TSE:IGM
IGM Financial Inc. (IGM-T)
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Technical Analysis
Buy, Sell or Hold?
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Apr 16, 2025, 12:00 amThis summary was created by AI, based on 4 opinions in the last 12 months.
IGM Financial Inc. (IGM-T) has received positive evaluations from various analysts, with Michael O'Reilly highlighting it as a TOP PICK multiple times. The company manages a significant $144 billion in assets and is recognized for its growing cash reserves, aggressive share buybacks, and a respectable ROE of 12%. It trades at an attractive valuation of 11x earnings and under 2x book value, making it appealing for investors. Furthermore, the robust dividend is well-supported by a payout ratio below 60% of cash flow. Analysts suggest maintaining a stop-loss strategy amidst market uncertainty while aiming for a price target of approximately $51, indicating an upside potential of around 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%
(Analysts’ price target is $40.17)Really likes financials for the second half of the year. From July-September, returns are anemic compared to the market. But at the end of the year, financials have good outperformance. Looks fantastic, strong dividend. Likely to take out highs of 2021 over the course of this cycle. Upside until late 2025 or early 2026.
A good dividend and balance sheet is strong. Cash flow, too. Most of your return will come from the dividend. The problem is that they're in a secular growth industry anymore, not like the 1990s or the early 2000s, and it's being disrupted by fintech. IGM is fine, but will not appreciate much.
IGM Financial Inc.(IGM-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 2
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 6
IGM Financial Inc.(IGM-T) Frequently Asked Questions
What is IGM Financial Inc. stock symbol?
IGM Financial Inc. is a Canadian stock, trading under the symbol IGM-T on the Toronto Stock Exchange (IGM-CT). It is usually referred to as TSX:IGM or IGM-T
Is IGM Financial Inc. a buy or a sell?
In the last year, 6 stock analysts published opinions about IGM-T. 2 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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?
6 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 2025-06-30, IGM Financial Inc. (IGM-T) stock closed at a price of $43.02.
With $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)