NYSE:CAE - CAE Stock Price, Forecast & News

CAE trades on the New York Stock Exchange (NYSE) under the ticker symbol "CAE."

CAE announced a quarterly dividend on Wednesday, November 13th. Investors of record on Friday, December 13th will be given a dividend of $0.084 per share on Tuesday, December 31st. This represents a $0.34 annualized dividend and a dividend yield of 1.29%. The ex-dividend date is Thursday, December 12th. This is a positive change from CAE's previous quarterly dividend of $0.08. View CAE's Dividend History.

CAE announced that its board has initiated a share repurchase program on Saturday, February 10th 2018, which authorizes the company to repurchase 5,350,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its stock is undervalued.

Cae Inc (NYSE:CAE) issued its earnings results on Wednesday, November, 13th. The aerospace company reported $0.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $0.09. The aerospace company had revenue of $896.80 million for the quarter, compared to the consensus estimate of $850.51 million. CAE had a net margin of 9.41% and a return on equity of 14.44%. The firm's revenue for the quarter was up 20.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.23 earnings per share. View CAE's Earnings History.

CAE is scheduled to release their next quarterly earnings announcement on Friday, February 14th 2020. View Earnings Estimates for CAE.

7 brokerages have issued twelve-month target prices for CAE's stock. Their forecasts range from $33.00 to $38.00. On average, they anticipate CAE's stock price to reach $35.75 in the next year. This suggests a possible upside of 37.2% from the stock's current price. View Analyst Price Targets for CAE.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CAE in the last year. There are currently 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CAE.

Headlines about CAE stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. CAE earned a coverage optimism score of 2.0 on InfoTrie's scale. They also assigned news stories about the aerospace company a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an effect on the stock's share price in the next several days. View News Stories for CAE.

CAE saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 434,200 shares, an increase of 14.5% from the September 30th total of 379,300 shares. Based on an average trading volume of 213,100 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.2% of the company's stock are sold short. View CAE's Current Options Chain.

Some companies that are related to CAE include Energizer (ENR), Spectrum Brands (SPB), Novanta (NOVT), Integer (ITGR), Atkore International Group (ATKR), Ultralife (ULBI), FuelCell Energy (FCEL), Arotech (ARTX), Highpower International (HPJ), CBAK Energy Technology (CBAT), Flux Power (FLUX), Sono-Tek (SOTK), Polar Power (POLA), Security Devices International (SDEV) and mPhase Technologies (XDSL).

Based on aggregate information from My MarketBeat watchlists, some companies that other CAE investors own include Brookfield Infrastructure Partners (BIP), Air Canada (AC), Cisco Systems (CSCO), Alexco Resource (AXU), NVIDIA (NVDA), BCE (BCE), QUALCOMM (QCOM), Visa (V), Netflix (NFLX) and Boeing (BA).

CAE's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include USS Investment Management Ltd (2.27%), Mondrian Investment Partners LTD (1.13%), Letko Brosseau & Associates Inc. (0.90%), Sumitomo Mitsui Trust Holdings Inc. (0.54%), Nexus Investment Management Inc. (0.31%) and Sandler Capital Management (0.31%).

CAE stock was sold by a variety of institutional investors in the last quarter, including Alberta Investment Management Corp, Russell Investments Group Ltd., Assenagon Asset Management S.A., Man Group plc, Nexus Investment Management Inc., Letko Brosseau & Associates Inc., Hexavest Inc. and Mondrian Investment Partners LTD.

CAE stock was acquired by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Sandler Capital Management, Millennium Management LLC, Asset Advisors Investment Management LLC, Voloridge Investment Management LLC, Sumitomo Mitsui Trust Holdings Inc., Parametric Portfolio Associates LLC and USS Investment Management Ltd.

Shares of CAE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of CAE stock can currently be purchased for approximately $26.06.

CAE has a market capitalization of $6.94 billion and generates $2.52 billion in revenue each year. The aerospace company earns $251.46 million in net income (profit) each year or $0.95 on an earnings per share basis. CAE employs 2,600 workers across the globe.View Additional Information About CAE.

The official website for CAE is http://www.cae.com/.

CAE's mailing address is 8585 COTE DE LIESSE, ST-LAURENT A8, H4T 1G6. The aerospace company can be reached via phone at 514-341-6780 or via email at [email protected]