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TSE:CIX
This summary was created by AI, based on 1 opinions in the last 12 months.
CI Financial Corp (CIX-T) has recently garnered significant attention from analysts and investors alike, particularly following its status as a 'Top Pick' as of September 11, 2024. The stock has shown remarkable growth, with an impressive increase of 86% noted in the reviews. This positive momentum reflects not only investor confidence but also strategic decisions made by the company that are expected to drive further appreciation. However, the landscape has changed as the company was taken private on August 12, 2025, which may alter its investment dynamics and appeal. Overall, CI Financial's performance trajectory appears favorable, making it a noteworthy mention in contemporary investment discussions.
Building US business dramatically, planning to take public sometime in the future. Canadian side is well run, but the mutual funds business hasn't grown in years, perhaps 10% a year. Big dividend. Combining both sides of the business should garner a $35 stock price easily, $50 if they really tried. Yield is 4.6%.
(Analysts’ price target is $19.25)It used to be a great stock and the earnings ratio of 20X has dropped to 5X. It pays a 5% dividend and is buying back stock. The IPO of the U.S. business part is possible. It sold off part of its business to private equity via preferred shares which have a 14% guaranteed annual minimum return.. This could cause losses to common shareholders. He would prefer IGM.
CI Financial Corp is a Canadian stock, trading under the symbol CIX.TO (previously CIX-T on Stockchase) on the Toronto Stock Exchange (CIX-CT). It is usually referred to as TSX:CIX or CIX.TO
In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on CIX.TO (previously CIX-T on Stockchase). 1 analyst recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is TOP PICK. Read the latest stock experts' ratings for CI Financial Corp.
CI Financial Corp was recommended as a Top Pick by The Panic-Proof Portfolio (Stockchase Research) on 2023-05-11. Read the latest stock experts ratings for CI Financial Corp.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for CI Financial Corp.
CI Financial Corp is followed by 167 investors on Stockchase and is a trending stock that is worth watching.
On 2025-08-14, CI Financial Corp (CIX.TO) stock closed at a price of $31.99.
(Taken private 12 August 2025.)