Calian Group Ltd. (TSE:CGY) to Issue $0.28 Quarterly Dividend

Calian Group Ltd. (TSE:CGY) declared a quarterly dividend on Wednesday, May 27th, TickerTech Dividends reports. Investors of record on Wednesday, June 10th will be paid a dividend of 0.28 per share on Wednesday, June 10th. This represents a c) dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Wednesday, May 27th.

Calian Group Price Performance

Shares of TSE CGY opened at C$83.44 on Monday. The stock has a market cap of C$952.13 million, a P/E ratio of 29.28, a P/E/G ratio of 2.50 and a beta of 0.92. The firm has a 50 day moving average price of C$74.06 and a 200 day moving average price of C$66.08. The company has a debt-to-equity ratio of 63.54, a quick ratio of 1.20 and a current ratio of 1.51. Calian Group has a 52-week low of C$37.70 and a 52-week high of C$85.16.

Calian Group (TSE:CGY) last issued its quarterly earnings data on Thursday, May 14th. The company reported C$1.30 earnings per share (EPS) for the quarter. The firm had revenue of C$228.70 million during the quarter. Calian Group had a net margin of 3.97% and a return on equity of 10.35%. Analysts expect that Calian Group will post 4.9475219 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on CGY shares. Royal Bank Of Canada upped their price target on shares of Calian Group from C$78.00 to C$90.00 and gave the company an “outperform” rating in a report on Friday, May 15th. Ventum Financial upped their price target on shares of Calian Group from C$84.00 to C$94.00 and gave the company a “buy” rating in a report on Tuesday, March 10th. Canaccord Genuity Group upped their price target on shares of Calian Group from C$63.00 to C$80.00 in a report on Friday, February 13th. Stifel Nicolaus set a C$100.00 price target on shares of Calian Group and gave the company a “buy” rating in a report on Wednesday, May 20th. Finally, Acumen Capital upped their price target on shares of Calian Group from C$70.00 to C$85.00 and gave the company a “buy” rating in a report on Friday, February 13th. Eight equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Calian Group currently has an average rating of “Buy” and an average price target of C$87.94.

Calian Group Company Profile

Calian Group Ltd operates through four segments namely Advanced Technologies, Health, Learning, and Information Technology. It generates maximum revenue from the Health segment. The company serves health, defence, security, aerospace, engineering, AgTech, and IT industries. Its Health segment includes Clinical Services; Nursing Services; Psychological Services and Medical Property Management. The Advanced Technologies segment includes Engineering Solutions and Services; Nuclear and Environmental Services; Satcom; DOCSIS; Electronics Design and Manufacturing and Agricultural Technology.