IGM Financial (TSE:IGM) Posts Quarterly Earnings Results

IGM Financial (TSE:IGM) issued its earnings results on Thursday. The financial services provider reported C$1.20 EPS for the quarter, FiscalAI reports. The business had revenue of C$1.00 million during the quarter. IGM Financial had a return on equity of 13.03% and a net margin of 28.81%.

IGM Financial Stock Performance

IGM traded up C$1.51 during trading hours on Friday, hitting C$77.42. The stock had a trading volume of 245,112 shares, compared to its average volume of 481,466. The stock has a market cap of C$18.14 billion, a PE ratio of 16.69, a price-to-earnings-growth ratio of 4.09 and a beta of 0.97. The company has a quick ratio of 0.31, a current ratio of 4.55 and a debt-to-equity ratio of 82.52. The company’s fifty day simple moving average is C$68.67 and its 200 day simple moving average is C$63.70. IGM Financial has a 1 year low of C$42.13 and a 1 year high of C$77.42.

Insider Activity

In related news, Director James Patrick O’sullivan sold 2,800 shares of the stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of C$68.35, for a total transaction of C$191,380.00. Following the sale, the director owned 134,329 shares of the company’s stock, valued at approximately C$9,181,387.15. This represents a 2.04% decrease in their position. Insiders sold a total of 92,400 shares of company stock worth $6,306,649 in the last quarter. Corporate insiders own 66.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. National Bank Financial boosted their price objective on IGM Financial from C$82.00 to C$85.00 in a report on Wednesday, April 29th. Canadian Imperial Bank of Commerce boosted their price target on shares of IGM Financial from C$68.00 to C$76.00 in a research note on Wednesday, April 29th. Royal Bank Of Canada upped their price objective on shares of IGM Financial from C$51.00 to C$65.00 and gave the stock a “sector perform” rating in a report on Monday, January 26th. BMO Capital Markets raised their price objective on shares of IGM Financial from C$68.00 to C$72.00 in a research note on Wednesday, April 29th. Finally, Scotiabank lifted their price objective on shares of IGM Financial from C$69.00 to C$76.00 in a report on Tuesday, April 28th. Two investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of C$72.00.

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.