Constellation Software Inc. Expected to Earn Q3 2024 Earnings of $27.65 Per Share (TSE:CSU)

Constellation Software Inc. (TSE:CSU) – Equities research analysts at National Bank Financial issued their Q3 2024 earnings per share (EPS) estimates for shares of Constellation Software in a research note issued on Sunday, August 11th. National Bank Financial analyst R. Tse anticipates that the company will post earnings per share of $27.65 for the quarter. The consensus estimate for Constellation Software’s current full-year earnings is $111.50 per share. National Bank Financial also issued estimates for Constellation Software’s FY2024 earnings at $110.61 EPS and FY2025 earnings at $134.30 EPS.

CSU has been the topic of a number of other reports. Royal Bank of Canada lifted their price target on Constellation Software from C$4,300.00 to C$4,700.00 and gave the company an “outperform” rating in a research note on Monday, July 22nd. BMO Capital Markets lifted their price target on Constellation Software from C$4,150.00 to C$4,300.00 and gave the company an “outperform” rating in a research note on Monday, May 13th. Raymond James lifted their price target on Constellation Software from C$3,800.00 to C$4,250.00 and gave the company a “market perform” rating in a research note on Monday. Finally, TD Securities lifted their price target on Constellation Software from C$4,050.00 to C$4,150.00 and gave the company a “hold” rating in a research note on Tuesday, May 14th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Constellation Software has a consensus rating of “Moderate Buy” and a consensus price target of C$4,150.00.

Constellation Software Stock Up 1.5 %

Constellation Software stock opened at C$4,241.12 on Wednesday. The company has a debt-to-equity ratio of 155.36, a current ratio of 0.92 and a quick ratio of 0.55. Constellation Software has a 1-year low of C$2,585.25 and a 1-year high of C$4,476.50. The company has a market cap of C$89.87 billion, a PE ratio of 112.20, a price-to-earnings-growth ratio of 1.04 and a beta of 0.80. The stock’s 50 day moving average price is C$4,046.76 and its 200 day moving average price is C$3,827.89.

Constellation Software Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 10th. Investors of record on Friday, September 20th will be issued a dividend of $1.381 per share. The ex-dividend date is Friday, September 20th. This is a boost from Constellation Software’s previous quarterly dividend of $1.38. This represents a $5.52 annualized dividend and a yield of 0.13%. Constellation Software’s payout ratio is currently 14.47%.

Insider Buying and Selling

In other news, Senior Officer John Edward Billowits sold 1,000 shares of the business’s stock in a transaction on Friday, June 21st. The stock was sold at an average price of C$3,768.39, for a total value of C$3,768,390.00. 5.70% of the stock is currently owned by insiders.

About Constellation Software

Constellation Software Inc, together with its subsidiaries, acquires, builds, and manages vertical market software businesses in Canada, the United States, Europe, and internationally. It provides mission critical software solutions for public and private sector markets. The company is also involved in the software licensing; and sale of third-party hardware.