Ci Financial Corp Stock Today

CIX Stock  CAD 24.01  0.06  0.25%   

Performance

35 of 100

 
Weak
 
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Very Strong

Odds Of Distress

Less than 38

 
High
 
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Below Average
CI Financial is selling at 24.01 as of the 25th of November 2024; that is 0.25% increase since the beginning of the trading day. The stock's open price was 23.95. CI Financial has about a 38 percent probability of financial distress in the next few years of operation but had a somewhat very strong performance during the last 90 days. Equity ratings for CI Financial Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of February 2023 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Financial Services
Classification
Financials
CI Financial Corp. is a publicly owned asset management holding company. The firm was founded in 1965 and is based in Toronto, Canada with additional offices in Vancouver, Canada Calgary, Canada and Montreal, Canada. CI FINANCIAL operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange. The company has 143.54 M outstanding shares of which 1.37 M shares are currently shorted by private and institutional investors with about 2.71 days to cover all short positions. More on CI Financial Corp

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Moving against CIX Stock

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CIX Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. CI Financial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding CI Financial or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, CI Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to CI Financial's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOPeter Anderson
Thematic IdeaBanks (View all Themes)
Business ConcentrationAsset Management & Custody Banks, Financial Services, Banks, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
CI Financial's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to CI Financial's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
CI Financial can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand CI Financial's financial leverage. It provides some insight into what part of CI Financial's total assets is financed by creditors.
Liquidity
CI Financial cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. CI Financial Corp has accumulated 5.29 B in total debt with debt to equity ratio (D/E) of 1.33, which is about average as compared to similar companies. CI Financial Corp has a current ratio of 1.0, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist CI Financial until it has trouble settling it off, either with new capital or with free cash flow. So, CI Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like CI Financial Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CIX to invest in growth at high rates of return. When we think about CI Financial's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

374.09 Million
CI Financial Corp (CIX) is traded on Toronto Exchange in Canada and employs 30 people. CI Financial is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.45 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CI Financial's market, we take the total number of its shares issued and multiply it by CI Financial's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. CI Financial Corp operates under Capital Markets sector and is part of Financials industry. The entity has 143.54 M outstanding shares of which 1.37 M shares are currently shorted by private and institutional investors with about 2.71 days to cover all short positions. CI Financial Corp has accumulated about 153.62 M in cash with 449.41 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.07.
Check CI Financial Probability Of Bankruptcy
Ownership Allocation
CI Financial Corp secures a total of 143.54 Million outstanding shares. CI Financial Corp owns 15.53 % of its outstanding shares held by insiders and 14.44 % owned by institutions. Please note that no matter how many assets the company retains, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check CIX Ownership Details

CI Financial Corp Risk Profiles

Although CI Financial's alpha and beta are two of the key measurements used to evaluate CI Financial's performance over the market, the standard measures of volatility play an important role as well.

CIX Stock Against Markets

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CI Financial Corporate Directors

William ButtIndependent DirectorProfile
Paul PerrowIndependent DirectorProfile
Brigette ChangAddorisioIndependent DirectorProfile
Thomas MuirLead Independent DirectorProfile

Other Information on Investing in CIX Stock

CI Financial financial ratios help investors to determine whether CIX Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CIX with respect to the benefits of owning CI Financial security.