What is Cormark's Estimate for Calian Group FY2025 Earnings?

Key Points

• Cormark has revised its FY2025 earnings estimate for Calian Group to $3.74 EPS, down from $3.98, and also forecasted FY2026 earnings at $4.82 EPS.
• Target prices for Calian Group shares have been lowered by analysts, including Royal Bank of Canada and Canaccord Genuity Group, while CIBC has increased its target price.
• The company's latest quarterly dividend was $0.28 per share, resulting in an annualized dividend of $1.12 with a yield of 2.4%.

Calian Group Ltd. (TSE:CGY - Free Report) - Stock analysts at Cormark reduced their FY2025 earnings estimates for Calian Group in a research report issued on Thursday, August 14th. Cormark analyst J. Pytlak now forecasts that the company will post earnings of $3.74 per share for the year, down from their prior estimate of $3.98. The consensus estimate for Calian Group's current full-year earnings is $4.95 per share. Cormark also issued estimates for Calian Group's FY2026 earnings at $4.82 EPS.

Other research analysts also recently issued reports about the stock. Royal Bank Of Canada lowered their price objective on shares of Calian Group from C$60.00 to C$58.00 and set an "outperform" rating on the stock in a research report on Thursday, May 22nd. Ventum Financial lowered their price objective on shares of Calian Group from C$60.00 to C$58.00 and set a "buy" rating on the stock in a research report on Thursday. Canaccord Genuity Group reduced their target price on shares of Calian Group from C$75.00 to C$60.00 and set a "buy" rating for the company in a research note on Thursday, May 22nd. Desjardins reduced their target price on shares of Calian Group from C$62.00 to C$59.00 and set a "buy" rating for the company in a research note on Thursday. Finally, CIBC lifted their target price on shares of Calian Group from C$50.00 to C$59.00 in a research note on Monday, July 21st.

Calian Group Stock Up 1.1%

CGY traded up C$0.51 on Friday, reaching C$47.85. 18,154 shares of the company traded hands, compared to its average volume of 35,164. The stock's 50 day moving average price is C$49.40 and its 200-day moving average price is C$45.80. Calian Group has a 52-week low of C$37.70 and a 52-week high of C$53.36. The company has a market cap of C$568.03 million, a price-to-earnings ratio of 51.24, a PEG ratio of 2.50 and a beta of 0.88. The company has a debt-to-equity ratio of 39.54, a current ratio of 1.29 and a quick ratio of 1.20.

Calian Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 9th. Shareholders of record on Tuesday, September 9th will be paid a $0.28 dividend. The ex-dividend date is Tuesday, August 26th. This represents a $1.12 dividend on an annualized basis and a yield of 2.3%. Calian Group's payout ratio is 119.93%.

Insider Transactions at Calian Group

In other news, Senior Officer Kevin Lee Ford acquired 1,000 shares of Calian Group stock in a transaction dated Monday, May 26th. The stock was acquired at an average cost of C$38.05 per share, for a total transaction of C$38,050.00. Insiders have purchased 2,687 shares of company stock valued at $106,602 in the last ninety days. 0.63% of the stock is owned by insiders.

Calian Group Company Profile

Calian Group Ltd operates through four segments namely Advanced Technologies, Health, Learning, and Information Technology. It generates maximum revenue from the Health segment. The company serves health, defence, security, aerospace, engineering, AgTech, and IT industries. Its Health segment includes Clinical Services; Nursing Services; Psychological Services and Medical Property Management.