National Bank Financial Estimates CGI Group FY2026 Earnings

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 - Investment analysts at National Bank Financial cut their FY2026 earnings per share estimates for CGI Group in a research note issued on Wednesday, July 30th. National Bank Financial analyst R. Tse now anticipates that the technology company will post earnings per share of $6.41 for the year, down from their previous estimate of $6.49. The consensus estimate for CGI Group's current full-year earnings is $5.79 per share.

GIB has been the topic of a number of other research reports. UBS Group reduced their price objective on CGI Group from $112.00 to $105.00 and set a "neutral" rating on the stock in a research report on Thursday, July 31st. Royal Bank Of Canada lowered their price target on shares of CGI Group from $185.00 to $175.00 and set an "outperform" rating on the stock in a research report on Thursday, July 31st. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $148.25.

CGI Group Price Performance

GIB traded down $1.83 on Monday, reaching $94.76. 197,163 shares of the company's stock were exchanged, compared to its average volume of 277,606. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.27 and a quick ratio of 0.94. The stock's fifty day moving average price is $103.68 and its 200-day moving average price is $106.16. CGI Group has a twelve month low of $92.85 and a twelve month high of $122.79. The stock has a market cap of $21.12 billion, a PE ratio of 17.52, a P/E/G ratio of 1.79 and a beta of 0.72.

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

CGI Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 19th. Stockholders of record on Friday, August 15th will be paid a $0.1086 dividend. This is a positive change from CGI Group's previous quarterly dividend of $0.11. The ex-dividend date of this dividend is Friday, August 15th. This represents a $0.43 dividend on an annualized basis and a dividend yield of 0.5%. CGI Group's payout ratio is presently 7.95%.

Hedge Funds Weigh In On CGI Group

Large investors have recently made changes to their positions in the stock. SVB Wealth LLC acquired a new position in CGI Group during the first quarter worth $25,000. Fifth Third Bancorp boosted its holdings in CGI Group by 239.5% during the 1st quarter. Fifth Third Bancorp now owns 258 shares of the technology company's stock valued at $26,000 after acquiring an additional 182 shares during the period. Caitong International Asset Management Co. Ltd grew its position in CGI Group by 292.6% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,005 shares of the technology company's stock valued at $100,000 after acquiring an additional 749 shares in the last quarter. Versant Capital Management Inc increased its stake in CGI Group by 371.7% during the first quarter. Versant Capital Management Inc now owns 1,052 shares of the technology company's stock worth $105,000 after purchasing an additional 829 shares during the period. Finally, GeoWealth Management LLC boosted its stake in shares of CGI Group by 80.4% in the fourth quarter. GeoWealth Management LLC now owns 1,299 shares of the technology company's stock valued at $142,000 after purchasing an additional 579 shares during the period. 66.68% of the stock is currently owned by institutional investors and hedge funds.

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.