CI Financial Future Growth

Future criteria checks 4/6

CI Financial's revenue is forecast to decline at 1.5% per annum while its annual earnings are expected to grow at 55.4% per year. EPS is expected to grow by 51.3% per annum. Return on equity is forecast to be 25.7% in 3 years.

Key information

55.4%

Earnings growth rate

51.3%

EPS growth rate

Capital Markets earnings growth	12.9%
Revenue growth rate	-1.5%
Future return on equity	25.7%
Analyst coverage	Good
Last updated	13 May 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

OTCPK:CIXX.F - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	3,090	508	-257	-207	2
12/31/2025	3,158	529	415	29	6
12/31/2024	2,951	280	815	-114	7
3/31/2024	3,235	-179	354	426	N/A
12/31/2023	3,173	5	398	449	N/A
9/30/2023	3,119	59	396	437	N/A
6/30/2023	3,034	86	406	445	N/A
3/31/2023	2,903	192	431	467	N/A
12/31/2022	2,909	300	450	479	N/A
9/30/2022	2,948	433	560	586	N/A
6/30/2022	2,952	462	641	665	N/A
3/31/2022	2,883	423	611	631	N/A
12/31/2021	2,746	409	646	666	N/A
9/30/2021	2,547	391	558	580	N/A
6/30/2021	2,345	477	517	537	N/A
3/31/2021	2,166	480	590	616	N/A
12/31/2020	2,045	476	513	542	N/A
9/30/2020	2,021	519	596	622	N/A
6/30/2020	2,040	527	585	609	N/A
3/31/2020	2,095	519	533	553	N/A
12/31/2019	2,122	538	541	558	N/A
9/30/2019	2,115	531	563	579	N/A
6/30/2019	2,156	550	609	626	N/A
3/31/2019	2,190	598	631	649	N/A
12/31/2018	2,236	617	592	608	N/A
9/30/2018	2,302	617	558	573	N/A
6/30/2018	2,237	612	576	591	N/A
3/31/2018	2,182	562	559	577	N/A
12/31/2017	2,111	549	N/A	581	N/A
9/30/2017	2,016	531	N/A	637	N/A
6/30/2017	2,007	514	N/A	623	N/A
3/31/2017	1,973	533	N/A	622	N/A
12/31/2016	1,941	503	N/A	655	N/A
9/30/2016	1,935	509	N/A	602	N/A
6/30/2016	1,939	515	N/A	605	N/A
3/31/2016	1,967	526	N/A	619	N/A
12/31/2015	1,990	553	N/A	647	N/A
9/30/2015	1,977	567	N/A	688	N/A
6/30/2015	1,958	559	N/A	708	N/A
3/31/2015	1,919	548	N/A	732	N/A
12/31/2014	1,871	525	N/A	703	N/A
9/30/2014	1,810	501	N/A	692	N/A
6/30/2014	1,735	473	N/A	640	N/A
3/31/2014	1,668	450	N/A	603	N/A
12/31/2013	1,604	426	N/A	621	N/A
9/30/2013	1,556	405	N/A	576	N/A
6/30/2013	1,512	389	N/A	584	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CIXX.F is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.4%).

Earnings vs Market: CIXX.F is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: CIXX.F is expected to become profitable in the next 3 years.

Revenue vs Market: CIXX.F's revenue is expected to decline over the next 3 years (-1.5% per year).

High Growth Revenue: CIXX.F's revenue is forecast to decline over the next 3 years (-1.5% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CIXX.F's Return on Equity is forecast to be high in 3 years time (25.7%)

CI Financial Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Recent updates

CI Financial Corp. Announces Quarterly Dividend, Payable on October 15, 2024

CI Financial Corp. to Report Q1, 2024 Results on May 10, 2024

CI Financial Corp., Annual General Meeting, Jun 26, 2024

CI Financial Corp. Declares Quarterly Dividend, Payable on July 15, 2024

CI Financial Corp. to Report Q4, 2023 Results on Feb 23, 2024

CI Financial Corp. Announces Executive Changes

CI Financial Corp. (TSX:CIX) announces an Equity Buyback for CAD 100 million worth of its shares.

CI Financial Corp. (TSX:CIX) announces an Equity Buyback for CAD 100 million worth of its shares.

CI Financial Corp. Declares Quarterly Dividend, Payable on April 15, 2024

CI Financial Corp. to Report Q3, 2023 Results on Nov 09, 2023

CI Financial Corp. (TSX:CIX) signed an agreement to acquire Coriel Capital Inc.

CI Financial Corp. to Report Q2, 2023 Results on Aug 10, 2023

Audax Management Company, LLC and the management of Congress Wealth Management completed the acquisition of unknown minority stake in Congress Wealth Management, LLC from CI Financial Corp. (TSX:CIX).

Ci Financial Corp. Declares Quarterly Dividend, Payable on October 13, 2023

CI Financial Corp. to Report Q4, 2022 Results on Feb 24, 2023

CI Financial Confirms Intent to Voluntarily Delist from the NYSE and Deregister with the U.S. Securities and Exchange Commission

CI financial reports November AUM at an all time high

Upcoming dividend of CA$0.18 per share

Chairman of the Board recently bought US$762k worth of stock

Insufficient new directors

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

CI Financial Corp. (TSX:CIX) acquired Inverness Counsel, LLC.

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

CI Financial Corp. Declares Quarterly Dividend, Payable on April 14, 2023

CI Financial Non-GAAP EPS of C$0.7, revenue of C$513.6M

Insufficient new directors

CI Financial Corp. to Report Q3, 2022 Results on Nov 10, 2022

CI Financial's total assets slide to $245.2B in September vs. August

Chairman of the Board recently bought US$512k worth of stock

Insufficient new directors

CI Financial goes ex dividend tomorrow

Chairman of the Board recently bought US$132k worth of stock

Upcoming dividend of CA$0.18 per share

CI Financial assets totaled C$345.9B in August, down 0.8% from July

Chairman of the Board recently bought US$374k worth of stock

Chairman of the Board recently bought US$564k worth of stock

Chairman of the Board recently bought US$605k worth of stock

Second quarter 2022 earnings released: EPS: CA$0.82 (vs CA$0.58 in 2Q 2021)

CI Financial Corp. Declares Quarterly Dividend, Payable on January 13, 2023

CI Financial Non-GAAP EPS of C$0.78, revenue of C$566.6M

Chairman of the Board recently bought US$574k worth of stock

CI Financial reports $333.7B in prelim June total assets

CI Financial Corp. to Report Q2, 2022 Results on Aug 11, 2022

Upcoming dividend of CA$0.18 per share

President & COO recently bought US$125k worth of stock

First quarter 2022 earnings: EPS and revenues miss analyst expectations

CI Financial Corp. Declares Quarterly Dividend of $0.18 Per Share, Payable on October 14, 2022

Investor sentiment deteriorated over the past week

Chairman of the Board recently bought US$728k worth of stock

CI Financial Corp. to Report Q1, 2022 Results on May 12, 2022

CI Financial Corp., Annual General Meeting, Jun 22, 2022

Full year 2021 earnings: EPS misses analyst expectations

CI Financial Corp. (TSX:CIX) entered into an agreement to acquire Certain Assets of Eaton Vance WaterOak Advisors.

Insider recently bought US$46k worth of stock

Insider recently bought US$46k worth of stock

Upcoming dividend of CA$0.18 per share

Insider recently bought US$46k worth of stock

Insider recently bought US$46k worth of stock

Insider recently bought US$46k worth of stock

Independent Chairman of the Board recently bought US$791k worth of stock

Independent Chairman of the Board recently bought US$1.6m worth of stock

Full year 2021 earnings: EPS misses analyst expectations

CI Financial Corp. Declares Quarterly Dividend, Payable on July 15, 2022

CI Financial Corp. Announces Management Changes

Independent Chairman of the Board recently bought US$1.9m worth of stock

CI Financial Corp. to Report Q4, 2021 Results on Feb 22, 2022

CI Financial Corp. (TSX:CIX) entered into an agreement to acquire Northwood Family Office LP.

CI Financial Corp. (TSX:CIX) acquired CPWM, LLC.

CI Financial Corp. (TSX:CIX) completed the acquisition of an unknown majority stake in R.H. Bluestein & Company.

Independent Chairman of the Board recently bought US$523k worth of stock

Upcoming dividend of CA$0.18 per share

CI Financial Corp. (TSX:CIX) agreed to acquire CPWM, LLC.

CI Financial Corp. (TSX:CIX) entered into an agreement to acquire RegentAtlantic Capital, LLC from Fiduciary Network, LLC and others.

Independent Chairman of the Board recently bought US$1.1m worth of stock

Independent Chairman of the Board recently bought US$590k worth of stock