Altus Group (AIF) Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Altus Group in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AIF shares.
View AIF analyst ratings or view top-rated stocks.

6 analysts have issued 12 month price objectives for Altus Group's shares. Their AIF share price forecasts range from C$55.00 to C$73.00. On average, they expect the company's share price to reach C$64.80 in the next year. This suggests a possible upside of 28.8% from the stock's current price.
View analysts price targets for AIF or view top-rated stocks among Wall Street analysts.

Altus Group's stock was trading at C$54.04 at the beginning of 2023. Since then, AIF stock has decreased by 6.9% and is now trading at C$50.31.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our AIF earnings forecast.

Altus Group Limited (TSE:AIF) issued its quarterly earnings data on Thursday, August, 10th. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.07. The company earned $205.21 million during the quarter, compared to analyst estimates of $192.55 million. Altus Group had a net margin of 0.99% and a trailing twelve-month return on equity of 1.29%.

Altus Group announced a quarterly dividend on Thursday, August 10th. Stockholders of record on Saturday, September 30th will be paid a dividend of 0.15 per share on Monday, October 16th. This represents a $0.60 annualized dividend and a dividend yield of 1.19%. The ex-dividend date is Thursday, September 28th.
Read our dividend analysis for AIF.

Altus Group (TSE:AIF) pays an annual dividend of C$0.60 per share and currently has a dividend yield of 1.15%. The dividend payout ratio is 352.94%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for AIF.

Based on aggregate information from My MarketBeat watchlists, some companies that other Altus Group investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Gran Tierra Energy (GTE), Shopify (SHOP), UMB Financial (UMBF), Aurora Cannabis (ACB), Air Canada (AC), AutoZone (AZO) and Black Diamond Group (BDI).

Altus Group trades on the Toronto Stock Exchange (TSX) under the ticker symbol "AIF."

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.
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One share of AIF stock can currently be purchased for approximately C$50.31.

Altus Group (TSE:AIF) has a market capitalization of C$2.29 billion and generates C$757.49 million in revenue each year. The company earns C$7.51 million in net income (profit) each year or C$0.17 on an earnings per share basis.

The company employs 2,900 workers across the globe.

Altus Group's mailing address is 33 Yonge St Suite 500, TORONTO, ON M5E 1G4, Canada. The official website for the company is www.altusgroup.com. The company can be reached via phone at +1-416-6419500.