CI Financial Corp. (TSX: CIX)
Canada
· Delayed Price · Currency is CAD | Market Cap | 2.61B |
| Revenue (ttm) | 2.79B |
| Net Income (ttm) | 5.02M |
| Shares Out | 156.24M |
| EPS (ttm) | -0.05 |
| PE Ratio | 556.67 |
| Forward PE | 4.74 |
| Dividend | 0.78 (4.67%) |
| Ex-Dividend Date | Jun 28, 2024 |
| Volume | 640,873 |
| Open | 16.38 |
| Previous Close | 16.30 |
| Day's Range | 16.37 - 16.76 |
| 52-Week Range | 12.11 - 18.69 |
| Beta | 1.63 |
| Analysts | n/a |
| Price Target | 20.06 (+20.12%) |
| Earnings Date | May 10, 2024 |
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]
Financial Performance
In 2023, CI Financial's revenue was 3.20 billion, an increase of 31.99% compared to the previous year's 2.43 billion. Earnings were 5.02 million, a decrease of -98.33%.
Financial StatementsNews
Moody’s Downgrades CI Financial’s Debt Ratings
The ratings agency says the move reflects “elevated acquisition-related liabilities and share repurchase activities.”
CI Financial Reports Total Assets of $474.2 Billion for March 2024
All financial amounts in Canadian dollars unless stated otherwise. TORONTO — CI Financial Corp. (“CI”) (TSX: CIX) today reported preliminary total assets of $474.2 billion as at March 31, 2024, consis...
CI Financial Announces First Quarter Earnings Conference Call and Webcast
TORONTO — CI Financial Corp. (“CI”) (TSX: CIX) will release its financial results for the first quarter of fiscal 2024 on Friday, May 10, 2024. CI will hold a conference call with analysts that day at...
CI Financial to Hold Annual Meeting Of Shareholders on June 26, 2024
TORONTO — CI Financial Corp. (“CI”) (TSX: CIX) announced today it will hold its Annual Meeting of Shareholders on June 26, 2024 at 2:00 p.m. EDT. The meeting will be held in a virtual-only format by w...
CI Financial Announces Approval of Proposed Amendments at Debentureholder Meetings
TORONTO — CI Financial Corp. (TSX: CIX) (“CI Financial” or the “Corporation”) announced today it has successfully obtained approval of certain previously announced amendments (the “Proposed Amendments...
Corient Obtains A- Credit Rating
Corient reported during its quarterly earnings call that it is fully severed from parent company CI Financial in all but ownership and debt.
CI Financial Corp. (CIXX) Q4 2023 Earnings Call Transcript
CI Financial reports December total assets of C$444.8 billion
CI Financial reports total assets of $444.8B as of Dec 2023, including $125.0B in asset management assets, $88.0B in Canadian wealth management assets,...
CI Financial reports total assets of C$438B for November
CI Financial reports a significant increase in total assets to C$438B as of November 2023, with strong growth in asset management and wealth management...
CI Financial announces COO Darie Urbanky retirement
CI Financial announces retirement of Darie Urbanky, President & COO. Urbanky to retire by December 31, 2024.
CI Financial reports total assets of C$420.7B for October
CI Financial reported total assets of C$420.7B as of October 31, 2023, comprising asset management, wealth management, and custody assets in Canada and the...
Corient Growth Offsets CI Financial's Q3 Asset Losses in Canada
On an earnings call this week, CEO Kurt MacAlpine said to expect more acquisitions at a less frenzied pace as the company continues to pay down debt.
Canada’s CI Financial Wants to Ramp Up U.S. Acquisitions Again
One of the most aggressive acquirers in the first two years of the decade pumped the brakes on M&A as debt mounted, but its CEO says its deal pipeline is “robust.”
CI Financial Non-GAAP EPS of $0.81 in-line, revenue of $616.5M misses by $56.96M
CI Financial reports Q3 financial results: Non-GAAP EPS in line with expectations, but revenue falls short by $56.96M.
CI Financial says preliminary total assets were C$421B in September
CI Financial Corp reports total assets of $421 billion as of September 30, 2023. Read more.
CI Financial goes ex-dividend tomorrow
CI Financial (CIWV) had declared $0.22/share quarterly dividend, 10% increase from prior dividend of $0.20. Payable Nov. 1; for shareholders of record Oct. 20;
RIA Roundup: Congress Wealth Management Acquires $1.1B MainLine Private Wealth
Congress completes its first acquisition since CI Financial sold a minority stake to Audax, two Indiana firms merge to create $750 million AUM Wellington Wealth and a 10-person team leaves Ameriprise ...
CI Financial reports total assets of C$431.9B for August
CI Financial (OTCPK:CIXXF) reports total assets of C$431.9 billion at the end of August, consisting of asset management assets of C$122.7B, Canadian wealth...
CIXX vs. STEP: Which Stock Is the Better Value Option?
CIXX vs. STEP: Which Stock Is the Better Value Option?
Is CI Financial (CIXX) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...
Best Value Stocks to Buy for December 23rd
CIXX, CPYYY and AIR made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 23, 2022.
Should Value Investors Buy CI Financial (CIXX) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...
Best Value Stocks to Buy for December 21st
TEX, JBL and CIXX made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 21, 2022.
CIXX or BX: Which Is the Better Value Stock Right Now?
CIXX vs. BX: Which Stock Is the Better Value Option?
Best Value Stocks to Buy for December 19th
CIXX, FLXS and TEX made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 19, 2022.