Calian Group Ltd. (TSE:CGY) to Issue $0.28 Quarterly Dividend

Calian Group Ltd. (TSE:CGY) announced a quarterly dividend on Wednesday, February 25th, TickerTech Dividends reports. Investors of record on Wednesday, March 11th will be given a dividend of 0.28 per share on Wednesday, March 11th. This represents a c) annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Wednesday, February 25th.

Calian Group Price Performance

Calian Group stock opened at C$74.21 on Monday. Calian Group has a 1 year low of C$37.70 and a 1 year high of C$79.50. The company has a debt-to-equity ratio of 39.54, a quick ratio of 1.20 and a current ratio of 1.29. The firm has a 50 day moving average price of C$61.86 and a 200 day moving average price of C$55.00. The company has a market cap of C$846.81 million, a price-to-earnings ratio of 32.55, a PEG ratio of 2.50 and a beta of 0.70.

Calian Group (TSE:CGY) last announced its quarterly earnings results on Thursday, February 12th. The company reported C$1.03 earnings per share for the quarter. The company had revenue of C$208.00 million for the quarter. Calian Group had a net margin of 1.50% and a return on equity of 3.37%. Sell-side analysts predict that Calian Group will post 4.9475219 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on CGY shares. Ventum Financial boosted their price target on Calian Group from C$72.00 to C$82.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Acumen Capital lifted their price objective on Calian Group from C$70.00 to C$85.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Royal Bank Of Canada boosted their target price on Calian Group from C$58.00 to C$60.00 and gave the stock an “outperform” rating in a report on Friday, February 13th. Canadian Imperial Bank of Commerce raised their price target on shares of Calian Group from C$65.00 to C$76.00 in a report on Friday, February 13th. Finally, Canaccord Genuity Group lifted their price target on shares of Calian Group from C$63.00 to C$80.00 in a research report on Friday, February 13th. Six investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of C$74.83.

Calian Group Company Profile

Calian Group Ltd operates through four segments namely Advanced Technologies, Health, Learning, and Information Technology. It generates maximum revenue from the Health segment. The company serves health, defence, security, aerospace, engineering, AgTech, and IT industries. Its Health segment includes Clinical Services; Nursing Services; Psychological Services and Medical Property Management. The Advanced Technologies segment includes Engineering Solutions and Services; Nuclear and Environmental Services; Satcom; DOCSIS; Electronics Design and Manufacturing and Agricultural Technology.