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TSE:AIF

Altus Group (AIF) Stock Price, News & Analysis

Altus Group logo
C$52.68
-0.91 (-1.70%)
(As of 10/31/2024 ET)

About Altus Group Stock (TSE:AIF)

Key Stats

Today's Range
C$52.54
C$53.60
50-Day Range
C$50.49
C$55.35
52-Week Range
C$35.29
C$59.60
Volume
39,487 shs
Average Volume
70,536 shs
Market Capitalization
C$2.43 billion
P/E Ratio
878.00
Dividend Yield
1.14%
Price Target
C$56.33
Consensus Rating
Hold

Company Overview

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. The Property Tax segment includes expert services and technology for property tax management, which include conducting property tax assessment reviews for commercial properties. The Appraisals and Development Advisory segments include services in the field of commercial property valuation appraisals, such as valuation appraisals of properties for transactional purposes, due diligence and litigation support, and economic consulting; and commercial development advisory services in the areas of construction feasibility studies, budgeting, cost and loan monitoring, and project management. It operates in Canada, the United Kingdom, France, Germany, Australia, the United States, Australia, Europe, the Middle East, Africa, and Asia Pacific. Altus Group Limited was founded in 2005 and is headquartered in Toronto, Canada.

Altus Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
14th Percentile Overall Score

AIF MarketRank™: 

Altus Group scored higher than 14% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Altus Group has received a consensus rating of Hold. The company's average rating score is 2.22, and is based on 2 buy ratings, 7 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Altus Group has only been the subject of 3 research reports in the past 90 days.

  • Read more about Altus Group's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Altus Group is 878.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 133.70.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Altus Group is 878.00, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 271.46.

  • Price to Earnings Growth Ratio

    Altus Group has a PEG Ratio of 0.96. PEG Ratios around 1 indicate that a company is correctly valued.

  • Price to Book Value per Share Ratio

    Altus Group has a P/B Ratio of 3.92. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Altus Group's valuation and earnings.
  • Short Interest

    There is no current short interest data available for AIF.
  • Dividend Yield

    Altus Group pays a meaningful dividend of 1.10%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Altus Group does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Altus Group is 1,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Altus Group's dividend.
  • Short Interest

    There is no current short interest data available for AIF.
  • News Sentiment

    Altus Group has a news sentiment score of 0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Real Estate companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Altus Group this week, compared to 1 article on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Altus Group insiders have sold 3,885.47% more of their company's stock than they have bought. Specifically, they have bought C$27,240.00 in company stock and sold C$1,085,641.00 in company stock.

  • Percentage Held by Insiders

    Only 4.05% of the stock of Altus Group is held by insiders.

  • Percentage Held by Institutions

    58.73% of the stock of Altus Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Altus Group's insider trading history.
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AIF Stock News Headlines

Altus Group Limited (TSE:AIF) Given Average Rating of "Hold" by Analysts
Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
See More Headlines

AIF Stock Analysis - Frequently Asked Questions

Altus Group's stock was trading at C$42.14 at the beginning of the year. Since then, AIF stock has increased by 25.0% and is now trading at C$52.68.
View the best growth stocks for 2024 here
.

Altus Group Limited (TSE:AIF) released its quarterly earnings results on Thursday, August, 8th. The company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.23. The company earned $206.71 million during the quarter, compared to analysts' expectations of $132.50 million. Altus Group had a net margin of 0.37% and a trailing twelve-month return on equity of 0.48%.

Shares of AIF stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Altus Group investors own include Shopify (SHOP), NVIDIA (NVDA), Arista Networks (ANET), Enbridge (ENB), NextEra Energy Partners (NEP), PayPal (PYPL) and ASML (ASML).

Company Calendar

Last Earnings
8/08/2024
Ex-Dividend for 10/15 Dividend
9/27/2024
Dividend Payable
10/15/2024
Today
10/31/2024
Next Earnings (Confirmed)
11/07/2024

Industry, Sector and Symbol

Industry
Real Estate Services
Sub-Industry
N/A
Previous Symbol
TSE:AIF.UN
CIK
N/A
Fax
N/A
Employees
2,900
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$56.33
High Stock Price Target
C$63.00
Low Stock Price Target
C$51.00
Potential Upside/Downside
+6.9%
Consensus Rating
Hold
Rating Score (0-4)
2.22
Research Coverage
9 Analysts

Profitability

Net Income
C$2.92 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$783.05 million
Cash Flow
C$1.06 per share
Book Value
C$13.43 per share

Miscellaneous

Free Float
N/A
Market Cap
C$2.43 billion
Optionable
Not Optionable
Beta
0.82
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This page (TSE:AIF) was last updated on 10/31/2024 by MarketBeat.com Staff
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