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IGM Financial TSX:IGM Stock Report

Last Price

CA$37.86

Market Cap

CA$8.9b

7D

1.7%

1Y

-7.7%

Updated

12 Jun, 2024

Data

Company Financials +

IGM Stock Overview

Operates as a wealth and asset management company in Canada.

IGM fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends5/6

IGM Financial Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for IGM Financial
Historical stock prices
Current Share PriceCA$37.86
52 Week HighCA$42.02
52 Week LowCA$30.34
Beta1.57
1 Month Change1.39%
3 Month Change8.92%
1 Year Change-7.68%
3 Year Change-15.60%
5 Year Change-1.07%
Change since IPO1,559.62%

Recent News & Updates

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

Recent updates

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

IGM Financial (TSE:IGM) Is Paying Out A Dividend Of CA$0.5625

Feb 19
IGM Financial (TSE:IGM) Is Paying Out A Dividend Of CA$0.5625

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

Dec 14
IGM Financial (TSE:IGM) Has Announced A Dividend Of CA$0.5625

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

Nov 30
IGM Financial (TSE:IGM) Has Affirmed Its Dividend Of CA$0.5625

IGM Financial (TSE:IGM) Is Due To Pay A Dividend Of CA$0.5625

Nov 06
IGM Financial (TSE:IGM) Is Due To Pay A Dividend Of CA$0.5625

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

Aug 28
IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.5625

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

Jun 21
IGM Financial (TSE:IGM) Has Affirmed Its Dividend Of CA$0.5625

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

Nov 17
IGM Financial (TSE:IGM) Has Announced A Dividend Of CA$0.5625

IGM Financial (TSE:IGM) Is Paying Out A Dividend Of CA$0.5625

Aug 26
IGM Financial (TSE:IGM) Is Paying Out A Dividend Of CA$0.5625

IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.56

May 31
IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.56

IGM Financial (TSE:IGM) Is Due To Pay A Dividend Of CA$0.56

May 12
IGM Financial (TSE:IGM) Is Due To Pay A Dividend Of CA$0.56

Should You Be Adding IGM Financial (TSE:IGM) To Your Watchlist Today?

Apr 17
Should You Be Adding IGM Financial (TSE:IGM) To Your Watchlist Today?

IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.56

Mar 03
IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.56

IGM Financial (TSE:IGM) Has Announced A Dividend Of CA$0.56

Feb 15
IGM Financial (TSE:IGM) Has Announced A Dividend Of CA$0.56

IGM Financial (TSE:IGM) Has Affirmed Its Dividend Of CA$0.56

Dec 14
IGM Financial (TSE:IGM) Has Affirmed Its Dividend Of CA$0.56

IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.56

Nov 09
IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.56

Is Now The Time To Put IGM Financial (TSE:IGM) On Your Watchlist?

Oct 28
Is Now The Time To Put IGM Financial (TSE:IGM) On Your Watchlist?

IGM Financial (TSE:IGM) Is Due To Pay A Dividend Of CA$0.56

Aug 10
IGM Financial (TSE:IGM) Is Due To Pay A Dividend Of CA$0.56

Here's Why I Think IGM Financial (TSE:IGM) Is An Interesting Stock

Jul 29
Here's Why I Think IGM Financial (TSE:IGM) Is An Interesting Stock

IGM Financial Inc. (TSE:IGM) Is Yielding 5.2% - But Is It A Buy?

Apr 30
IGM Financial Inc. (TSE:IGM) Is Yielding 5.2% - But Is It A Buy?

Did IGM Financial's (TSE:IGM) Share Price Deserve to Gain 33%?

Mar 16
Did IGM Financial's (TSE:IGM) Share Price Deserve to Gain 33%?

Is IGM Financial Inc. (TSE:IGM) A Smart Pick For Income Investors?

Jan 27
Is IGM Financial Inc. (TSE:IGM) A Smart Pick For Income Investors?

Would Shareholders Who Purchased IGM Financial's (TSE:IGM) Stock Three Years Be Happy With The Share price Today?

Dec 16
Would Shareholders Who Purchased IGM Financial's (TSE:IGM) Stock Three Years Be Happy With The Share price Today?

Shareholder Returns

IGMCA Capital MarketsCA Market
7D1.7%-1.9%-1.1%
1Y-7.7%26.0%9.9%

Return vs Industry: IGM underperformed the Canadian Capital Markets industry which returned 25.8% over the past year.

Return vs Market: IGM underperformed the Canadian Market which returned 9.7% over the past year.

Price Volatility

Is IGM's price volatile compared to industry and market?
IGM volatility
IGM Average Weekly Movement2.8%
Capital Markets Industry Average Movement4.5%
Market Average Movement8.4%
10% most volatile stocks in CA Market17.1%
10% least volatile stocks in CA Market3.0%

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

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. 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

How do IGM Financial's earnings and revenue compare to its market cap?
IGM fundamental statistics
Market capCA$8.86b
Earnings (TTM)CA$770.94m
Revenue (TTM)CA$3.58b

11.7x

P/E Ratio

2.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IGM income statement (TTM)
RevenueCA$3.58b
Cost of RevenueCA$2.29b
Gross ProfitCA$1.29b
Other ExpensesCA$516.04m
EarningsCA$770.94m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.25
Gross Margin35.94%
Net Profit Margin21.53%
Debt/Equity Ratio34.6%

How did IGM perform over the long term?

See historical performance and comparison

Dividends

5.9%

Current Dividend Yield

69%

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 DateJun 28 2024
Dividend Pay DateJul 31 2024
Days until Ex dividend15 days
Days until Dividend pay date48 days

Does IGM pay a reliable dividends?

See IGM dividend history and benchmarks
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.