IGM FINANCIAL INC (IGM.CA) Forecast, Price Target & Analyst Ratings

TSX:IGMCA4495861060

Current stock price

65.12 CAD
+1.17 (+1.83%)
Last:

Analyst forecast overview

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

Forecast Snapshot

Consensus Price Target

Price Target
CA$71.69
+ 10.09% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
May 6, 2026
Period
Q1 / 2026
EPS Estimate
CA$1.19
Revenue Estimate
1.029B

ChartMill Buy Consensus

Rating
68.33%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$71.69
Upside
+ 10.09%
From current price of CA$65.12 to mean target of CA$71.69, Based on 12 analyst forecasts
Low
CA$62.62
Median
CA$69.36
High
CA$86.10

Price Target Revisions

1 Month
7.66%
3 Months
13.36%

Price Target Summary

12 Wall Street analysts provided a forecast for the next 12 months for IGM.CA. The average price target is 71.69 CAD. This implies a price increase of 10.09% is expected in the next year compared to the current price of 65.12.
The average price target has been revised upward by 13.36% in the past 3 months.

Analyst Ratings & History

Current Analyst Ratings

IGM Current Analyst RatingIGM Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4 5

Analyst Ratings History

IGM Historical Analyst RatingsIGM Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
68.33%
IGM.CA was analyzed by 12 analysts. The buy percentage consensus is at 68. So analysts seem to be have mildly positive about IGM.CA.
In the previous month the buy percentage consensus was at a similar level.
IGM.CA was analyzed by 12 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-11-07TD ResearchDowngrade Hold
2022-11-07BarclaysDowngrade
2022-11-04CIBC Capital MarketsMaintains Outperform
2022-11-04Scotiabank CapitalMaintains Sector Perform
2022-10-24RBC RoyalbankDowngrade
2022-10-06National Bank of Canada FinancialDowngrade Outperform
2022-09-22CIBC Capital MarketsMaintains Outperform
2022-09-22STA ResearchReiterate Hold
2022-08-08BarclaysUpgrade
2022-08-05National Bank of Canada FinancialDowngrade Outperform
2022-08-05CIBC Capital MarketsMaintains Outperform
2022-08-05Scotiabank CapitalMaintains Sector Perform
2022-08-03TD ResearchDowngrade Market Perform
2022-07-29BarclaysDowngrade
2022-07-26Scotiabank CapitalDowngrade Sector Perform
2022-07-07National Bank of Canada FinancialDowngrade Outperform
2022-05-09RBC RoyalbankDowngrade Sector Perform
2022-05-09National Bank of Canada FinancialDowngrade Outperform
2022-05-09TD ResearchDowngrade Buy
2022-05-09Scotiabank CapitalMaintains Sector Perform
2022-05-09MorningstarMaintains Buy
2022-05-06CIBC Capital MarketsDowngrade Outperform
2022-05-03Scotiabank CapitalDowngrade Sector Perform
2022-04-07National Bank of Canada FinancialDowngrade Outperform
2022-03-02Scotiabank CapitalMaintains Sector Perform

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 6, 2026
Period
Q1 / 2026
EPS Estimate
CA$1.19
Revenue Estimate
1.029B
Revenue Q2Q
17.49%
EPS Q2Q
18.64%
Number of Analysts
8

Next Earnings Revisions

Revenue (1 Month)
-4.63%
Revenue (3 Months)
-4.63%
EPS (1 Month)
-0.40%
EPS (3 Months)
-0.40%

Next Earnings Summary

IGM.CA is expected to report earnings on 5/6/2026. The consensus EPS estimate for the next earnings is 1.19 CAD and the consensus revenue estimate is 1.03B CAD.
The next earnings revenue estimate has been revised downward by 4.63% in the past 3 months.

Full Analyst Estimates 2026 - 2033

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

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
IGM.CA revenue by date.IGM.CA revenue by date.
3.186B
1.18%
3.492B
9.59%
3.821B
9.42%
4.14B
8.35%
4.345B
4.95%
4.31B
-0.81%
4.41B
2.32%
4.524B
2.59%
4.672B
3.27%
4.351B
-6.87%
4.486B
3.10%
EBITDA
YoY % growth
IGM.CA ebitda by date.IGM.CA ebitda by date.
1.001B
-10.10%
1.219B
21.76%
1.359B
11.53%
1.825B
34.25%
1.925B
5.48%
1.893B
-1.66%
1.918B
1.32%
1.971B
2.76%
2.032B
3.09%
1.769B
-12.94%
N/A
EBIT
YoY % growth
IGM.CA ebit by date.IGM.CA ebit by date.
894.574M
-11.39%
1.126B
25.89%
1.261B
12.00%
1.686B
33.67%
1.779B
5.52%
1.783B
0.22%
1.805B
1.23%
1.854B
2.71%
1.841B
-0.70%
1.595B
-13.36%
1.625B
1.88%
Operating Margin
IGM.CA operating margin by date.IGM.CA operating margin by date.
28.08%32.25%33.01%40.72%40.94%41.37%40.93%40.98%39.40%36.66%36.22%
EPS
YoY % growth
IGM.CA eps by date.IGM.CA eps by date.
3.43
-5.51%
3.95
15.16%
4.61
16.71%
5.12
11.08%
5.56
8.59%
5.41
-2.64%
5.56
2.78%
5.74
3.08%
6.15
7.26%
5.50
-10.64%
6.06
10.30%

All data in CAD

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

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth
1.19
18.64%
1.26
17.82%
1.32
3.65%
1.30
2.43%
1.26
6.07%
1.32
4.55%
1.37
4.44%
1.36
4.81%
Revenue
Q2Q % growth
1.029B
17.49%
1.1B
23.22%
1.125B
15.76%
1.136B
8.47%
N/AN/AN/AN/A
EBITDA
Q2Q % growth
457.9M
49.60%
481.62M
41.12%
496.06M
19.79%
489.45M
9.94%
478.13M
4.42%
507.73M
5.42%
520.55M
4.94%
521.16M
6.48%
EBIT
Q2Q % growth
385.82M
37.17%
417.13M
42.69%
447.43M
31.38%
436.32M
25.69%
N/AN/AN/AN/A

All data in CAD

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

IGM.CA Yearly Revenue VS EstimatesIGM.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 1B 2B 3B 4B
IGM.CA Yearly EPS VS EstimatesIGM.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2 4 6

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
5.50%
EPS Next 5 Year
4.47%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
4.86%
Revenue Next 5 Year
3.89%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
7.75%
EBIT Next 5 Year
5.43%

IGM FINANCIAL INC / IGM.CA Forecast FAQ

What is the average price target for IGM FINANCIAL INC (IGM.CA) stock?

12 analysts have analysed IGM.CA and the average price target is 71.69 CAD. This implies a price increase of 10.09% is expected in the next year compared to the current price of 65.12.

When does IGM FINANCIAL INC (IGM.CA) report earnings?

IGM FINANCIAL INC (IGM.CA) will report earnings on 2026-05-06.

What are the consensus estimates for IGM FINANCIAL INC (IGM.CA) next earnings?

The consensus EPS estimate for the next earnings of IGM FINANCIAL INC (IGM.CA) is 1.19 CAD and the consensus revenue estimate is 1.03B CAD.

What is the consensus rating for IGM FINANCIAL INC (IGM.CA) stock?

The consensus rating for IGM FINANCIAL INC (IGM.CA) is 68.3333 / 100 . This indicates that analysts generally have a neutral outlook on the stock.