IGM Financial (TSE:IGM) Announces Quarterly Earnings Results

Posted by Stanley Muller on Jul 30th, 2026

IGM Financial (TSE:IGM – Get Free Report) announced its earnings results on Wednesday. The financial services provider reported C$1.41 earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of C$1.07 million during the quarter. IGM Financial had a net margin of 29.97% and a return on equity of 13.19%.

IGM Financial Stock Performance

Shares of IGM stock opened at C$81.93 on Thursday. The company has a market capitalization of C$19.05 billion, a P/E ratio of 16.86, a PEG ratio of 4.09 and a beta of 1.03. IGM Financial has a fifty-two week low of C$44.69 and a fifty-two week high of C$87.99. The company has a debt-to-equity ratio of 81.91, a quick ratio of 0.31 and a current ratio of 1.36. The stock has a 50 day moving average price of C$80.83 and a two-hundred day moving average price of C$72.93.

IGM Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 31st will be given a $0.62 dividend. The ex-dividend date is Monday, June 29th. This represents a $2.48 annualized dividend and a yield of 3.0%. IGM Financial’s payout ratio is presently 47.48%.

Analyst Ratings Changes

Several research firms have recently weighed in on IGM. National Bank Financial raised their price objective on shares of IGM Financial from C$85.00 to C$91.00 and gave the company an “outperform” rating in a research report on Monday. TD upped their target price on shares of IGM Financial from C$80.00 to C$86.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. Scotiabank increased their target price on IGM Financial from C$69.00 to C$76.00 in a research note on Tuesday, April 28th. Canadian Imperial Bank of Commerce raised their price target on IGM Financial from C$79.00 to C$85.00 in a research report on Friday, July 10th. Finally, BMO Capital Markets lifted their price target on IGM Financial from C$72.00 to C$80.00 in a research note on Wednesday, July 15th. Three equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of C$78.50.

Check Out Our Latest Report on IGM Financial

Insider Transactions at IGM Financial

In related news, Director Douglas Milne sold 6,620 shares of IGM Financial stock in a transaction on Friday, May 15th. The shares were sold at an average price of C$76.98, for a total value of C$509,607.60. Following the transaction, the director directly owned 1,036 shares of the company’s stock, valued at C$79,751.28. The trade was a 86.47% decrease in their ownership of the stock. Also, Director J. Luke Gould sold 11,000 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of C$78.40, for a total transaction of C$862,400.00. Following the sale, the director owned 8,850 shares of the company’s stock, valued at C$693,840. This represents a 55.42% decrease in their ownership of the stock. Over the last 90 days, insiders have sold 144,039 shares of company stock worth $11,327,486. Insiders own 66.58% of the company’s stock.

About IGM Financial

(Get Free Report)

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.