Cormark Comments on Altus Group’s Q2 Earnings (TSE:AIF)

Altus Group Limited (TSE:AIF) – Equities researchers at Cormark raised their Q2 2026 earnings estimates for Altus Group in a report released on Wednesday, August 13th. Cormark analyst G. Fairweather now expects that the company will post earnings per share of $0.59 for the quarter, up from their previous forecast of $0.58. The consensus estimate for Altus Group’s current full-year earnings is $1.73 per share.

A number of other equities research analysts have also weighed in on AIF. National Bankshares raised shares of Altus Group from a “sector perform” rating to an “outperform” rating and raised their price target for the company from C$60.00 to C$74.00 in a report on Wednesday. National Bank Financial upgraded Altus Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 12th. BMO Capital Markets lifted their target price on Altus Group from C$60.00 to C$62.00 in a research report on Thursday, May 22nd. Scotiabank increased 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, August 8th. Finally, Royal Bank Of Canada dropped their price objective 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. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$60.20.

Altus Group Trading Down 0.4%

TSE AIF opened at C$61.17 on Friday. The stock has a market cap of C$2.85 billion, a P/E ratio of 1,070.36, a PEG ratio of 0.96 and a beta of 0.82. The company’s fifty day simple moving average is C$54.63 and its 200-day simple moving average is C$53.71. 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 has a 52 week low of C$46.36 and a 52 week high of C$62.00.

Insider Transactions at Altus Group

In related news, Director Anthony Long sold 3,000 shares of Altus Group stock in a transaction dated 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 business’s stock in a transaction dated Wednesday, May 28th. The shares were sold at an average price of C$55.00, for a total value of C$39,875.00. Corporate insiders own 4.05% of the company’s stock.

Altus Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.0%. Altus Group’s dividend payout ratio (DPR) is presently 1,049.89%.

Altus Group Company Profile

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.