Constellation Software Inc. (TSE:CSU) announced a quarterly dividend on Friday, August 2nd, Zacks reports. Investors of record on Monday, September 16th will be paid a dividend of 1.319 per share on Monday, October 7th. This represents a $5.28 dividend on an annualized basis and a yield of 0.42%. The ex-dividend date is Friday, September 13th. This is an increase from Constellation Software’s previous quarterly dividend of $1.00.
Shares of CSU traded up C$4.05 during midday trading on Wednesday, hitting C$1,264.67. 19,991 shares of the company traded hands, compared to its average volume of 43,187. The stock has a 50-day moving average of C$1,272.23 and a 200-day moving average of C$1,201.86. Constellation Software has a one year low of C$814.32 and a one year high of C$1,325.95. The firm has a market cap of $26.72 billion and a P/E ratio of 66.29. The company has a debt-to-equity ratio of 99.82, a current ratio of 0.63 and a quick ratio of 0.53.
Constellation Software (TSE:CSU) last released its quarterly earnings data on Friday, August 2nd. The company reported C$8.68 EPS for the quarter, missing analysts’ consensus estimates of C$10.05 by C($1.37). The firm had revenue of C$1.13 billion for the quarter, compared to the consensus estimate of C$1.13 billion. Sell-side analysts forecast that Constellation Software will post 36.6999999 EPS for the current fiscal year.
A number of analysts recently weighed in on the stock. CIBC upped their target price on shares of Constellation Software from C$1,250.00 to C$1,350.00 in a report on Friday, July 26th. BMO Capital Markets raised their price target on shares of Constellation Software from C$1,300.00 to C$1,400.00 in a report on Tuesday, August 6th. Finally, Royal Bank of Canada boosted their price target on shares of Constellation Software from C$1,350.00 to C$1,450.00 and gave the company an “outperform” rating in a research report on Wednesday, August 7th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of C$1,207.14.
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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