Constellation Software Inc. (TSE:CSU) announced a quarterly dividend on Friday, December 13th, TickerTech reports. Investors of record on Wednesday, January 8th will be paid a dividend of 1.00 per share on Wednesday, January 8th. This represents a $4.00 dividend on an annualized basis and a yield of 0.31%. The ex-dividend date is Friday, December 13th.
Shares of Constellation Software stock traded down C$1.92 during mid-day trading on Thursday, hitting C$1,276.88. 57,453 shares of the stock were exchanged, compared to its average volume of 43,198. Constellation Software has a twelve month low of C$814.32 and a twelve month high of C$1,440.86. The stock has a market capitalization of $27.10 billion and a price-to-earnings ratio of 64.38. The company has a 50-day simple moving average of C$1,336.52 and a 200 day simple moving average of C$1,279.20. The company has a current ratio of 0.58, a quick ratio of 0.50 and a debt-to-equity ratio of 112.56.
Constellation Software (TSE:CSU) last released its quarterly earnings results on Thursday, October 31st. The company reported C$9.59 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$10.17 by C($0.58). The business had revenue of C$1.15 billion for the quarter, compared to the consensus estimate of C$1.15 billion. Equities research analysts forecast that Constellation Software will post 36.0600032 earnings per share for the current fiscal year.
Several equities research analysts have issued reports on CSU shares. CIBC raised their price target on shares of Constellation Software from C$1,350.00 to C$1,550.00 in a research note on Tuesday, October 29th. Raymond James reaffirmed a “market perform” rating and set a C$1,250.00 price target on shares of Constellation Software in a research note on Friday, November 1st. National Bank Financial reaffirmed a “sector perform under weight” rating on shares of Constellation Software in a research note on Monday, November 4th. Finally, Royal Bank of Canada raised their price target on shares of Constellation Software from C$1,450.00 to C$1,500.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st. Two research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of C$1,420.00.
About Constellation Software
Constellation Software Inc, together with its subsidiaries, engages in the development, installation, and customization of software to various markets in the United States, Canada, the United Kingdom, Europe, and internationally. It operates through two segments, Public Sector and Private Sector. The Public Sector segment develops and distributes software solutions primarily to government and government-related customers.
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