NYSE
CIXX

CI Financial Corp

Investment Banking & Investment Services
Financials

Prices are adjusted according to historical splits.

CI Financial Corp Stock Price

Vitals

Today's Low:
$9.2
Today's High:
$9.28
Open Price:
$9.2
52W Low:
$8.3831
52W High:
$13
Prev. Close:
$9.48
Volume:
1122

Company Statistics

Market Cap.:
$2.10 billion
Book Value:
9.041
Revenue TTM:
$2.95 billion
Operating Margin TTM:
31.72%
Gross Profit TTM:
$1.76 billion
Profit Margin:
14.69%
Return on Assets TTM:
6.82%
Return on Equity TTM:
26.64%

Company Profile

CI Financial Corp had its IPO on 2020-11-02 under the ticker symbol CIXX.

The company operates in the Financials sector and Investment Banking & Investment Services industry. CI Financial Corp has a staff strength of 2,416 employees.

Stock update

Shares of CI Financial Corp opened at $9.2 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $9.2 - $9.28, and closed at $9.28.

This is a -2.11% slip from the previous day's closing price.

A total volume of 1,122 shares were traded at the close of the day’s session.

In the last one week, shares of CI Financial Corp have slipped by -2.73%.

CI Financial Corp's Key Ratios

CI Financial Corp has a market cap of $2.10 billion, indicating a price to book ratio of 1.4951 and a price to sales ratio of 0.622.

In the last 12-months CI Financial Corp’s revenue was $2.95 billion with a gross profit of $1.76 billion and an EBITDA of $1.06 billion. The EBITDA ratio measures CI Financial Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, CI Financial Corp’s operating margin was 31.72% while its return on assets stood at 6.82% with a return of equity of 26.64%.

In Q3, CI Financial Corp’s quarterly earnings growth was a negative -63.1% while revenue growth was a negative 0.7%.

CI Financial Corp’s PE and PEG Ratio

Forward PE
4.1459
Trailing PE
6.8383
PEG
1.1298

Its diluted EPS in the last 12-months stands at $1.67 per share while it has a forward price to earnings multiple of 4.1459 and a PEG multiple of 1.1298. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into CI Financial Corp’s profitability.

CI Financial Corp stock is trading at a EV to sales ratio of 1.5692 and a EV to EBITDA ratio of 5.1531. Its price to sales ratio in the trailing 12-months stood at 0.622.

CI Financial Corp stock pays annual dividends of $0.72 per share, indicating a yield of 4.66% and a payout ratio of 23.26%.

Balance sheet and cash flow metrics

Total Assets
$9.28 billion
Total Liabilities
$3.22 billion
Operating Cash Flow
$9.66 million
Capital Expenditure
$6.51 million
Dividend Payout Ratio
23.26%

CI Financial Corp ended 2024 with $9.28 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $9.28 billion while shareholder equity stood at $1.66 billion.

CI Financial Corp ended 2024 with $0 in deferred long-term liabilities, $3.22 billion in other current liabilities, 1692395000.00 in common stock, $-118247000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $220.44 million and cash and short-term investments were $258.03 million. The company’s total short-term debt was $422,442,000 while long-term debt stood at $3.55 billion.

CI Financial Corp’s total current assets stands at $1.94 billion while long-term investments were $0 and short-term investments were $37.59 million. Its net receivables were $302.88 million compared to accounts payable of $1.71 billion and inventory worth $0.

In 2024, CI Financial Corp's operating cash flow was $9.66 million while its capital expenditure stood at $6.51 million.

Comparatively, CI Financial Corp paid $0.23 in dividends in 2024.

Other key metrics

Current Trading Price
$9.28
52-Week High
$13
52-Week Low
$8.3831
Analyst Target Price
$

CI Financial Corp stock is currently trading at $9.28 per share. It touched a 52-week high of $13 and a 52-week low of $13. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $11.27 and 200-day moving average was $10.64 The short ratio stood at 13.8 indicating a short percent outstanding of 0%.

Around 1153.8% of the company’s stock are held by insiders while 4696.5% are held by institutions.

Frequently Asked Questions About CI Financial Corp

The stock symbol (also called stock or share ticker) of CI Financial Corp is CIXX

The IPO of CI Financial Corp took place on 2020-11-02

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About

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.

Address

15 York Street,, Toronto, ON, Canada, M5J 0A3