AGF Management (AGF.B) Stock Overview
AGF Management Limited is one of Canada’s premier investment management companies with offices across Canada and subsidiaries around the world. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 4/6 |
| Dividends | 5/6 |
AGF.B Community Fair Values
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Analyst Price Targets
AGF Management Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$16.92 |
| 52 Week High | CA$20.91 |
| 52 Week Low | CA$11.12 |
| Beta | 1.14 |
| 1 Month Change | 8.32% |
| 3 Month Change | -15.70% |
| 1 Year Change | 50.40% |
| 3 Year Change | 145.57% |
| 5 Year Change | 122.34% |
| Change since IPO | 23,787.17% |
Recent News & Updates
Narrative Update • May 20
AGF.B: Dividend Strength And Policy Insights Will Shape Future Return Profile
AGF Management's updated narrative price target has edged lower by about CA$0.14 to CA$19.79. This reflects a blend of recent target cuts and raises from analysts who are reassessing the stock's valuation and discount rate assumptions.Narrative Update • Apr 23
AGF.B: Dividend Support And Buybacks Will Shape Future Return Profile
AGF Management's updated analyst price target has shifted modestly, with recent Street research showing a mix of CA$1 cuts and CA$0.75 to CA$4 increases as analysts factor in adjusted fair value estimates, refined discount rates, and updated assumptions for revenue growth, profit margins, and future P/E. Analyst Commentary Recent research around AGF Management reflects a split view, with some firms trimming targets while others lift them by amounts ranging from CA$0.75 to CA$4.Recent updates
Narrative Update • May 20
AGF.B: Dividend Strength And Policy Insights Will Shape Future Return Profile
AGF Management's updated narrative price target has edged lower by about CA$0.14 to CA$19.79. This reflects a blend of recent target cuts and raises from analysts who are reassessing the stock's valuation and discount rate assumptions.Narrative Update • Apr 23
AGF.B: Dividend Support And Buybacks Will Shape Future Return Profile
AGF Management's updated analyst price target has shifted modestly, with recent Street research showing a mix of CA$1 cuts and CA$0.75 to CA$4 increases as analysts factor in adjusted fair value estimates, refined discount rates, and updated assumptions for revenue growth, profit margins, and future P/E. Analyst Commentary Recent research around AGF Management reflects a split view, with some firms trimming targets while others lift them by amounts ranging from CA$0.75 to CA$4.Narrative Update • Apr 08
AGF.B: Incremental Discount Shift And Ongoing Buybacks Will Shape Future Return Profile
AGF Management's analyst price target has edged higher, with a modest CA$0.14 fair value adjustment. Analysts have factored in slightly lower discount rate assumptions and updated P/E outlooks, which are reflected in recent target revisions from several Canadian banks.Narrative Update • Mar 25
AGF.B: Gradual Discount Shifts And Ongoing Buybacks Will Guide Future Return Profile
Narrative Update The updated analyst price target for AGF Management moves slightly higher, supported by a series of recent CA$0.75 to CA$4 upward price target revisions from several firms. Analysts attribute this to a modestly lower discount rate and essentially unchanged fair value and earnings assumptions.Narrative Update • Mar 10
AGF.B: Refining Discount Assumptions And Buybacks Will Shape Balanced Future Returns
The analyst price target for AGF Management has moved from CA$19.54 to CA$19.54, with several firms, including RBC Capital, BMO Capital, Scotiabank and TD Securities, lifting their individual targets as analysts point to refined discount rate assumptions and updated expectations for earnings multiples. Analyst Commentary Recent Street research on AGF Management has centred on updated price targets and refined assumptions around discount rates and earnings multiples.Narrative Update • Feb 23
AGF.B: Higher Price Expectations And Buybacks Will Support Balanced Future Returns
AGF Management's analyst price target has been revised to CA$19.54. The adjustment is supported by recent target increases from multiple firms as analysts update their models and assumptions in line with current forecasts for discount rate, revenue growth, profit margin and future P/E.Narrative Update • Feb 09
AGF.B: Higher Fair Value And Buybacks Will Support Cautious Yet Constructive Returns
AGF Management's analyst fair value estimate has been raised from C$17.14 to C$19.54, reflecting updated analyst views that incorporate recent price target increases from several Street firms. Analyst Commentary Recent price target revisions across several firms point to a cluster of updated views on AGF Management, which is now reflected in the higher aggregate fair value estimate of C$19.54.Narrative Update • Jan 24
AGF.B: Incremental Assumption Tweaks Will Support Cautious Yet Constructive Future Returns
AGF Management's analyst price target has been lifted by roughly C$0.60 to about C$17.15, with analysts pointing to modest adjustments in fair value estimates, discount rate, revenue growth, profit margin, and future P/E assumptions as key drivers of the change. Analyst Commentary Recent Street research includes price target increases of C$1.50 and C$0.75, which together point to a modest upward reset in how some analysts are framing AGF Management’s potential reward relative to risk.Narrative Update • Jan 09
AGF.B: Stable Assumptions And Margins Will Support Balanced Future Returns
Analysts have made only a marginal adjustment to their price target for AGF Management, keeping fair value effectively unchanged at $16.54. Small tweaks to inputs such as the discount rate and assumed future P/E are viewed as refinements rather than a shift in the core outlook.Narrative Update • Dec 13
AGF.B: Leadership Change And Buybacks Will Support Margins And Capital Returns
AGF Management's analyst derived fair value has inched higher to approximately C$16.54 from about C$16.29, reflecting analysts' increased confidence in the firm's revenue growth and margins and supported by a series of recent price target increases across the Street. Analyst Commentary Recent price target increases across the Street point to a constructive stance on AGF Management, with the consensus fair value migrating higher in tandem with improving expectations for revenue durability and operating leverage.Analysis Article • Dec 12
AGF Management (TSE:AGF.B) Has Announced A Dividend Of CA$0.125
AGF Management Limited ( TSE:AGF.B ) has announced that it will pay a dividend of CA$0.125 per share on the 15th of...Analysis Article • Dec 12
Should You Be Adding AGF Management (TSE:AGF.B) To Your Watchlist Today?
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Narrative Update • Nov 28
AGF.B: Leadership Transition And Share Buyback Are Expected To Support Performance
AGF Management's analyst price targets have increased across the Street, with the consensus reflecting improved revenue outlooks and slightly more favorable discount rates. This has resulted in a new average target of approximately C$16.80, up from the previous C$15.88.Narrative Update • Nov 14
AGF.B: Recent Leadership Change Will Drive Improved Shareholder Value
AGF Management’s analyst price target has increased modestly, with the consensus estimate rising from C$16.13 to C$16.29. Analysts cite incremental improvements in revenue growth and fair value projections, supported by recent Street research updates.Narrative Update • Oct 31
AGF.B: Rising Buy Ratings Will Drive Shares Amid Sector Competition
Analysts have raised their price targets for AGF Management, with recent increases reflecting positive sentiment regarding the company's current valuation and outlook. For example, the target price shifted from C$16.50 to C$17.75, driven by steady revenue growth and profitability expectations.Narrative Update • Oct 17
Tactical Alpha And Income Funds Will Shape Future Amid Uncertainty
AGF Management’s analyst price target has moved higher, as analysts point to updated ratings and recent price target increases from C$14 up to C$17.75. These changes support a more constructive outlook for the shares.Narrative Update • Oct 03
Tactical Alpha And Income Funds Will Shape Future Amid Uncertainty
AGF Management's fair value estimate has been increased from C$14.83 to C$16.13. Analysts cite higher target prices based on recent sector research and improved expectations.Analysis Article • Sep 27
AGF Management (TSE:AGF.B) Is Paying Out A Dividend Of CA$0.125
AGF Management Limited's ( TSE:AGF.B ) investors are due to receive a payment of CA$0.125 per share on 16th of October...Narrative Update • Sep 17
Tactical Alpha And Income Funds Will Shape Future Amid Uncertainty
Analysts have raised AGF Management’s price target to CA$14.83, citing improved asset growth prospects, operating efficiency, stronger earnings visibility, enhanced sector positioning, and greater capital return potential. Analyst Commentary Positive outlook for asset growth and net inflows in AGF Management’s core investment funds.Analysis Article • Sep 16
AGF Management Limited's (TSE:AGF.B) Share Price Is Matching Sentiment Around Its Earnings
When close to half the companies in Canada have price-to-earnings ratios (or "P/E's") above 17x, you may consider AGF...Analysis Article • Jun 28
AGF Management Limited Just Missed Earnings - But Analysts Have Updated Their Models
AGF Management Limited ( TSE:AGF.B ) missed earnings with its latest second-quarter results, disappointing...Analysis Article • May 14
AGF Management Limited's (TSE:AGF.B) Price Is Right But Growth Is Lacking After Shares Rocket 26%
AGF Management Limited ( TSE:AGF.B ) shareholders would be excited to see that the share price has had a great month...Analysis Article • Apr 11
Results: AGF Management Limited Beat Earnings Expectations And Analysts Now Have New Forecasts
As you might know, AGF Management Limited ( TSE:AGF.B ) just kicked off its latest first-quarter results with some very...
New Narrative • Mar 11
Alternative Investments Like Kensington Capital May Impact Future Earnings Despite Revenue Challenges
AGF Management's strategic focus on high-growth areas like mutual funds, ETFs, and SMAs could drive revenue and enhance earnings potential.Analysis Article • Mar 07
AGF Management Limited's (TSE:AGF.B) Share Price Is Matching Sentiment Around Its Earnings
When close to half the companies in Canada have price-to-earnings ratios (or "P/E's") above 15x, you may consider AGF...Analysis Article • Jan 07
AGF Management (TSE:AGF.B) Will Pay A Dividend Of CA$0.115
AGF Management Limited ( TSE:AGF.B ) will pay a dividend of CA$0.115 on the 16th of January. This means the annual...Analysis Article • Dec 16
AGF Management (TSE:AGF.B) Has Affirmed Its Dividend Of CA$0.115
The board of AGF Management Limited ( TSE:AGF.B ) has announced that it will pay a dividend on the 16th of January...Analysis Article • Oct 04
AGF Management Limited (TSE:AGF.B) Stock Catapults 28% Though Its Price And Business Still Lag The Market
AGF Management Limited ( TSE:AGF.B ) shareholders would be excited to see that the share price has had a great month...Analysis Article • Sep 30
AGF Management (TSE:AGF.B) Will Pay A Dividend Of CA$0.115
AGF Management Limited's ( TSE:AGF.B ) investors are due to receive a payment of CA$0.115 per share on 17th of October...Shareholder Returns
| AGF.B | CA Capital Markets | CA Market | |
|---|---|---|---|
| 7D | -0.2% | 0.003% | 1.5% |
| 1Y | 50.4% | 5.0% | 33.7% |
Return vs Industry: AGF.B exceeded the Canadian Capital Markets industry which returned 4.1% over the past year.
Return vs Market: AGF.B exceeded the Canadian Market which returned 33.7% over the past year.
Price Volatility
| AGF.B volatility | |
|---|---|
| AGF.B Average Weekly Movement | 6.3% |
| Capital Markets Industry Average Movement | 6.3% |
| Market Average Movement | 10.2% |
| 10% most volatile stocks in CA Market | 18.0% |
| 10% least volatile stocks in CA Market | 3.9% |
Stable Share Price: AGF.B has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: AGF.B's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1957 | n/a | Judy Goldring | www.agf.com |
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.
AGF Management Limited Fundamentals Summary
| AGF.B fundamental statistics | |
|---|---|
| Market cap | CA$1.08b |
| Earnings (TTM) | CA$115.67m |
| Revenue (TTM) | CA$573.67m |
9.4x
P/E Ratio1.9x
P/S RatioIs AGF.B overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AGF.B income statement (TTM) | |
|---|---|
| Revenue | CA$573.67m |
| Cost of Revenue | CA$0 |
| Gross Profit | CA$573.67m |
| Other Expenses | CA$458.00m |
| Earnings | CA$115.67m |
Last Reported Earnings
Feb 28, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.80 |
| Gross Margin | 100.00% |
| Net Profit Margin | 20.16% |
| Debt/Equity Ratio | 7.3% |
How did AGF.B perform over the long term?
See historical performance and comparisonDividends
3.2%
Current Dividend Yield28%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/22 13:13 |
| End of Day Share Price | 2026/05/22 00:00 |
| Earnings | 2026/02/28 |
| Annual Earnings | 2025/11/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
AGF Management Limited is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jeffrey Fenwick | ATB Cormark Historical (Cormark Securities) |
| John Aiken | Barclays |
| Tom MacKinnon | BMO Capital Markets Equity Research |