Altus Group Ltd (AIF) Scheduled to Post Earnings on Thursday
Altus Group Ltd (TSE:AIF) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, November 2nd. Analysts expect Altus Group to post earnings of C$0.33 per share for the quarter.
Altus Group Ltd (TSE AIF) opened at 34.60 on Thursday. Altus Group Ltd has a 12 month low of $25.25 and a 12 month high of $34.87. The stock’s 50 day moving average price is $32.41 and its 200-day moving average price is $30.42. The stock has a market cap of $1.33 billion and a price-to-earnings ratio of 11.95.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Investors of record on Saturday, September 30th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date was Thursday, September 28th.
AIF has been the topic of a number of recent analyst reports. Canaccord Genuity upped their price objective on Altus Group from C$34.00 to C$36.00 in a report on Thursday, August 3rd. TD Securities upped their price objective on Altus Group from C$35.00 to C$36.00 and gave the stock a “buy” rating in a report on Thursday, August 3rd. CIBC lowered Altus Group from an “outperform” rating to a “neutral” rating in a report on Thursday, August 3rd. Finally, Royal Bank Of Canada raised Altus Group from a “sector perform” rating to an “outperform” rating and upped their price objective for the stock from C$33.00 to C$36.00 in a report on Thursday, August 3rd.
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In related news, insider Edward Charles Orlik sold 2,500 shares of the company’s stock in a transaction on Monday, August 21st. The stock was sold at an average price of C$31.88, for a total transaction of C$79,700.00.
About Altus Group
Altus Group Ltd provides independent advisory services, software and data solutions. The Company’s segments include Property Tax Consulting (Property Tax); Research, Valuation & Advisory (RVA); ARGUS Software; Geomatics, and Cost Consulting & Project Management (Cost). The Property Tax segment performs property tax assessment reviews and appeals, and assists with property tax compliance filings.
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