S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
The single greatest medical breakthrough of all time? (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
The single greatest medical breakthrough of all time? (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
The single greatest medical breakthrough of all time? (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
The single greatest medical breakthrough of all time? (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
The single greatest medical breakthrough of all time? (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
The single greatest medical breakthrough of all time? (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
The single greatest medical breakthrough of all time? (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
The single greatest medical breakthrough of all time? (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
The single greatest medical breakthrough of all time? (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
The single greatest medical breakthrough of all time? (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
The single greatest medical breakthrough of all time? (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
The single greatest medical breakthrough of all time? (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Positive News SentimentPositive News
NYSE:CIXX

CI Financial (CIXX) Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
Compare
Today's Range
$11.24
▼
$11.50
50-Day Range
$9.64
▼
$11.51
52-Week Range
$8.50
▼
$20.63
Volume
52,500 shs
Average Volume
126,800 shs
Market Capitalization
$2.13 billion
P/E Ratio
6.60
Dividend Yield
4.73%
Price Target
$20.13
ProfileAnalyst RatingsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media

CI Financial MarketRank™ Forecast

Analyst Rating
0.00 Rating Score
Upside/​Downside
76.2% Upside
$20.13 Price Target
Short Interest
N/A
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
11.89%
From $2.27 to $2.54 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.17 out of 5 stars

Finance Sector

531st out of 865 stocks

Investment Advice Industry

37th out of 49 stocks

See Top Rated MarketRank™ Stocks Here

CIXX stock logo

About CI Financial (NYSE:CIXX) Stock

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.


CIXX Stock News Headlines

August 1, 2023 | businesswire.com
CI Private Wealth rebrands as Corient
July 19, 2023 | msn.com
CI Financial goes ex dividend tomorrow
August 14, 2023 | Chaikin Analytics (Ad)
Forget NVDA. Buy this A.I. stock instead
Dozens of 100% - 1,000% opportunities over the last decade have led to this one under-the-radar A.I. stock... MORE HERE...
June 13, 2023 | finance.yahoo.com
Chairman of the Board of CI Financial William Holland Buys 1.0% More Shares
May 17, 2023 | msn.com
Are Investors Undervaluing CI Financial (CIXXF) Right Now?
May 11, 2023 | reuters.com
CI Financial sells $1 bln minority stake in US wealth management arm
May 10, 2023 | markets.businessinsider.com
Where CI&T Stands With Analysts
April 20, 2023 | msn.com
Is CI Financial (CIXXF) Stock Undervalued Right Now?
August 14, 2023 | Behind the Markets (Ad)
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
January 31, 2023 | finance.yahoo.com
CI GAM Opens the Market
January 19, 2023 | finance.yahoo.com
CI Financial Corp. (TSE:CIX) insiders placed bullish bets worth CA$13m in the last 12 months
January 16, 2023 | finance.yahoo.com
CI Global Asset Management Announces Fund Merger, ETF Risk Rating Change
January 16, 2023 | finance.yahoo.com
CI Global Asset Management Announces January 2023 Distributions for CI ETFs
December 30, 2022 | finance.yahoo.com
Following Previously Announced Confidential Submission of Draft Registration Statement for its U.S. Business, CI Financial Confirms Intent to Voluntarily Delist from the NYSE and Deregister with the U.S. Securities and Exchange Commission
December 22, 2022 | finance.yahoo.com
CI Financial Confirms Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering of CI U.S. Holdings Inc.’s Common Stock
December 21, 2022 | finance.yahoo.com
Should Value Investors Buy CI Financial (CIXX) Stock?
December 8, 2022 | finance.yahoo.com
CORRECTING and REPLACING CI Global Asset Management Announces Estimated Annual Reinvested Capital Gains Distributions for CI ETFs
November 22, 2022 | finance.yahoo.com
CI Global Asset Management Launches CI Global Investment Grade Fund
November 12, 2022 | markets.businessinsider.com
Barclays Keeps Their Buy Rating on CI Financial (CIXX)
November 12, 2022 | finance.yahoo.com
As Profit Falls and Debt Climbs, CI Financial Says It Will Proceed With U.S. IPO
November 10, 2022 | finance.yahoo.com
CI Financial Reports Financial Results for the Third Quarter of 2022
November 1, 2022 | finance.yahoo.com
CI Global Asset Management Launches Global Fixed-Income Mandates
October 27, 2022 | bizjournals.com
Santander secures 95,000 sq. ft. space in 830 Brickell
October 14, 2022 | finance.yahoo.com
CI Global Asset Management Announces October 2022 Distributions for CI ETFs
October 12, 2022 | finance.yahoo.com
CI Financial (TSE:CIX) Is Paying Out A Dividend Of CA$0.18
September 30, 2022 | finance.yahoo.com
Are Investors Undervaluing CI Financial (CIXX) Right Now?
September 23, 2022 | nasdaq.com
Best Value Stocks to Buy for September 23rd
See More Headlines
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CIXX Company Calendar

Last Earnings
8/10/2021
Today
8/13/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Investment advice
Sub-Industry
N/A
Sector
Finance
Current Symbol
NYSE:CIXX
CUSIP
N/A
CIK
1829948
Web
www.cifinancial.com
Phone
(416) 364-1145
Fax
N/A
Employees
2,416
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$20.13
High Stock Price Forecast
$21.00
Low Stock Price Forecast
$19.00
Forecasted Upside/Downside
+76.2%
Consensus Rating
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$1.73
Trailing P/E Ratio
6.60
Forward P/E Ratio
5.03
P/E Growth
0.56
Net Income
$326.60 million
Net Margins
17.55%
Pretax Margin
24.99%
Return on Equity
37.42%
Return on Assets
6.99%

Debt

Debt-to-Equity Ratio
2.19
Current Ratio
0.60
Quick Ratio
0.60

Sales & Book Value

Annual Sales
$2.16 billion
Price / Sales
0.98
Cash Flow
$2.93 per share
Price / Cash Flow
3.90
Book Value
$6.48 per share
Price / Book
1.76

Miscellaneous

Outstanding Shares
186,285,000
Free Float
N/A
Market Cap
$2.13 billion
Optionable
Not Optionable
Beta
1.20
12 Stocks Corporate Insiders are Abandoning

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Key Executives

  • Mr. Kurt MacAlpine (Age 41)
    CEO & Director
    Comp: $3.72M
  • Mr. Darie P. Urbanky
    Pres & COO
  • Mr. Amit Muni C.P.A. (Age 54)
    CPA, Exec. VP & CFO
    Comp: $1.88M
  • Ms. Julie Lynn Silcox
    Exec. VP & Chief Marketing Officer
  • Mr. Marc-Andre Lewis
    Exec. VP & Head of Investment Management at CI Global Asset Management
  • Mr. Jason Lee Weyeneth C.F.A.
    VP of Investor Relations & Strategy
  • Mr. Edward Douglas Kelterborn B.A.
    BA, L.L.B., LLB, Exec. VP & Chief Legal Officer
  • Mr. Murray Oxby
    VP of Communications
  • Manisha Burman
    Exec. VP & Chief HR Officer
  • Mr. Amarjit Kaur Anderson
    Chief Risk Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













CIXX Stock - Frequently Asked Questions

What is CI Financial's stock price forecast for 2023?

0 brokers have issued 1 year price targets for CI Financial's stock. Their CIXX share price forecasts range from $19.00 to $21.00. On average, they expect the company's stock price to reach $20.13 in the next twelve months. This suggests a possible upside of 76.2% from the stock's current price.
View analysts price targets for CIXX or view top-rated stocks among Wall Street analysts.

How were CI Financial's earnings last quarter?

CI Financial Corp. (NYSE:CIXX) posted its quarterly earnings results on Tuesday, August, 10th. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.57 by $0.03. The firm earned $662.40 million during the quarter, compared to analysts' expectations of $679.30 million. CI Financial had a trailing twelve-month return on equity of 37.42% and a net margin of 17.55%. CI Financial's revenue for the quarter was up 3.4% compared to the same quarter last year.

How often does CI Financial pay dividends? What is the dividend yield for CI Financial?

CI Financial announced a quarterly dividend on Friday, November 11th. Shareholders of record on Friday, March 31st will be paid a dividend of $0.1335 per share on Friday, April 14th. This represents a $0.53 dividend on an annualized basis and a dividend yield of 4.68%. The ex-dividend date is Thursday, March 30th.
Read our dividend analysis for CIXX.

Is CI Financial a good dividend stock?

CI Financial (NYSE:CIXX) pays an annual dividend of $0.54 per share and currently has a dividend yield of 4.73%. CIXX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 31.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CIXX will have a dividend payout ratio of 21.26% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CIXX.

What is CI Financial's stock symbol?

CI Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "CIXX."

What is CI Financial's stock price today?

One share of CIXX stock can currently be purchased for approximately $11.42.

How much money does CI Financial make?

CI Financial (NYSE:CIXX) has a market capitalization of $2.13 billion and generates $2.16 billion in revenue each year. The company earns $326.60 million in net income (profit) each year or $1.73 on an earnings per share basis.

How many employees does CI Financial have?

The company employs 2,416 workers across the globe.

How can I contact CI Financial?

The official website for the company is www.cifinancial.com. The company can be reached via phone at (416) 364-1145 or via email at jweyeneth@ci.com.

This page (NYSE:CIXX) was last updated on 8/14/2023 by MarketBeat.com Staff

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