CI Financial Corp. (TSX: CIX)

Canada flag Canada · Delayed Price · Currency is CAD
30.86
-0.06 (-0.19%)
Dec 20, 2024, 4:00 PM EST
104.24%
Market Cap 4.38B
Revenue (ttm) 3.59B
Net Income (ttm) -69.12M
Shares Out 141.87M
EPS (ttm) -0.47
PE Ratio n/a
Forward PE 7.67
Dividend 0.80 (2.59%)
Ex-Dividend Date Dec 31, 2024
Volume 1,244,479
Open 30.89
Previous Close 30.92
Day's Range 30.76 - 30.99
52-Week Range 13.87 - 31.41
Beta 1.67
Analysts n/a
Price Target n/a
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

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.

17 days 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

25 days 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.

25 days 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

26 days 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.

26 days ago - BNN Bloomberg

Mubadala to take Canada's CI Financial private

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

26 days 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.

4 weeks 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.

5 weeks 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...

5 weeks 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:...

7 weeks 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...

2 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...

2 months ago - Financial Post

CI Financial declares $0.1471 dividend

3 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 ...

3 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...

3 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...

3 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...

3 months ago - Financial Post

CI Financial Requests Morningstar DBRS to Withdraw Credit Ratings

TORONTO — CI Financial Corp. (“CI”) (TSX: CIX) announces that it has asked Morningstar DBRS to withdraw its issuer credit rating and debenture ratings on CI and its debt. The request is the result of ...

3 months ago - Financial Post

Richard Fogler's Top Picks:Apollo Global Management, GFL Environemntal, and CI Financial.

Richard Fogler, managing director of Kingwest & Company, discusses his top picks:Apollo Global Management, GFL Environemntal, and CI Financial.

3 months ago - BNN Bloomberg

CI Financial makes substantial issuer bid

CI Financial offers to buy 5M shares at C$17.50 each in substantial issuer bid, with 146.1M shares outstanding as of August 23.

4 months ago - Seeking Alpha

CI Financial reports AUM of C$511.3B as of July 31

Asset and wealth management company CI Financial (CIX:CA) (CIXXF) on Monday reported an AUM of C$511.3B as of July 31.

4 months ago - Seeking Alpha

CI Financial Reports Total Assets of $511.3 Billion for July 2024

All financial amounts in Canadian dollars unless stated otherwise. TORONTO — CI Financial Corp. (“CI”) (TSX: CIX) today reported preliminary total assets of $511.3 billion as at July 31, 2024, consist...

4 months ago - Financial Post