National Bank Financial Forecasts IGM Financial Q1 Earnings

IGM Financial Inc. (TSE:IGM) – Stock analysts at National Bank Financial issued their Q1 2025 EPS estimates for IGM Financial in a research report issued to clients and investors on Tuesday, April 29th. National Bank Financial analyst J. Gloyn expects that the financial services provider will earn $1.03 per share for the quarter. The consensus estimate for IGM Financial’s current full-year earnings is $4.01 per share. National Bank Financial also issued estimates for IGM Financial’s Q2 2025 earnings at $1.05 EPS, Q3 2025 earnings at $1.12 EPS, Q4 2025 earnings at $1.12 EPS and FY2025 earnings at $4.33 EPS.

Several other equities research analysts also recently issued reports on the stock. BMO Capital Markets lowered their price objective on shares of IGM Financial from C$48.00 to C$47.00 in a research report on Thursday, April 17th. Scotiabank decreased their target price on shares of IGM Financial from C$56.00 to C$49.00 and set a “sector perform” rating for the company in a research report on Thursday, April 24th. TD Securities raised their target price on shares of IGM Financial from C$51.00 to C$56.00 and gave the company a “buy” rating in a research report on Monday, February 10th. Finally, Jefferies Financial Group decreased their target price on shares of IGM Financial from C$47.00 to C$42.00 in a research report on Monday, April 21st. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$48.71.

IGM Financial Stock Down 0.8 %

Shares of IGM stock opened at C$43.46 on Thursday. The firm has a fifty day moving average of C$43.38 and a 200-day moving average of C$44.52. The company has a quick ratio of 0.31, a current ratio of 3.61 and a debt-to-equity ratio of 97.24. IGM Financial has a 12-month low of C$34.80 and a 12-month high of C$47.96. The company has a market capitalization of C$10.36 billion, a price-to-earnings ratio of 11.13, a P/E/G ratio of 4.09 and a beta of 1.53.

About IGM Financial

IGM Financial is the largest non-bank-affiliated asset manager in Canada. The firm is part of the Power Financial group of companies, which includes Great-West Life, London Life, Canada Life, and Putnam Investments. IGM has two main operating divisionsasset management (operated through Mackenzie Investments) and wealth management (via its Investors Group Wealth Management and Investment Planning Counsel subsidiaries)that provide investment management products and services.