Rhonda Goldberg Sells 3,284 Shares of IGM Financial (TSE:IGM) Stock

IGM Financial Inc. (TSE:IGM) insider Rhonda Goldberg sold 3,284 shares of the stock in a transaction on Monday, May 11th. The stock was sold at an average price of C$76.10, for a total transaction of C$249,912.40.

IGM Financial Trading Up 2.0%

IGM opened at C$78.33 on Friday. IGM Financial Inc. has a twelve month low of C$42.13 and a twelve month high of C$78.43. The company has a quick ratio of 0.31, a current ratio of 1.36 and a debt-to-equity ratio of 81.91. The company has a fifty day moving average of C$69.60 and a 200-day moving average of C$64.53. The stock has a market cap of C$18.35 billion, a PE ratio of 16.12, a price-to-earnings-growth ratio of 4.09 and a beta of 0.97.

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

Analysts Set New Price Targets

A number of research firms have commented on IGM. Canadian Imperial Bank of Commerce raised their price target on shares of IGM Financial from C$68.00 to C$76.00 in a report on Wednesday, April 29th. TD Securities raised their price target on shares of IGM Financial from C$73.00 to C$76.00 and gave the stock a “buy” rating in a report on Tuesday, February 17th. BMO Capital Markets raised their price target on shares of IGM Financial from C$68.00 to C$72.00 in a report on Wednesday, April 29th. TD raised their price target on shares of IGM Financial from C$80.00 to C$86.00 and gave the stock a “buy” rating in a report on Monday. Finally, National Bank Financial raised their price target on shares of IGM Financial from C$82.00 to C$85.00 in a report on Wednesday, April 29th. Three investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of C$73.75.

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.