Weekly Research Analysts’ Ratings Updates for IGM Financial (IGM)

Several analysts have recently updated their ratings and price targets for IGM Financial (TSE: IGM):

• 11/9/2026 – IGM Financial was upgraded by Royal Bank Of Canada from “hold” to “moderate buy”.
• 11/9/2026 – IGM Financial had its price target raised by Scotia from C$88.00 to C$90.00. They now have a “sector perform” rating on the stock.
• 11/9/2026 – IGM Financial had its price target raised by Desjardins from C$93.00 to C$94.00. They now have a “buy” rating on the stock.
• 11/9/2026 – IGM Financial had its price target raised by National Bank Financial from C$92.00 to C$94.00. They now have an “outperform” rating on the stock.
• 10/27/2026 – IGM Financial was given a new C$93.00 price target by Desjardins. They now have a “buy” rating on the stock.
• 10/22/2026 – IGM Financial was upgraded by BMO Capital Markets from “hold” to “outperform”. They now have a C$96.00 price target on the stock, up from C$83.00.

IGM Financial Trading Down 1.0%

IGM stock traded down C$0.89 during trading on Tuesday, hitting C$85.62. The company had a trading volume of 207,727 shares, compared to its average volume of 445,766. IGM Financial Inc. has a 52-week low of C$55.14 and a 52-week high of C$92.01. The company has a 50 day simple moving average of C$83.99 and a 200-day simple moving average of C$77.67. The firm has a market capitalization of C$19.57 billion, a P/E ratio of 17.33, a PEG ratio of 4.09 and a beta of 0.67. The company has a quick ratio of 0.31, a current ratio of 1.28 and a debt-to-equity ratio of 82.59.

IGM Financial (TSE:IGM) last issued its earnings results on Thursday, November 5th. The financial services provider reported C$1.51 EPS for the quarter. The business had revenue of C$1.32 billion for the quarter. IGM Financial had a net margin of 29.82% and a return on equity of 12.91%. As a group, research analysts forecast that IGM Financial Inc. will post 4.01 earnings per share for the current fiscal year.

IGM Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 30th. Investors of record on Friday, October 30th were paid a $0.62 dividend. The ex-dividend date of this dividend was Monday, September 28th. This represents a $2.48 annualized dividend and a yield of 2.9%. IGM Financial’s dividend payout ratio is 47.87%.

Insider Buying and Selling

In other IGM Financial news, Director J. Luke Gould sold 6,900 shares of the company’s stock in a transaction on Friday, September 18th. The stock was sold at an average price of C$87.97, for a total value of C$606,993.00. In the last quarter, insiders sold 9,960 shares of company stock worth $876,221. Company insiders own 66.58% of the company’s stock.

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.