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IGM Financial (DE:C7G)
FRANKFURT:C7G
IGM Financial (C7G) Stock Price & Analysis
0 Followers
C7G Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€19.74 - €26.66
Previous Close€22.6
Volume0.00
Average Volume (3M)8.00
Market Cap
€5.56B
Enterprise Value€6.98B
Total Cash (Recent Filing)C$544.63M
Total Debt (Recent Filing)C$2.57B
Price to Earnings (P/E)N/A
Beta0.86
Next Earnings
May 02, 2024EPS Estimate
€0.6Next Dividend Ex-DateN/A
Dividend Yield6.73%
Share Statistics
EPS (TTM)N/A
Shares Outstanding238,136,813
10 Day Avg. Volume0
30 Day Avg. Volume8
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)2.93
Price to Sales (P/S)1.71
Price to Cash Flow (P/CF)8.90
P/FCF Ratio9.90
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€28.64Price Target Upside26.72% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
IGM Financial News
Bulls Say, Bears Say
Bulls Say
EarningsEarnings from strategic investments exceeded expectations, indicating a strong performance from Northleaf.
Financial PerformanceStrategic investment returns surpassed estimates, which may mitigate against other financial headwinds.
Stock ValuationThe analyst's target price for the stock holds at $38, buoyed by Wealthsimple's increased valuation and robust strategic investments.
Bears Say
Client OutflowsContinued trend in net outflows, with IG Wealth and Mackenzie recording net outflows in January.
Earnings MissQ4/23 missed with an adjusted EPS of $0.84, below estimates, due to a $0.03 EPS on FV adjustment in IGM’s mortgage banking operations.
Operational CostsThe company's higher opex guide indicates a 4% growth in operating expenses for 2024, reflecting increased costs associated with geographical adjustments.
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Options Prices
Currently, No data available
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Ownership Overview
0.00% Insiders
0.00% Mutual Funds
0.02% Other Institutional Investors
99.98% Public Companies and
Individual Investors
C7G FAQ
What was IGM Financial’s price range in the past 12 months?
IGM Financial lowest stock price was €19.74 and its highest was €26.66 in the past 12 months.
What is IGM Financial’s market cap?
Currently, no data Available
When is IGM Financial’s upcoming earnings report date?
IGM Financial’s upcoming earnings report date is May 02, 2024 which is in 2 days.
How were IGM Financial’s earnings last quarter?
IGM Financial released its earnings results on Feb 15, 2024. The company reported €0.573 earnings per share for the quarter, missing the consensus estimate of €0.595 by -€0.022.
Is IGM Financial overvalued?
According to Wall Street analysts IGM Financial’s price is currently Undervalued.
Does IGM Financial pay dividends?
IGM Financial does not currently pay dividends.
What is IGM Financial’s EPS estimate?
IGM Financial’s EPS estimate is €0.6.
How many shares outstanding does IGM Financial have?
Currently, no data Available
What happened to IGM Financial’s price movement after its last earnings report?
IGM Financial reported an EPS of €0.573 in its last earnings report, missing expectations of €0.595. Following the earnings report the stock price went up 1.669%.
Which hedge fund is a major shareholder of IGM Financial?
Currently, no hedge funds are holding shares in DE:C7G
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IGM Financial Stock Smart Score
Neutral
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
€28.64 (26.72% Upside)
€28.64 (26.72% Upside)
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-11.03%
12-Months-Change
Fundamentals
Return on Equity
14.25%
Trailing 12-Months
Asset Growth
1.61%
Trailing 12-Months
Company Description
IGM Financial
IGM Financial, Inc. operates as a financial services company, which engages in the management and distribution of mutual funds and other managed asset products. It operates through the following segments: Investors Group, Mackenzie Investments, and Corporate & Other. The Investors Group segment provides financial advisory services for investments, retirement, mortgage, estate planning, tax planning, and insurance. The Mackenzi Investments segment offers funds products, private wealth solutions, managed assets, group plans, tax and estate planning, payout service, and dollar cost averaging. The Corporate and Other segment includes net investment income that are not allocated to other segments, proportionate share of earnings of Great-West Lifeco Inc., operating results for Investment Planning Counsel Inc., and consolidation elimination entries. The company was founded on August 3, 1978 and is headquartered in Winnipeg, Canada.
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C7G Company Deck
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C7G Earnings Call
Q4 2024
0:00 / 0:00
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C7G Stock 12 Months Forecast
Average Price Target
€28.64
▲(26.72% Upside)
Technical Analysis
Affiliated Managers
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BlackRock
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IGM Financial
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InFinT Acquisition Corp. Class A
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International General Insurance Holdings
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Best Analysts Covering C7G
1 Year
1 Year Success Rate
9/20 ratings generated profit
1 Year Average Return
+0.03%
reiterated a buy rating 6 days ago
Copying Graham Ryding's trades and holding each position for 1 Year would result in 45.00% of your transactions generating a profit, with an average return of +0.03% per trade.
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