
TSE:CIX
This summary was created by AI, based on 1 opinions in the last 12 months.
CI Financial Corp, symbol CIX-T, has garnered attention for its impressive performance, with a review backing it as a 'Top Pick' on September 11, 2024, highlighting a notable increase of 86%. This significant growth suggests that experts view the company favorably, likely due to its strong fundamentals and market position. Additionally, the impending transition to a private company as of August 12, 2025, could indicate a strategic move aiming to enhance shareholder value or streamline operations further. Overall, the sentiment around CI Financial Corp reflects optimism about its future prospects in the financial sector, suggesting a well-regarded investment choice among analysts. This position accentuates the importance of monitoring upcoming developments as the company navigates its transition and seeks to maintain growth momentum.
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.)