Cormark Issues Optimistic Forecast for Altus Group Earnings

Altus Group Limited (TSE:AIF) – Cormark upped their Q3 2026 earnings estimates for Altus Group in a research note issued to investors on Friday, November 7th. Cormark analyst G. Fairweather now anticipates that the company will earn $0.61 per share for the quarter, up from their previous forecast of $0.58. 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 $0.80 EPS.

AIF has been the subject of a number of other reports. National Bank Financial raised Altus Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 12th. Scotiabank decreased their target price on Altus Group from C$63.00 to C$56.00 in a research report on Monday. TD Securities cut their price target on shares of Altus Group from C$70.00 to C$67.00 and set a “buy” rating on the stock in a research report on Friday, November 7th. National Bankshares lowered shares of Altus Group from an “outperform” rating to a “sector perform” rating and reduced their price objective for the stock from C$74.00 to C$52.00 in a research note on Friday, November 7th. Finally, CIBC decreased their price objective on shares of Altus Group from C$63.00 to C$54.00 and set a “neutral” rating for the company in a report on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$56.83.

Altus Group Stock Performance

Shares of Altus Group stock opened at C$50.18 on Monday. The firm has a fifty day moving average of C$58.25 and a two-hundred day moving average of C$56.28. The company has a debt-to-equity ratio of 55.91, a quick ratio of 1.30 and a current ratio of 2.09. The stock has a market capitalization of C$2.17 billion, a price-to-earnings ratio of 5.61, a PEG ratio of 0.96 and a beta of 0.68. Altus Group has a 52 week low of C$43.84 and a 52 week high of C$63.07.

Altus Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Wednesday, October 15th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, September 29th. This represents a $0.60 dividend on an annualized basis and a yield of 1.2%. Altus Group’s dividend payout ratio is 6.71%.

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.