Computer Modelling Group - CMG Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Computer Modelling Group in the last year. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CMG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CMG, but not buy additional shares or sell existing shares.
View CMG analyst ratings or view top-rated stocks.

2 Wall Street analysts have issued 12-month target prices for Computer Modelling Group's stock. Their CMG share price forecasts range from C$5.00 to C$6.00. On average, they anticipate the company's share price to reach C$5.67 in the next year. This suggests that the stock has a possible downside of 14.8%.
View analysts price targets for CMG or view top-rated stocks among Wall Street analysts.

Computer Modelling Group's stock was trading at C$5.83 at the beginning of 2023. Since then, CMG shares have increased by 14.1% and is now trading at C$6.65.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
View our CMG earnings forecast.

Computer Modelling Group Ltd. (TSE:CMG) announced its earnings results on Thursday, November, 10th. The company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.01. The business had revenue of $18.08 million for the quarter, compared to analyst estimates of $16.40 million.

Computer Modelling Group announced a quarterly dividend on Tuesday, December 6th. Stockholders of record on Thursday, December 15th will be given a dividend of 0.05 per share on Thursday, December 15th. This represents a $0.20 annualized dividend and a yield of 3.01%. The ex-dividend date is Tuesday, December 6th.
Read our dividend analysis for CMG.

Computer Modelling Group (TSE:CMG) pays an annual dividend of C$0.20 per share and currently has a dividend yield of 3.34%. The dividend payout ratio is 86.96%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for CMG.

Based on aggregate information from My MarketBeat watchlists, some companies that other Computer Modelling Group investors own include TELUS (T), BCE (BCE), Bank of Nova Scotia (BNS), Canadian Western Bank (CWB), NovelStem International (HOLL), (KOG) (KOG), Netflix (NFLX), Royal Bank of Canada (RY), Vaccinex (VCNX) and Whiting USA Trust II (WHZT).

Computer Modelling Group trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CMG."

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One share of CMG stock can currently be purchased for approximately C$6.65.

Computer Modelling Group (TSE:CMG) has a market capitalization of C$535.36 million and generates C$70.03 million in revenue each year.

The company employs 178 workers across the globe.

Computer Modelling Group's mailing address is 3710 33 St NW, CALGARY, AB T2L 2M1, Canada. The official website for the company is www.cmgl.ca. The company can be reached via phone at +1-403-5311300.