FY2026 EPS Estimates for CGI Group Reduced by Analyst

Key Points

• Analysts at National Bank Financial have decreased their FY2026 earnings per share estimates for CGI Group from $6.49 to $6.41, while the current full-year earnings consensus stands at $5.79.
• CGI Group reported $1.52 earnings per share for the recent quarter, surpassing expectations, although their revenue of $3 billion fell short of the consensus estimate of $4.01 billion.
• The company has increased its quarterly dividend to $0.1086 per share, which represents a 0.5% yield and a payout ratio of 7.95%.

CGI Group, Inc. (NYSE:GIB - Free Report) TSE: GIB.A - Analysts at National Bank Financial decreased their FY2026 earnings per share estimates for CGI Group in a report issued on Wednesday, July 30th. National Bank Financial analyst R. Tse now forecasts that the technology company will earn $6.41 per share for the year, down from their previous forecast of $6.49. The consensus estimate for CGI Group's current full-year earnings is $5.79 per share.

CGI Group (NYSE:GIB - Get Free Report) TSE: GIB.A last posted its quarterly earnings data on Wednesday, July 30th. The technology company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.51 by $0.01. The company had revenue of $3 billion during the quarter, compared to analysts' expectations of $4.01 billion. CGI Group had a return on equity of 18.53% and a net margin of 11.01%. CGI Group's revenue for the quarter was up 11.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.91 earnings per share.

Several other research firms also recently weighed in on GIB. Royal Bank Of Canada cut their price objective on CGI Group from $185.00 to $175.00 and set an "outperform" rating on the stock in a report on Thursday, July 31st. UBS Group cut their target price on CGI Group from $112.00 to $105.00 and set a "neutral" rating on the stock in a report on Thursday, July 31st. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $148.25.

CGI Group Stock Performance

Shares of NYSE GIB traded up $0.63 during trading hours on Monday, reaching $97.60. 483,049 shares of the stock were exchanged, compared to its average volume of 310,238. The firm has a market capitalization of $21.76 billion, a price-to-earnings ratio of 18.04, a P/E/G ratio of 1.78 and a beta of 0.72. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.94 and a current ratio of 1.27. CGI Group has a 52 week low of $92.85 and a 52 week high of $122.79. The stock's fifty day simple moving average is $104.10 and its 200 day simple moving average is $106.29.

CGI Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 19th. Stockholders of record on Friday, August 15th will be paid a dividend of $0.1086 per share. This is a boost from CGI Group's previous quarterly dividend of $0.11. This represents a $0.43 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Friday, August 15th. CGI Group's payout ratio is 7.95%.

Institutional Investors Weigh In On CGI Group

Hedge funds and other institutional investors have recently bought and sold shares of the company. Royal Bank of Canada raised its holdings in shares of CGI Group by 10.1% in the first quarter. Royal Bank of Canada now owns 8,151,753 shares of the technology company's stock worth $813,792,000 after buying an additional 747,918 shares during the last quarter. Vanguard Group Inc. lifted its position in CGI Group by 1.2% during the first quarter. Vanguard Group Inc. now owns 8,037,045 shares of the technology company's stock valued at $802,338,000 after purchasing an additional 94,266 shares during the period. Federation des caisses Desjardins du Quebec lifted its position in CGI Group by 22.5% during the first quarter. Federation des caisses Desjardins du Quebec now owns 4,933,984 shares of the technology company's stock valued at $491,725,000 after purchasing an additional 907,876 shares during the period. Mackenzie Financial Corp lifted its position in CGI Group by 0.9% during the first quarter. Mackenzie Financial Corp now owns 4,755,285 shares of the technology company's stock valued at $474,702,000 after purchasing an additional 41,631 shares during the period. Finally, Fiera Capital Corp lifted its position in CGI Group by 2.1% during the first quarter. Fiera Capital Corp now owns 4,380,743 shares of the technology company's stock valued at $437,770,000 after purchasing an additional 89,458 shares during the period. Hedge funds and other institutional investors own 66.68% of the company's stock.

About CGI Group

CGI Inc, together with its subsidiaries, provides information technology (IT) and business process services. Its services include the business and strategic IT consulting, systems integration, and software solutions. The company also provides application development, modernization and maintenance, holistic enterprise digitization, automation, hybrid and cloud management, and business process services; intellectual property-based solutions; business consulting; managed IT services; and IT infrastructure services.