Calian Group Ltd (TSE:CGY) – Desjardins decreased their Q3 2019 earnings estimates for shares of Calian Group in a report issued on Wednesday, May 15th. Desjardins analyst B. Poirier now expects that the company will post earnings per share of $0.57 for the quarter, down from their previous estimate of $0.58. Desjardins also issued estimates for Calian Group’s FY2020 earnings at $2.48 EPS.
Shares of TSE:CGY opened at C$33.28 on Friday. The stock has a market capitalization of $262.21 million and a P/E ratio of 16.98. The company has a debt-to-equity ratio of 12.07, a quick ratio of 1.82 and a current ratio of 1.95. Calian Group has a fifty-two week low of C$25.76 and a fifty-two week high of C$34.95.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 11th. Shareholders of record on Tuesday, June 11th will be paid a dividend of $0.28 per share. The ex-dividend date is Thursday, May 23rd. This represents a $1.12 annualized dividend and a yield of 3.37%. Calian Group’s payout ratio is 57.14%.
About Calian Group
Calian Group Ltd. engages in the systems engineering, manufacturing, training, information technology, and health care solutions to industries and government in Canada, the United States, and Europe. The company's Systems Engineering division plans, designs, and implements solutions in satellite communications, defense/security, and high-end telecommunications sectors.
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