What is Raymond James’ Estimate for TSE:CSU FY2024 Earnings?

Constellation Software Inc. (TSE:CSU) – Raymond James upped their FY2024 EPS estimates for Constellation Software in a report released on Sunday, November 10th. Raymond James analyst S. Li now forecasts that the company will earn $106.91 per share for the year, up from their prior forecast of $106.74. The consensus estimate for Constellation Software’s current full-year earnings is $55.46 per share.

Several other brokerages also recently commented on CSU. TD Securities boosted their price objective on Constellation Software from C$4,500.00 to C$4,800.00 in a research report on Monday. Royal Bank of Canada boosted their price target on Constellation Software from C$4,300.00 to C$4,700.00 and gave the stock an “outperform” rating in a report on Monday, July 22nd. National Bankshares increased their price objective on shares of Constellation Software from C$4,800.00 to C$5,000.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. BMO Capital Markets boosted their target price on shares of Constellation Software from C$4,800.00 to C$4,900.00 in a report on Monday. Finally, CIBC raised 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 research note on Wednesday, August 28th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$4,800.00.

Constellation Software Trading Down 1.9 %

Shares of Constellation Software stock opened at C$4,488.16 on Wednesday. Constellation Software has a fifty-two week low of C$3,057.00 and a fifty-two week high of C$4,610.74. The company has a debt-to-equity ratio of 151.81, a quick ratio of 0.55 and a current ratio of 0.90. The company has a market capitalization of C$95.10 billion, a P/E ratio of 106.03, a P/E/G ratio of 2.95 and a beta of 0.81. The company has a fifty day moving average of C$4,345.91 and a 200 day moving average of C$4,108.59.

Constellation Software Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 10th. Stockholders of record on Friday, December 20th will be given a dividend of $1.353 per share. The ex-dividend date is Friday, December 20th. This represents a $5.41 dividend on an annualized basis and a dividend yield of 0.12%. Constellation Software’s dividend payout ratio is currently 12.95%.

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.