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 1.30%. 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 declared that its Board of Directors has approved a share repurchase plan on Saturday, February 10th 2018, which authorizes the company to buyback 5,350,000 shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's leadership believes its stock is undervalued.

Cae Inc (NYSE:CAE) posted its quarterly earnings data on Wednesday, November, 13th. The aerospace company reported $0.28 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.19 by $0.09. The aerospace company earned $896.80 million during the quarter, compared to analysts' expectations of $850.51 million. CAE had a return on equity of 14.44% and a net margin of 9.41%. The business's quarterly revenue was up 20.6% compared to the same quarter last year. During the same period last year, the company earned $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 12 month price objectives 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 38.8% 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.

Press coverage about CAE stock has been trending somewhat positive on Wednesday, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CAE earned a coverage optimism score of 2.0 on InfoTrie's scale. They also assigned press coverage about the aerospace company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for CAE.

CAE saw a increase in short interest in 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 daily trading volume, of 213,100 shares, the short-interest ratio is currently 2.0 days. Currently, 0.2% of the company's stock are short sold. View CAE's Current Options Chain.

Some companies that are related to CAE include Energizer (ENR), Novanta (NOVT), Spectrum Brands (SPB), 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 Cisco Systems (CSCO), Brookfield Infrastructure Partners (BIP), Air Canada (AC), NVIDIA (NVDA), BCE (BCE), Alexco Resource (AXU), QUALCOMM (QCOM), Visa (V), Netflix (NFLX) and Boeing (BA).

CAE's stock is owned by many different 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 $25.75.

CAE has a market capitalization of $6.86 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]