neutral
Level
-71.7435
50-day SMA
Buy
Level
$45.57
MACD (12, 26)
Buy
Level
0.05
25-day Aroon Oscillator
Sell
Level
-16
On Balance Volume
Neutral
Level
67.5M
Financial Scores
Sell
Altman Z-Score
(Annual)
Level (1.6206)
Sell
CA Score
(Annual)
Level (-0.827)
Buy
Beneish M-Score
(Annual)
Level (-2.6956)
Buy
Momentum Score
Level (9)
Buy
Ohlson Score
Level (-0.6518)
Buy
Piotroski F Score
(Annual)
Level (5)
Buy
Quality Ratio Score
Level (3)
Buy
Fundamental Score
Level (9)
Revenue Forecast
Earnings per Share Forecast
Company Profile
IGM Financial is the largest non-bank-affiliated asset manager in Canada. The firm is part of the Power Financial group of companies, which holds a 62% equity stake in IGM Financial as well as stakes in Great-West Life, London Life, and Canada Life. IGM has two main operating divisions—asset management (operated through Mackenzie Investments) and wealth management (via its IG Wealth Management subsidiary)—that provide investment management products and services. At the end of October 2024, IGM Financial had CAD 249.1 billion in AUM (including CAD 83.1 billion in AUM that was being managed for its IG Wealth Management arm) at Mackenzie Investments, CAD 120.9 billion in assets under advisement at its IG Wealth Management subsidiary, and CAD 15.6 billion in other AUA.
Stock Forecast FAQ
In the current month, IGM.TO has received 2 Buy ratings 4 Hold ratings, and 0 Sell ratings. The IGM.TO average analyst price target in the past 3 months is $49.71.
-
Where Will IGM Financial Stock Be In 1 Year?
According to analysts, the consensus estimate is that IGM Financial share price will rise to $49.71 per share over the next 12 months.
-
What Do Analysts Say About IGM Financial?
Analysts are divided on their view about IGM Financial share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that IGM Financial is a Sell and believe this share price will drop from its current level to $46.00.
-
What Is IGM Financial's Price Target?
The price target for IGM Financial over the next 1-year time period is forecast to be $49.71 according to 6 Wall Street analysts, 2 of them rate the stock a Buy, 0 rate the stock a Sell, and 4 analysts rate the stock a Hold.
-
Is IGM.TO A Buy, Sell Or Hold?
According to Wall Street analysts, the consensus rating for IGM Financial is a Hold. 4 of 6 analysts rate the stock a Hold at this time.
-
How Can I Buy Shares Of IGM.TO?
You can purchase shares of IGM Financial via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, TastyTrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase IGM Financial shares.
-
What Is The IGM Financial Share Price Today?
IGM Financial was last trading at $46.17 per share. This represents the most recent stock quote for IGM Financial. Yesterday, IGM Financial closed at $46.17 per share.
-
How To Buy IGM Financial Stock Online?
In order to purchase IGM Financial stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.
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