Cormark Issues Negative Estimate for Altus Group Earnings

Altus Group Limited (TSE:AIF) – Research analysts at Cormark reduced their Q3 2025 earnings per share (EPS) estimates for shares of Altus Group in a report released on Friday, August 8th. Cormark analyst G. Fairweather now forecasts that the company will post earnings per share of $0.44 for the quarter, down from their prior estimate of $0.45. The consensus estimate for Altus Group’s current full-year earnings is $1.73 per share. Cormark also issued estimates for Altus Group’s Q1 2026 earnings at $0.47 EPS and Q2 2026 earnings at $0.58 EPS.

A number of other research analysts also recently issued reports on AIF. Royal Bank Of Canada cut their price target on Altus Group from C$62.00 to C$58.00 and set a “sector perform” rating on the stock in a report on Tuesday, April 22nd. BMO Capital Markets lifted their price target on Altus Group from C$60.00 to C$62.00 in a report on Thursday, May 22nd. Scotiabank lifted their price target on Altus Group from C$52.00 to C$53.00 and gave the company a “sector perform” rating in a report on Friday. Finally, CIBC lowered their price objective on Altus Group from C$57.00 to C$54.00 in a research report on Thursday, April 17th.

Altus Group Trading Up 0.3%

Shares of TSE:AIF opened at C$53.11 on Monday. Altus Group has a 12-month low of C$46.36 and a 12-month high of C$61.09. The business’s fifty day simple moving average is C$54.00 and its 200-day simple moving average is C$53.62. The company has a market capitalization of C$2.47 billion, a PE ratio of 929.33, a P/E/G ratio of 0.96 and a beta of 0.82. The company has a current ratio of 2.09, a quick ratio of 1.30 and a debt-to-equity ratio of 55.91.

Altus Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.1%. Altus Group’s payout ratio is 1,049.89%.

Insiders Place Their Bets

In other news, Director Anthony Long sold 3,000 shares of the firm’s stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of C$56.16, for a total value of C$168,468.00. Also, Senior Officer Kimberly Carter sold 725 shares of the firm’s stock in a transaction on Wednesday, May 28th. The stock was sold at an average price of C$55.00, for a total value of C$39,875.00. 4.05% of the stock is owned by company insiders.

About Altus Group

Altus Group Ltd operates in the Canadian real estate sector. Its services can be summed up as advisory services, software and data solutions to the property and real estate industry. The company has three reportable segments namely Altus Analytics, Commercial Real Estate Consulting, and Geomatics. It generates maximum revenue from the Commercial Real Estate Consulting segment.