IGM Financial (IGM.TO) Stock Price

IGM Financial Price

TSX·CLOSED
89.35CAD-0.40 (-0.45 %)
Market closed

Over the last 19 years IGM Financial grew revenue by 2.0% annually, reaching 3.82 B CAD. Earnings per share have grown at 2.5% per year over the last 19 years. For IGM Financial, the net margin of 28.8% is up versus 27.3% a few years ago. At today's price the dividend yield works out to roughly 2.52%. The payout ratio is around 48% of earnings. The dividend has grown at 2.0% per year over the past 19 years. The consensus 12-month price target for IGM Financial is 69.36 CAD, about 22.4% below where the stock trades today. Of 12 analysts, 5 rate the stock a buy — an overall Hold consensus. The stock trades about 89% above its 52-week low.

IGM Financial stock price

Volume
Ex-Dividend
Details

Stock Price

ⓘ

How to Read This Chart

This chart tracks the historical stock price of IGM Financial over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how IGM Financial stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing IGM Financial's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

IGM Financial Stock Price History
DateIGM Financial Price
8/6/202689.35 CAD
8/5/202689.75 CAD
8/4/202690.57 CAD
7/31/202687.16 CAD
7/30/202686.44 CAD
7/29/202682.82 CAD
7/27/202683.95 CAD
7/23/202682.91 CAD
7/22/202684.78 CAD
7/21/202684.37 CAD
7/20/202683.92 CAD
7/17/202684.89 CAD
7/16/202685.85 CAD
7/15/202687.01 CAD
7/14/202685.51 CAD
7/13/202682.67 CAD
7/10/202684.00 CAD
7/9/202681.23 CAD
7/8/202679.32 CAD
7/7/202679.98 CAD
7/6/202680.97 CAD
7/3/202679.93 CAD
7/2/202679.96 CAD
6/30/202679.18 CAD
6/29/202676.27 CAD
6/26/202676.70 CAD
6/25/202677.25 CAD
6/24/202677.58 CAD
6/23/202678.68 CAD
6/22/202678.29 CAD
6/19/202681.44 CAD
6/18/202683.73 CAD
6/17/202684.08 CAD
6/16/202681.21 CAD
6/15/202681.24 CAD
6/12/202681.44 CAD
6/11/202679.41 CAD
6/10/202680.05 CAD
6/9/202681.32 CAD
6/8/202680.44 CAD
6/5/202680.53 CAD
6/4/202680.05 CAD
6/3/202678.99 CAD
6/2/202679.50 CAD
6/1/202678.39 CAD
5/29/202677.59 CAD
5/28/202677.55 CAD
5/27/202678.00 CAD
5/26/202678.28 CAD
5/25/202678.50 CAD
5/22/202677.45 CAD
5/21/202677.59 CAD
5/20/202678.14 CAD
5/19/202677.47 CAD
5/15/202677.64 CAD
5/14/202678.33 CAD
5/13/202676.80 CAD
5/12/202676.99 CAD
5/11/202677.38 CAD
5/8/202677.14 CAD
5/7/202675.91 CAD
5/6/202676.77 CAD
5/5/202676.29 CAD
5/4/202675.60 CAD
5/1/202676.42 CAD
4/30/202675.73 CAD
4/29/202673.23 CAD
4/28/202673.21 CAD
4/27/202673.57 CAD
4/24/202674.42 CAD
4/23/202674.42 CAD
4/22/202673.55 CAD
4/21/202673.22 CAD
4/20/202674.57 CAD
4/17/202674.19 CAD
4/16/202672.99 CAD
4/15/202672.95 CAD
4/14/202672.53 CAD
4/13/202670.69 CAD
4/10/202669.27 CAD
4/9/202669.06 CAD
4/8/202668.26 CAD
4/7/202667.11 CAD
4/6/202667.22 CAD
4/2/202667.06 CAD
4/1/202667.24 CAD
3/31/202666.28 CAD
3/30/202663.72 CAD
3/27/202663.71 CAD
3/26/202665.10 CAD
3/25/202665.12 CAD
3/24/202663.95 CAD
3/23/202663.43 CAD
3/20/202661.86 CAD
3/19/202662.45 CAD
3/18/202664.15 CAD
3/17/202664.76 CAD
3/16/202664.03 CAD
3/13/202663.68 CAD
3/12/202663.94 CAD
3/11/202664.79 CAD
3/10/202664.88 CAD
3/9/202664.51 CAD
3/6/202665.84 CAD
3/5/202668.23 CAD
3/4/202668.57 CAD
3/3/202667.07 CAD
3/2/202667.62 CAD
2/27/202667.86 CAD
2/26/202669.31 CAD
2/25/202668.24 CAD
2/24/202668.80 CAD
2/23/202667.32 CAD
2/20/202667.07 CAD
2/19/202665.80 CAD
2/18/202667.11 CAD
2/17/202666.94 CAD
2/13/202666.08 CAD
2/12/202660.95 CAD
2/11/202662.01 CAD
2/10/202666.63 CAD
2/9/202667.23 CAD
2/6/202667.08 CAD
2/5/202666.47 CAD
2/4/202667.03 CAD
2/3/202665.92 CAD
2/2/202667.35 CAD
1/30/202665.86 CAD
1/29/202666.49 CAD
1/28/202667.40 CAD
1/27/202667.01 CAD
1/26/202666.42 CAD
1/23/202665.68 CAD
1/22/202667.18 CAD
1/21/202667.75 CAD
1/20/202666.00 CAD
1/19/202667.60 CAD
1/16/202667.05 CAD
1/15/202666.35 CAD
1/14/202664.54 CAD
1/13/202663.98 CAD
1/12/202664.30 CAD
1/9/202663.44 CAD
1/8/202663.71 CAD
1/7/202663.68 CAD
1/6/202663.71 CAD
1/5/202663.52 CAD
1/2/202661.92 CAD
12/31/202561.81 CAD
12/30/202561.77 CAD
12/29/202562.59 CAD
12/24/202562.31 CAD
12/23/202562.63 CAD
12/22/202562.99 CAD
12/19/202561.75 CAD
12/18/202562.60 CAD
12/17/202562.04 CAD
12/16/202562.39 CAD
12/15/202561.78 CAD
12/12/202560.70 CAD
12/11/202560.45 CAD
12/10/202559.57 CAD
12/9/202559.00 CAD
12/8/202558.31 CAD
12/5/202557.96 CAD
12/4/202557.94 CAD
12/3/202557.14 CAD
12/2/202556.88 CAD
12/1/202557.17 CAD
11/28/202557.05 CAD
11/27/202557.43 CAD
11/26/202557.46 CAD
11/25/202557.28 CAD
11/24/202556.61 CAD
11/21/202556.07 CAD
11/20/202555.51 CAD
11/19/202555.94 CAD
11/18/202555.50 CAD
11/17/202555.56 CAD
11/14/202555.61 CAD
11/13/202556.41 CAD
11/12/202557.32 CAD
11/11/202556.26 CAD
11/10/202556.11 CAD
11/7/202553.71 CAD
11/6/202553.50 CAD
11/5/202554.82 CAD
11/4/202554.30 CAD
11/3/202554.71 CAD
10/31/202553.95 CAD
10/30/202553.50 CAD
10/29/202553.50 CAD
10/28/202554.53 CAD
10/27/202554.42 CAD
10/24/202554.29 CAD
10/23/202553.19 CAD
10/22/202553.51 CAD
10/21/202554.29 CAD
10/20/202553.85 CAD
10/17/202552.96 CAD
10/16/202553.15 CAD
10/15/202554.26 CAD
10/14/202553.15 CAD
10/10/202551.35 CAD
10/9/202551.59 CAD
10/8/202551.91 CAD
10/7/202551.25 CAD
10/6/202551.31 CAD
10/3/202551.45 CAD
10/2/202550.90 CAD
10/1/202550.58 CAD
9/30/202550.66 CAD
9/29/202550.50 CAD
9/26/202550.16 CAD
9/25/202550.93 CAD
9/24/202551.37 CAD
9/23/202551.31 CAD
9/22/202551.31 CAD
9/19/202551.07 CAD
9/18/202551.22 CAD
9/17/202550.55 CAD
9/16/202550.78 CAD
9/15/202550.96 CAD
9/12/202551.06 CAD
9/11/202550.83 CAD
9/10/202549.87 CAD
9/9/202549.78 CAD
9/8/202549.79 CAD
9/5/202549.97 CAD
9/4/202550.23 CAD
9/3/202549.36 CAD
9/2/202549.09 CAD
8/29/202549.24 CAD
8/28/202549.58 CAD
8/27/202549.05 CAD
8/26/202549.33 CAD
8/25/202548.35 CAD
8/22/202548.75 CAD
8/21/202548.50 CAD
8/20/202548.58 CAD
8/19/202548.48 CAD
8/18/202548.59 CAD
8/15/202548.32 CAD
8/14/202548.47 CAD
8/13/202548.15 CAD
8/12/202548.21 CAD
8/11/202547.61 CAD
8/8/202547.34 CAD
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IGM Financial Revenue, EBIT, Net Income

  • 3 Years

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  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
3.59 B CAD
1.38 B CAD
978.95 M CAD
Jan 1, 2022
3.15 B CAD
1.22 B CAD
867.24 M CAD
Jan 1, 2023
3.70 B CAD
1.41 B CAD
1.15 B CAD
Jan 1, 2024
3.49 B CAD
1.34 B CAD
933.51 M CAD
Jan 1, 2025
3.82 B CAD
1.45 B CAD
1.10 B CAD
Jan 1, 2026 (e)
4.14 B CAD
1.62 B CAD
1.28 B CAD
Jan 1, 2027 (e)
4.50 B CAD
1.76 B CAD
1.43 B CAD
Jan 1, 2028 (e)
4.50 B CAD
1.76 B CAD
1.57 B CAD

IGM Financial Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 8, 2026, 6:15 AM
 
REVENUEB CAD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB CAD
EBITB CAD
EBIT MARGIN%
NET INCOMEB CAD
NET INCOME GROWTH%
DIV.CAD
DIV. GROWTH%
SHARESM
20132014201520162017201820192020202120222023202420252026e2027e2028e
2.602.832.922.943.063.103.023.153.593.153.703.493.824.144.504.50
3.639.013.070.794.011.34-2.554.3013.87-12.2117.56-5.709.428.488.66-0.09
65.8764.9563.5662.9362.6264.5467.8148.3548.5648.6538.7148.7363.6163.6163.6163.61
1.711.841.851.851.922.002.051.521.741.531.431.702.432.642.862.86
1.281.291.351.401.501.531.251.111.381.221.411.341.451.621.761.76
49.1945.5846.2847.7649.1549.2741.4635.2438.5038.7438.0938.3337.8539.1439.1539.14
0.770.760.780.780.610.780.750.760.980.871.150.931.101.281.431.57
0.39-1.042.36-0.13-21.6927.21-3.612.1428.01-11.3532.41-18.7317.9016.0912.229.63
2.152.182.252.252.252.252.252.252.252.252.252.662.252.482.482.48
–0.933.69––––––––18.22-15.4110.22––
253.41251.42243.21240.82241.08240.94238.32238.47241.25237.81238.16238.09237.05237.05237.05237.05
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales IGM Financial generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue IGM Financial retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare IGM Financial's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares IGM Financial has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against IGM Financial's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

IGM Financial stock margins

The IGM Financial margin analysis displays the gross margin, EBIT margin, as well as the profit margin of IGM Financial. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for IGM Financial.

  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
48.57 %
38.51 %
27.29 %
Jan 1, 2022
48.66 %
38.75 %
27.54 %
Jan 1, 2023
38.72 %
38.10 %
31.03 %
Jan 1, 2024
48.73 %
38.35 %
26.73 %
Jan 1, 2025
63.62 %
37.86 %
28.81 %
Jan 1, 2026 (e)
63.62 %
39.16 %
30.82 %
Jan 1, 2027 (e)
63.62 %
39.16 %
31.82 %
Jan 1, 2028 (e)
63.62 %
39.16 %
34.93 %

IGM Financial Stock Revenue, EBIT, Earnings per Share

The IGM Financial earnings per share therefore indicates how much revenue IGM Financial has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
14.87 CAD
5.73 CAD
4.06 CAD
Jan 1, 2022
13.24 CAD
5.13 CAD
3.65 CAD
Jan 1, 2023
15.55 CAD
5.92 CAD
4.82 CAD
Jan 1, 2024
14.67 CAD
5.62 CAD
3.92 CAD
Jan 1, 2025
16.12 CAD
6.10 CAD
4.64 CAD
Jan 1, 2026 (e)
17.46 CAD
6.85 CAD
5.38 CAD
Jan 1, 2027 (e)
18.98 CAD
7.44 CAD
6.04 CAD
Jan 1, 2028 (e)
18.96 CAD
7.43 CAD
6.62 CAD

IGM Financial business model & stock analysis

IGM Financial Inc. is a Canadian company that was founded in 1926. The company is listed on the Toronto Stock Exchange and is one of the largest publicly traded corporate groups in Canada. It focuses on wealth management and investment advisory services for affluent individuals and institutional investors. IGM operates as a holding company for three major subsidiaries: Investors Group Inc., Mackenzie Financial Corporation, and Investment Planning Counsel Inc. Investors Group offers a wide range of investment products, Mackenzie provides investment funds, and IPC offers financial planning services. IGM is committed to meeting the financial needs of its clients and aims to continue its growth and success in the future.

IGM Financial SWOT Analysis

Strengths

1. Established Reputation: IGM Financial Inc has a long-standing reputation in the financial industry, built through years of experience and successful operations.

2. Strong Brand Portfolio: The company owns and operates multiple well-known brands, allowing for diversification and increased market presence.

3. Robust Financial Performance: IGM Financial Inc consistently demonstrates strong financial performance, with steady revenue growth and solid profitability.

Weaknesses

1. Dependence on Market Conditions: As a financial company, IGM Financial Inc is highly dependent on market conditions, making it susceptible to economic fluctuations and downturns.

2. Limited Geographic Presence: Although the company has a strong presence in its domestic market, its international operations and market share are relatively small.

3. Regulatory Compliance Burden: The financial industry is subject to strict regulations, and IGM Financial Inc must allocate significant resources to ensure compliance, potentially impacting operational efficiency.

Opportunities

1. Emerging Markets: IGM Financial Inc has the potential to expand into emerging markets, capitalizing on growing demand for financial services in these regions.

2. Technological Advancements: Adoption of innovative technologies can enhance operational efficiency, customer experience, and create new revenue streams for the company.

3. Increasing Financial Awareness: As financial literacy and awareness continue to rise, there is an opportunity for IGM Financial Inc to provide educational resources and tap into an expanding client base.

Threats

1. Intense Competition: The financial industry is highly competitive, with numerous established players and newer fintech startups vying for market share.

2. Economic Uncertainty: Changes in economic conditions, such as recessions or financial crises, can negatively impact IGM Financial Inc's business and investment performance.

3. Regulatory Changes: Frequent changes in regulations, both domestically and internationally, can create challenges for the company in terms of compliance and adapting to new regulatory frameworks.

IGM Financial Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

IGM Financial historical P/E ratio, EBIT multiple, and P/S ratio

IGM Financial annual returns

Details

Annual Return

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What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

IGM Financial shares outstanding

The number of shares of IGM Financial was 237.05 M in 2025. This indicates how many shares IGM Financial is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
241.25 M Stocks
Jan 1, 2022
237.81 M Stocks
Jan 1, 2023
238.16 M Stocks
Jan 1, 2024
238.09 M Stocks
Jan 1, 2025
237.05 M Stocks
Jan 1, 2026 (e)
237.05 M Stocks
Jan 1, 2027 (e)
237.05 M Stocks
Jan 1, 2028 (e)
237.05 M Stocks

IGM Financial stock splits

In IGM Financial's history, there have been no stock splits.

IGM Financial Dividend History

38 years of dividend payments

YearAnnual DividendYoY ChangePayments
20260.62CADYTD—1×
Mar 31, 20260.62CAD↑ 10.2%1/1
20252.25CAD↓ 15.4%4×
Mar 31, 20250.56CAD 0.0%1/4
Jun 30, 20250.56CAD 0.0%2/4
Sep 26, 20250.56CAD 0.0%3/4
Dec 30, 20250.56CAD 0.0%4/4
20242.66CAD↑ 18.2%5×
20232.25CAD 0.0%4×
20222.25CAD 0.0%4×
20212.25CAD 0.0%4×
20202.25CAD 0.0%4×
20192.25CAD 0.0%4×
20182.25CAD 0.0%4×
20172.25CAD 0.0%4×

IGM Financial dividend history and estimates

In 2025, IGM Financial paid a dividend amounting to 2.25 CAD. Dividend means that IGM Financial distributes a portion of its profits to its owners.

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  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
2.25 CAD
0.00 CAD
Jan 1, 2022
2.25 CAD
0.00 CAD
Jan 1, 2023
2.25 CAD
0.00 CAD
Jan 1, 2024
2.66 CAD
0.00 CAD
Jan 1, 2025
2.25 CAD
0.00 CAD
Jan 1, 2026 (e)
0.62 CAD
1.86 CAD
Jan 1, 2027 (e)
0.00 CAD
2.48 CAD
Jan 1, 2028 (e)
0.00 CAD
2.48 CAD

IGM Financial dividend payout ratio

In 2025, IGM Financial had a payout ratio of 48.45%. The payout ratio indicates the percentage of the company's profits that IGM Financial distributes as dividends.

  • 3 Years

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  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
55.45 %
Jan 1, 2022
61.70 %
Jan 1, 2023
46.64 %
Jan 1, 2024
57.39 %
Jan 1, 2025
48.45 %
Jan 1, 2026 (e)
46.08 %
Jan 1, 2027 (e)
41.07 %
Jan 1, 2028 (e)
37.45 %

Current IGM Financial forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
41.67 % (5)
Hold
58.33 % (7)
Sell
0.00 % (0)
12M Price Target
69.36
Last Price
89.35
Currency
CAD
12M Return Potential
-22.37 %
LTM Return
0 %

IGM Financial Analyst Rating Actions

DateFirmActionRating
11/7/2022
TD Securities
TD Securities
DowngradeBuyHold

IGM Financial Earnings Calls

2025

IGM Financial Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
5/1/20240.83CAD--CAD-2024 Q1
2/7/20240.84CAD-845.37 MCAD-2023 Q4
8/2/20230.88CAD-871.07 MCAD-2023 Q2
5/3/20230.82CAD-853.01 MCAD-2023 Q1
2/8/20230.84CAD-838.36 MCAD-2022 Q4
11/3/20220.87CAD-851.83 MCAD-2022 Q3
8/4/20220.93CAD-878.51 MCAD-2022 Q2
5/5/20220.99CAD-917.89 MCAD-2022 Q1
2/10/20221.09CAD-929.93 MCAD-2021 Q4
11/4/20211.06CAD-902.53 MCAD-2021 Q3
...

EESG©

Eulerpool ESG Scorecard© for the IGM Financial stock

89/100
99
Environment
99
Social
70
Governance
E

Environment

20
Scope 1 - Direct Emissions593
Scope 2 - Indirect emissions from purchased energy7
Scope 3 - Indirect emissions within the value chain38,530
Total CO₂ emissions600
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees56.7
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees7.1
Black Management Share4.5
Percentage of white employees60.4
White Management Share68.9
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

IGM Financial shareholder structure

% Name
1.46800%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
1.16950%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
0.44063%
Norges Bank Investment Management (NBIM)
Norges Bank Investment Management (NBIM)
0.42518%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
0.36857%
CI Global Asset Management
CI Global Asset Management
0.30145%
BMO Asset Management Inc.
BMO Asset Management Inc.
...

IGM Financial Beneficial Ownership Filings (SEC 13D/G)

Free Float
35.9%
Float Shares
-
Shares Outstanding
-

IGM Financial Executives and Management Board

24 members · avg. age 64 · 38 % women

JO

Mr. James O'Sullivan (61)

President, Chief Executive Officer, Director · since 2020

8.51 M CAD

Management

DM

Mr. Damon Murchison

President and Chief Executive Officer of IG Wealth Management

6.48 M CAD
LG

Mr. Luke Gould

President and Chief Executive Officer of Mackenzie Investments · since 2022

4.26 M CAD
KP

Mr. Keith Potter

Chief Financial Officer, Executive Vice President

1.72 M CAD
RG

Ms. Rhonda Goldberg

Executive Vice President, General Counsel

1.27 M CAD
NM

Ms. Nancy McCuaig

Chief Operations Officer, Executive Vice President

–
CC

Ms. Cynthia Currie

Chief Human Resources Officer, Executive Vice President

–

Board of Directors

RO

Mr. R. Jeffrey Orr (66)

Independent Chairman of the Board · since 2001

340,000.00 CAD
JM

Mr. John McCallum (81)

Independent Director

285,000.00 CAD
BW

Ms. Beth Wilson (56)

Independent Director

260,000.00 CAD
CG

Mr. Claude Genereux (63)

Independent Director

255,000.00 CAD
MB

Mr. Marc Bibeau (65)

Independent Director

235,000.00 CAD
SD

Ms. Susan Doniz (55)

Independent Director

235,000.00 CAD

Frequently asked questions about IGM Financial

IGM Financial Inc. operates as a diversified financial services company, providing a range of investment management and financial planning services. The company's business model focuses on offering comprehensive and customized financial solutions to individual and institutional investors. Through its subsidiaries, IGM Financial Inc. offers mutual funds, exchange-traded funds (ETFs), managed asset programs, and other investment products. The company also provides financial planning and advisory services through its network of affiliated advisors. With a commitment to delivering personalized advice and investment solutions, IGM Financial Inc. aims to meet the diverse investment needs of its clients.

IGM Financial Inc is primarily active in the financial services industry.

The main competitors of IGM Financial Inc in the market are other large financial institutions and investment management companies such as Power Corporation of Canada, Great-West Lifeco, Manulife Financial, and Sun Life Financial. These competitors operate in similar sectors and offer similar financial products and services, making the market highly competitive. However, IGM Financial Inc differentiates itself through its unique investment strategies and diverse range of products, aiming to attract and retain a loyal customer base.

IGM Financial Inc, a leading Canadian financial services company, has a rich history and solid background. Founded in 1926, IGM Financial Inc has since grown to become one of Canada's largest investment management firms. With its head office in Winnipeg, Manitoba, the company operates through several subsidiaries, including Investors Group and Mackenzie Investments. IGM Financial Inc offers a wide range of financial products and services, including mutual funds, ETFs, and managed portfolios. As a trusted name in the industry, IGM Financial Inc has built a strong reputation for providing innovative investment solutions and exceptional client service throughout its long-standing history.

IGM Financial Inc has achieved several significant milestones in its history. With a strong track record, the company has become one of Canada's leading diversified wealth and asset management companies. Over the years, IGM Financial Inc has successfully expanded its business through strategic acquisitions, delivering substantial growth and value to its shareholders. With a commitment to innovation and customer-centric approaches, IGM Financial Inc has consistently provided exceptional financial services and solutions to its clients. Through its subsidiary, Investors Group, the company has established a trusted brand and solid reputation for its comprehensive range of investment products and services. As a result, IGM Financial Inc has garnered industry recognition and maintained its position as a prominent player in the financial markets.

IGM Financial Inc is primarily present in Canada.

IGM Financial Inc is a leading financial services company that upholds strong values and corporate philosophy. The company believes in providing exceptional client experiences through integrity, teamwork, and innovation. IGM Financial Inc is committed to delivering personalized investment solutions and maintaining a long-term relationship with its clients. With a focus on professional excellence and a dedication to putting clients first, IGM Financial Inc has gained a reputation for its commitment to sustainability and social responsibility. Through its subsidiaries, IGM Financial Inc offers a wide range of investment and wealth management services, ensuring investors receive trusted guidance and access to quality financial products.

Analysts currently set an average price target of 71.69 CAD for the IGM Financial stock (median: 69.36 CAD), implying -19.8 % versus the latest price. The consensus is based on 12 analyst ratings.

IGM Financial Analyst Price Targets 2026

12 analysts currently rate the IGM Financial stock: 5 recommend buying, 6 holding and 1 selling. For 2026, analysts expect IGM Financial to generate revenue of 4.14 B CAD and earnings per share of 5.39 CAD.

IGM Financial Analyst Price Targets 2026

Converted at the current exchange rate, the IGM Financial share trades at 55.42 EUR (89.35 CAD).

The IGM Financial share (IGM.TO) is listed on 3 stock exchanges, including: Frankfurt (C7G.F), Toronto (IGM.TO).

IGM Financial Inc. is a Canadian company that operates in the asset management sector. The company is divided into three main business areas: investment funds, private wealth management, and insurance. IGM Financial is one of the largest asset managers in Canada and manages assets worth billions of dollars. The investment fund is IGM Financial's first main business area. Through its subsidiaries and brands, "Mackenzie Investments" and "Investors Group," the company offers a wide range of investment funds for the Canadian market. Mackenzie Investments is one of the largest investment managers in Canada and offers over 100 different investment funds to its clients. The product range includes equity, bond, money market, and alternative funds tailored to the needs of the clients. Investors Group also offers a wide range of investment funds for its clients. The second main business area of IGM Financial is private wealth management. Through its subsidiaries, "Mackenzie Private Wealth Group" and "Investors Group Private Client," the company provides a range of services for affluent clients. Mackenzie Private Wealth Group is a full-service wealth management business focused on the needs of high-net-worth individuals. The company offers a comprehensive range of wealth management services, including investment advice, portfolio management, estate planning, and tax planning. On the other hand, Investors Group Private Client offers financial planning and asset management for higher net worth clients. IGM Financial's third main business area is the insurance business, operated through its subsidiary "Mackenzie Insurance." It is an insurance company that offers life insurance and annuity products for the Canadian market. The products are specifically tailored to the needs of investors seeking long-term capital gains and tax advantages. In summary, the business model of IGM Financial Inc. is focused on managing and growing its clients' assets. The company offers a wide range of services to serve clients with different needs – from investment funds and wealth management to insurance solutions. The company also pursues a successful business strategy based on expanding its operations and building customer relationships. With its national presence and diverse product offering, IGM Financial Inc. is a significant player in the Canadian financial market and is expected to remain an important player in the future.

The expected revenue of IGM Financial is 4.14 B CAD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of IGM Financial is 1.28 B CAD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of IGM Financial is currently 16.58. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the IGM Financial stock.

The price-to-sales ratio (P/S) of IGM Financial is currently 5.11. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the IGM Financial stock.

The Eulerpool Quality Score for IGM Financial is 5/10.

The ISIN of IGM Financial is CA4495861060. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of IGM Financial is A0CBFW. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of IGM Financial is IGM.TO. The ticker symbol is used to trade IGM Financial shares on the stock exchange.

Over the past 12 months, IGM Financial paid a dividend of 2.25 CAD . This corresponds to a dividend yield of about 2.52 %. For the coming 12 months, IGM Financial is expected to pay a dividend of 2.48 CAD.

The current dividend yield of IGM Financial is 2.52 %.

IGM Financial pays a dividend, distributed in the months of , , , .

IGM Financial paid dividends every year for the past 37 years.

For the upcoming 12 months, dividends amounting to 2.48 CAD are expected. This corresponds to a dividend yield of 2.76 %.

IGM Financial is assigned to the 'Finance' sector.

To receive the latest dividend of IGM Financial from amounting to 0.62 CAD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, IGM Financial distributed 2.66 CAD as dividends.

The dividends of IGM Financial are distributed in CAD.

All fundamentals and in-depth analysis of IGM Financial

Our stock analysis for IGM Financial stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of IGM Financial. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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