Calian Group Ltd. (CGY) to Distribute Quarterly Dividend of $0.28 on September 9th

Calian Group Ltd. (TSE:CGY) announced a quarterly dividend on Wednesday, August 26th, TickerTech Dividends reports. Stockholders of record on Wednesday, September 9th will be paid a dividend of 0.28 per share on Wednesday, September 9th. This represents a c) dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Wednesday, August 26th.

Calian Group Price Performance

Shares of TSE CGY opened at C$76.56 on Monday. The company has a current ratio of 1.61, a quick ratio of 1.20 and a debt-to-equity ratio of 54.28. The business has a 50-day moving average of C$81.07 and a 200-day moving average of C$78.01. The firm has a market capitalization of C$881.36 million, a price-to-earnings ratio of 23.20, a PEG ratio of 2.50 and a beta of 0.96. Calian Group has a 12 month low of C$44.89 and a 12 month high of C$95.50.

Calian Group (TSE:CGY) last announced its earnings results on Thursday, August 13th. The company reported C$1.10 earnings per share for the quarter. The business had revenue of C$230.40 million for the quarter. Calian Group had a net margin of 4.41% and a return on equity of 11.67%. Sell-side analysts expect that Calian Group will post 4.9475219 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Stifel Nicolaus set a C$100.00 target price on Calian Group and gave the company a “buy” rating in a research note on Wednesday, May 20th. Ventum Financial raised their price target on Calian Group from C$100.00 to C$106.00 and gave the stock a “buy” rating in a research note on Friday, August 14th. Canaccord Genuity Group lifted their price target on shares of Calian Group from C$103.00 to C$105.00 and gave the company a “buy” rating in a report on Monday, June 29th. ATB Cormark Capital Markets boosted their price objective on shares of Calian Group from C$92.50 to C$98.50 and gave the company an “outperform” rating in a research report on Tuesday, May 19th. Finally, Ventum upped their price objective on shares of Calian Group from C$94.00 to C$100.00 and gave the stock a “buy” rating in a report on Monday, June 15th. Nine equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of C$101.72.

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.