IGM Financial stock analysis
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IGM Financial (IGM) Stock Price & Analysis
IGM Stock Chart & Stats
- 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.)
- EPS Estimate
- 1.42
- Next Dividend Ex-Date
- Dec 30, 2026
- 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
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IGM Financial Stock Smart Score
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.
- Sector
- Financial
- Industry
- Asset Management
- CEO
- Damon Murchison
- Employees
- 3,594
- Website
- www.igmfinancial.com
- Address
- 447 Portage Avenue, Winnipeg, MB, R3B 3H5, CA
IGM Financial (IGM) Earnings & Revenues
IGM Company Deck
IGM Earnings Call
Earnings Call SentimentPositive
The call was strongly positive. Highlights significantly outweighed lowlights, with record or improving results across IGM's core businesses, strong flows and asset growth at IG Wealth, Mackenzie, Rockefeller, Wealthsimple, and Northleaf, disciplined capital returns, low leverage, and continued strategic investment in AI and simplification. The main challenges were declines in mortgage fundings, advisory and asset management fee rates, China AMC performance, and higher Mackenzie variable compensation expenses.
View all TSE:IGM earnings summariesIGM Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 6 | 5 | 11 |
| Technical Analysis | 4 | 5 | 1 |
| Moving Averages | 2 | 0 | 10 |












