CI Financial Corp. (TSX: CIX)

Canada flag Canada · Delayed Price · Currency is CAD
31.01
+0.06 (0.18%)
Jan 20, 2025, 3:00 PM EST
98.62%
Market Cap 4.39B
Revenue (ttm) 3.59B
Net Income (ttm) -69.12M
Shares Out 141.91M
EPS (ttm) -0.47
PE Ratio n/a
Forward PE 7.69
Dividend 0.80 (2.58%)
Ex-Dividend Date Mar 31, 2025
Volume 56,755
Average Volume 881,134
Open 30.95
Previous Close 30.95
Day's Range 30.94 - 31.02
52-Week Range 13.87 - 31.41
Beta 1.75
RSI 69.08
Earnings Date Feb 21, 2025

About CI Financial

CI Financial Corp. is a publicly owned asset management holding company. Through its subsidiaries, the firm manages separate client focused equity, fixed income, and alternative investments portfolios. It also manages mutual funds, hedge funds, and fund of funds for its clients through its subsidiaries. The firm was founded in 1965 and is based in Toronto, Canada with additional offices in Vancouver, Canada; Calgary, Canada; and Montreal, Canada. [Read more]

Sector Financials
Founded 1965
Employees 2,416
Stock Exchange Toronto Stock Exchange
Ticker Symbol CIX
Full Company Profile

Financial Performance

In 2023, CI Financial's revenue was 3.17 billion, an increase of 9.07% compared to the previous year's 2.91 billion. Earnings were 5.02 million, a decrease of -98.33%.

Financial Statements

News

CI Financial goes ex dividend tomorrow

4 days ago - Seeking Alpha

CI Financial Announces Filing and Mailing of Circular for Special Meeting to Approve Plan of Arrangement with Mubadala Capital

CI shareholders will receive $32.00 in cash per share, representing a 33% premium over the last closing price prior to the announcement of the arrangement and a 58% premium over the 60-day volume-weig...

10 days ago - Financial Post

CI Financial gets interim court order for shareholder meeting on Mubadala deal

CI Financial receives interim court order for special meeting to vote on Mubadala Capital acquisition.

13 days ago - Seeking Alpha

CI Financial Announces Receipt of Interim Court Order and Addition of Holdco Alternative to Plan of Arrangement with Mubadala Capital

CI Financial Corp. (“CI” or the “Corporation”) (TSX: CIX) today announced that the Ontario Superior Court of Justice (Commercial List) has issued an interim order regarding the Corporation’s proposed ...

13 days ago - Financial Post

CI Financial reports November assets of CAD 532.7B, up 1.4% M/M

CI Financial (CIX:CA) (CIXXF) announced on Monday preliminary total assets of CAD 532.7B as of November 30, compared to CAD 525.3B at the end of the prior month and CAD 438.0B a year ago.

21 days ago - Seeking Alpha

CI Financial declares $0.1457 dividend

27 days ago - Seeking Alpha

401(k) Real Talk Episode 132: December 4, 2024

Open, honest and candid discussion about Trump's pick for DOL secretary, CI Financial's takeover, Bain Capital closes Envestnet deal, SECURE 3.0 and more.

6 weeks ago - Wealth Management

CI Financial to be taken private in $4.7B deal

Stephen Boland, managing director of Diversified Financials at Raymond James, talks about the company CI Financial preparing for its shift towards privatization

2 months ago - BNN Bloomberg

Canadian investors ‘not recognizing’ CI Financials’ value amid deal to be taken private: expert

Following an announced deal to take CI Financial Corp. private, one expert says Canadian investors largely did not see the value the firm brought to public markets.

2 months ago - BNN Bloomberg

Mubadala Capital agrees C$12.1bn deal for Canadian asset manager CI Financial

Asset management subsidiary of Abu Dhabi’s state investment fund seeks more exposure in North America

2 months ago - Financial Times

CI Financial goes private

Julian Klymochko, CEO and CIO at Accelerate Fintech, talk about CI Financial transitions to a private ownership structure.

2 months ago - BNN Bloomberg

Mubadala to take Canada's CI Financial private

Mubadala Capital will take Canadian asset and wealth manager CI Financial private

2 months ago - Zawya

IPO Radar: ServiceTitan, CI Financial, Pony.ai

CRM for builders ServiceTitan files for Nasdaq IPO while CI Financial mulls a 2026 IPO of its wealth management brand Corient.

2 months ago - The Armchair Trader

CI Financial May Resurrect U.S. IPO Plans, CEO Says

The Canadian company may resurrect its plans to take its U.S. wealth management business public in 2026.

2 months ago - Barron's

CI Financial Reports Record Financial Results for the Third Quarter

Diluted EPS of $(0.19), record adjusted diluted EPS1 of $0.97 EBITDA of $124.8 million, record adjusted EBITDA attributable to shareholders1 of $270.5 million EBITDA per share of $0.85 and record adju...

2 months ago - Financial Post

CI Financial Announces Third Quarter Earnings Conference Call and Webcast

CI Financial Corp. (“CI”) (TSX: CIX) will release its financial results for the third quarter of fiscal 2024 on Thursday, November 14, 2024. CI will hold a conference call with analysts that day at 9:...

2 months ago - Financial Post

CI Financial Reports Total Assets of $518.1 Billion for September 2024

All financial amounts in Canadian dollars unless stated otherwise. TORONTO — CI Financial Corp. (“CI”) (TSX: CIX) today reported preliminary total assets of $518.1 billion as at September 30, 2024, co...

3 months ago - Financial Post

Neo Financial Partners with CI Financial to Launch Suite of Cutting-Edge Financial Solutions

Neo Financial, Canada’s top-rated financial app1, powers industry-leading financial products backed by the trusted expertise of CI Financial CALGARY, Alberta & WINNIPEG, Manitoba & TORONTO — Neo Finan...

3 months ago - Financial Post

CI Financial declares $0.1471 dividend

4 months ago - Seeking Alpha

CI Financial Mails Notice of Variation in Connection with Substantial Issuer Bid

TORONTO — CI Financial Corp. (TSX: CIX) (“CI Financial” or the “Corporation”) announced today that the Corporation has mailed a notice of variation and extension (the “Notice”) in connection with its ...

4 months ago - Financial Post

CI Financial Announces Substantial Issuer Bid Price Increase and Related Extension

TORONTO — CI Financial Corp. (TSX: CIX) (“CI Financial” or the “Corporation”) announced today the Corporation is varying the terms of its previously announced substantial issuer bid (the “Offer”). Und...

4 months ago - Financial Post

CI Financial Announces Debenture Financing to Refinance Existing Indebtedness

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES The Shelf Prospectus and the Prospectus Supplement are accessible on SEDAR+. TORONTO — CI Financial Co...

4 months ago - Financial Post

CI Financial Reports Total Assets of $509.2 Billion for August 2024

All financial amounts in Canadian dollars unless stated otherwise. TORONTO — CI Financial Corp. (“CI”) (TSX: CIX) today reported preliminary total assets of $509.2 billion as at August 31, 2024, consi...

4 months ago - Financial Post