Cormark Brokers Increase Earnings Estimates for Altus Group

Altus Group Limited (TSE:AIF) – Analysts at Cormark increased their Q3 2026 earnings per share estimates for Altus Group in a report issued on Wednesday, August 13th. Cormark analyst G. Fairweather now forecasts that the company will post earnings of $0.58 per share for the quarter, up from their previous estimate of $0.57. The consensus estimate for Altus Group’s current full-year earnings is $1.73 per share. Cormark also issued estimates for Altus Group’s Q4 2026 earnings at $0.76 EPS and FY2026 earnings at $2.40 EPS.

Several other equities analysts have also recently issued reports on the company. National Bankshares raised Altus Group from a “sector perform” rating to an “outperform” rating and lifted their price objective for the stock from C$60.00 to C$74.00 in a report on Wednesday. BMO Capital Markets lifted their price objective on Altus Group from C$60.00 to C$62.00 in a report on Thursday, May 22nd. Scotiabank raised their price target on Altus Group from C$52.00 to C$53.00 and gave the stock a “sector perform” rating in a research report on Friday, August 8th. Royal Bank Of Canada dropped their price target on Altus Group from C$62.00 to C$58.00 and set a “sector perform” rating for the company in a research report on Tuesday, April 22nd. Finally, National Bank Financial raised Altus Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. Three investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Altus Group presently has an average rating of “Moderate Buy” and an average target price of C$60.20.

Altus Group Stock Performance

Shares of AIF stock opened at C$61.17 on Thursday. The stock has a fifty day moving average price of C$54.63 and a 200 day moving average price of C$53.74. The stock has a market cap of C$2.85 billion, a PE ratio of 1,070.36, a P/E/G ratio of 0.96 and a beta of 0.82. Altus Group has a 1 year low of C$46.36 and a 1 year high of C$62.00. The company has a debt-to-equity ratio of 55.91, a quick ratio of 1.30 and a current ratio of 2.09.

Altus Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.0%. Altus Group’s payout ratio is 1,049.89%.

Insider Buying and Selling at Altus Group

In other news, Director Anthony Long sold 3,000 shares of Altus Group stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of C$56.16, for a total value of C$168,468.00. Also, Senior Officer Kimberly Carter sold 725 shares of Altus Group stock in a transaction on Wednesday, May 28th. The shares were sold at an average price of C$55.00, for a total value of C$39,875.00. Company insiders own 4.05% of the company’s stock.

Altus Group Company Profile

Altus Group Ltd operates in the Canadian real estate sector. Its services can be summed up as advisory services, software and data solutions to the property and real estate industry. The company has three reportable segments namely Altus Analytics, Commercial Real Estate Consulting, and Geomatics. It generates maximum revenue from the Commercial Real Estate Consulting segment.