Closing Bell: Igm Financial Inc down on Wednesday (IGM)

Igm Financial Inc opened trading today at $37.71 and closed at $36.49. Intraday prices ranged from $36.43 to $37.72.

Share prices decreased -2.62 percent from the previous day's close of $37.47.

Today across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

Igm Financial Inc has listed on the Toronto Stock Exchange (TSX) under the ticker IGM.

Trading volume was 237,053 on 1,810 total trades. On average, Igm Financial Inc has traded 232,374 shares over 5 days and 245,844 year-to-date.

Trading across the entire TSX saw 1,858 price advancers against 3,319 declines and 108 unchanged.

During the prior 52 weeks, IGM.TO has traded as high as $39.50 (July 26,2024) and low as $30.34 (October 26,2023). Moreover, the shares have dipped -4.28 percent in the last 12 months, while in 2024, they have climbed 4.23%.

It announced a 0.56 dividend on May 03/24, with an June 28/24 ex-date and July 31/24 pay day.

Following today's trading, Igm Financial Inc has a market capitalization of $8.89 billion on a float of 237,357 shares outstanding. Its annual EPS is $4.16.

Igm Financial Inc is a TSX Asset Management company headquartered in Winnipeg, CAN.

Currently, Igm Financial Inc's consensus rating is "Moderate Buy" based on 8 analysts according to Zacks. From those 8 analysts, 4 have buy ratings and 4 analysts gave hold ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..