Shares of Constellation Software Inc. (TSE:CSU – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the seven ratings firms that are covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is C$4,187.14.
CSU has been the subject of a number of research analyst reports. Raymond James Financial dropped their target price on shares of Constellation Software from C$4,300.00 to C$3,700.00 and set a “market perform” rating for the company in a research note on Tuesday, March 10th. National Bank Financial increased their price target on shares of Constellation Software from C$3,200.00 to C$3,400.00 and gave the company a “sector perform” rating in a research note on Tuesday, March 10th. Royal Bank Of Canada lowered their price target on shares of Constellation Software from C$5,600.00 to C$4,800.00 and set an “outperform” rating for the company in a report on Monday, January 26th. TD Securities boosted their price objective on shares of Constellation Software from C$4,000.00 to C$4,100.00 and gave the stock a “buy” rating in a research report on Tuesday, March 10th. Finally, BMO Capital Markets reduced their price objective on Constellation Software from C$4,600.00 to C$4,200.00 in a report on Tuesday, March 10th.
View Our Latest Research Report on CSU
Constellation Software Price Performance
Constellation Software (TSE:CSU – Get Free Report) last released its quarterly earnings results on Monday, March 9th. The company reported C$7.12 earnings per share (EPS) for the quarter. Constellation Software had a return on equity of 15.35% and a net margin of 4.40%.The business had revenue of C$4.19 billion during the quarter. Equities research analysts expect that Constellation Software will post 55.4616354 EPS for the current fiscal year.
Constellation Software Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th will be paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, March 27th. Constellation Software’s dividend payout ratio is 16.56%.
About Constellation Software
Constellation Software is an international provider of market-leading software and services to a number of industries. Our mission is to acquire, manage and build market-leading software businesses that develop specialized, mission-critical software solutions to address the specific needs of our particular industries. Our company was founded in 1995 to assemble a portfolio of vertical market software companies that have the potential to be leaders in their particular market. Since then, we have grown rapidly through a combination of acquisitions and organic growth, and established a strong constellation of companies with a large, diverse customer base.
Read More
Receive News & Ratings for Constellation Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Constellation Software and related companies with MarketBeat.com's FREE daily email newsletter.
