IGM Financial Inc. (TSE:IGM) Given Consensus Rating of “Hold” by Analysts

Shares of IGM Financial Inc. (TSE:IGM) have earned an average recommendation of “Hold” from the seven research firms that are currently covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is C$68.57.

A number of brokerages have commented on IGM. BMO Capital Markets boosted their target price on IGM Financial from C$57.00 to C$68.00 in a research note on Monday, January 26th. Canadian Imperial Bank of Commerce raised their price target on IGM Financial from C$61.00 to C$68.00 in a research note on Wednesday, January 21st. Royal Bank Of Canada lifted their price target on IGM Financial from C$51.00 to C$65.00 and gave the company a “sector perform” rating in a report on Monday, January 26th. National Bank Financial boosted their price target on IGM Financial from C$68.00 to C$82.00 and gave the company an “outperform” rating in a research note on Wednesday, February 4th. Finally, TD Securities increased their price objective on IGM Financial from C$73.00 to C$76.00 and gave the stock a “buy” rating in a report on Tuesday, February 17th.

IGM Financial Trading Down 0.9%

Shares of TSE:IGM opened at C$61.86 on Friday. The firm has a fifty day moving average of C$66.03 and a two-hundred day moving average of C$59.23. The company has a quick ratio of 0.31, a current ratio of 4.55 and a debt-to-equity ratio of 82.52. IGM Financial has a 12-month low of C$38.89 and a 12-month high of C$69.48. The firm has a market capitalization of C$14.49 billion, a P/E ratio of 13.33, a price-to-earnings-growth ratio of 4.09 and a beta of 1.00.

IGM Financial (TSE:IGM) last posted its quarterly earnings results on Thursday, February 12th. The financial services provider reported C$1.27 EPS for the quarter. IGM Financial had a net margin of 28.81% and a return on equity of 13.03%. The business had revenue of C$1.05 billion for the quarter. On average, equities analysts expect that IGM Financial will post 4.006816 EPS for the current fiscal year.

IGM Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Friday, January 30th were paid a dividend of $0.5625 per share. This is a positive change from IGM Financial’s previous quarterly dividend of $0.56. The ex-dividend date was Tuesday, December 30th. This represents a $2.25 annualized dividend and a dividend yield of 3.6%. IGM Financial’s dividend payout ratio (DPR) is currently 48.49%.

Insider Buying and Selling at IGM Financial

In other news, Director James Patrick O’sullivan sold 25,000 shares of the firm’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of C$68.73, for a total transaction of C$1,718,250.00. Following the transaction, the director owned 38,229 shares in the company, valued at approximately C$2,627,479.17. This trade represents a 39.54% decrease in their position. In the last quarter, insiders have sold 92,400 shares of company stock worth $6,306,649. 66.58% of the stock is currently owned by company insiders.

IGM Financial Company Profile

Mackenzie Investments (“Mackenzie”) is a Canadian investment management firm with approximately $244 billion (CAD) in assets under management as of December 31, 2025. Mackenzie seeks to create a more invested world by delivering strong investment performance and offering innovative portfolio solutions and related services to more than one million retail and institutional clients through multiple distribution channels. Founded in 1967, it is a global asset manager with offices across Canada as well as in Beijing, Boston, Dublin, Hong Kong and London.