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IGM Financial (IGM) Stock Price & Analysis

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IGM Stock Chart & Stats

CA$81.39CA$1.88(2.36%)
At close: 4:00 PM EST
C$80C$85C$90Aug 10Aug 24Sep 8Sep 21Oct 5Oct 19Nov 2
Day’s Range
CAD 80.37 - CAD 84.00
52-Week Range
CAD 53.40 - CAD 92.01
Previous Close
CAD 79.51
Volume
N/A
Average Volume (3M)
381.40K
Market Cap
CAD 18.60B
Enterprise Value
CAD 25.90B
Total Cash (Recent Filing)
CAD 1.52B
Total Debt (Recent Filing)
CAD 7.68B
Price to Earnings (P/E)
17.4
Beta
0.88
Next Earnings
Feb 11, 2027 (Est.)
Dividend Yield
2.98%

Bulls Say, Bears Say

Bulls Say

Asset And Earnings Growth

Broad growth in client assets and adjusted earnings indicates stronger operating momentum across the platform rather than reliance on one isolated business. Sustained asset expansion can support recurring fee revenue, improve operating leverage, and strengthen IGM’s ability to reinvest in distribution and technology.

Profitability And Cash Generation

High margins and cash conversion demonstrate an asset-light model with meaningful operating leverage and relatively strong earnings quality. This profitability provides capacity to fund technology, maintain shareholder distributions, and absorb moderate changes in markets or client flows over the next several quarters.

Distribution And Institutional Pipeline

Strong adviser productivity and peer recognition support IGM’s distribution advantage, while Mackenzie’s awarded institutional pipeline offers a visible source of future asset growth. Together, these capabilities can deepen client relationships, improve retention, and support recurring management fees.

Bears Say

Fee-rate Compression

Ongoing fee-rate pressure can reduce revenue yield even when client assets continue to grow. The effect is particularly relevant as the business adds more high-net-worth and institutional assets, which may carry lower rates and could limit how much operating growth converts into sustained earnings expansion.

Uneven And Market-sensitive Revenue

An uneven revenue history indicates that earnings remain sensitive to market levels, asset flows, and product mix. This cyclicality can make growth less predictable across reporting periods and may constrain management’s ability to sustain recent momentum when investment markets or client demand weaken.

Meaningful Leverage

Improving leverage is constructive, but debt remains material relative to the equity base and warrants continued monitoring. If markets weaken or cash generation becomes less consistent, required debt servicing could reduce financial flexibility and compete with investment, distributions, or other capital allocation priorities.

IGM Financial News

IGM FAQ

What was IGM Financial’s price range in the past 12 months?
IGM Financial lowest stock price was C$53.40 and its highest was C$92.01 in the past 12 months.
What is IGM Financial’s market cap?
IGM Financial’s market cap is C$18.60B.
When is IGM Financial’s upcoming earnings report date?
IGM Financial’s next earnings report is estimated for Feb 11, 2027 (not yet confirmed), which is in 92 days.
How were IGM Financial’s earnings last quarter?
IGM Financial released its earnings results on Nov 05, 2026. The company reported C$1.51 earnings per share for the quarter, beating the consensus estimate of C$1.452 by C$0.058.
Is IGM Financial overvalued?
According to Wall Street analysts IGM Financial’s price is currently Undervalued.
Does IGM Financial pay dividends?
IGM Financial pays a Quarterly dividend of C$0.62 which represents an annual dividend yield of 2.98%. See more information on IGM Financial dividends here
What is IGM Financial’s EPS estimate?
IGM Financial’s EPS estimate is 1.42.
How many shares outstanding does IGM Financial have?
IGM Financial has 228,580,220 shares outstanding.
What happened to IGM Financial’s price movement after its last earnings report?
IGM Financial reported an EPS of C$1.51 in its last earnings report, beating expectations of C$1.452. Following the earnings report the stock price went up 2.364%.
Which hedge fund is a major shareholder of IGM Financial?
Currently, no hedge funds are holding shares in TSE:IGM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology