Should I buy or sell AGF Management stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AGF Management in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AGF.B shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AGF.B, but not buy additional shares or sell existing shares. View AGF.B analyst ratings or view top-rated stocks .

What is AGF Management's stock price target for 2024?

5 brokers have issued twelve-month price targets for AGF Management's shares. Their AGF.B share price targets range from C$9.00 to C$14.00. On average, they anticipate the company's stock price to reach C$10.75 in the next year. This suggests a possible upside of 31.9% from the stock's current price. View analysts price targets for AGF.B or view top-rated stocks among Wall Street analysts .

How have AGF.B shares performed in 2024?

AGF Management's stock was trading at C$7.71 on January 1st, 2024. Since then, AGF.B stock has increased by 5.7% and is now trading at C$8.15. View the best growth stocks for 2024 here .

Is AGF Management a good dividend stock?

AGF Management (TSE:AGF.B) pays an annual dividend of C$0.44 per share and currently has a dividend yield of 5.41%. AGF.B has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 33.85%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for AGF.B .

How do I buy shares of AGF Management?

Shares of AGF.B stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:AGF.B

AGF Management (AGF.B) Stock Price, News & Analysis

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C$8.15

-0.09 (-1.09%)

(As of 04/15/2024 ET)

Compare

Today's Range: C$8.14
▼
C$8.28
50-Day Range: C$7.53
▼
C$8.62
52-Week Range: C$6.30
▼
C$9.05

Volume: 74,810 shs
Average Volume: 79,082 shs
Market Capitalization: C$520.62 million

P/E Ratio: 6.27
Dividend Yield: 5.40%
Price Target: C$10.75

Stock Analysis Analyst Forecasts Chart Competitors Headlines Insider Trades

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AGF Management MarketRank™ Stock Analysis

Analyst Rating: Hold
2.40 Rating Score
Upside/Downside: 31.9% Upside
C$10.75 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
C$2.67 M Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.47 out of 5 stars

3.2

Analyst's Opinion

Consensus Rating
AGF Management has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
AGF Management has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for AGF.B.

2.5

Dividend Strength

Dividend Leadership
AGF Management is a leading dividend payer. It pays a dividend yield of 5.41%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
AGF Management does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of AGF Management is 33.85%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AGF.B.

2.3

News and Social Media Coverage

News Sentiment
AGF Management has a news sentiment score of 0.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for AGF Management this week, compared to 1 article on an average week.
Search Interest
1 people have searched for AGF.B on MarketBeat in the last 30 days.
MarketBeat Follows
3 people have added AGF Management to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, AGF Management insiders have bought 115.48% more of their company's stock than they have sold. Specifically, they have bought C$2,665,144.00 in company stock and sold C$1,236,812.00 in company stock.
Percentage Held by Insiders
18.59% of the stock of AGF Management is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 13.21% of the stock of AGF Management is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of AGF Management is 6.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.33.
Price to Earnings Ratio vs. Sector
The P/E ratio of AGF Management is 6.27, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.99.
Price to Earnings Growth Ratio
AGF Management has a PEG Ratio of 1.18. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
AGF Management has a P/B Ratio of 0.48. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About AGF Management Stock (TSE:AGF.B)

AGF Management Limited is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to public and corporate DB pension plans, endowments and foundations, sovereign wealth funds, corporate plans, insurance companies, and sub-advised mandates. Through its subsidiaries, it manages separate client-focused equity, fixed income, and balanced mutual funds along with separate client-focused equity, fixed income, and balanced portfolios. Through its subsidiaries, the firm invests in the public equity and fixed income markets across the globe. For its equity portion, it invests in growth stocks of companies. The firm employs fundamental analysis to make its investments. AGF Management Limited was founded in 1957 and is based in Toronto, Canada.

AGF.B Stock Price History

30 days | 90 days | 365 days | Advanced Chart

AGF.B Stock News Headlines

March 27, 2024 | insidertrades.com

AGF Management Limited (TSE:AGF.B) Insider AGF EMPLOYEE BENEFIT PLAN TRUST Buys 50,000 Shares

April 16, 2024 | americanbankingnews.com

AGF Management (TSE:AGF.B) Shares Cross Above 200 Day Moving Average of $7.57

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April 8, 2024 | msn.com

Lawyer challenges CAC’s appeal against nullification of some CAMA sections

April 8, 2024 | americanbankingnews.com

AGF Management (TSE:AGF.B) PT Raised to C$11.00 at Jefferies Financial Group

April 6, 2024 | americanbankingnews.com

AGF Management (TSE:AGF.B) Given New C$10.00 Price Target at Royal Bank of Canada

April 6, 2024 | americanbankingnews.com

AGF Management (TSE:AGF.B) Given New C$14.00 Price Target at CIBC

April 6, 2024 | americanbankingnews.com

AGF Management (TSE:AGF.B) Price Target Raised to C$9.00 at BMO Capital Markets

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April 6, 2024 | seekingalpha.com

AGF Management Limited (AGFMF) Q1 2024 Earnings Call Transcript

April 4, 2024 | ca.finance.yahoo.com

This Passive-Income All-Star Just Increased its Dividend by 3%

April 4, 2024 | marketwatch.com

AGF Management Shares Up on 1Q Profit, Revenue Growth

March 18, 2024 | msn.com

AGF, NDF launch green finance conference to tackle SME funding

March 12, 2024 | theglobeandmail.com

Dividend Investing and the Corporate Lifecycle

March 11, 2024 | theglobeandmail.com

AGF Investment launches three new ETF series offering

March 6, 2024 | markets.businessinsider.com

AGF REPORTS February 2024 ASSETS UNDER MANAGEMENT and FEE-EARNING ASSETS

February 18, 2024 | msn.com

Audit query: Reps quiz AGF over N33.3trn asset liability

February 6, 2024 | marketwatch.com

AGF Management Renewal of Share Buyback Program Gets Exchange OK

February 6, 2024 | finance.yahoo.com

AGF Management Limited - Normal Course Issuer Bid

February 2, 2024 | finance.yahoo.com

Judith Goldring Bought 22% More Shares In AGF Management

January 24, 2024 | financialpost.com

AGF Management Limited Reports Fourth Quarter and Fiscal Year 2023 Financial Results

January 15, 2024 | finance.yahoo.com

Pleasing Signs As A Number Of Insiders Buy AGF Management Stock

January 4, 2024 | markets.businessinsider.com

AGF Reports December 2023 Assets Under Management and Fee-Earning Assets

December 5, 2023 | markets.businessinsider.com

AGF Reports November 2023 Assets Under Management and Fee-Earning Assets

November 29, 2023 | finance.yahoo.com

Individual investors account for 54% of AGF Management Limited's (TSE:AGF.B) ownership, while private companies account for 28%

November 27, 2023 | msn.com

AGF plans guarantee product to ease SME lending

November 23, 2023 | markets.businessinsider.com

AGF Investments Announces November 2023 Cash Distributions for AGF Enhanced U.S. Equity Income Fund

See More Headlines

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Finance
Industry: Asset Management
Sub-Industry: N/A
Current Symbol: TSE:AGF.B
CUSIP: N/A
CIK: N/A
Web: www.agf.com
Phone: 416-367-1900
Fax: N/A
Employees: 652
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$10.75
High Stock Price Target: C$14.00
Low Stock Price Target: C$9.00
Potential Upside/Downside: +31.9%
Consensus Rating: Hold
Rating Score (0-4): 2.40
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$1.30
Trailing P/E Ratio: 6.27
Forward P/E Ratio: 5.86
P/E Growth: 1.18
Net Income: C$87.70 million
Net Margins: 18.59%
Pretax Margin: N/A
Return on Equity: 8.28%
Return on Assets: 5.37%

Debt

Debt-to-Equity Ratio: 8.26
Current Ratio: 1.39
Quick Ratio: 1.75

Sales & Book Value

Annual Sales: C$471.82 million
Price / Sales: 1.10
Cash Flow: C$1.38 per share
Price / Cash Flow: 5.89
Book Value: C$16.93 per share
Price / Book: 0.48

Miscellaneous

Outstanding Shares: 63,880,000
Free Float: N/A
Market Cap: C$520.62 million
Optionable: Not Optionable
Beta: 1.79

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Key Executives

Mr. Blake Charles Goldring C.F.A. (Age 60)
M.S.M., LL.D., CFA, Exec. Chairman
Mr. Kevin Andrew McCreadie C.F.A. (Age 58)
M.B.A., CFA, MBA, CEO, Chief Investment Officer & Director
Ms. Judith Gail Goldring L.L.B. (Age 53)
Pres, Chief Admin. Officer & Director
Mr. Adrian Basaraba C.F.A.
CPA, CPA, CA, CFA, Sr. VP & CFO
Mr. Charles Christopher Jackson
Chief Operating Officer

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

AGF.B Stock Analysis - Frequently Asked Questions

Should I buy or sell AGF Management stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AGF Management in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AGF.B shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AGF.B, but not buy additional shares or sell existing shares.
View AGF.B analyst ratings or view top-rated stocks.
What is AGF Management's stock price target for 2024?: 5 brokers have issued twelve-month price targets for AGF Management's shares. Their AGF.B share price targets range from C$9.00 to C$14.00. On average, they anticipate the company's stock price to reach C$10.75 in the next year. This suggests a possible upside of 31.9% from the stock's current price.
View analysts price targets for AGF.B or view top-rated stocks among Wall Street analysts.
How have AGF.B shares performed in 2024?: AGF Management's stock was trading at C$7.71 on January 1st, 2024. Since then, AGF.B stock has increased by 5.7% and is now trading at C$8.15.
View the best growth stocks for 2024 here.

Is AGF Management a good dividend stock?: AGF Management (TSE:AGF.B) pays an annual dividend of C$0.44 per share and currently has a dividend yield of 5.41%. AGF.B has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 33.85%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for AGF.B.
How do I buy shares of AGF Management?: Shares of AGF.B stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:AGF.B) was last updated on 4/16/2024 by MarketBeat.com Staff

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AGF Management (AGF.B) Stock Price, News & Analysis

AGF Management MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About AGF Management Stock (TSE:AGF.B)

AGF.B Stock Price History

AGF.B Stock News Headlines

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

AGF.B Stock Analysis - Frequently Asked Questions

Overall MarketRank^™