Constellation Software Inc. (TSE:CSU) Declares $1.35 Quarterly Dividend

Constellation Software Inc. (TSE:CSU) declared a quarterly dividend on Friday, December 20th,Zacks Dividends reports. Investors of record on Friday, January 10th will be paid a dividend of 1.353 per share on Friday, January 10th. This represents a $5.41 annualized dividend and a yield of 0.12%. The ex-dividend date of this dividend is Friday, December 20th.

Constellation Software Stock Up 0.8 %

Shares of TSE:CSU opened at C$4,656.93 on Wednesday. The firm has a market capitalization of C$98.68 billion, a PE ratio of 110.01, a price-to-earnings-growth ratio of 2.95 and a beta of 0.81. The business has a 50 day simple moving average of C$4,490.99 and a two-hundred day simple moving average of C$4,263.19. Constellation Software has a 1 year low of C$3,148.70 and a 1 year high of C$4,879.19. The company has a debt-to-equity ratio of 151.81, a current ratio of 0.90 and a quick ratio of 0.55.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Raymond James increased their target price on Constellation Software from C$4,250.00 to C$4,550.00 in a research note on Monday, November 11th. BMO Capital Markets raised their price target on shares of Constellation Software from C$4,800.00 to C$4,900.00 in a research note on Monday, November 11th. CIBC boosted their price objective on shares of Constellation Software from C$4,800.00 to C$5,300.00 and gave the company an “outperform” rating in a research report on Monday, December 9th. National Bankshares raised their target price on shares of Constellation Software from C$4,800.00 to C$5,000.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Finally, UBS Group raised shares of Constellation Software to a “strong-buy” rating in a research note on Thursday, November 21st. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of C$4,875.00.

Constellation Software Company Profile

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.