Igm Financial Stock Today
| IGM Stock | CAD 47.31 0.26 0.55% |
Performance29 of 100
| Odds Of DistressLess than 5
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IGM Financial is selling at 47.31 as of the 26th of November 2024; that is 0.55% up since the beginning of the trading day. The stock's open price was 47.05. IGM Financial has under 5 % chance of experiencing financial distress over the next 2 years and had a strong performance during the last 90 days. Equity ratings for IGM Financial are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
Business Domain Financial Services | Classification Financials |
IGM Financial Inc. operates as a wealth and asset management company in Canada. IGM Financial Inc. is a subsidiary of Power Financial Corporation. IGM FINANCIAL operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange. The company has 236.76 M outstanding shares of which 3.45 M shares are currently shorted by private and institutional investors with about 11.69 days to cover all short positions. More on IGM Financial
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IGM 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. IGM Financial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IGM 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, IGM Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to IGM Financial's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO President | James OSullivan | ||||
| Business Concentration | Asset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors) | ||||
IGM Financial's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to IGM 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 LevelsIGM 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 IGM Financial's financial leverage. It provides some insight into what part of IGM Financial's total assets is financed by creditors.
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IGM Financial (IGM) is traded on Toronto Exchange in Canada and employs 36 people. IGM Financial is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 11.14 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate IGM Financial's market, we take the total number of its shares issued and multiply it by IGM 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. IGM Financial operates under Capital Markets sector and is part of Financials industry. The entity has 236.76 M outstanding shares of which 3.45 M shares are currently shorted by private and institutional investors with about 11.69 days to cover all short positions.
IGM Financial has accumulated about 726.63 M in cash with 837.28 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.19.
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Ownership AllocationIGM Financial has a total of 236.76 Million outstanding shares. IGM Financial retains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 66.48 (percent) of IGM Financial outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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IGM Financial Risk Profiles
Although IGM Financial's alpha and beta are two of the key measurements used to evaluate IGM Financial's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.7198 | |||
| Semi Deviation | 0.4056 | |||
| Standard Deviation | 0.9253 | |||
| Variance | 0.8563 |
IGM Stock Against Markets
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IGM Financial Corporate Directors
| Sharon Hodgson | Independent Director | Profile | |
| Sharon MacLeod | Independent Director | Profile | |
| Gregory Tretiak | Independent Director | Profile | |
| Susan Doniz | Independent Director | Profile |
Other Information on Investing in IGM Stock
IGM Financial financial ratios help investors to determine whether IGM 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 IGM with respect to the benefits of owning IGM Financial security.