TSE:IGM
IGM Financial Inc. (IGM.TO)
Financials 
Technical Analysis 
Jun 2, 2026, 12:00 amThis summary was created by AI, based on 6 opinions in the last 12 months.
IGM Financial Inc. has received positive assessments from analysts, with several experts reporting significant gains on past recommendations. Michael O'Reilly has provided consistent guidance, advising investors to adjust their stop-loss levels strategically to lock in profits while remaining disciplined. The stock has shown an impressive performance trajectory, with increases ranging from 32% to nearly 72% since being highlighted as a top pick. Additionally, market dynamics suggest that while IGM is growing, it is currently trading at a multiple that hints it may be ahead of its fundamentals, particularly given the company's increased investment in private holdings. Overall, there is a sense of caution mixed with optimism as analysts navigate the stock's current valuation and set future targets.
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Premium contentPremium contentPremium contentThey are upping their stake in private investments and added to their Rockefeller position with a high net worth. Investors are not ascribing that much growth and their good holdings are not being factored in. It is trading at 10.5X and growing at 7 1/2 with a 4% dividend. Technically it is a bit ahead of itself.
Premium contentPremium contentWith $144 billion in assets under management, we reiterate IGM as a TOP PICK. Cash reserves are growing while shares are bought back. It trades at 11x earnings, under 2x book and supports a respectable 12% ROE. The robust dividend is backed by a payout ratio under 60% of cash flow. We recommend relaxing the stop (currently at $43) to $40 — due to current financial market uncertainty — looking to achieve $51 — upside potential of 15%. Yield 5.0%
(Analysts’ price target is $51.15)Premium contentPremium contentPremium contentWe reiterate this investment services company, with the WealthSimple brand, as a TOP PICK. We like that cash reserves are growing while debt is aggressively retired and shares bought back. It trades at 11x earnings, 1.3x book, and manages a dividend payout ratio under 50% of cash flow. We recommend trailing up the stop (from $33.00) to $35.50, looking to achieve $44 -- upside potential of 15%. Yield 5.7%
(Analysts’ price target is $43.17)Premium contentFollowing recently reported net earnings growth of 87% over the year, we reiterate IGM as a TOP PICK. Its investment in WealthSimple is up 20%. Cash reserves remain steady as debt is aggressively retired and shares bought back. It trades at 10x earnings, 1.3x book value and supports a 14% ROE. We continue to recommend a stop at $33, looking to achieve $42 — upside potential of 18%. It pays a nice dividend, backed by a payout ratio under 50% of cash flow. Yield 6.3%
(Analysts’ price target is $41.71)Premium contentHis best guess is that GWO might be the best performer of the 3, though it's not particularly liquid but shouldn't be an issue for the retail investor. Insurance companies tend to do well in a rising rate environment, because it tends to discount their liabilities to a degree.
Premium contentPremium contentIGM is one of Canada's largest diversified wealth management companies with over $250 billion under management. It trades at 9x earnings, 1.3x book and operates with 35% margins. It pays a good dividend, backed by a payout ratio under 50% of cash flow. Quarterly cash reserves are growing, while debt is being reduced. We recommend placing a stop-loss at $27, looking to achieve $40 -- upside potential of 18%. Yield 6.0%
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IGM Financial Inc. (IGM.TO) Frequently Asked Questions
What is IGM Financial Inc. stock symbol?
IGM Financial Inc. is a Canadian stock, trading under the symbol IGM.TO (previously IGM-T on Stockchase) on the Toronto Stock Exchange (IGM-CT). It is usually referred to as TSX:IGM or IGM.TO
Is IGM Financial Inc. a buy or a sell?
In the last year, 5 stock analysts published opinions about IGM.TO (previously IGM-T on Stockchase). 5 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for IGM Financial Inc..
Is IGM Financial Inc. a good investment or a top pick?
IGM Financial Inc. was recommended as a Top Pick by The Panic-Proof Portfolio (Stockchase Research) on 2023-11-28. Read the latest stock experts ratings for IGM Financial Inc..
Why is IGM Financial Inc. stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.
Is IGM Financial Inc. worth watching?
5 stock analysts on Stockchase covered IGM Financial Inc. in the last year. It is a trending stock that is worth watching.
What is IGM Financial Inc. stock price?
On 2026-06-02, IGM Financial Inc. (IGM.TO) stock closed at a price of $80.17.
Our PAST TOP PICK with IGM has triggered its stop at $63. To remain disciplined, we recommend covering the position at this time. When combined with previous guidance, this will result in a net investment gain of 63%.