IGM Stock Overview
Operates as a wealth and asset management company in Canada. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
No risks detected for IGM from our risk checks.
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IGM Financial Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$46.25 |
| 52 Week High | CA$47.96 |
| 52 Week Low | CA$32.95 |
| Beta | 1.56 |
| 1 Month Change | -1.57% |
| 3 Month Change | 15.48% |
| 1 Year Change | 30.03% |
| 3 Year Change | -0.62% |
| 5 Year Change | 21.52% |
| Change since IPO | 1,927.40% |
Recent News & Updates
Recent updates
IGM Financial's (TSE:IGM) Dividend Will Be CA$0.5625
Dec 16
IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.5625
Jun 19IGM Financial's (TSE:IGM) Dividend Will Be CA$0.5625
May 14Most Shareholders Will Probably Agree With IGM Financial Inc.'s (TSE:IGM) CEO Compensation
Apr 27IGM Financial (TSE:IGM) Has Affirmed Its Dividend Of CA$0.5625
Mar 18IGM Financial (TSE:IGM) Is Paying Out A Dividend Of CA$0.5625
Feb 19Shareholder Returns
| IGM | CA Capital Markets | CA Market | |
|---|---|---|---|
| 7D | -2.8% | -4.6% | -3.7% |
| 1Y | 30.0% | 51.5% | 15.0% |
Return vs Industry: IGM underperformed the Canadian Capital Markets industry which returned 51.5% over the past year.
Return vs Market: IGM exceeded the Canadian Market which returned 15% over the past year.
Price Volatility
| IGM volatility | |
|---|---|
| IGM Average Weekly Movement | 2.3% |
| Capital Markets Industry Average Movement | 5.4% |
| Market Average Movement | 8.2% |
| 10% most volatile stocks in CA Market | 17.6% |
| 10% least volatile stocks in CA Market | 2.9% |
Stable Share Price: IGM has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: IGM's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1978 | n/a | James O’Sullivan | www.igmfinancial.com |
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.
IGM Financial Inc. Fundamentals Summary
| IGM fundamental statistics | |
|---|---|
| Market cap | CA$10.99b |
| Earnings (TTM) | CA$878.63m |
| Revenue (TTM) | CA$3.71b |
12.5x
P/E Ratio2.9x
P/S RatioIs IGM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IGM income statement (TTM) | |
|---|---|
| Revenue | CA$3.71b |
| Cost of Revenue | CA$2.28b |
| Gross Profit | CA$1.44b |
| Other Expenses | CA$557.71m |
| Earnings | CA$878.63m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 06, 2025
| Earnings per share (EPS) | 3.71 |
| Gross Margin | 38.68% |
| Net Profit Margin | 23.66% |
| Debt/Equity Ratio | 31.7% |
How did IGM perform over the long term?
See historical performance and comparisonDividends
4.9%
Current Dividend Yield61%
Payout RatioDoes IGM pay a reliable dividends?
See IGM dividend history and benchmarks| IGM Financial dividend dates | |
|---|---|
| Ex Dividend Date | Dec 31 2024 |
| Dividend Pay Date | Jan 31 2025 |
| Days until Ex dividend | 10 days |
| Days until Dividend pay date | 41 days |
Does IGM pay a reliable dividends?
See IGM dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 23:40 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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 here.
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 .
Analyst Sources
IGM Financial Inc. is covered by 18 analysts. 5 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 |
|---|---|
| John Aiken | Barclays |
| Tom MacKinnon | BMO Capital Markets Equity Research |
| Samira Amini | BofA Global Research |