CI FINANCIAL CORP (CIXX) Forecast, Price Target & Analyst Ratings

NYSE:CIXX • CA1254911003

11.42 USD

-0.08 (-0.7%)

At close: Jan 19, 2023

11.35 USD

-0.07 (-0.61%)

After Hours: 1/19/2023, 8:14:15 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for CI FINANCIAL CORP (CIXX).

Consensus Price Target

Price Target

$14.24

+ 24.69% Upside

→ Price target details

Next Earnings Forecast

Earnings Estimate

Release Date: Feb 20, 2023
Period: Q4 / 2022
EPS Estimate: CA$0.76
Revenue Estimate: 587.21M

→ Full earnings forecast details

ChartMill Buy Consensus

Rating

76.67%

Weighted Analyst Rating Score

→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target

$14.24

Upside

+ 24.69%

From current price of $11.42 to mean target of $14.24, Based on 12 analyst forecasts

Low

$12.07

Median

$14.48

High

$17.26

Price Target Revisions

1 Month

2.78%

3 Months

N/A

Price Target Summary

12 Wall Street analysts provided a forecast for the next 12 months for CIXX. The average price target is 14.24 USD. This implies a price increase of 24.69% is expected in the next year compared to the current price of 11.42.

→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

Analyst Ratings History

Analyst Ratings Consensus

ChartMill Buy Consensus

76.67%

CIXX was analyzed by 12 analysts. The buy percentage consensus is at 77. So analysts seem to be have mildly positive about CIXX.

In the previous month the buy percentage consensus was at a similar level.

CIXX was analyzed by 12 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

Date	Firm	Action	From → To
2021-08-11	KBW	Upgrade
2021-08-11	Keefe Bruyette	Upgrade
2021-08-11	Sbank	Upgrade
2021-08-11	RBC Capital	Upgrade	Outperform
2021-08-11	CIBC World Markets	Upgrade	Outperform
2021-08-11	BMO Capital Markets	Upgrade
2021-08-11	TD Securities	Upgrade	Outperform
2021-08-11	Canaccord Genuity	Upgrade
2021-08-10	CIBC World Markets	Maintains	Neutral
2021-07-23	RBC Capital	Upgrade
2021-07-20	Sbank	Upgrade	Sector Perform
2021-07-16	CIBC World Markets	Upgrade
2021-07-15	TD Securities	Upgrade
2021-05-14	Sbank	Upgrade	Sector Perform
2021-05-14	RBC Capital	Upgrade	Outperform
2021-05-14	BMO Capital Markets	Upgrade	Outperform
2021-05-14	TD Securities	Upgrade	Buy
2021-05-05	Sbank	Upgrade
2021-04-26	CIBC World Markets	Upgrade	Neutral
2021-02-16	BMO Capital Markets	Initiate
2021-02-12	RBC Capital	Upgrade	Sector Perform -> Outperform
2021-02-12	CIBC World Markets	Upgrade
2021-02-12	TD Securities	Upgrade	Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date: Feb 20, 2023
Period: Q4 / 2022
EPS Estimate: CA$0.76
Revenue Estimate: 587.21M
Revenue Q2Q: -23.03%
EPS Q2Q: -13.08%
Number of Analysts: 9

Next Earnings Revisions

Revenue (1 Month)

0.00%

Revenue (3 Months)

N/A

EPS (1 Month)

0.00%

EPS (3 Months)

N/A

Next Earnings Summary

CIXX is expected to report earnings on 2/20/2023. The consensus EPS estimate for the next earnings is 0.76 USD and the consensus revenue estimate is 587.21M USD.

→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

	2019	2020	2021	2022	2023	2024	2025	2026
Revenue YoY % growth	2.123B -5.09%	2.049B -3.48%	2.727B 33.12%	2.327B -14.67%	2.459B 5.67%	2.637B 7.24%	2.504B -5.04%	2.514B 0.40%
EBITDA YoY % growth	816.4M -9.98%	814.2M -0.27%	843.771M 3.63%	964.56M 14.32%	978.13M 1.41%	1.053B 7.65%	968.82M -7.99%	984.02M 1.57%
EBIT YoY % growth	783.5M -11.61%	770.7M -1.63%	746.95M -3.08%	759.65M 1.70%	817.27M 7.59%	892.01M 9.15%	822.89M -7.75%	844.17M 2.59%
Operating Margin	36.91%	37.62%	27.39%	32.65%	33.24%	33.83%	32.86%	33.58%
EPS YoY % growth	2.41 0.84%	2.46 2.07%	3.12 26.83%	3.13 0.39%	3.32 6.01%	3.56 7.12%	2.87 -19.37%	3.52 22.61%

All data in CAD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

	Q4 / 22	Q1 / 23	Q2 / 23	Q3 / 23	Q4 / 23	Q1 / 24	Q2 / 24	Q3 / 24	Q4 / 24
EPS Q2Q % growth	0.76 -13.08%	0.80 -6.37%	0.82 5.66%	0.86 17.88%	0.89 17.26%	0.93 16.75%	0.94 14.58%	0.99 15.61%	1.04 16.74%
Revenue Q2Q % growth	587.21M -23.03%	606.91M -3.16%	619.23M 3.10%	632.87M 7.74%	638.83M 8.79%	634.28M 4.51%	640.64M 3.46%	654.78M 3.46%	661.25M 3.51%
EBITDA Q2Q % growth	237.62M -24.43%	226.34M -10.99%	234.52M -36.61%	246.14M -12.57%	250.88M 5.58%	N/A	N/A	N/A	N/A
EBIT Q2Q % growth	190.89M -12.29%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

All data in CAD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year

4.47%

EPS Next 5 Year

2.42%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year

-1.83%

Revenue Next 5 Year

-2.04%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year

7.04%

EBIT Next 5 Year

2.77%

→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

CI FINANCIAL CORP / CIXX Forecast FAQ

Can you provide the average price target for CI FINANCIAL CORP stock?

12 analysts have analysed CIXX and the average price target is 14.24 USD. This implies a price increase of 24.69% is expected in the next year compared to the current price of 11.42.

What is the next earnings date for CIXX stock?

CI FINANCIAL CORP (CIXX) will report earnings on 2023-02-20.

Can you provide the consensus estimates for CI FINANCIAL CORP next earnings?

The consensus EPS estimate for the next earnings of CI FINANCIAL CORP (CIXX) is 0.76 USD and the consensus revenue estimate is 587.21M USD.

How many analysts cover CI FINANCIAL CORP (CIXX) stock?

The number of analysts covering CI FINANCIAL CORP (CIXX) is 12.

Analyst forecast overview

Forecast Snapshot