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

IGM Financial Inc. (TSE:IGM) insider Rhonda Goldberg sold 3,284 shares of the business’s stock in a transaction that occurred 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 Stock Down 0.3%

Shares of TSE:IGM traded down C$0.23 during trading on Wednesday, hitting C$76.76. 131,827 shares of the company were exchanged, compared to its average volume of 476,631. The firm’s 50 day moving average price is C$69.19 and its 200-day moving average price is C$64.19. IGM Financial Inc. has a 12-month low of C$42.13 and a 12-month high of C$77.70. The stock has a market capitalization of C$17.84 billion, a P/E ratio of 15.79, a PEG ratio of 4.09 and a beta of 0.97. The company has a debt-to-equity ratio of 81.91, a current ratio of 1.36 and a quick ratio of 0.31.

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

Analyst Ratings Changes

A number of brokerages have commented on IGM. National Bank Financial upped their price objective on shares of IGM Financial from C$82.00 to C$85.00 in a research report on Wednesday, April 29th. TD increased their price target on shares of IGM Financial from C$80.00 to C$86.00 and gave the company a “buy” rating in a report on Monday. Royal Bank Of Canada increased their price target on shares of IGM Financial from C$51.00 to C$65.00 and gave the company a “sector perform” rating in a report on Monday, January 26th. TD Securities increased their price target on shares of IGM Financial from C$73.00 to C$76.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. Finally, Scotiabank increased their price target on shares of IGM Financial from C$69.00 to C$76.00 in a report on Tuesday, April 28th. Three analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, IGM Financial has a consensus rating of “Hold” and an average price target 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.