Raymond James Financial Comments on CGI Group Q1 Earnings

CGI Group, Inc. (NYSE:GIBFree Report) (TSE:GIB.A) – Equities research analysts at Raymond James Financial issued their Q1 2026 EPS estimates for CGI Group in a research report issued on Wednesday, November 5th. Raymond James Financial analyst S. Li expects that the technology company will post earnings per share of $1.52 for the quarter. The consensus estimate for CGI Group’s current full-year earnings is $5.79 per share. Raymond James Financial also issued estimates for CGI Group’s Q2 2026 earnings at $1.61 EPS, Q3 2026 earnings at $1.61 EPS, Q4 2026 earnings at $1.59 EPS and FY2026 earnings at $6.31 EPS.

CGI Group (NYSE:GIBGet Free Report) (TSE:GIB.A) last issued its quarterly earnings data on Wednesday, November 5th. The technology company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.02. The firm had revenue of $2.88 billion during the quarter, compared to analysts’ expectations of $4 billion. CGI Group had a return on equity of 18.53% and a net margin of 11.01%.CGI Group’s revenue was up 9.7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.92 earnings per share.

GIB has been the subject of several other research reports. Weiss Ratings reissued a “hold (c)” rating on shares of CGI Group in a research note on Wednesday, October 8th. Royal Bank Of Canada decreased their target price on shares of CGI Group from $175.00 to $165.00 and set an “outperform” rating on the stock in a research report on Thursday. UBS Group cut their price target on CGI Group from $112.00 to $105.00 and set a “neutral” rating for the company in a report on Thursday, July 31st. Finally, TD Securities upgraded CGI Group to a “strong-buy” rating in a report on Friday, October 3rd. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $135.00.

Check Out Our Latest Report on CGI Group

CGI Group Price Performance

NYSE:GIB traded up $0.60 during mid-day trading on Friday, hitting $85.41. 50,886 shares of the company’s stock traded hands, compared to its average volume of 295,154. CGI Group has a 1 year low of $84.24 and a 1 year high of $122.79. The company has a market cap of $19.04 billion, a PE ratio of 15.79, a price-to-earnings-growth ratio of 1.46 and a beta of 0.71. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.94 and a current ratio of 1.27. The firm’s 50 day simple moving average is $90.63 and its 200 day simple moving average is $98.74.

Institutional Trading of CGI Group

A number of institutional investors and hedge funds have recently made changes to their positions in GIB. Principal Financial Group Inc. grew its position in CGI Group by 0.9% during the first quarter. Principal Financial Group Inc. now owns 55,151 shares of the technology company’s stock valued at $5,505,000 after acquiring an additional 500 shares during the period. Cerity Partners LLC increased its position in CGI Group by 129.6% during the 1st quarter. Cerity Partners LLC now owns 26,230 shares of the technology company’s stock worth $2,619,000 after purchasing an additional 14,806 shares in the last quarter. MQS Management LLC purchased a new position in CGI Group in the first quarter valued at approximately $608,000. Massachusetts Financial Services Co. MA grew its stake in CGI Group by 7.1% during the first quarter. Massachusetts Financial Services Co. MA now owns 2,028,147 shares of the technology company’s stock worth $202,470,000 after buying an additional 133,750 shares during the period. Finally, Creekmur Asset Management LLC raised its position in CGI Group by 7,051.9% in the first quarter. Creekmur Asset Management LLC now owns 1,931 shares of the technology company’s stock valued at $193,000 after purchasing an additional 1,904 shares during the period. 66.68% of the stock is currently owned by institutional investors and hedge funds.

CGI Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Friday, November 21st will be issued a $0.17 dividend. This is a boost from CGI Group’s previous quarterly dividend of $0.11. The ex-dividend date is Friday, November 21st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.8%. CGI Group’s dividend payout ratio (DPR) is 7.95%.

CGI Group Company Profile

(Get Free Report)

CGI Inc, together with its subsidiaries, provides information technology (IT) and business process services. Its services include the business and strategic IT consulting, systems integration, and software solutions. The company also provides application development, modernization and maintenance, holistic enterprise digitization, automation, hybrid and cloud management, and business process services; intellectual property-based solutions; business consulting; managed IT services; and IT infrastructure services.

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Earnings History and Estimates for CGI Group (NYSE:GIB)

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