
TSE:CIX
This summary was created by AI, based on 1 opinions in the last 12 months.
CI Financial Corp has been receiving strong attention from analysts and investors alike, particularly noted for being a top pick in September 2024, with an impressive return of 86%. The company's strategic direction and past performance have fostered positive sentiment in the market. Moreover, its announcement of going private in August 2025 has generated further interest, suggesting a potential shift in investor confidence. This transition may create new opportunities for growth and stability within the organization. Overall, the combination of these factors indicates a robust outlook for CI Financial Corp moving forward.
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 PAST TOP PICK. Read the latest stock experts' ratings for CI Financial Corp.
CI Financial Corp was recommended as a Top Pick by Richard Fogler on 2025-09-05. 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.)