Constellation Software Inc. (TSE:CSU) Plans Quarterly Dividend of $1.38

Constellation Software Inc. (TSE:CSU) announced a quarterly dividend on Friday, September 20th, Zacks reports. Investors of record on Thursday, October 10th will be paid a dividend of 1.381 per share on Thursday, October 10th. This represents a $5.52 dividend on an annualized basis and a yield of 0.13%. The ex-dividend date is Friday, September 20th. This is a positive change from Constellation Software’s previous quarterly dividend of $1.38.

Constellation Software Trading Up 0.3 %

Shares of CSU opened at C$4,326.60 on Wednesday. Constellation Software has a fifty-two week low of C$2,665.01 and a fifty-two week high of C$4,476.50. The company has a market capitalization of C$91.68 billion, a PE ratio of 104.07, a price-to-earnings-growth ratio of 1.04 and a beta of 0.81. The stock has a fifty day moving average of C$4,226.38 and a two-hundred day moving average of C$3,919.34. The company has a debt-to-equity ratio of 151.81, a quick ratio of 0.55 and a current ratio of 0.90.

Constellation Software (TSE:CSU) last released its earnings results on Friday, August 9th. The company reported C$31.00 earnings per share (EPS) for the quarter, topping the consensus estimate of C$29.71 by C$1.29. Constellation Software had a net margin of 7.00% and a return on equity of 15.93%. The business had revenue of C$3.38 billion for the quarter, compared to analysts’ expectations of C$3.40 billion. As a group, analysts forecast that Constellation Software will post 134.6 EPS for the current year.

Analyst Ratings Changes

CSU has been the topic of several research analyst reports. Royal Bank of Canada lifted their price objective on Constellation Software from C$4,300.00 to C$4,700.00 and gave the company an “outperform” rating in a research note on Monday, July 22nd. CIBC lifted their target price on Constellation Software from C$4,100.00 to C$4,850.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 28th. Finally, Raymond James upped their price target on shares of Constellation Software from C$3,800.00 to C$4,250.00 and gave the company a “market perform” rating in a report on Monday, August 12th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, Constellation Software currently has a consensus rating of “Moderate Buy” and an average price target of C$4,275.00.

Insider Activity at Constellation Software

In other Constellation Software news, Senior Officer John Edward Billowits sold 1,000 shares of the firm’s stock in a transaction dated Friday, June 21st. The shares were sold at an average price of C$3,768.39, for a total value of C$3,768,390.00. Insiders own 5.69% of the company’s stock.

Constellation Software Company Profile

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, Europe, and internationally. It provides mission critical software solutions for public and private sector markets. The company is also involved in the software licensing; and sale of third-party hardware.