Constellation Software Inc. (CSU) To Go Ex-Dividend on September 20th

Constellation Software Inc. (TSE:CSU) declared a quarterly dividend on Friday, September 20th, Zacks reports. Stockholders of record on Thursday, October 10th will be given a dividend of 1.381 per share on Thursday, October 10th. This represents a $5.52 annualized dividend and a dividend yield of 0.13%. The ex-dividend date of this dividend is Friday, September 20th. This is a positive change from Constellation Software’s previous quarterly dividend of $1.38.

Constellation Software Trading Up 0.3 %

TSE:CSU opened at C$4,326.60 on Wednesday. The company has a current ratio of 0.90, a quick ratio of 0.55 and a debt-to-equity ratio of 151.81. The firm has a market cap of C$91.68 billion, a PE ratio of 104.07, a price-to-earnings-growth ratio of 1.04 and a beta of 0.81. The stock has a fifty day moving average price of C$4,226.38 and a 200 day moving average price of C$3,919.34. Constellation Software has a 12-month low of C$2,665.01 and a 12-month high of C$4,476.50.

Constellation Software (TSE:CSU) last released its quarterly earnings data on Friday, August 9th. The company reported C$31.00 earnings per share (EPS) for the quarter, topping the consensus estimate of C$29.71 by C$1.29. The business had revenue of C$3.38 billion during the quarter, compared to analysts’ expectations of C$3.40 billion. Constellation Software had a net margin of 7.00% and a return on equity of 15.93%. Sell-side analysts anticipate that Constellation Software will post 134.6 earnings per share for the current fiscal year.

Insider Activity at Constellation Software

In other Constellation Software news, Senior Officer John Edward Billowits sold 1,000 shares of the 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. Company insiders own 5.69% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on CSU. Raymond James raised their price target on Constellation Software from C$3,800.00 to C$4,250.00 and gave the stock a “market perform” rating in a research note on Monday, August 12th. CIBC lifted their target price on shares of Constellation Software from C$4,100.00 to C$4,850.00 and gave the company an “outperform” rating in a report on Wednesday, August 28th. Finally, Royal Bank of Canada increased their price target on shares of Constellation Software from C$4,300.00 to C$4,700.00 and gave the stock an “outperform” rating in a research note on Monday, July 22nd. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, Constellation Software currently has a consensus rating of “Moderate Buy” and a consensus target price of C$4,275.00.

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.