FY2026 EPS Estimates for CGI Group Raised by Stifel Canada

CGI Group, Inc. (NYSE:GIB) (TSE:GIB.A) – Research analysts at Stifel Canada raised their FY2026 earnings estimates for shares of CGI Group in a research note issued to investors on Wednesday, November 5th. Stifel Canada analyst S. Sukumar now forecasts that the technology company will earn $6.48 per share for the year, up from their previous estimate of $6.47. The consensus estimate for CGI Group’s current full-year earnings is $5.79 per share. Stifel Canada also issued estimates for CGI Group’s FY2027 earnings at $6.89 EPS.

A number of other research firms have also weighed in on GIB. Royal Bank Of Canada decreased their price objective on CGI Group from $175.00 to $165.00 and set an “outperform” rating for the company in a report on Thursday. Weiss Ratings reissued a “hold (c)” rating on shares of CGI Group in a report on Wednesday, October 8th. UBS Group lowered their price objective on CGI Group from $112.00 to $105.00 and set a “neutral” rating on the stock in a research report on Thursday, July 31st. Finally, TD Securities raised shares of CGI Group to a “strong-buy” rating in a report on Friday, October 3rd. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $135.00.

CGI Group Trading Up 1.7%

NYSE GIB opened at $86.26 on Monday. CGI Group has a 1 year low of $84.24 and a 1 year high of $122.79. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.27 and a quick ratio of 0.94. The company has a market capitalization of $19.23 billion, a PE ratio of 15.94, a P/E/G ratio of 1.46 and a beta of 0.71. The company has a fifty day moving average of $90.41 and a 200 day moving average of $98.52.

CGI Group (NYSE:GIB) (TSE:GIB.A) last released its quarterly earnings data on Wednesday, November 5th. The technology company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.53 by $0.02. The business had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $4 billion. CGI Group had a net margin of 11.01% and a return on equity of 18.53%. The business’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.92 EPS.

CGI Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Friday, November 21st will be given a dividend of $0.17 per share. This is a boost from CGI Group’s previous quarterly dividend of $0.11. This represents a $0.68 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Friday, November 21st. CGI Group’s dividend payout ratio (DPR) is currently 9.13%.

Institutional Trading of CGI Group

Several institutional investors have recently modified their holdings of the stock. Royal Bank of Canada increased its stake in shares of CGI Group by 10.1% during the first quarter. Royal Bank of Canada now owns 8,151,753 shares of the technology company’s stock worth $813,792,000 after purchasing an additional 747,918 shares in the last quarter. Vanguard Group Inc. increased its stake in CGI Group by 1.2% during the 1st quarter. Vanguard Group Inc. now owns 8,037,045 shares of the technology company’s stock worth $802,338,000 after buying an additional 94,266 shares in the last quarter. Federation des caisses Desjardins du Quebec increased its stake in CGI Group by 22.5% during the 1st quarter. Federation des caisses Desjardins du Quebec now owns 4,933,984 shares of the technology company’s stock worth $491,725,000 after buying an additional 907,876 shares in the last quarter. Mackenzie Financial Corp raised its holdings in shares of CGI Group by 0.9% during the first quarter. Mackenzie Financial Corp now owns 4,755,285 shares of the technology company’s stock valued at $474,702,000 after acquiring an additional 41,631 shares during the last quarter. Finally, Fiera Capital Corp lifted its position in shares of CGI Group by 2.1% in the first quarter. Fiera Capital Corp now owns 4,380,743 shares of the technology company’s stock valued at $437,770,000 after acquiring an additional 89,458 shares in the last quarter. Institutional investors and hedge funds own 66.68% of the company’s stock.

About CGI Group

CGI Inc, together with its subsidiaries, provides information technology (IT) and business process services. Its services include the business and strategic IT consulting, systems integration, and software solutions. The company also provides application development, modernization and maintenance, holistic enterprise digitization, automation, hybrid and cloud management, and business process services; intellectual property-based solutions; business consulting; managed IT services; and IT infrastructure services.