CI Financial is a diversified wealth management firm in Canada offering global asset management and wealth management advisory services to its clients. With more than five decades of existence, the company has successfully grown its assets in Canada and abroad and has been expanding its channels of distribution.
CI Financial engages in the marketing and distribution of mutual funds, segregated funds, ETFs, and other investment products in Canada, and provides asset management services in Australia and New Zealand.
The company operates through two business segments, asset management and asset administration, through its subsidiaries CI Investments Inc, Assante Wealth Management Ltd, Stonegate Private Counsel, First Asset Investment Management Inc, BBS Securities, Grant Samuel Funds Management and Wealth Bar.
CI Financial Stock Details
- Ticker: tse:cix
- Sector: Financial Services
- Industry: Asset Management
- Market Cap: 2.69B
- Market Cap Group: Mid Cap
- P/E: 36.10
- Dividend Yield: 4.84%
- Grade: C
- Dividend Aristocrat: NO
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 3/10
- Dividend Income Fit: 6/10
CIX Industry Competitors
The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.
| Ticker | Ticker | Company | Market Cap | P/E | Yield | Aristocrat | Graph | SectorID | IndustryID |
|---|---|---|---|---|---|---|---|---|---|
| BAM.A | TSE:BAM.A | Brookfield Asset Management | 101.83 | 22.95 | 1.20 | YES | 1 | 7 | 17 |
| BLK | NYSE:BLK | BlackRock | 98.55 | 19.28 | 3.03 | NO | 1 | 7 | 17 |
| BN | TSE:BN | Brookfield Corp | 72.52 | 352.06 | 0.85 | YES | 1 | 7 | 17 |
| AMP | NYSE:AMP | Ameriprise Financial, Inc. | 34.22 | 15.66 | 1.62 | NO | 1 | 7 | 17 |
| BK | NYSE:BK | Bank of New York Mellon Corporation | 33.25 | 12.42 | 3.93 | NO | 1 | 7 | 17 |
| TROW | NASDAQ:TROW | T. Rowe Price Group, Inc. | 23.65 | 15.73 | 4.63 | YES | 1 | 7 | 17 |
| BAM | TSE:BAM | Brookfield Asset Management | 18.97 | 7.62 | 3.76 | YES | 1 | 7 | 17 |
| BEN | NYSE:BEN | Franklin Resources, Inc. | 12.48 | 15.63 | 4.80 | YES | 1 | 7 | 17 |
| IGM | TSE:IGM | IGM Financial | 8.84 | 9.25 | 6.06 | NO | 1 | 7 | 17 |
| IVZ | NYSE:IVZ | Invesco Ltd. | 6.50 | 10.35 | 5.52 | NO | 1 | 7 | 17 |
| ONEX | TSE:ONEX | ONEX Corporation | 6.37 | 30.53 | 0.50 | NO | 1 | 7 | 17 |
| BIPC | TSE:BIPC | Brookfield Infrastructure Partners | 5.59 | 19.01 | 4.08 | NO | 1 | 7 | 17 |
| CIX | TSE:CIX | CI Financial | 2.69 | 36.10 | 4.84 | NO | 1 | 7 | 17 |
| EIT.UN | TSE:EIT.UN | Canoe EIT Income Fund | 2.20 | 7.79 | 9.38 | NO | 1 | 7 | 17 |
| SII | TSE:SII | Sprott | 1.12 | 23.48 | 3.12 | NO | 1 | 7 | 17 |
| GCG | TSE:GCG | Guardian Capital Group | 1.09 | 0.00 | 3.18 | NO | 1 | 7 | 17 |
| AD.UN | TSE:AD.UN | Alaris Equity Partners | 0.67 | 7.20 | 9.19 | NO | 1 | 7 | 17 |
| AGF.B | TSE:AGF.B | AGF Management | 0.49 | 5.55 | 5.90 | NO | 1 | 7 | 17 |
| FSZ | TSE:FSZ | Fiera Capital Corp | 0.47 | 32.56 | 15.75 | YES | 1 | 7 | 17 |
| CLP.UN | TSE:CLP.UN | International Clean Power | 0.11 | 16.55 | 7.70 | NO | 1 | 7 | 17 |
| MID.UN | TSE:MID.UN | Mint Inc | 0.09 | 11.96 | 6.87 | NO | 1 | 7 | 17 |
| BGI.UN | TSE:BGI.UN | Brookfield Glbl Infrstrctr Scrty Incm Fd | 0.07 | 9.12 | 14.32 | NO | 1 | 7 | 17 |
| RBN.UN | TSE:RBN.UN | Blue Ribbon Income Fund | 0.07 | 0.00 | 6.36 | NO | 1 | 7 | 17 |
| MDS.UN | TSE:MDS.UN | Healthcare Special Opportunities Fund | 0.02 | 0.00 | 1.96 | NO | 1 | 7 | 17 |
| MMP.UN | TSE:MMP.UN | Precious Metals | 0.02 | 0.00 | 5.97 | NO | 1 | 7 | 17 |
| INC.UN | TSE:INC.UN | Income Financial | 0.02 | 0.00 | 15.59 | NO | 1 | 7 | 17 |
| BSO.UN | TSE:BSO.UN | Brookfield Select Opportunities | 0.01 | 0.00 | 37.97 | NO | 1 | 7 | 17 |
| CIQ.UN | TSE:CIQ.UN | Canadian High Income | 0.01 | 0.00 | 7.11 | NO | 1 | 7 | 17 |
Top Picks by Bay Street Experts
Expert stock analysts have shared their opinions, and sometimes prediction, on the company.
For more top picks from stock analysts on Bay Street, check the full list of top picks by expect stock analysts from investment and asset management firms.
Not all analysts are equal and they don't cover the same type of stocks. The analysts performance and ownership is tracked for comparison.
CI Financial - FAQ
What is the stock ticker for CI Financial?
The stock ticker for CI Financial is TSE:cix.
Is CI Financial a good stock to buy?
You need to consider your investment strategy and how TSE:cix can fit in your portfolio.
The current dividend income score of 6/10 and dividend growth score of 3/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is CI Financial a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 45 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.
How can I buy stocks for CI Financial?
You can easily buy the CIX stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.