IGM Financial Inc. (TSE:IGM) Receives Consensus Rating of “Hold” from Brokerages

IGM Financial Inc. (TSE:IGM) has earned an average recommendation of “Hold” from the eight research firms that are covering the firm, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is C$73.75.

Several equities analysts have recently weighed in on IGM shares. National Bank Financial increased their price target on IGM Financial from C$82.00 to C$85.00 in a report on Wednesday, April 29th. Canadian Imperial Bank of Commerce increased their price target on IGM Financial from C$68.00 to C$76.00 in a report on Wednesday, April 29th. TD Securities increased their price target on IGM Financial from C$73.00 to C$76.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. Scotiabank raised their target price on IGM Financial from C$69.00 to C$76.00 in a report on Tuesday, April 28th. Finally, BMO Capital Markets raised their target price on IGM Financial from C$68.00 to C$72.00 in a report on Wednesday, April 29th.

Insider Buying and Selling

In related news, Director J. Luke Gould sold 11,000 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of C$78.40, for a total value of C$862,400.00. Following the transaction, the director directly owned 8,850 shares of the company’s stock, valued at approximately C$693,840. This trade represents a 55.42% decrease in their position. Also, insider Rhonda Goldberg sold 3,347 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of C$77.10, for a total value of C$258,053.70. Following the completion of the transaction, the insider directly owned 6,052 shares in the company, valued at approximately C$466,609.20. This represents a 35.61% decrease in their ownership of the stock. In the last three months, insiders have sold 106,592 shares of company stock valued at $8,339,384. 66.58% of the stock is owned by company insiders.

IGM Financial Price Performance

TSE IGM opened at C$80.44 on Thursday. The business’s fifty day moving average price is C$74.38 and its 200-day moving average price is C$67.37. The stock has a market capitalization of C$18.70 billion, a price-to-earnings ratio of 16.55, a PEG ratio of 4.09 and a beta of 1.03. The company has a debt-to-equity ratio of 81.91, a current ratio of 1.36 and a quick ratio of 0.31. IGM Financial has a 1-year low of C$42.13 and a 1-year high of C$81.61.

IGM Financial (TSE:IGM) last released its quarterly earnings results on Thursday, May 7th. The financial services provider reported C$1.20 earnings per share for the quarter. The firm had revenue of C$1.00 million for the quarter. IGM Financial had a return on equity of 13.19% and a net margin of 29.97%. On average, equities analysts predict that IGM Financial will post 4.006816 earnings per share for the current year.

About IGM Financial

Mackenzie Investments (“Mackenzie”) is a Canadian investment management firm with approximately $244 billion (CAD) in assets under management as of December 31, 2025. Mackenzie seeks to create a more invested world by delivering strong investment performance and offering innovative portfolio solutions and related services to more than one million retail and institutional clients through multiple distribution channels. Founded in 1967, it is a global asset manager with offices across Canada as well as in Beijing, Boston, Dublin, Hong Kong and London.