Calian Group Ltd. Announces Quarterly Dividend of $0.28 (TSE:CGY)

Calian Group Ltd. (TSE:CGY) declared a quarterly dividend on Wednesday, February 25th, TickerTech Dividends reports. Shareholders of record on Wednesday, March 11th will be paid a dividend of 0.28 per share on Wednesday, March 11th. This represents a c) dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Wednesday, February 25th.

Calian Group Stock Down 3.6%

Shares of TSE CGY opened at C$74.21 on Monday. The company has a current ratio of 1.29, a quick ratio of 1.20 and a debt-to-equity ratio of 39.54. Calian Group has a 12 month low of C$37.70 and a 12 month high of C$79.50. The firm has a market capitalization of C$846.81 million, a PE ratio of 32.55, a price-to-earnings-growth ratio of 2.50 and a beta of 0.70. The firm has a fifty day simple moving average of C$61.86 and a two-hundred day simple moving average of C$55.00.

Calian Group (TSE:CGY) last announced its quarterly earnings results on Thursday, February 12th. The company reported C$1.03 earnings per share (EPS) for the quarter. Calian Group had a net margin of 1.50% and a return on equity of 3.37%. The company had revenue of C$208.00 million for the quarter. Equities analysts expect that Calian Group will post 4.9475219 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have weighed in on CGY. Desjardins upped their target price on Calian Group from C$59.00 to C$66.00 and gave the stock a “buy” rating in a report on Thursday, November 27th. Ventum Financial upped their price target on Calian Group from C$72.00 to C$82.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Canaccord Genuity Group increased their price objective on Calian Group from C$63.00 to C$80.00 in a report on Friday, February 13th. Canadian Imperial Bank of Commerce boosted their target price on shares of Calian Group from C$65.00 to C$76.00 in a report on Friday, February 13th. Finally, Royal Bank Of Canada upped their target price on shares of Calian Group from C$58.00 to C$60.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. Six investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Calian Group presently has a consensus rating of “Buy” and an average price target of C$74.83.

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.