Altus Group (TSE:AIF – Free Report) had its price target hoisted by Cormark from C$60.00 to C$63.00 in a research note issued to investors on Wednesday, BayStreet.CA reports. Cormark also issued estimates for Altus Group’s Q2 2024 earnings at $0.22 EPS, Q3 2024 earnings at $0.26 EPS, Q4 2024 earnings at $0.43 EPS, FY2024 earnings at $1.12 EPS, Q1 2025 earnings at $0.19 EPS, Q2 2025 earnings at $0.47 EPS, Q3 2025 earnings at $0.57 EPS, Q4 2025 earnings at $0.69 EPS, FY2025 earnings at $1.91 EPS, Q1 2026 earnings at $0.51 EPS, Q2 2026 earnings at $0.64 EPS and FY2026 earnings at $2.72 EPS.
Other equities analysts also recently issued reports about the stock. National Bankshares boosted their price target on shares of Altus Group from C$50.00 to C$55.00 and gave the stock a sector perform rating in a report on Thursday, April 18th. Canaccord Genuity Group dropped their target price on shares of Altus Group from C$66.00 to C$63.00 in a research note on Wednesday. Scotiabank increased their target price on shares of Altus Group from C$49.00 to C$53.00 and gave the company a sector perform rating in a research report on Tuesday, May 21st. TD Securities lifted their price target on shares of Altus Group from C$55.00 to C$65.00 in a report on Wednesday. Finally, BMO Capital Markets set a C$59.00 price objective on Altus Group in a research note on Wednesday. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of Hold and an average price target of C$57.67.
View Our Latest Analysis on Altus Group
Altus Group Trading Down 0.9 %
Altus Group (TSE:AIF – Get Free Report) last released its earnings results on Thursday, May 2nd. The company reported C$0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.42 by C($0.09). Altus Group had a net margin of 1.60% and a return on equity of 2.06%. The company had revenue of C$199.54 million for the quarter, compared to analyst estimates of C$198.85 million. Equities analysts anticipate that Altus Group will post 1.9806823 EPS for the current fiscal year.
Altus Group Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Monday, July 15th will be given a dividend of $0.15 per share. The ex-dividend date is Friday, June 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.10%. Altus Group’s dividend payout ratio (DPR) is presently 222.22%.
Altus Group Company Profile
Altus Group Limited provides asset and funds intelligence solutions for commercial real estate (CRE). The company operates through Analytics, Property Tax, and Appraisals and Development Advisory segments. The Analytics segment portfolio includes software, data analytics, market data, and consulting services; CRE asset and fund management services; ARGUS-branded, finance active-branded debt management, and valuation management solutions; technology consulting services, such as strategic advisory for front-to-back-office strategies, processes, and technology; and software services related to education, training, and implementation.
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