What is Cormark’s Forecast for Calian Group FY2025 Earnings?

Calian Group Ltd. (TSE:CGY) – Analysts at Cormark boosted their FY2025 earnings estimates for Calian Group in a report issued on Wednesday, November 27th. Cormark analyst J. Pytlak now expects that the company will earn $5.40 per share for the year, up from their prior forecast of $5.15. The consensus estimate for Calian Group’s current full-year earnings is $4.95 per share.

CGY has been the subject of several other research reports. CIBC cut their price objective on Calian Group from C$76.00 to C$63.00 in a report on Friday, August 9th. Royal Bank of Canada reduced their price target on shares of Calian Group from C$75.00 to C$65.00 in a research report on Friday, August 9th. Ventum Financial dropped their price objective on shares of Calian Group from C$70.00 to C$68.00 in a report on Wednesday, November 27th. Finally, Acumen Capital reduced their target price on shares of Calian Group from C$75.00 to C$70.00 in a report on Wednesday, November 27th. Six research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Calian Group currently has a consensus rating of “Buy” and an average price target of C$72.29.

Calian Group Price Performance

Shares of CGY opened at C$50.52 on Monday. The firm has a fifty day simple moving average of C$48.68 and a two-hundred day simple moving average of C$50.75. The firm has a market cap of C$598.66 million, a PE ratio of 35.58, a P/E/G ratio of 2.50 and a beta of 0.88. The company has a current ratio of 1.38, a quick ratio of 1.20 and a debt-to-equity ratio of 39.88. Calian Group has a 1-year low of C$42.88 and a 1-year high of C$61.24.

Calian Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 23rd will be issued a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 2.22%. The ex-dividend date is Monday, December 9th. Calian Group’s dividend payout ratio is currently 78.87%.

About Calian Group

Calian Group Ltd. provides business services and solutions in Canada and internationally. It operates through four segment: Advanced Technologies, Health, Learning, and IT and Cyber Solutions (ITCS). The company offers systems engineering, software development, integration design, embedded design, operational management and lifecycle support, modelling and simulation-enabled design, and research & development solutions and services; environmental and radiation protection, decommissioning and waste management, regulatory affairs and licensing, and emergency preparedness and training services; and sophisticated communication systems for the satellite industry, such as antennas, RF systems, decimator RF spectrum analyzers, in-orbit test systems, software defined solutions, operations and teleport services, transmitters, receivers, and modems.