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CI Financial TSX:CIX Stock Report

Last Price

CA$16.05

Market Cap

CA$2.3b

7D

2.0%

1Y

-2.7%

Updated

21 Jul, 2024

Data

Company Financials +

CI Financial Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for CI Financial
Historical stock prices
Current Share PriceCA$16.05
52 Week HighCA$17.73
52 Week LowCA$12.51
Beta1.64
11 Month Change13.03%
3 Month Change-2.61%
1 Year Change-2.67%
33 Year Change-29.42%
5 Year Change-23.10%
Change since IPO1,216.92%

Recent News & Updates

There Is A Reason CI Financial Corp.'s (TSE:CIX) Price Is Undemanding

Jul 16
There Is A Reason CI Financial Corp.'s (TSE:CIX) Price Is Undemanding

Recent updates

There Is A Reason CI Financial Corp.'s (TSE:CIX) Price Is Undemanding

Jul 16
There Is A Reason CI Financial Corp.'s (TSE:CIX) Price Is Undemanding

CI Financial's (TSE:CIX) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 10
CI Financial's (TSE:CIX) Shareholders Will Receive A Bigger Dividend Than Last Year

CI Financial (TSE:CIX) Will Pay A Larger Dividend Than Last Year At CA$0.20

Sep 30
CI Financial (TSE:CIX) Will Pay A Larger Dividend Than Last Year At CA$0.20

CI Financial (TSE:CIX) Has Affirmed Its Dividend Of CA$0.18

Jul 28
CI Financial (TSE:CIX) Has Affirmed Its Dividend Of CA$0.18

CI Financial's (TSE:CIX) Dividend Will Be CA$0.18

Jul 14
CI Financial's (TSE:CIX) Dividend Will Be CA$0.18

CI Financial (TSE:CIX) Has Affirmed Its Dividend Of CA$0.18

Jun 23
CI Financial (TSE:CIX) Has Affirmed Its Dividend Of CA$0.18

CI Financial (TSE:CIX) Is Paying Out A Dividend Of CA$0.18

May 12
CI Financial (TSE:CIX) Is Paying Out A Dividend Of CA$0.18

CI Financial (TSE:CIX) Is Paying Out A Dividend Of CA$0.18

Apr 01
CI Financial (TSE:CIX) Is Paying Out A Dividend Of CA$0.18

CI Financial (TSE:CIX) Will Pay A Dividend Of CA$0.18

Jan 24
CI Financial (TSE:CIX) Will Pay A Dividend Of CA$0.18

CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18

Dec 30
CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18

CI Financial's (TSE:CIX) Dividend Will Be CA$0.18

Nov 26
CI Financial's (TSE:CIX) Dividend Will Be CA$0.18

CI Financial Corp. Just Missed EPS By 89%: Here's What Analysts Think Will Happen Next

Nov 13
CI Financial Corp. Just Missed EPS By 89%: Here's What Analysts Think Will Happen Next

CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18

Nov 12
CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18

CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18

Oct 13
CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18

CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18

Sep 16
CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18

The CI Financial Corp. (TSE:CIX) Analysts Have Been Trimming Their Sales Forecasts

Aug 17
The CI Financial Corp. (TSE:CIX) Analysts Have Been Trimming Their Sales Forecasts

CI Financial (TSE:CIX) Has Announced A Dividend Of CA$0.18

Aug 13
CI Financial (TSE:CIX) Has Announced A Dividend Of CA$0.18

Shareholder Returns

CIXCA Capital MarketsCA Market
7D2.0%1.4%0.04%
1Y-2.7%29.3%10.2%

Return vs Industry: CIX underperformed the Canadian Capital Markets industry which returned 29.2% over the past year.

Return vs Market: CIX underperformed the Canadian Market which returned 10.3% over the past year.

Price Volatility

Is CIX's price volatile compared to industry and market?
CIX volatility
CIX Average Weekly Movement4.4%
Capital Markets Industry Average Movement4.3%
Market Average Movement8.1%
10% most volatile stocks in CA Market16.7%
10% least volatile stocks in CA Market3.0%

Stable Share Price: CIX has not had significant price volatility in the past 3 months.

Volatility Over Time: CIX's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1965n/aKurt MacAlpinewww.cifinancial.com

CI Financial Corp. is a publicly owned asset management holding company. Through its subsidiaries, the firm manages separate client focused equity, fixed income, and alternative investments portfolios. It also manages mutual funds, hedge funds, and fund of funds for its clients through its subsidiaries.

CI Financial Corp. Fundamentals Summary

How do CI Financial's earnings and revenue compare to its market cap?
CIX fundamental statistics
Market capCA$2.29b
Earnings (TTM)-CA$179.39m
Revenue (TTM)CA$3.23b

0.7x

P/S Ratio

-12.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CIX income statement (TTM)
RevenueCA$3.23b
Cost of RevenueCA$907.52m
Gross ProfitCA$2.33b
Other ExpensesCA$2.51b
Earnings-CA$179.39m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 08, 2024

Earnings per share (EPS)-1.26
Gross Margin71.94%
Net Profit Margin-5.55%
Debt/Equity Ratio147.0%

How did CIX perform over the long term?

See historical performance and comparison

Dividends

5.0%

Current Dividend Yield

-69%

Payout Ratio

Does CIX pay a reliable dividends?

See CIX dividend history and benchmarks
When do you need to buy CIX by to receive an upcoming dividend?
CI Financial dividend dates
Ex Dividend DateSep 30 2024
Dividend Pay DateOct 15 2024
Days until Ex dividend70 days
Days until Dividend pay date85 days

Does CIX pay a reliable dividends?

See CIX dividend history and benchmarks
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