Industrial Alliance is a leading insurance and wealth management company in Canada. The company manages more than $180 billion in assets and over 4 million client accounts.
It also distributes creditor insurance products, car loan financing, and property & casualty products through a Canada wide distribution network. Industrial Alliance operates through individual insurance (15% of 2018 revenues), individual wealth management (40%), group insurance (18%), group savings and retirement (18%), U.S. operations (5%) and other (4%) divisions.
The company deploys an extensive distribution network, With more than a century old existence, Industrial Alliance has developed the necessary expertise and portfolio of products and solutions to cater to the diverse financial needs of its clients. The company is targeting to grow its EPS by at least 10% annually till 2022.
Stock Chart & Metrics
- Ticker: tse:iag
- Sector: Financial Services
- Industry: Insurance - Diversified
- Market Cap: 9.04B
- Market Cap Group: Mid Cap
- P/E: 9.93
- Dividend Yield: 3.49%
- Grade: A
- Dividend Aristocrat: YES
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 7/10
- Dividend Income Fit: 5/10
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 |
|---|---|---|---|---|---|---|---|---|---|
| SLF | TSE:SLF | Sun Life Financial | 39.28 | 13.48 | 4.48 | YES | 1 | 7 | 54 |
| PFG | NASDAQ:PFG | Principal Financial Group Inc. | 16.55 | 10.46 | 3.76 | NO | 1 | 7 | 54 |
| IAG | TSE:IAG | Industrial Alliance | 9.04 | 9.93 | 3.49 | YES | 1 | 7 | 54 |
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.
Industrial Alliance - FAQ
What is the stock ticker for Industrial Alliance?
The stock ticker for Industrial Alliance is TSE:iag.
Is Industrial Alliance a good stock to buy?
You need to consider your investment strategy and how TSE:iag can fit in your portfolio.
The current dividend income score of 5/10 and dividend growth score of 7/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is Industrial Alliance a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 69 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 Industrial Alliance?
You can easily buy the IAG stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.