Cormark Has Bearish Forecast for Altus Group Q3 Earnings

Key Points

• Cormark reduced its Q3 2025 earnings per share estimate for Altus Group from $0.45 to $0.44, while the full-year earnings estimate remains at $1.73 per share.
• Altus Group's quarterly dividend of $0.15 will be paid on October 15th, representing an annualized yield of 1.1%.
• Shares of Altus Group opened at C$52.93, with a debt-to-equity ratio of 55.91 and a market cap of C$2.46 billion.

Altus Group Limited (TSE:AIF - Free Report) - Research analysts at Cormark decreased their Q3 2025 earnings estimates for shares of Altus Group in a research note issued on Friday, August 8th. Cormark analyst G. Fairweather now forecasts that the company will post earnings per share of $0.44 for the quarter, down from their prior forecast of $0.45. The consensus estimate for Altus Group's current full-year earnings is $1.73 per share. Cormark also issued estimates for Altus Group's Q1 2026 earnings at $0.47 EPS and Q2 2026 earnings at $0.58 EPS.

AIF has been the topic of several other research reports. Scotiabank boosted their price target on shares of Altus Group from C$52.00 to C$53.00 and gave the company a "sector perform" rating in a research report on Friday, August 8th. CIBC cut their price objective on shares of Altus Group from C$57.00 to C$54.00 in a report on Thursday, April 17th. BMO Capital Markets upped their price objective on shares of Altus Group from C$60.00 to C$62.00 in a report on Thursday, May 22nd. National Bank Financial upgraded shares of Altus Group from a "hold" rating to a "strong-buy" rating in a report on Tuesday. Finally, National Bankshares upgraded shares of Altus Group from a "sector perform" rating to an "outperform" rating and upped their price objective for the stock from C$60.00 to C$74.00 in a report on Wednesday. Three analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Altus Group currently has a consensus rating of "Moderate Buy" and a consensus price target of C$60.20.

Altus Group Trading Up 0.1%

AIF stock traded up C$0.06 during trading on Monday, hitting C$61.01. 43,560 shares of the company traded hands, compared to its average volume of 124,766. The firm has a market capitalization of C$2.84 billion, a PE ratio of 1,067.56, a P/E/G ratio of 0.96 and a beta of 0.82. Altus Group has a 1 year low of C$46.36 and a 1 year high of C$62.00. The company has a 50-day moving average of C$54.27 and a 200-day moving average of C$53.70. The company has a debt-to-equity ratio of 55.91, a quick ratio of 1.30 and a current ratio of 2.09.

Altus Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.0%. Altus Group's dividend payout ratio (DPR) is presently 1,049.89%.

Insiders Place Their Bets

In other news, Director Anthony Long sold 3,000 shares of the business's stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of C$56.16, for a total transaction of C$168,468.00. Also, Senior Officer Kimberly Carter sold 725 shares of the business's stock in a transaction on Wednesday, May 28th. The shares were sold at an average price of C$55.00, for a total transaction of C$39,875.00. 4.05% of the stock is owned by insiders.

About Altus Group

Altus Group Ltd operates in the Canadian real estate sector. Its services can be summed up as advisory services, software and data solutions to the property and real estate industry. The company has three reportable segments namely Altus Analytics, Commercial Real Estate Consulting, and Geomatics. It generates maximum revenue from the Commercial Real Estate Consulting segment.