Calian Group Ltd (TSE:CGY) – Analysts at Desjardins dropped their Q3 2019 earnings per share estimates for shares of Calian Group in a research note issued to investors on Wednesday, May 15th. Desjardins analyst B. Poirier now forecasts that the company will post earnings per share of $0.57 for the quarter, down from their prior estimate of $0.58. Desjardins also issued estimates for Calian Group’s FY2020 earnings at $2.48 EPS.
CGY opened at C$33.26 on Friday. The company has a quick ratio of 1.82, a current ratio of 1.95 and a debt-to-equity ratio of 12.07. Calian Group has a 1 year low of C$25.76 and a 1 year high of C$34.95. The firm has a market capitalization of $261.41 million and a P/E ratio of 16.97.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 11th. Investors of record on Tuesday, June 11th will be paid a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 3.37%. The ex-dividend date is Thursday, May 23rd. Calian Group’s dividend payout ratio is currently 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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