Should I buy or sell Altus Group stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Altus Group in the last twelve months. There are currently 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AIF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AIF, but not buy additional shares or sell existing shares. View AIF analyst ratings or view top-rated stocks .

What is Altus Group's stock price target for 2024?

9 brokerages have issued 1-year price targets for Altus Group's stock. Their AIF share price targets range from C$50.00 to C$59.00. On average, they expect the company's stock price to reach C$52.72 in the next twelve months. This suggests a possible upside of 2.0% from the stock's current price. View analysts price targets for AIF or view top-rated stocks among Wall Street analysts .

How have AIF shares performed in 2024?

Altus Group's stock was trading at C$42.14 on January 1st, 2024. Since then, AIF stock has increased by 22.6% and is now trading at C$51.67. View the best growth stocks for 2024 here .

When is Altus Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our AIF earnings forecast .

How were Altus Group's earnings last quarter?

Altus Group Limited (TSE:AIF) issued its quarterly earnings data on Thursday, February, 22nd. The company reported $0.46 EPS for the quarter, topping analysts' consensus estimates of $0.42 by $0.04. The company earned $191.57 million during the quarter, compared to analyst estimates of $192.55 million. Altus Group had a net margin of 1.32% and a trailing twelve-month return on equity of 1.70%.

How often does Altus Group pay dividends? What is the dividend yield for Altus Group?

Altus Group announced a quarterly dividend on Thursday, February 22nd. Stockholders of record on Sunday, March 31st will be given a dividend of 0.15 per share on Monday, April 15th. This represents a $0.60 annualized dividend and a yield of 1.16%. The ex-dividend date is Wednesday, March 27th. Read our dividend analysis for AIF .

Is Altus Group a good dividend stock?

Altus Group (TSE:AIF) pays an annual dividend of C$0.60 per share and currently has a dividend yield of 1.14%. The dividend payout ratio is 272.73%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for AIF .

What other stocks do shareholders of Altus Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Altus Group investors own include Endologix (ELGX) , Chipotle Mexican Grill (CMG) , Gran Tierra Energy (GTE) , Shopify (SHOP) , UMB Financial (UMBF) , Aurora Cannabis (ACB) , Air Canada (AC) , AutoZone (AZO) and Black Diamond Group (BDI) .

How do I buy shares of Altus Group?

Shares of AIF stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:AIF

Altus Group (AIF) Stock Price, News & Analysis

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Free AIF Stock Alerts

C$51.67

-0.42 (-0.81%)

(As of 04/17/2024 ET)

Compare

Today's Range: C$51.52
▼
C$52.26
50-Day Range: C$45.89
▼
C$54.17
52-Week Range: C$35.29
▼
C$58.60

Volume: 100,234 shs
Average Volume: 77,866 shs
Market Capitalization: C$2.35 billion

P/E Ratio: 234.86
Dividend Yield: 1.16%
Price Target: C$52.72

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get Altus Group alerts:

Altus Group MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 2.0% Upside
C$52.72 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.00
Based on 2 Articles This Week
Insider Trading: Selling Shares
C$574,750 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.45 out of 5 stars

2.2

Analyst's Opinion

Consensus Rating
Altus Group has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 3 buy ratings, 6 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Altus Group has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for AIF.

0.8

Dividend Strength

Dividend Yield
Altus Group pays a meaningful dividend of 1.14%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Altus Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Altus Group is 272.73%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AIF.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 2 news articles for Altus Group this week, compared to 1 article on an average week.
Search Interest
9 people have searched for AIF on MarketBeat in the last 30 days. This is an increase of 80% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Altus Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$574,750.00 in company stock.
Percentage Held by Insiders
Only 0.07% of the stock of Altus Group is held by insiders.
Percentage Held by Institutions
59.58% of the stock of Altus Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Altus Group is 234.86, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 136.94.
Price to Earnings Ratio vs. Sector
The P/E ratio of Altus Group is 234.86, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 210.51.
Price to Earnings Growth Ratio
Altus Group has a PEG Ratio of 0.96. PEG Ratios around 1 indicate that a company is correctly valued.
Price to Book Value per Share Ratio
Altus Group has a P/B Ratio of 3.90. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Altus Group Stock (TSE:AIF)

Altus Group Limited provides asset and funds intelligence solutions for commercial real estate (CRE). The company operates through Analytics, Property Tax, and Appraisals and Development Advisory segments. The Analytics segment portfolio includes software, data analytics, market data, and consulting services; CRE asset and fund management services; ARGUS-branded, finance active-branded debt management, and valuation management solutions; technology consulting services, such as strategic advisory for front-to-back-office strategies, processes, and technology; and software services related to education, training, and implementation. The Property Tax segment includes expert services and technology for property tax management, which include conducting property tax assessment reviews for commercial properties. The Appraisals and Development Advisory segments include services in the field of commercial property valuation appraisals, such as valuation appraisals of properties for transactional purposes, due diligence and litigation support, and economic consulting; and commercial development advisory services in the areas of construction feasibility studies, budgeting, cost and loan monitoring, and project management. It operates in Canada, the United Kingdom, France, Germany, Australia, the United States, Australia, Europe, the Middle East, Africa, and Asia Pacific. Altus Group Limited was founded in 2005 and is headquartered in Toronto, Canada.

AIF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

AIF Stock News Headlines

April 17, 2024 | stockhouse.com

Altus Group Recognized as "Data Solution of the Year for Real Estate" in 2024 Data Breakthrough Awards

April 16, 2024 | americanbankingnews.com

Altus Group (TSE:AIF) Stock Crosses Above 200-Day Moving Average of $46.17

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April 8, 2024 | americanbankingnews.com

Altus Group Limited (TSE:AIF) Receives Average Recommendation of "Hold" from Analysts

April 3, 2024 | msn.com

Autism-focused venture capital fund raises $60 million

March 27, 2024 | finance.yahoo.com

Altus Group Releases Q1 2024 CRE Industry Conditions & Sentiment Survey Findings

March 25, 2024 | au.finance.yahoo.com

Altus Group Limited (AIF.TO)

March 16, 2024 | finance.yahoo.com

Those who invested in Altus Group (TSE:AIF) five years ago are up 114%

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Altus Group Ltd.

February 24, 2024 | finance.yahoo.com

Altus Group Full Year 2023 Earnings: EPS Misses Expectations

February 23, 2024 | finanznachrichten.de

Altus Group Limited: Altus Group Reports Q4 and Fiscal 2023 Financial Results; Announces Quarterly Dividend Payment

February 21, 2024 | markets.businessinsider.com

Altus Group is about to announce its earnings — here's what to expect

February 21, 2024 | finance.yahoo.com

Altus Group Enhances Valuation Offer with New Pan-European Dataset

February 1, 2024 | realmoney.thestreet.com

Altus Group price target raised by C$2 at Scotiabank

January 26, 2024 | theglobeandmail.com

Friday’s analyst upgrades and downgrades

January 24, 2024 | finanznachrichten.de

Altus Group Limited: Altus Group Releases Its 2024 Canadian Cost Guide

January 22, 2024 | finance.yahoo.com

Altus Group to Announce Fourth Quarter and Fiscal Year 2023 Financial Results on February 22, 2024

January 11, 2024 | ca.finance.yahoo.com

Industrial real estate remains tight despite record-breaking increase in new space

January 9, 2024 | finance.yahoo.com

Altus Group Limited (TSE:AIF) is definitely on the radar of institutional investors who own 47% of the company

January 8, 2024 | msn.com

Canada shares higher at close of trade; S&P/TSX Composite up 0.66%

January 8, 2024 | msn.com

TSX Gains Ground Despite Tumble in Crude Prices

January 5, 2024 | msn.com

‘He bent over backward to make people happy’: Altus community reminisce over late Parks Director

January 3, 2024 | msn.com

City of Altus’ investments to come to fruition in 2024

December 27, 2023 | msn.com

Canada shares higher at close of trade; S&P/TSX Composite up 0.65%

December 7, 2023 | morningstar.com

Altus Group Ltd AIF

December 6, 2023 | finance.yahoo.com

Altus Group Releases CRE Industry Conditions & Sentiment Survey Findings

See More Headlines

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Company Calendar

Last Earnings: 2/22/2024
Ex-Dividend for 4/15 Dividend: 3/27/2024
Dividend Payable: 4/15/2024
Today: 4/17/2024
Next Earnings (Confirmed): 5/02/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Real Estate
Industry: Real Estate Services
Sub-Industry: N/A
Current Symbol: TSE:AIF
Previous Symbol: TSE:AIF.UN
CUSIP: N/A
CIK: N/A
Web: www.altusgroup.com
Phone: +1-416-6419500
Fax: N/A
Employees: 3,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$52.72
High Stock Price Target: C$59.00
Low Stock Price Target: C$50.00
Potential Upside/Downside: +2.0%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.22
Trailing P/E Ratio: 234.86
Forward P/E Ratio: 25.17
P/E Growth: 0.96
Net Income: C$10.23 million
Net Margins: 1.32%
Pretax Margin: N/A
Return on Equity: 1.70%
Return on Assets: 3.15%

Debt

Debt-to-Equity Ratio: 59.01
Current Ratio: 1.39
Quick Ratio: 1.30

Sales & Book Value

Annual Sales: C$772.84 million
Price / Sales: 3.05
Cash Flow: C$1.04 per share
Price / Cash Flow: 49.85
Book Value: C$13.26 per share
Price / Book: 3.90

Miscellaneous

Outstanding Shares: 45,550,000
Free Float: N/A
Market Cap: C$2.35 billion
Optionable: Not Optionable
Beta: 0.78

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Key Executives

Mr. James V. Hannon
Chief Executive Officer
Mr. Alex Probyn
Global President of Property Tax Business
Mr. Jorge Blanco
President of Altus Analytics Business & Chief Commercial Officer
Mr. Steve Bezner
Chief Software Development Officer
Mr. Pawan Chhabra
Chief Financial Officer
Mr. David Ross
Chief Information Officer
Martin Miasko
Director of Investor Relations
Ms. Terrie-Lynne Devonish
Chief Legal Officer & Corporate Secretary
Ms. Camilla Bartosiewicz
Chief Communication Officer
Mr. Walter Turney
Global Head of Sales, ARGUS

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

AIF Stock Analysis - Frequently Asked Questions

Should I buy or sell Altus Group stock right now?: 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Altus Group in the last twelve months. There are currently 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AIF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AIF, but not buy additional shares or sell existing shares.
View AIF analyst ratings or view top-rated stocks.
What is Altus Group's stock price target for 2024?: 9 brokerages have issued 1-year price targets for Altus Group's stock. Their AIF share price targets range from C$50.00 to C$59.00. On average, they expect the company's stock price to reach C$52.72 in the next twelve months. This suggests a possible upside of 2.0% from the stock's current price.
View analysts price targets for AIF or view top-rated stocks among Wall Street analysts.
How have AIF shares performed in 2024?: Altus Group's stock was trading at C$42.14 on January 1st, 2024. Since then, AIF stock has increased by 22.6% and is now trading at C$51.67.
View the best growth stocks for 2024 here.
When is Altus Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our AIF earnings forecast.
How were Altus Group's earnings last quarter?: Altus Group Limited (TSE:AIF) issued its quarterly earnings data on Thursday, February, 22nd. The company reported $0.46 EPS for the quarter, topping analysts' consensus estimates of $0.42 by $0.04. The company earned $191.57 million during the quarter, compared to analyst estimates of $192.55 million. Altus Group had a net margin of 1.32% and a trailing twelve-month return on equity of 1.70%.

How often does Altus Group pay dividends? What is the dividend yield for Altus Group?: Altus Group announced a quarterly dividend on Thursday, February 22nd. Stockholders of record on Sunday, March 31st will be given a dividend of 0.15 per share on Monday, April 15th. This represents a $0.60 annualized dividend and a yield of 1.16%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for AIF.
Is Altus Group a good dividend stock?: Altus Group (TSE:AIF) pays an annual dividend of C$0.60 per share and currently has a dividend yield of 1.14%. The dividend payout ratio is 272.73%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for AIF.
What other stocks do shareholders of Altus Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Altus Group investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Gran Tierra Energy (GTE), Shopify (SHOP), UMB Financial (UMBF), Aurora Cannabis (ACB), Air Canada (AC), AutoZone (AZO) and Black Diamond Group (BDI).
How do I buy shares of Altus Group?: Shares of AIF stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:AIF) was last updated on 4/17/2024 by MarketBeat.com Staff

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Altus Group (AIF) Stock Price, News & Analysis

Altus Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Altus Group Stock (TSE:AIF)

AIF Stock Price History

AIF Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

AIF Stock Analysis - Frequently Asked Questions

Overall MarketRank^™