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IGM Stock Chart & Stats
C$83.29
C$0.11(0.13%)
At close: 4:00 PM EDT
C$83.29
C$0.11(0.13%)
Day’s Range― - ―
52-Week RangeC$47.10 - C$92.01
Previous CloseN/A
Volume115.80K
Average Volume (3M)315.56K
Market Cap
C$20.88B
Enterprise ValueC$24.77K
Total Cash (Recent Filing)C$1.52B
Total Debt (Recent Filing)C$7.68B
Price to Earnings (P/E)18.0
Beta0.90
Next Earnings
Nov 05, 2026EPS Estimate
1.47Next Dividend Ex-DateN/A
Dividend Yield2.65%
Share Statistics
EPS (TTM)4.97
Shares Outstanding231,514,950
10 Day Avg. Volume320,535
30 Day Avg. Volume315,559
Financial Highlights & Ratios
PEG Ratio0.71
Price to Book (P/B)1.63
Price to Sales (P/S)3.83
P/FCF Ratio15.97
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$88.00Price Target Upside5.65% Upside
Rating ConsensusHold
Number of Analyst Covering6
EPS Forecast (FY)5.42
Revenue Forecast (FY)C$4.14B
Bulls Say, Bears Say
Bulls Say
High And Stable ProfitabilitySustained high margins indicate durable operating leverage across IGM’s wealth and asset management platforms. Strong profitability supports reinvestment, dividends, and buybacks while providing a buffer versus market-driven revenue swings, strengthening long-term earnings quality.
Improving Cash GenerationConsistent and improving free cash flow close to reported earnings enhances capital allocation flexibility. Robust cash generation funds buybacks, reinvestment in tech/AI, and debt paydown without relying on volatile market-driven revenues, supporting multi-year financial resilience.
Diversified AUM GrowthBroad-based asset growth across IG Wealth, Mackenzie and Wealthsimple diversifies fee sources and distribution channels. Scale gains (larger AUM and adviser penetration) reduce unit economics sensitivity and support stable fee revenues over a multi-quarter horizon.
Bears Say
Fee Rate PressurePersistent fee compression from product mix and institutional onboarding erodes revenue per asset over time. Even with AUM growth, lower average fees make revenue and margin improvement harder to sustain, pressuring long-term organic revenue growth.
Market Sensitivity Of EarningsMaterial dependence on market returns and net flows means economic or market drawdowns can quickly reverse revenue and fee trends. This structural sensitivity increases earnings cyclicality and complicates multi-quarter visibility for cash flows and capital returns.
Meaningful Remaining LeverageAlthough leverage has improved, the company still carries meaningful debt relative to equity. In weaker markets or slower cash generation periods, servicing and refinancing risk constrain flexibility for M&A, buybacks, or funding large tech investments over the coming 2–6 months.
IGM Financial News
IGM FAQ
What was IGM Financial’s price range in the past 12 months?
IGM Financial lowest stock price was C$47.10 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$20.88B.
When is IGM Financial’s upcoming earnings report date?
IGM Financial’s upcoming earnings report date is Nov 05, 2026 which is in 86 days.
How were IGM Financial’s earnings last quarter?
IGM Financial released its earnings results on Jul 29, 2026. The company reported C$1.41 earnings per share for the quarter, beating the consensus estimate of C$1.293 by C$0.117.
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 2.65%. See more information on IGM Financial dividends here
What is IGM Financial’s EPS estimate?
IGM Financial’s EPS estimate is 1.47.
How many shares outstanding does IGM Financial have?
IGM Financial has 231,514,950 shares outstanding.
What happened to IGM Financial’s price movement after its last earnings report?
IGM Financial reported an EPS of C$1.41 in its last earnings report, beating expectations of C$1.293. Following the earnings report the stock price went up 5.505%.
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
IGM Financial Stock Smart Score
Neutral
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10
Analyst Consensus
Hold
Average Price Target:
C$88.00 (5.65% Upside)
C$88.00 (5.65% Upside)
Insider Transactions
Sold Shares
Worth C$19.8M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
30.96%
12-Months-Change
Fundamentals
Return on Equity
2.65%
Trailing 12-Months
Asset Growth
3.92%
Trailing 12-Months
Company Description
IGM Financial
IGM Financial Inc. operates as a prominent wealth and asset management enterprise, serving clients across Canada. The company organizes its extensive operations into three primary segments: Wealth Management, Asset Management, and Strategic Investments and Other. Within its Wealth Management division, IGM Financial delivers a broad spectrum of financial advisory services, alongside the comprehensive IG Living Plan. This plan integrates financial planning with various investment vehicles, insurance products, mortgage and banking solutions, and charitable giving programs. The company further empowers its advisors through the IG Wealth Management Advisor Portal, a sophisticated client relationship management platform, and an advanced dealer platform. This platform is designed to boost automation, support both MFDA and IIROC licensed advisors, and facilitate the launch of new investment products. The firm's diverse product portfolio also includes mutual funds and various portfolio types. Notable offerings are the IG Advisory Account, a fee-based service enabling clients to streamline and consolidate selected investments into one account, and the iProfile Private portfolios, a specialized portfolio management program tailored for investing households. Additionally, IGM Financial offers iProfile Portfolios, a suite of four structured managed solutions, segregated funds, separately managed accounts, fee-based brokerage accounts, insurance products, and a range of securities services. The company also provides management and related services, global investment solutions spanning private equity, private credit, and infrastructure, alongside exchange-traded funds. Established in 1978, IGM Financial Inc. is headquartered in Winnipeg, Canada, and functions as a subsidiary of Power Financial Corporation.
IGM Company Deck
IGM Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized broad-based growth across core businesses and strategic investments—record or multi-year highs in adjusted EPS, AUM/A growth, Wealthsimple revaluation, strong flows at IG Wealth and Mackenzie, and active capital returns—while also acknowledging manageable challenges: fee rate pressure from product mix and institutional onboarding, ChinaAMC flow disruptions tied to national stabilization activity, a restructuring charge to fund AI investments, and some accounting presentation changes tied to Northleaf consolidation. On balance the positives (robust earnings, diversified asset growth, strategic AI and partnership investments, and strong capital management) outweigh the headwinds.View all TSE:IGM earnings summariesIGM Stock 12 Month Forecast
Average Price Target
C$88.00
▲(5.65% Upside)