IGM Financial logo
IGM logo

IGM FinancialTSX:IGM Stock Report

Market Cap CA$10.8b
Share Price
n/a
1Y27.7%
7D3.5%
Portfolio Value
View

IGM Stock Overview

Engages in the asset management business in Canada. More details

IGM fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends5/6

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IGM Financial Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for IGM Financial
Historical stock prices
Current Share PriceCA$46.04
52 Week HighCA$47.96
52 Week LowCA$32.95
Beta1.54
1 Month Change2.17%
3 Month Change-2.15%
1 Year Change27.75%
3 Year Change3.86%
5 Year Change26.45%
Change since IPO1,918.19%

Recent News & Updates

IGM Financial (TSE:IGM) Has Announced A Dividend Of CA$0.5625

Feb 11
IGM Financial (TSE:IGM) Has Announced A Dividend Of CA$0.5625

Recent updates

IGM Financial (TSE:IGM) Has Announced A Dividend Of CA$0.5625

Feb 11
IGM Financial (TSE:IGM) Has Announced A Dividend Of CA$0.5625

IGM Financial's (TSE:IGM) Dividend Will Be CA$0.5625

Dec 16
IGM Financial's (TSE:IGM) Dividend Will Be CA$0.5625

IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.5625

Jun 19
IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.5625

IGM Financial's (TSE:IGM) Dividend Will Be CA$0.5625

May 14
IGM Financial's (TSE:IGM) Dividend Will Be CA$0.5625

Most Shareholders Will Probably Agree With IGM Financial Inc.'s (TSE:IGM) CEO Compensation

Apr 27
Most Shareholders Will Probably Agree With IGM Financial Inc.'s (TSE:IGM) CEO Compensation

IGM Financial (TSE:IGM) Has Affirmed Its Dividend Of CA$0.5625

Mar 18
IGM Financial (TSE:IGM) Has Affirmed Its Dividend Of CA$0.5625

Shareholder Returns

IGMCA Capital MarketsCA Market
7D3.5%1.3%-0.5%
1Y27.7%50.4%16.2%

Return vs Industry: IGM underperformed the Canadian Capital Markets industry which returned 54.5% over the past year.

Return vs Market: IGM exceeded the Canadian Market which returned 17.3% over the past year.

Price Volatility

Is IGM's price volatile compared to industry and market?
IGM volatility
IGM Average Weekly Movement2.6%
Capital Markets Industry Average Movement5.3%
Market Average Movement8.5%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.0%

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 (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1978n/aJames O’Sullivanwww.igmfinancial.com

IGM Financial Inc. engages in the asset management business in Canada. The company provides investment management services to a suite of investment funds distributed through third party dealers and financial advisors; and administrative services. It also offers insurance and banking products and services.

IGM Financial Inc. Fundamentals Summary

How do IGM Financial's earnings and revenue compare to its market cap?
IGM fundamental statistics
Market capCA$10.83b
Earnings (TTM)CA$933.51m
Revenue (TTM)CA$3.88b

11.7x

P/E Ratio

2.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IGM income statement (TTM)
RevenueCA$3.88b
Cost of RevenueCA$2.34b
Gross ProfitCA$1.53b
Other ExpensesCA$600.37m
EarningsCA$933.51m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.93
Gross Margin39.56%
Net Profit Margin24.08%
Debt/Equity Ratio30.5%

How did IGM perform over the long term?

See historical performance and comparison

Dividends

4.9%

Current Dividend Yield

57%

Payout Ratio

Does IGM pay a reliable dividends?

See IGM dividend history and benchmarks
When do you need to buy IGM by to receive an upcoming dividend?
IGM Financial dividend dates
Ex Dividend DateMar 31 2025
Dividend Pay DateApr 30 2025
Days until Ex dividend38 days
Days until Dividend pay date68 days

Does IGM pay a reliable dividends?

See IGM dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/20 23:39
End of Day Share Price 2025/02/20 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

IGM Financial Inc. is covered by 17 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.

AnalystInstitution
John AikenBarclays
Tom MacKinnonBMO Capital Markets Equity Research
Samira AminiBofA Global Research