IGM π IGM Financial - Overview
Exchange: TO • Country: Canada • Currency: CAD • Type: Common Stock • ISIN: CA4495861060
IGM: Mutual Funds, Investment Management, Financial Planning, Insurance, Banking
IGM Financial Inc. is a prominent player in the Canadian financial services landscape, specializing in wealth and asset management. The company's operations are divided into two primary segments: Wealth Management and Asset Management. The Wealth Management segment delivers a range of investment solutions, including financial planning and related services, mutual fund management, and discretionary portfolio management services, all designed to help clients achieve their financial goals. This segment caters to a diverse clientele, providing personalized investment advice and tailored solutions to meet the unique needs of each individual or institution.
The Asset Management segment, on the other hand, focuses on providing investment management services to a broad suite of investment funds. These funds are distributed through a network of third-party dealers and financial advisors, allowing IGM Financial Inc. to leverage a wide reach and expand its customer base. In addition to its core wealth and asset management services, the company also offers a range of insurance and banking products and services, further enhancing its value proposition and solidifying its position as a one-stop-shop for financial services in Canada. With a history dating back to 1978, IGM Financial Inc. has established itself as a trusted and experienced provider of financial solutions, operating as a subsidiary of Power Financial Corporation.
As a publicly traded company, IGM Financial Inc.'s common stock is listed under the ISIN CA4495861060, and it is classified within the Asset Management & Custody Banks sub-industry, according to the Global Industry Classification Standard (GICS). The company's website, https://www.igmfinancial.com, provides investors and clients with a wealth of information on its services, products, and corporate governance. With its headquarters in Winnipeg, Canada, IGM Financial Inc. is well-positioned to serve the Canadian market, while its affiliation with Power Financial Corporation provides access to a broader network of resources and expertise.
Additional Sources for IGM Stock
IGM Stock Overview
Market Cap in USD | 7,931m |
Sector | Financial Services |
Industry | Asset Management |
GiC Sub-Industry | Asset Management & Custody Banks |
IPO / Inception |
IGM Stock Ratings
Growth 5y | 54.6% |
Fundamental | 38.1% |
Dividend | 52.8% |
Rel. Strength Industry | 30.3 |
Analysts | - |
Fair Price Momentum | 50.02 CAD |
Fair Price DCF | 96.85 CAD |
IGM Dividends
Dividend Yield 12m | 6.05% |
Yield on Cost 5y | 10.04% |
Annual Growth 5y | -0.07% |
Payout Consistency | 71.4% |
IGM Growth Ratios
Growth Correlation 3m | 92.6% |
Growth Correlation 12m | 92% |
Growth Correlation 5y | 57.2% |
CAGR 5y | 10.64% |
CAGR/Mean DD 5y | 0.77 |
Sharpe Ratio 12m | 1.71 |
Alpha | 15.20 |
Beta | 0.86 |
Volatility | 25.33% |
Current Volume | 622.4k |
Average Volume 20d | 423.7k |
As of December 21, 2024, the stock is trading at CAD 46.25 with a total of 622,400 shares traded.
Over the past week, the price has changed by -2.42%, over one month by +0.13%, over three months by +18.07% and over the past year by +37.38%.
Partly, yes. Based on ValueRay Fundamental Analyses, IGM Financial (TO:IGM) is currently (December 2024) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 38.12 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of IGM as of December 2024 is 50.02. This means that IGM is currently overvalued and has a potential downside of 8.15%.
IGM Financial has no consensus analysts rating.
According to ValueRays Forecast Model, IGM IGM Financial will be worth about 54 in December 2025. The stock is currently trading at 46.25. This means that the stock has a potential upside of +16.82%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 49 | 5.9% |
Analysts Target Price | - | - |
ValueRay Target Price | 54 | 16.8% |