View ValuationCalian Group 향후 성장Future 기준 점검 2/6Calian Group은 연간 수입과 매출이 각각 10.2%와 7.4% 증가할 것으로 예상되고 EPS는 연간 0.8%만큼 증가할 것으로 예상됩니다.핵심 정보10.2%이익 성장률0.81%EPS 성장률Commercial Services 이익 성장23.7%매출 성장률7.4%향후 자기자본이익률n/a애널리스트 커버리지Good마지막 업데이트19 May 2026최근 향후 성장 업데이트분석 기사 • May 17Results: Calian Group Ltd. Beat Earnings Expectations And Analysts Now Have New ForecastsCalian Group Ltd. ( TSE:CGY ) defied analyst predictions to release its second-quarter results, which were ahead of...Price Target Changed • May 17Price target increased by 7.5% to CA$91.08Up from CA$84.75, the current price target is an average from 6 analysts. New target price is 13% above last closing price of CA$80.64. Stock is up 100% over the past year. The company is forecast to post earnings per share of CA$1.31 for next year compared to CA$1.78 last year.Major Estimate Revision • Feb 19Consensus EPS estimates fall by 37%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from CA$2.40 to CA$1.53 per share. Revenue forecast steady at CA$853.4m. Net income forecast to shrink 20% next year vs 15% growth forecast for Commercial Services industry in Canada . Consensus price target up from CA$73.38 to CA$82.64. Share price rose 15% to CA$76.30 over the past week.Price Target Changed • Jan 29Price target increased by 8.1% to CA$70.64Up from CA$65.33, the current price target is an average from 7 analysts. New target price is 6.1% above last closing price of CA$66.56. Stock is up 33% over the past year. The company is forecast to post earnings per share of CA$2.40 for next year compared to CA$1.78 last year.분석 기사 • Aug 16Calian Group Ltd. Just Missed Earnings - But Analysts Have Updated Their ModelsTSX:CGY 1 Year Share Price vs Fair Value Explore Calian Group's Fair Values from the Community and select yours It's...Major Estimate Revision • May 21Consensus EPS estimates fall by 54%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CA$818.1m to CA$798.6m. EPS estimate also fell from CA$2.00 per share to CA$0.927 per share. Net income forecast to grow 42,713% next year vs 40% growth forecast for Commercial Services industry in Canada. Consensus price target down from CA$68.57 to CA$57.43. Share price fell 18% to CA$40.05 over the past week.모든 업데이트 보기Recent updates내러티브 업데이트 • Jun 04CGY: Defence Strategy Role And Credit Capacity Shape Balanced Future OutlookThe analyst price target for Calian Group has been lifted to CA$100, up from CA$90, as analysts highlight the company's role as Canada's Defence Industrial Strategy champion and its focus on profitable growth with potential margin expansion. Analyst Commentary Recent research points to a more constructive view on Calian Group, with bullish analysts lifting price targets into the C$90 to C$100 range and tying their outlook to the company’s positioning within Canada’s Defence Industrial Strategy and its focus on profitable growth.Recent Insider Transactions Derivative • May 25CEO & Director exercised options and sold CA$139k worth of stockOn the 20th of May, Patrick Houston exercised 6k options at a strike price of around CA$58.90 and sold these shares for an average price of CA$80.50 per share. This trade did not impact their existing holding. For the year to September 2019, Patrick's total compensation was 26% salary and 74% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2025, Patrick has owned 22.27k shares directly. Company insiders have collectively bought CA$2.4m more than they sold, via options and on-market transactions, in the last 12 months.Declared Dividend • May 18Second quarter dividend of CA$0.28 announcedDividend of CA$0.28 is the same as last year. Ex-date: 27th May 2026 Payment date: 10th June 2026 Dividend yield will be 1.4%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. EPS is expected to grow by 4.9% over the next 3 years, which should provide support to the dividend and adequate earnings cover.분석 기사 • May 17Results: Calian Group Ltd. Beat Earnings Expectations And Analysts Now Have New ForecastsCalian Group Ltd. ( TSE:CGY ) defied analyst predictions to release its second-quarter results, which were ahead of...Price Target Changed • May 17Price target increased by 7.5% to CA$91.08Up from CA$84.75, the current price target is an average from 6 analysts. New target price is 13% above last closing price of CA$80.64. Stock is up 100% over the past year. The company is forecast to post earnings per share of CA$1.31 for next year compared to CA$1.78 last year.Reported Earnings • May 15Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: CA$0.59 (up from CA$0.025 in 2Q 2025). Revenue: CA$228.7m (up 18% from 2Q 2025). Net income: CA$6.72m (up CA$6.42m from 2Q 2025). Profit margin: 2.9% (up from 0.2% in 2Q 2025). Revenue exceeded analyst estimates by 6.0%. Earnings per share (EPS) also surpassed analyst estimates by 41%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 1.8% decline forecast for the Commercial Services industry in Canada. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 9% per year.공시 • May 15Calian Group Ltd. Declares Quarterly Dividend, Payable on June 10, 2026On May 13, 2026, Calian Group Ltd. declared a quarterly dividend of $0.28 per share. The dividend is payable June 10, 2026, to shareholders of record as of May 27, 2026. Dividends paid by the Company are considered “eligible dividend” for tax purposes.분석 기사 • May 15Is Calian Group Ltd. (TSE:CGY) Potentially Undervalued?Calian Group Ltd. ( TSE:CGY ), is not the largest company out there, but it saw a significant share price rise of 34...Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CA$82.24, the stock trades at a forward P/E ratio of 91x. Average forward P/E is 15x in the Commercial Services industry in Canada. Total returns to shareholders of 39% over the past three years.내러티브 업데이트 • Apr 27CGY: Defence Partnerships And Credit Capacity Expansion Will Drive Future UpsideAnalysts have lifted their average Calian Group price target toward the CA$78 to CA$80 range, reflecting updated assumptions for discount rate, revenue growth, profit margin and future P/E, alongside recent target increases from multiple research shops. Analyst Commentary Recent Street research on Calian Group has centered on refreshed price targets in the CA$78 to CA$80 range and a generally constructive stance on the shares.내러티브 업데이트 • Apr 10CGY: Defence Collaborations And Higher P E Assumptions Will Shape Future UpsideCalian Group's analyst price targets have been raised into a CA$78 to CA$80 range, with analysts pointing to their updated work on discount rates, revenue growth and P/E assumptions as support for the higher valuation. Analyst Commentary Recent research points to a cluster of higher price targets for Calian Group in the CA$78 to CA$80 range, with bullish analysts publishing updated work that feeds into these levels.공시 • Mar 27Calian Group Ltd. Announces Resignation of Derek Clark as PresidentCalian Group Ltd. announced that Derek Clark, President of the company’s Essential Industries business unit, will be leaving the Company to pursue a new opportunity. The Essential Industries business continues to be supported by a strong and experienced leadership team, with Vice Presidents across the divisions working together to maintain continuity as the Company undertakes a search for a new President.내러티브 업데이트 • Mar 27CGY: Defence Partnerships And Higher Earnings Expectations Will Shape Future Upside PotentialThe fair value estimate for Calian Group has been nudged higher to CA$84.75, supported by analysts lifting their price targets to CA$78 and CA$80 and reflecting updated assumptions for revenue growth, profit margins and future P/E levels. Analyst Commentary Recent Street research on Calian Group points to a more constructive stance on the company, with several firms updating their price targets and formal coverage views.내러티브 업데이트 • Mar 13CGY: Defence Partnerships And Refined Expectations Will Shape A Balanced Return ProfileThe updated analyst price target for Calian Group edges higher to CA$84.07 from CA$82.64. This reflects analysts' refreshed views following a series of upward target revisions from CA$66 to CA$78 and from CA$63 to CA$80, as well as a new bullish initiation.Recent Insider Transactions Derivative • Feb 27Independent Director exercised options to buy CA$146k worth of stock.On the 26th of February, Royden Richardson exercised options to buy 2k shares at a strike price of around CA$60.35, costing a total of CA$110k. This transaction amounted to 14% of their direct individual holding at the time of the trade. Since March 2025, Royden's direct individual holding has increased from 6.68k shares to 12.72k. Company insiders have collectively bought CA$2.6m more than they sold, via options and on-market transactions, in the last 12 months.내러티브 업데이트 • Feb 26CGY: Defence Collaboration And Cautious Buybacks Will Shape A Balanced Return ProfileAnalysts have lifted their average Calian Group price target from about CA$73.38 to roughly CA$82.64. This reflects updated views on growth, profitability assumptions and a lower future P/E multiple, in line with recent target increases from CA$66 to CA$78 and from CA$63 to CA$80.공시 • Feb 24Calian Group Ltd. Appoints Will Majic as Acting Chief Financial Officer, Effective from February 23, 2026Calian Group Ltd. announced the appointment of Will Majic as acting Chief Financial Officer, effective February 23, 2026. Will Majic joined Calian in 2017 and has served as Vice President, Finance, Director of Finance, and Controller. He holds a Bachelor of Commerce from Carleton University, graduating with honours in accounting, and is a Chartered Professional Accountant. Majic has led finance due diligence and integration for 19 acquisitions, supported two equity financings totaling $150 million, and played a key role in establishing a $350 million syndicated credit facility. He also led enterprise-wide ERP implementation and enhanced internal controls, reporting standards and cash flow management to support the company’s expanding operations. During his tenure, Calian's annual revenue grew from approximately $275 million to over $750 million. He has led finance due diligence and integration for 19 acquisitions, supported two equity financings totaling $150 million, and played a key role in establishing a $350 million syndicated credit facility. He also led enterprise-wide ERP implementation and enhanced internal controls, reporting standards and cash flow management to support the company’s expanding operations. A Chartered Professional Accountant, Majic holds a Bachelor of Commerce from Carleton University, graduating with honours in accounting.Major Estimate Revision • Feb 19Consensus EPS estimates fall by 37%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from CA$2.40 to CA$1.53 per share. Revenue forecast steady at CA$853.4m. Net income forecast to shrink 20% next year vs 15% growth forecast for Commercial Services industry in Canada . Consensus price target up from CA$73.38 to CA$82.64. Share price rose 15% to CA$76.30 over the past week.Valuation Update With 7 Day Price Move • Feb 19Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CA$76.30, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 18x in the Commercial Services industry in Canada. Total returns to shareholders of 35% over the past three years.분석 기사 • Feb 16Calian Group (TSE:CGY) Has Announced A Dividend Of CA$0.28Calian Group Ltd.'s ( TSE:CGY ) investors are due to receive a payment of CA$0.28 per share on 11th of March. This...공시 • Feb 16+ 2 more updatesCalian Group Ltd. to Report Q3, 2026 Results on Aug 13, 2026Calian Group Ltd. announced that they will report Q3, 2026 results on Aug 13, 2026Declared Dividend • Feb 15First quarter dividend of CA$0.28 announcedDividend of CA$0.28 is the same as last year. Ex-date: 25th February 2026 Payment date: 11th March 2026 Dividend yield will be 1.6%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. EPS is expected to grow by 2.5% over the next year, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 13First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: CA$0.45 (up from CA$0.083 loss in 1Q 2025). Revenue: CA$208.0m (up 12% from 1Q 2025). Net income: CA$5.10m (up CA$6.07m from 1Q 2025). Profit margin: 2.5% (up from net loss in 1Q 2025). Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 7.0%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Commercial Services industry in Canada. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.공시 • Feb 13Calian Group Ltd. Announces Board ChangesCalian Group Ltd., at its annual meeting of shareholders held on February 12, 2026, appointed David 'Jake' Jacobson as directors of the company. The Board of Directors has appointed Valerie Sorbie as Chair of the Board, effective February 12, 2026.공시 • Feb 12Calian Group Ltd. Declares Quarterly Dividend, Payable March 11, 2026Calian Group Ltd. declared a quarterly dividend of $0.28 per share. The dividend is payable March 11, 2026, to shareholders of record as of February 25, 2026. Dividends paid by the Company are considered “eligible dividend” for tax purposes.내러티브 업데이트 • Feb 12CGY: Defence Contracts And Buybacks Will Support A Balanced Future Return ProfileAnalysts have lifted their price target on Calian Group to CA$73.38 from CA$67.00, citing a fresh bullish initiation and updated assumptions around the discount rate and future P/E multiples. Analyst Commentary Bullish Takeaways Bullish analysts point to the fresh initiation and updated discount rate assumptions as support for the higher CA$73.38 target, suggesting they see the risk profile as acceptable at this valuation.새로운 내러티브 • Feb 01Rising Defense And Space Demand Will Support This Undervalued Mission Critical Solutions ProviderCatalysts About Calian Group Calian Group provides mission critical solutions in defense, space, health care, IT and essential industries for government and commercial customers. What are the underlying business or industry changes driving this perspective?Board Change • Feb 01High number of new directorsCEO & Director Patrick Houston was the last director to join the board, commencing their role in 2026.공시 • Jan 30Calian Group Ltd. to Report Q1, 2026 Results on Feb 12, 2026Calian Group Ltd. announced that they will report Q1, 2026 results Pre-Market on Feb 12, 2026Price Target Changed • Jan 29Price target increased by 8.1% to CA$70.64Up from CA$65.33, the current price target is an average from 7 analysts. New target price is 6.1% above last closing price of CA$66.56. Stock is up 33% over the past year. The company is forecast to post earnings per share of CA$2.40 for next year compared to CA$1.78 last year.내러티브 업데이트 • Jan 29CGY: Defence Contracts And Buybacks Will Support A Measured Future Return ProfileAnalysts now see Calian Group’s fair value at about $67 per share, up from roughly $65.33. This reflects small adjustments to the discount rate, revenue growth, profit margin and expected future P/E assumptions.내러티브 업데이트 • Jan 15CGY: Higher Fair Value And Defence Contracts Will Shape Balanced Return OutlookAnalysts have raised their price target on Calian Group to C$62 from C$59, reflecting updated fair value analysis and revised assumptions for discount rate, growth, margins, and future P/E. Analyst Commentary Bullish Takeaways Bullish analysts see the higher C$62 target as better aligning the share price with their updated fair value work, rather than as a stretch target.Recent Insider Transactions Derivative • Dec 12President exercised options to buy CA$178k worth of stock.On the 9th of December, Kevin Ford exercised options to buy 3k shares at a strike price of around CA$57.53, costing a total of CA$175k. This transaction amounted to 4.8% of their direct individual holding at the time of the trade. Since December 2024, Kevin's direct individual holding has increased from 47.92k shares to 67.07k. Company insiders have collectively bought CA$2.7m more than they sold, via options and on-market transactions, in the last 12 months.분석 기사 • Dec 11Calian Group Ltd. (TSE:CGY) Stocks Shoot Up 25% But Its P/E Still Looks ReasonableCalian Group Ltd. ( TSE:CGY ) shares have had a really impressive month, gaining 25% after a shaky period beforehand...Recent Insider Transactions • Dec 03Independent Director recently bought CA$125k worth of stockOn the 28th of November, Royden Richardson bought around 2k shares on-market at roughly CA$52.00 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$713k more in shares than they have sold in the last 12 months.Declared Dividend • Nov 28Fourth quarter dividend of CA$0.28 announcedDividend of CA$0.28 is the same as last year. Ex-date: 9th December 2025 Payment date: 23rd December 2025 Dividend yield will be 2.1%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by both earnings (63% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. EPS is expected to grow by 101% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • Nov 27Calian Group Ltd. Declares Quarterly Dividend, Payable on December 23, 2025On November 25, 2025, Calian Group Ltd. declared a quarterly dividend of $0.28 per share. The dividend is payable December 23, 2025, to shareholders of record as of December 9, 2025.Reported Earnings • Nov 26Full year 2025 earnings releasedFull year 2025 results: Net income: (down CA$11.2m from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.New Risk • Nov 26New major risk - Revenue and earnings growthEarnings have declined by 17% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risk Paying a dividend despite being loss-making.공시 • Nov 24Calian Group Ltd., Annual General Meeting, Feb 12, 2026Calian Group Ltd., Annual General Meeting, Feb 12, 2026.Recent Insider Transactions Derivative • Nov 23President exercised options to buy CA$647k worth of stock.On the 19th of November, Kevin Ford exercised options to buy 14k shares at a strike price of around CA$51.50, costing a total of CA$727k. This transaction amounted to 28% of their direct individual holding at the time of the trade. Since December 2024, Kevin's direct individual holding has increased from 47.92k shares to 49.92k. Company insiders have collectively bought CA$1.7m more than they sold, via options and on-market transactions, in the last 12 months.분석 기사 • Nov 21These 4 Measures Indicate That Calian Group (TSE:CGY) Is Using Debt ExtensivelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...공시 • Nov 12Calian Group Ltd. Announces Board ChangesCalian Group Ltd. announced that George Weber and Kevin Ford will retire from the board as previously announced. In addition, Jo-Anne Poirier has advised the board that she will not stand for re-election at the next annual meeting. As part of this board renewal process, which began with the addition of Lisa Greatrix, Josh Blair, and Eric Demirian to the Board earlier this year, Calian confirmed that incoming CEO Patrick Houston will join the board following his formal appointment on January 1, 2026.공시 • Oct 07Calian Group Ltd. Announces CEO ChangesCalian Group Ltd. announced that Kevin Ford will retire as Chief Executive Officer after 10 years as CEO and 15 years with the company. Mr. Ford will remain CEO until the end of 2025 to ensure a smooth transition for all stakeholders. In accordance with the Board of Directors’ comprehensive succession planning process, the Board has appointed Patrick Houston, currently Chief Financial Officer and Chief Development Officer, as incoming Chief Executive Officer, effective January 1, 2026, and will initiate a search for a new CFO to succeed Mr. Houston. Under Mr. Ford’s leadership, Calian has experienced a decade of transformation and record growth. Since joining Calian in 2019, Mr. Houston has overseen finance, mergers and acquisitions, corporate development, investor relations, legal, and ESG. He has spearheaded 15 strategic acquisitions that have been pivotal in scaling the business and enabling significant international expansion. More recently, in his capacity as Chief Development Officer, Mr. Houston has successfully developed and implemented growth strategies for Calian’s GNSS, Nuclear, AgTech, and Composites divisions, which have delivered substantial organic growth for the company. Prior to joining Calian, Mr. Houston held senior financial and operational leadership roles at DragonWave, CanvasPop, and Corsa Security, and began his career at Deloitte. He has also served on several boards, including the Canadian Association of Defence and Security Industries (CADSI), Cliniconex, Kids Up Front Ottawa, and Field Effect Software.공시 • Sep 23Calian Group Ltd. Launches Canada's First Defence Innovation Orchestrator to Scale Small to Mid-Sized EnterpriseCalian Group Ltd. announced the launch of Calian Ventures, a initiative helping Canada's small to mid-sized enterprise (SMEs) and partners scale proven Canadian defence solutions into sovereign capabilities to meet the evolving needs of the Canadian Armed Forces (CAF). Working with Canadian partners including academia, financial institutions, and business support organizations, Calian Ventures will initially focus on three priority streams: command and control decision support systems, autonomous systems and space resource orchestration. SMEs will work with Calian and its partners to help test, validate and scale their technologies into Canadian and allied procurements while maintaining their intellectual property. According to the State of Canada's Defence Industry 2024 report, Canada's defence industrial base includes 5585 firms generating $14.3 billion in revenue and supporting over 81,000 jobs. More than 85% of these companies are SMEs with fewer than 250 employees. These firms are the drivers of innovation yet often face challenges scaling solutions into large programs for the CAF. Federal initiatives such as the Innovation for Defence Excellence and Security (IDEaS) program have funded over 600 innovation projects since 2018, engaging hundreds of SMEs and sparking promising technologies. Calian Ventures is designed to complement and build on the success of programs like IDEaS by providing SMEs with additional pathways to test, validate and scale their solutions into operational capabilities for the CAF and allied markets.분석 기사 • Aug 16Calian Group Ltd. Just Missed Earnings - But Analysts Have Updated Their ModelsTSX:CGY 1 Year Share Price vs Fair Value Explore Calian Group's Fair Values from the Community and select yours It's...Declared Dividend • Aug 15Third quarter dividend of CA$0.28 announcedDividend of CA$0.28 is the same as last year. Ex-date: 26th August 2025 Payment date: 9th September 2025 Dividend yield will be 2.4%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (26% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability.Reported Earnings • Aug 14Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: CA$0.051 (down from CA$0.11 in 3Q 2024). Revenue: CA$192.2m (up 3.9% from 3Q 2024). Net income: CA$590.0k (down 55% from 3Q 2024). Profit margin: 0.3% (down from 0.7% in 3Q 2024). Revenue missed analyst estimates by 6.8%. Earnings per share (EPS) also missed analyst estimates by 90%. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, while revenues in the Commercial Services industry in Canada are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.공시 • Aug 14Calian Group Ltd. Declares Quarterly Dividend, Payable on September 9, 2025On August 12, 2025, Calian Group Ltd. declared a quarterly dividend of $0.28 per share. The dividend is payable September 9, 2025, to shareholders of record as of August 26, 2025.분석 기사 • Jun 26Market Might Still Lack Some Conviction On Calian Group Ltd. (TSE:CGY) Even After 27% Share Price BoostCalian Group Ltd. ( TSE:CGY ) shareholders would be excited to see that the share price has had a great month, posting...공시 • Jun 24Calian Group Ltd Appoints Chris Pogue as President, Defence & Space, Effective July 7, 2025Calian Group Ltd. announced that Chris Pogue will join the company as President, Defence & Space, effective July 7, 2025. In this newly created role, Pogue will lead a high-performance organization that brings together Calian’s Advanced Technologies and Learning business units—leveraging the synergies of its communications and manufacturing solutions alongside its immersive training and simulation expertise to accelerate mission success for defence and space customers alike. Pogue brings over 20 years of senior executive experience. He most recently served as President and CEO of Thales Canada, where he expanded naval support services, re-established land-forces capabilities, and guided key AI and digital transformation initiatives. Prior to Thales, he led MDA Government’s Defence Space portfolio and held leadership roles at General Dynamics Mission Systems Canada and CAE Professional Services. Throughout his career, Pogue has championed the development of innovation ecosystems by connecting Canadian small and medium-sized businesses to national defence and space priorities. A retired Royal Canadian Air Force officer with more than 3,500 flight hours on the C-130 Hercules.Recent Insider Transactions • May 29Director recently bought CA$72k worth of stockOn the 26th of May, Eric Demirian bought around 2k shares on-market at roughly CA$38.00 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$638k more in shares than they have sold in the last 12 months.Major Estimate Revision • May 21Consensus EPS estimates fall by 54%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CA$818.1m to CA$798.6m. EPS estimate also fell from CA$2.00 per share to CA$0.927 per share. Net income forecast to grow 42,713% next year vs 40% growth forecast for Commercial Services industry in Canada. Consensus price target down from CA$68.57 to CA$57.43. Share price fell 18% to CA$40.05 over the past week.분석 기사 • May 18Calian Group (TSE:CGY) Will Pay A Dividend Of CA$0.28Calian Group Ltd.'s ( TSE:CGY ) investors are due to receive a payment of CA$0.28 per share on 10th of June. Based on...Declared Dividend • May 18Second quarter dividend of CA$0.28 announcedDividend of CA$0.28 is the same as last year. Ex-date: 27th May 2025 Payment date: 10th June 2025 Dividend yield will be 2.8%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 132x earnings). However, it is well covered by cash flows (35% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. The company's earnings per share (EPS) would need to grow by 14,599% to bring the payout ratio under control. EPS is expected to grow by 534% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.분석 기사 • May 17Calian Group Ltd. Just Missed Earnings - But Analysts Have Updated Their ModelsAs you might know, Calian Group Ltd. ( TSE:CGY ) last week released its latest quarterly, and things did not turn out...Price Target Changed • May 15Price target decreased by 14% to CA$58.86Down from CA$68.57, the current price target is an average from 7 analysts. New target price is 44% above last closing price of CA$41.00. Stock is down 29% over the past year. The company is forecast to post earnings per share of CA$0.93 for next year compared to CA$0.94 last year.분석 기사 • May 15Is Calian Group (TSE:CGY) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...공시 • May 15Calian Group Ltd. Declares Quarterly Dividend, Payable on June 10, 2025On May 13, 2025, Calian Group Ltd. declared a quarterly dividend of $0.28 per share. The dividend is payable June 10, 2025, to shareholders of record as of May 27, 2025.공시 • May 14Calian Group Ltd. (TSX:CGY) acquired Advanced Medical Solutions Inc.Calian Group Ltd. (TSX:CGY) acquired Advanced Medical Solutions Inc on May 14, 2025. Calian Group Ltd. (TSX:CGY) completed the acquisition of Advanced Medical Solutions Inc on May 14, 2025.공시 • Apr 26Calian Group Ltd. Announces Appointment to Board of DirectorsCalian Group Ltd. announced the appointment of Eric Demirian to its Board of Directors. Since 2003, Demirian has served as President of Parklea Capital Inc., a boutique financial and strategy advisory firm, and of Demicap Inc., a private investment firm. He was previously Executive Vice President at Group Telecom Inc. (2000–2003) and a partner at PricewaterhouseCoopers LLP (1983–2000), where he led the Information and Communications Practice. Demirian holds a Bachelor of Business Management from Toronto Metropolitan University and is a CPA, CGA and CA. Demirian has been Chair of the Board of Descartes Systems Group Inc. since 2014, having joined the board in 2011 and previously chaired its Audit Committee. He currently serves on Descartes’ Audit and Corporate Governance Committees. He is also a director of IMAX Corporation and has held board and audit committee roles at a number of public and private companies, including Enghouse Systems Ltd. from 2004 through 2025. Demirian’s appointment is effective immediately. With the recent additions of Josh Blair and Lisa Greatrix in February, the appointment of Demirian brings the total number of board members to 10, of which nine are independent and half are women.Major Estimate Revision • Feb 20Consensus EPS estimates fall by 20%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from CA$2.50 to CA$1.99 per share. Revenue forecast steady at CA$818.1m. Net income forecast to grow 427% next year vs 33% growth forecast for Commercial Services industry in Canada. Consensus price target down from CA$70.86 to CA$69.29. Share price fell 11% to CA$44.24 over the past week.Recent Insider Transactions • Feb 19Independent Director recently bought CA$221k worth of stockOn the 18th of February, Josh Blair bought around 5k shares on-market at roughly CA$44.20 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$451k more in shares than they have sold in the last 12 months.새로운 내러티브 • Feb 18Leveraging $50 Million NATO Contracts Will Expand US Defense Presence Calian Group is leveraging geopolitical pressures to boost defense demand, driving consistent revenue and earnings growth through defense contracts and strategic hiring. 분석 기사 • Feb 18Calian Group (TSE:CGY) Will Pay A Dividend Of CA$0.28Calian Group Ltd. ( TSE:CGY ) has announced that it will pay a dividend of CA$0.28 per share on the 12th of March. This...공시 • Feb 16+ 2 more updatesCalian Group Ltd. to Report Q4, 2025 Results on Nov 26, 2025Calian Group Ltd. announced that they will report Q4, 2025 results on Nov 26, 2025Declared Dividend • Feb 16First quarter dividend of CA$0.28 announcedDividend of CA$0.28 is the same as last year. Ex-date: 26th February 2025 Payment date: 12th March 2025 Dividend yield will be 2.5%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is not covered by earnings (283% earnings payout ratio). However, it is well covered by cash flows (21% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. The company's earnings per share (EPS) would need to grow by 215% to bring the payout ratio under control. EPS is expected to grow by 316% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.공시 • Feb 15+ 1 more updateCalian Group Ltd. Provides Revenue Guidance for the Year Ending September 30, 2025Calian Group Ltd. provided revenue guidance for the year ending September 30, 2025. For the period, the company expected revenue in the range of $800,000,000 to $880,000,000, with the midpoint of $840,000,000.Reported Earnings • Feb 13First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: CA$0.08 loss per share (down from CA$0.47 profit in 1Q 2024). Revenue: CA$185.0m (up 3.3% from 1Q 2024). Net loss: CA$976.0k (down 118% from profit in 1Q 2024). Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Commercial Services industry in Canada. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings.공시 • Jan 31Calian Group Ltd. to Report Q1, 2025 Results on Feb 13, 2025Calian Group Ltd. announced that they will report Q1, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 13, 2025Recent Insider Transactions • Dec 31Independent Director recently bought CA$82k worth of stockOn the 27th of December, Valerie Sorbie bought around 2k shares on-market at roughly CA$48.27 per share. This transaction increased Valerie's direct individual holding by 4x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$200k more in shares than they have sold in the last 12 months.Recent Insider Transactions Derivative • Dec 11Independent Director exercised options and sold CA$57k worth of stockOn the 9th of December, Young Park exercised 5.00k options at around CA$36.49, then sold 4k of the shares acquired at an average of CA$50.09 per share and kept the remainder. Since December 2023, Young's direct individual holding has increased from 3.88k shares to 4.00k. Company insiders have collectively bought CA$847k more than they sold, via options and on-market transactions, in the last 12 months.공시 • Dec 09Calian Group Ltd., Annual General Meeting, Feb 13, 2025Calian Group Ltd., Annual General Meeting, Feb 13, 2025.분석 기사 • Dec 05Calian Group (TSE:CGY) Has Affirmed Its Dividend Of CA$0.28Calian Group Ltd.'s ( TSE:CGY ) investors are due to receive a payment of CA$0.28 per share on 23rd of December. The...분석 기사 • Dec 04Some Investors May Be Willing To Look Past Calian Group's (TSE:CGY) Soft EarningsSoft earnings didn't appear to concern Calian Group Ltd.'s ( TSE:CGY ) shareholders over the last week. We did some...공시 • Dec 04Calian Group Ltd. Appoints Leeana Smith-Ryland as PresidentCalian Group Ltd. announced the launch of an independent U.S.-focused subsidiary, Calian US Inc. The subsidiary, focused on U.S. federal government and defense opportunities will be led by Leeana Smith-Ryland as president. Leeana Smith-Ryland, a seasoned leader with a successful track record, has been appointed as President of Calian US Inc. Smith-Ryland brings over two decades of experience in the communications and defense industries, including as the head of Calian Pacific Teleport (CPT), a leading provider of satellite communications services. Under her leadership, CPT has expanded its global footprint and enhanced its service offerings to meet the evolving needs of clients worldwide.Major Estimate Revision • Dec 03Consensus EPS estimates fall by 14%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from CA$2.90 to CA$2.50 per share. Revenue forecast steady at CA$821.3m. Net income forecast to grow 137% next year vs 42% growth forecast for Commercial Services industry in Canada. Consensus price target broadly unchanged at CA$70.86. Share price rose 5.2% to CA$50.49 over the past week.Declared Dividend • Nov 28Fourth quarter dividend of CA$0.28 announcedDividend of CA$0.28 is the same as last year. Ex-date: 9th December 2024 Payment date: 23rd December 2024 Dividend yield will be 2.3%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by both earnings (79% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. EPS is expected to grow by 203% over the next 3 years, which should provide support to the dividend and adequate earnings cover.New Risk • Nov 26New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.5% Last year net profit margin: 2.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.5% net profit margin).공시 • Nov 26Calian Group Ltd. Declares Quarterly Dividend, Payable on December 23, 2024On November 25, 2024, Calian declared a quarterly dividend of $0.28 per share. The dividend is payable December 23, 2024, to shareholders of record as of December 9, 2024. Dividends paid by the Company are considered “eligible dividend” for tax purposes.공시 • Nov 21Calian Group Ltd. to Report Q4, 2024 Results on Nov 26, 2024Calian Group Ltd. announced that they will report Q4, 2024 results Pre-Market on Nov 26, 2024Recent Insider Transactions Derivative • Nov 18Key Executive exercised options to buy CA$113k worth of stock.On the 15th of November, Patrick Houston exercised options to buy 2k shares at a strike price of around CA$48.88, costing a total of CA$113k. This transaction amounted to 24% of their direct individual holding at the time of the trade. Since December 2023, Patrick's direct individual holding has increased from 7.27k shares to 9.60k. Company insiders have collectively bought CA$438k more than they sold, via options and on-market transactions, in the last 12 months.Major Estimate Revision • Aug 14Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CA$784.1m to CA$759.8m. EPS estimate also fell from CA$1.81 per share to CA$1.54 per share. Net income forecast to grow 61% next year vs 36% growth forecast for Commercial Services industry in Canada. Consensus price target down from CA$78.57 to CA$71.86. Share price fell 15% to CA$45.99 over the past week.분석 기사 • Aug 13Calian Group's (TSE:CGY) Dividend Will Be CA$0.28Calian Group Ltd.'s ( TSE:CGY ) investors are due to receive a payment of CA$0.28 per share on 4th of September. The...Declared Dividend • Aug 12Third quarter dividend of CA$0.28 announcedDividend of CA$0.28 is the same as last year. Ex-date: 21st August 2024 Payment date: 4th September 2024 Dividend yield will be 2.4%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by both earnings (79% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. EPS is expected to grow by 161% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Price Target Changed • Aug 11Price target decreased by 7.8% to CA$72.43Down from CA$78.57, the current price target is an average from 7 analysts. New target price is 58% above last closing price of CA$45.80. Stock is down 17% over the past year. The company is forecast to post earnings per share of CA$1.45 for next year compared to CA$1.61 last year.Reported Earnings • Aug 08Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: CA$0.11 (down from CA$0.40 in 3Q 2023). Revenue: CA$185.0m (up 11% from 3Q 2023). Net income: CA$1.30m (down 72% from 3Q 2023). Profit margin: 0.7% (down from 2.8% in 3Q 2023). Revenue missed analyst estimates by 5.7%. Earnings per share (EPS) also missed analyst estimates by 77%. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Commercial Services industry in Canada. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.공시 • Aug 08+ 1 more updateCalian Group Ltd. Provides Revenue Guidance for the Year Ending September 30, 2024Calian Group Ltd. provided revenue guidance for the year ending September 30, 2024. For the period, the company expects revenue in the range of $750,000,000 to $810,000,000, with the midpoint of $780,000,000.공시 • Jul 25Calian Group Ltd. to Report Q3, 2024 Results on Aug 07, 2024Calian Group Ltd. announced that they will report Q3, 2024 results at 4:00 PM, US Eastern Standard Time on Aug 07, 2024Recent Insider Transactions Derivative • Jul 09Key Executive exercised options to buy CA$65k worth of stock.On the 5th of July, Patrick Houston exercised options to buy 1k shares at a strike price of around CA$55.17, costing a total of CA$68k. This transaction amounted to 15% of their direct individual holding at the time of the trade. Since September 2023, Patrick's direct individual holding has increased from 5.27k shares to 7.99k. Company insiders have collectively bought CA$444k more than they sold, via options and on-market transactions, in the last 12 months.Recent Insider Transactions Derivative • Jul 01Independent Director exercised options and sold CA$79k worth of stockOn the 28th of June, Raymond Basler exercised 4k options at a strike price of around CA$36.49 and sold these shares for an average price of CA$56.20 per share. This trade did not impact their existing holding. Since September 2023, Raymond's direct individual holding has increased from 26.18k shares to 28.36k. Company insiders have collectively bought CA$376k more than they sold, via options and on-market transactions, in the last 12 months.이익 및 매출 성장 예측TSX:CGY - 애널리스트 향후 추정치 및 과거 재무 데이터 (CAD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수9/30/202899937718439/30/202794128617379/30/202687518475973/31/2026832332639N/A12/31/2025797273748N/A9/30/2025774213545N/A6/30/2025752-14958N/A3/31/202574503848N/A12/31/202475256474N/A9/30/2024747117587N/A6/30/2024741177991N/A3/31/2024723206879N/A12/31/2023690203949N/A9/30/2023659194857N/A6/30/2023643152634N/A3/31/2023627174551N/A12/31/2022600145864N/A9/30/2022582143643N/A6/30/2022549146371N/A3/31/202253594352N/A12/31/2021532133139N/A9/30/2021518113947N/A6/30/2021514171219N/A3/31/2021483192833N/A12/31/2020449191521N/A9/30/202043220-9-3N/A6/30/202040022-7-2N/A3/31/202038322-15-9N/A12/31/201936221N/A0N/A9/30/201934320N/A14N/A6/30/201933116N/A23N/A3/31/201931515N/A20N/A12/31/201830915N/A20N/A9/30/201830516N/A11N/A6/30/201829916N/A0N/A3/31/201829316N/A6N/A12/31/201728316N/A14N/A9/30/201727515N/A25N/A6/30/201727214N/A31N/A3/31/201727815N/A29N/A12/31/201627914N/A23N/A9/30/201627514N/A15N/A6/30/201626713N/A10N/A3/31/201625811N/A6N/A12/31/201525110N/A2N/A9/30/201524210N/A-3N/A6/30/20152369N/A3N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: CGY 의 연간 예상 수익 증가율(10.2%)이 saving rate(3%)보다 높습니다.수익 vs 시장: CGY 의 연간 수익(10.2%)이 Canadian 시장(10.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: CGY 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: CGY 의 수익(연간 7.4%)이 Canadian 시장(연간 4.5%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: CGY 의 수익(연간 7.4%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: CGY의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YCommercial-services 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/10 08:47종가2026/06/10 00:00수익2026/03/31연간 수익2025/09/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Calian Group Ltd.는 10명의 분석가가 다루고 있습니다. 이 중 7명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Jim ByrneAcumen Capital Finance Partners LimitedNicholas BoychukATB CormarkDeepak KaushalBMO Capital Markets Equity Research7명의 분석가 더 보기
분석 기사 • May 17Results: Calian Group Ltd. Beat Earnings Expectations And Analysts Now Have New ForecastsCalian Group Ltd. ( TSE:CGY ) defied analyst predictions to release its second-quarter results, which were ahead of...
Price Target Changed • May 17Price target increased by 7.5% to CA$91.08Up from CA$84.75, the current price target is an average from 6 analysts. New target price is 13% above last closing price of CA$80.64. Stock is up 100% over the past year. The company is forecast to post earnings per share of CA$1.31 for next year compared to CA$1.78 last year.
Major Estimate Revision • Feb 19Consensus EPS estimates fall by 37%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from CA$2.40 to CA$1.53 per share. Revenue forecast steady at CA$853.4m. Net income forecast to shrink 20% next year vs 15% growth forecast for Commercial Services industry in Canada . Consensus price target up from CA$73.38 to CA$82.64. Share price rose 15% to CA$76.30 over the past week.
Price Target Changed • Jan 29Price target increased by 8.1% to CA$70.64Up from CA$65.33, the current price target is an average from 7 analysts. New target price is 6.1% above last closing price of CA$66.56. Stock is up 33% over the past year. The company is forecast to post earnings per share of CA$2.40 for next year compared to CA$1.78 last year.
분석 기사 • Aug 16Calian Group Ltd. Just Missed Earnings - But Analysts Have Updated Their ModelsTSX:CGY 1 Year Share Price vs Fair Value Explore Calian Group's Fair Values from the Community and select yours It's...
Major Estimate Revision • May 21Consensus EPS estimates fall by 54%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CA$818.1m to CA$798.6m. EPS estimate also fell from CA$2.00 per share to CA$0.927 per share. Net income forecast to grow 42,713% next year vs 40% growth forecast for Commercial Services industry in Canada. Consensus price target down from CA$68.57 to CA$57.43. Share price fell 18% to CA$40.05 over the past week.
내러티브 업데이트 • Jun 04CGY: Defence Strategy Role And Credit Capacity Shape Balanced Future OutlookThe analyst price target for Calian Group has been lifted to CA$100, up from CA$90, as analysts highlight the company's role as Canada's Defence Industrial Strategy champion and its focus on profitable growth with potential margin expansion. Analyst Commentary Recent research points to a more constructive view on Calian Group, with bullish analysts lifting price targets into the C$90 to C$100 range and tying their outlook to the company’s positioning within Canada’s Defence Industrial Strategy and its focus on profitable growth.
Recent Insider Transactions Derivative • May 25CEO & Director exercised options and sold CA$139k worth of stockOn the 20th of May, Patrick Houston exercised 6k options at a strike price of around CA$58.90 and sold these shares for an average price of CA$80.50 per share. This trade did not impact their existing holding. For the year to September 2019, Patrick's total compensation was 26% salary and 74% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2025, Patrick has owned 22.27k shares directly. Company insiders have collectively bought CA$2.4m more than they sold, via options and on-market transactions, in the last 12 months.
Declared Dividend • May 18Second quarter dividend of CA$0.28 announcedDividend of CA$0.28 is the same as last year. Ex-date: 27th May 2026 Payment date: 10th June 2026 Dividend yield will be 1.4%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. EPS is expected to grow by 4.9% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
분석 기사 • May 17Results: Calian Group Ltd. Beat Earnings Expectations And Analysts Now Have New ForecastsCalian Group Ltd. ( TSE:CGY ) defied analyst predictions to release its second-quarter results, which were ahead of...
Price Target Changed • May 17Price target increased by 7.5% to CA$91.08Up from CA$84.75, the current price target is an average from 6 analysts. New target price is 13% above last closing price of CA$80.64. Stock is up 100% over the past year. The company is forecast to post earnings per share of CA$1.31 for next year compared to CA$1.78 last year.
Reported Earnings • May 15Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: CA$0.59 (up from CA$0.025 in 2Q 2025). Revenue: CA$228.7m (up 18% from 2Q 2025). Net income: CA$6.72m (up CA$6.42m from 2Q 2025). Profit margin: 2.9% (up from 0.2% in 2Q 2025). Revenue exceeded analyst estimates by 6.0%. Earnings per share (EPS) also surpassed analyst estimates by 41%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 1.8% decline forecast for the Commercial Services industry in Canada. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 9% per year.
공시 • May 15Calian Group Ltd. Declares Quarterly Dividend, Payable on June 10, 2026On May 13, 2026, Calian Group Ltd. declared a quarterly dividend of $0.28 per share. The dividend is payable June 10, 2026, to shareholders of record as of May 27, 2026. Dividends paid by the Company are considered “eligible dividend” for tax purposes.
분석 기사 • May 15Is Calian Group Ltd. (TSE:CGY) Potentially Undervalued?Calian Group Ltd. ( TSE:CGY ), is not the largest company out there, but it saw a significant share price rise of 34...
Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CA$82.24, the stock trades at a forward P/E ratio of 91x. Average forward P/E is 15x in the Commercial Services industry in Canada. Total returns to shareholders of 39% over the past three years.
내러티브 업데이트 • Apr 27CGY: Defence Partnerships And Credit Capacity Expansion Will Drive Future UpsideAnalysts have lifted their average Calian Group price target toward the CA$78 to CA$80 range, reflecting updated assumptions for discount rate, revenue growth, profit margin and future P/E, alongside recent target increases from multiple research shops. Analyst Commentary Recent Street research on Calian Group has centered on refreshed price targets in the CA$78 to CA$80 range and a generally constructive stance on the shares.
내러티브 업데이트 • Apr 10CGY: Defence Collaborations And Higher P E Assumptions Will Shape Future UpsideCalian Group's analyst price targets have been raised into a CA$78 to CA$80 range, with analysts pointing to their updated work on discount rates, revenue growth and P/E assumptions as support for the higher valuation. Analyst Commentary Recent research points to a cluster of higher price targets for Calian Group in the CA$78 to CA$80 range, with bullish analysts publishing updated work that feeds into these levels.
공시 • Mar 27Calian Group Ltd. Announces Resignation of Derek Clark as PresidentCalian Group Ltd. announced that Derek Clark, President of the company’s Essential Industries business unit, will be leaving the Company to pursue a new opportunity. The Essential Industries business continues to be supported by a strong and experienced leadership team, with Vice Presidents across the divisions working together to maintain continuity as the Company undertakes a search for a new President.
내러티브 업데이트 • Mar 27CGY: Defence Partnerships And Higher Earnings Expectations Will Shape Future Upside PotentialThe fair value estimate for Calian Group has been nudged higher to CA$84.75, supported by analysts lifting their price targets to CA$78 and CA$80 and reflecting updated assumptions for revenue growth, profit margins and future P/E levels. Analyst Commentary Recent Street research on Calian Group points to a more constructive stance on the company, with several firms updating their price targets and formal coverage views.
내러티브 업데이트 • Mar 13CGY: Defence Partnerships And Refined Expectations Will Shape A Balanced Return ProfileThe updated analyst price target for Calian Group edges higher to CA$84.07 from CA$82.64. This reflects analysts' refreshed views following a series of upward target revisions from CA$66 to CA$78 and from CA$63 to CA$80, as well as a new bullish initiation.
Recent Insider Transactions Derivative • Feb 27Independent Director exercised options to buy CA$146k worth of stock.On the 26th of February, Royden Richardson exercised options to buy 2k shares at a strike price of around CA$60.35, costing a total of CA$110k. This transaction amounted to 14% of their direct individual holding at the time of the trade. Since March 2025, Royden's direct individual holding has increased from 6.68k shares to 12.72k. Company insiders have collectively bought CA$2.6m more than they sold, via options and on-market transactions, in the last 12 months.
내러티브 업데이트 • Feb 26CGY: Defence Collaboration And Cautious Buybacks Will Shape A Balanced Return ProfileAnalysts have lifted their average Calian Group price target from about CA$73.38 to roughly CA$82.64. This reflects updated views on growth, profitability assumptions and a lower future P/E multiple, in line with recent target increases from CA$66 to CA$78 and from CA$63 to CA$80.
공시 • Feb 24Calian Group Ltd. Appoints Will Majic as Acting Chief Financial Officer, Effective from February 23, 2026Calian Group Ltd. announced the appointment of Will Majic as acting Chief Financial Officer, effective February 23, 2026. Will Majic joined Calian in 2017 and has served as Vice President, Finance, Director of Finance, and Controller. He holds a Bachelor of Commerce from Carleton University, graduating with honours in accounting, and is a Chartered Professional Accountant. Majic has led finance due diligence and integration for 19 acquisitions, supported two equity financings totaling $150 million, and played a key role in establishing a $350 million syndicated credit facility. He also led enterprise-wide ERP implementation and enhanced internal controls, reporting standards and cash flow management to support the company’s expanding operations. During his tenure, Calian's annual revenue grew from approximately $275 million to over $750 million. He has led finance due diligence and integration for 19 acquisitions, supported two equity financings totaling $150 million, and played a key role in establishing a $350 million syndicated credit facility. He also led enterprise-wide ERP implementation and enhanced internal controls, reporting standards and cash flow management to support the company’s expanding operations. A Chartered Professional Accountant, Majic holds a Bachelor of Commerce from Carleton University, graduating with honours in accounting.
Major Estimate Revision • Feb 19Consensus EPS estimates fall by 37%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from CA$2.40 to CA$1.53 per share. Revenue forecast steady at CA$853.4m. Net income forecast to shrink 20% next year vs 15% growth forecast for Commercial Services industry in Canada . Consensus price target up from CA$73.38 to CA$82.64. Share price rose 15% to CA$76.30 over the past week.
Valuation Update With 7 Day Price Move • Feb 19Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CA$76.30, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 18x in the Commercial Services industry in Canada. Total returns to shareholders of 35% over the past three years.
분석 기사 • Feb 16Calian Group (TSE:CGY) Has Announced A Dividend Of CA$0.28Calian Group Ltd.'s ( TSE:CGY ) investors are due to receive a payment of CA$0.28 per share on 11th of March. This...
공시 • Feb 16+ 2 more updatesCalian Group Ltd. to Report Q3, 2026 Results on Aug 13, 2026Calian Group Ltd. announced that they will report Q3, 2026 results on Aug 13, 2026
Declared Dividend • Feb 15First quarter dividend of CA$0.28 announcedDividend of CA$0.28 is the same as last year. Ex-date: 25th February 2026 Payment date: 11th March 2026 Dividend yield will be 1.6%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. EPS is expected to grow by 2.5% over the next year, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 13First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: CA$0.45 (up from CA$0.083 loss in 1Q 2025). Revenue: CA$208.0m (up 12% from 1Q 2025). Net income: CA$5.10m (up CA$6.07m from 1Q 2025). Profit margin: 2.5% (up from net loss in 1Q 2025). Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 7.0%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Commercial Services industry in Canada. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
공시 • Feb 13Calian Group Ltd. Announces Board ChangesCalian Group Ltd., at its annual meeting of shareholders held on February 12, 2026, appointed David 'Jake' Jacobson as directors of the company. The Board of Directors has appointed Valerie Sorbie as Chair of the Board, effective February 12, 2026.
공시 • Feb 12Calian Group Ltd. Declares Quarterly Dividend, Payable March 11, 2026Calian Group Ltd. declared a quarterly dividend of $0.28 per share. The dividend is payable March 11, 2026, to shareholders of record as of February 25, 2026. Dividends paid by the Company are considered “eligible dividend” for tax purposes.
내러티브 업데이트 • Feb 12CGY: Defence Contracts And Buybacks Will Support A Balanced Future Return ProfileAnalysts have lifted their price target on Calian Group to CA$73.38 from CA$67.00, citing a fresh bullish initiation and updated assumptions around the discount rate and future P/E multiples. Analyst Commentary Bullish Takeaways Bullish analysts point to the fresh initiation and updated discount rate assumptions as support for the higher CA$73.38 target, suggesting they see the risk profile as acceptable at this valuation.
새로운 내러티브 • Feb 01Rising Defense And Space Demand Will Support This Undervalued Mission Critical Solutions ProviderCatalysts About Calian Group Calian Group provides mission critical solutions in defense, space, health care, IT and essential industries for government and commercial customers. What are the underlying business or industry changes driving this perspective?
Board Change • Feb 01High number of new directorsCEO & Director Patrick Houston was the last director to join the board, commencing their role in 2026.
공시 • Jan 30Calian Group Ltd. to Report Q1, 2026 Results on Feb 12, 2026Calian Group Ltd. announced that they will report Q1, 2026 results Pre-Market on Feb 12, 2026
Price Target Changed • Jan 29Price target increased by 8.1% to CA$70.64Up from CA$65.33, the current price target is an average from 7 analysts. New target price is 6.1% above last closing price of CA$66.56. Stock is up 33% over the past year. The company is forecast to post earnings per share of CA$2.40 for next year compared to CA$1.78 last year.
내러티브 업데이트 • Jan 29CGY: Defence Contracts And Buybacks Will Support A Measured Future Return ProfileAnalysts now see Calian Group’s fair value at about $67 per share, up from roughly $65.33. This reflects small adjustments to the discount rate, revenue growth, profit margin and expected future P/E assumptions.
내러티브 업데이트 • Jan 15CGY: Higher Fair Value And Defence Contracts Will Shape Balanced Return OutlookAnalysts have raised their price target on Calian Group to C$62 from C$59, reflecting updated fair value analysis and revised assumptions for discount rate, growth, margins, and future P/E. Analyst Commentary Bullish Takeaways Bullish analysts see the higher C$62 target as better aligning the share price with their updated fair value work, rather than as a stretch target.
Recent Insider Transactions Derivative • Dec 12President exercised options to buy CA$178k worth of stock.On the 9th of December, Kevin Ford exercised options to buy 3k shares at a strike price of around CA$57.53, costing a total of CA$175k. This transaction amounted to 4.8% of their direct individual holding at the time of the trade. Since December 2024, Kevin's direct individual holding has increased from 47.92k shares to 67.07k. Company insiders have collectively bought CA$2.7m more than they sold, via options and on-market transactions, in the last 12 months.
분석 기사 • Dec 11Calian Group Ltd. (TSE:CGY) Stocks Shoot Up 25% But Its P/E Still Looks ReasonableCalian Group Ltd. ( TSE:CGY ) shares have had a really impressive month, gaining 25% after a shaky period beforehand...
Recent Insider Transactions • Dec 03Independent Director recently bought CA$125k worth of stockOn the 28th of November, Royden Richardson bought around 2k shares on-market at roughly CA$52.00 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$713k more in shares than they have sold in the last 12 months.
Declared Dividend • Nov 28Fourth quarter dividend of CA$0.28 announcedDividend of CA$0.28 is the same as last year. Ex-date: 9th December 2025 Payment date: 23rd December 2025 Dividend yield will be 2.1%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by both earnings (63% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. EPS is expected to grow by 101% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • Nov 27Calian Group Ltd. Declares Quarterly Dividend, Payable on December 23, 2025On November 25, 2025, Calian Group Ltd. declared a quarterly dividend of $0.28 per share. The dividend is payable December 23, 2025, to shareholders of record as of December 9, 2025.
Reported Earnings • Nov 26Full year 2025 earnings releasedFull year 2025 results: Net income: (down CA$11.2m from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
New Risk • Nov 26New major risk - Revenue and earnings growthEarnings have declined by 17% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risk Paying a dividend despite being loss-making.
공시 • Nov 24Calian Group Ltd., Annual General Meeting, Feb 12, 2026Calian Group Ltd., Annual General Meeting, Feb 12, 2026.
Recent Insider Transactions Derivative • Nov 23President exercised options to buy CA$647k worth of stock.On the 19th of November, Kevin Ford exercised options to buy 14k shares at a strike price of around CA$51.50, costing a total of CA$727k. This transaction amounted to 28% of their direct individual holding at the time of the trade. Since December 2024, Kevin's direct individual holding has increased from 47.92k shares to 49.92k. Company insiders have collectively bought CA$1.7m more than they sold, via options and on-market transactions, in the last 12 months.
분석 기사 • Nov 21These 4 Measures Indicate That Calian Group (TSE:CGY) Is Using Debt ExtensivelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
공시 • Nov 12Calian Group Ltd. Announces Board ChangesCalian Group Ltd. announced that George Weber and Kevin Ford will retire from the board as previously announced. In addition, Jo-Anne Poirier has advised the board that she will not stand for re-election at the next annual meeting. As part of this board renewal process, which began with the addition of Lisa Greatrix, Josh Blair, and Eric Demirian to the Board earlier this year, Calian confirmed that incoming CEO Patrick Houston will join the board following his formal appointment on January 1, 2026.
공시 • Oct 07Calian Group Ltd. Announces CEO ChangesCalian Group Ltd. announced that Kevin Ford will retire as Chief Executive Officer after 10 years as CEO and 15 years with the company. Mr. Ford will remain CEO until the end of 2025 to ensure a smooth transition for all stakeholders. In accordance with the Board of Directors’ comprehensive succession planning process, the Board has appointed Patrick Houston, currently Chief Financial Officer and Chief Development Officer, as incoming Chief Executive Officer, effective January 1, 2026, and will initiate a search for a new CFO to succeed Mr. Houston. Under Mr. Ford’s leadership, Calian has experienced a decade of transformation and record growth. Since joining Calian in 2019, Mr. Houston has overseen finance, mergers and acquisitions, corporate development, investor relations, legal, and ESG. He has spearheaded 15 strategic acquisitions that have been pivotal in scaling the business and enabling significant international expansion. More recently, in his capacity as Chief Development Officer, Mr. Houston has successfully developed and implemented growth strategies for Calian’s GNSS, Nuclear, AgTech, and Composites divisions, which have delivered substantial organic growth for the company. Prior to joining Calian, Mr. Houston held senior financial and operational leadership roles at DragonWave, CanvasPop, and Corsa Security, and began his career at Deloitte. He has also served on several boards, including the Canadian Association of Defence and Security Industries (CADSI), Cliniconex, Kids Up Front Ottawa, and Field Effect Software.
공시 • Sep 23Calian Group Ltd. Launches Canada's First Defence Innovation Orchestrator to Scale Small to Mid-Sized EnterpriseCalian Group Ltd. announced the launch of Calian Ventures, a initiative helping Canada's small to mid-sized enterprise (SMEs) and partners scale proven Canadian defence solutions into sovereign capabilities to meet the evolving needs of the Canadian Armed Forces (CAF). Working with Canadian partners including academia, financial institutions, and business support organizations, Calian Ventures will initially focus on three priority streams: command and control decision support systems, autonomous systems and space resource orchestration. SMEs will work with Calian and its partners to help test, validate and scale their technologies into Canadian and allied procurements while maintaining their intellectual property. According to the State of Canada's Defence Industry 2024 report, Canada's defence industrial base includes 5585 firms generating $14.3 billion in revenue and supporting over 81,000 jobs. More than 85% of these companies are SMEs with fewer than 250 employees. These firms are the drivers of innovation yet often face challenges scaling solutions into large programs for the CAF. Federal initiatives such as the Innovation for Defence Excellence and Security (IDEaS) program have funded over 600 innovation projects since 2018, engaging hundreds of SMEs and sparking promising technologies. Calian Ventures is designed to complement and build on the success of programs like IDEaS by providing SMEs with additional pathways to test, validate and scale their solutions into operational capabilities for the CAF and allied markets.
분석 기사 • Aug 16Calian Group Ltd. Just Missed Earnings - But Analysts Have Updated Their ModelsTSX:CGY 1 Year Share Price vs Fair Value Explore Calian Group's Fair Values from the Community and select yours It's...
Declared Dividend • Aug 15Third quarter dividend of CA$0.28 announcedDividend of CA$0.28 is the same as last year. Ex-date: 26th August 2025 Payment date: 9th September 2025 Dividend yield will be 2.4%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (26% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability.
Reported Earnings • Aug 14Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: CA$0.051 (down from CA$0.11 in 3Q 2024). Revenue: CA$192.2m (up 3.9% from 3Q 2024). Net income: CA$590.0k (down 55% from 3Q 2024). Profit margin: 0.3% (down from 0.7% in 3Q 2024). Revenue missed analyst estimates by 6.8%. Earnings per share (EPS) also missed analyst estimates by 90%. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, while revenues in the Commercial Services industry in Canada are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
공시 • Aug 14Calian Group Ltd. Declares Quarterly Dividend, Payable on September 9, 2025On August 12, 2025, Calian Group Ltd. declared a quarterly dividend of $0.28 per share. The dividend is payable September 9, 2025, to shareholders of record as of August 26, 2025.
분석 기사 • Jun 26Market Might Still Lack Some Conviction On Calian Group Ltd. (TSE:CGY) Even After 27% Share Price BoostCalian Group Ltd. ( TSE:CGY ) shareholders would be excited to see that the share price has had a great month, posting...
공시 • Jun 24Calian Group Ltd Appoints Chris Pogue as President, Defence & Space, Effective July 7, 2025Calian Group Ltd. announced that Chris Pogue will join the company as President, Defence & Space, effective July 7, 2025. In this newly created role, Pogue will lead a high-performance organization that brings together Calian’s Advanced Technologies and Learning business units—leveraging the synergies of its communications and manufacturing solutions alongside its immersive training and simulation expertise to accelerate mission success for defence and space customers alike. Pogue brings over 20 years of senior executive experience. He most recently served as President and CEO of Thales Canada, where he expanded naval support services, re-established land-forces capabilities, and guided key AI and digital transformation initiatives. Prior to Thales, he led MDA Government’s Defence Space portfolio and held leadership roles at General Dynamics Mission Systems Canada and CAE Professional Services. Throughout his career, Pogue has championed the development of innovation ecosystems by connecting Canadian small and medium-sized businesses to national defence and space priorities. A retired Royal Canadian Air Force officer with more than 3,500 flight hours on the C-130 Hercules.
Recent Insider Transactions • May 29Director recently bought CA$72k worth of stockOn the 26th of May, Eric Demirian bought around 2k shares on-market at roughly CA$38.00 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$638k more in shares than they have sold in the last 12 months.
Major Estimate Revision • May 21Consensus EPS estimates fall by 54%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CA$818.1m to CA$798.6m. EPS estimate also fell from CA$2.00 per share to CA$0.927 per share. Net income forecast to grow 42,713% next year vs 40% growth forecast for Commercial Services industry in Canada. Consensus price target down from CA$68.57 to CA$57.43. Share price fell 18% to CA$40.05 over the past week.
분석 기사 • May 18Calian Group (TSE:CGY) Will Pay A Dividend Of CA$0.28Calian Group Ltd.'s ( TSE:CGY ) investors are due to receive a payment of CA$0.28 per share on 10th of June. Based on...
Declared Dividend • May 18Second quarter dividend of CA$0.28 announcedDividend of CA$0.28 is the same as last year. Ex-date: 27th May 2025 Payment date: 10th June 2025 Dividend yield will be 2.8%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 132x earnings). However, it is well covered by cash flows (35% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. The company's earnings per share (EPS) would need to grow by 14,599% to bring the payout ratio under control. EPS is expected to grow by 534% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
분석 기사 • May 17Calian Group Ltd. Just Missed Earnings - But Analysts Have Updated Their ModelsAs you might know, Calian Group Ltd. ( TSE:CGY ) last week released its latest quarterly, and things did not turn out...
Price Target Changed • May 15Price target decreased by 14% to CA$58.86Down from CA$68.57, the current price target is an average from 7 analysts. New target price is 44% above last closing price of CA$41.00. Stock is down 29% over the past year. The company is forecast to post earnings per share of CA$0.93 for next year compared to CA$0.94 last year.
분석 기사 • May 15Is Calian Group (TSE:CGY) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
공시 • May 15Calian Group Ltd. Declares Quarterly Dividend, Payable on June 10, 2025On May 13, 2025, Calian Group Ltd. declared a quarterly dividend of $0.28 per share. The dividend is payable June 10, 2025, to shareholders of record as of May 27, 2025.
공시 • May 14Calian Group Ltd. (TSX:CGY) acquired Advanced Medical Solutions Inc.Calian Group Ltd. (TSX:CGY) acquired Advanced Medical Solutions Inc on May 14, 2025. Calian Group Ltd. (TSX:CGY) completed the acquisition of Advanced Medical Solutions Inc on May 14, 2025.
공시 • Apr 26Calian Group Ltd. Announces Appointment to Board of DirectorsCalian Group Ltd. announced the appointment of Eric Demirian to its Board of Directors. Since 2003, Demirian has served as President of Parklea Capital Inc., a boutique financial and strategy advisory firm, and of Demicap Inc., a private investment firm. He was previously Executive Vice President at Group Telecom Inc. (2000–2003) and a partner at PricewaterhouseCoopers LLP (1983–2000), where he led the Information and Communications Practice. Demirian holds a Bachelor of Business Management from Toronto Metropolitan University and is a CPA, CGA and CA. Demirian has been Chair of the Board of Descartes Systems Group Inc. since 2014, having joined the board in 2011 and previously chaired its Audit Committee. He currently serves on Descartes’ Audit and Corporate Governance Committees. He is also a director of IMAX Corporation and has held board and audit committee roles at a number of public and private companies, including Enghouse Systems Ltd. from 2004 through 2025. Demirian’s appointment is effective immediately. With the recent additions of Josh Blair and Lisa Greatrix in February, the appointment of Demirian brings the total number of board members to 10, of which nine are independent and half are women.
Major Estimate Revision • Feb 20Consensus EPS estimates fall by 20%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from CA$2.50 to CA$1.99 per share. Revenue forecast steady at CA$818.1m. Net income forecast to grow 427% next year vs 33% growth forecast for Commercial Services industry in Canada. Consensus price target down from CA$70.86 to CA$69.29. Share price fell 11% to CA$44.24 over the past week.
Recent Insider Transactions • Feb 19Independent Director recently bought CA$221k worth of stockOn the 18th of February, Josh Blair bought around 5k shares on-market at roughly CA$44.20 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$451k more in shares than they have sold in the last 12 months.
새로운 내러티브 • Feb 18Leveraging $50 Million NATO Contracts Will Expand US Defense Presence Calian Group is leveraging geopolitical pressures to boost defense demand, driving consistent revenue and earnings growth through defense contracts and strategic hiring.
분석 기사 • Feb 18Calian Group (TSE:CGY) Will Pay A Dividend Of CA$0.28Calian Group Ltd. ( TSE:CGY ) has announced that it will pay a dividend of CA$0.28 per share on the 12th of March. This...
공시 • Feb 16+ 2 more updatesCalian Group Ltd. to Report Q4, 2025 Results on Nov 26, 2025Calian Group Ltd. announced that they will report Q4, 2025 results on Nov 26, 2025
Declared Dividend • Feb 16First quarter dividend of CA$0.28 announcedDividend of CA$0.28 is the same as last year. Ex-date: 26th February 2025 Payment date: 12th March 2025 Dividend yield will be 2.5%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is not covered by earnings (283% earnings payout ratio). However, it is well covered by cash flows (21% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. The company's earnings per share (EPS) would need to grow by 215% to bring the payout ratio under control. EPS is expected to grow by 316% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
공시 • Feb 15+ 1 more updateCalian Group Ltd. Provides Revenue Guidance for the Year Ending September 30, 2025Calian Group Ltd. provided revenue guidance for the year ending September 30, 2025. For the period, the company expected revenue in the range of $800,000,000 to $880,000,000, with the midpoint of $840,000,000.
Reported Earnings • Feb 13First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: CA$0.08 loss per share (down from CA$0.47 profit in 1Q 2024). Revenue: CA$185.0m (up 3.3% from 1Q 2024). Net loss: CA$976.0k (down 118% from profit in 1Q 2024). Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Commercial Services industry in Canada. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings.
공시 • Jan 31Calian Group Ltd. to Report Q1, 2025 Results on Feb 13, 2025Calian Group Ltd. announced that they will report Q1, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 13, 2025
Recent Insider Transactions • Dec 31Independent Director recently bought CA$82k worth of stockOn the 27th of December, Valerie Sorbie bought around 2k shares on-market at roughly CA$48.27 per share. This transaction increased Valerie's direct individual holding by 4x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$200k more in shares than they have sold in the last 12 months.
Recent Insider Transactions Derivative • Dec 11Independent Director exercised options and sold CA$57k worth of stockOn the 9th of December, Young Park exercised 5.00k options at around CA$36.49, then sold 4k of the shares acquired at an average of CA$50.09 per share and kept the remainder. Since December 2023, Young's direct individual holding has increased from 3.88k shares to 4.00k. Company insiders have collectively bought CA$847k more than they sold, via options and on-market transactions, in the last 12 months.
공시 • Dec 09Calian Group Ltd., Annual General Meeting, Feb 13, 2025Calian Group Ltd., Annual General Meeting, Feb 13, 2025.
분석 기사 • Dec 05Calian Group (TSE:CGY) Has Affirmed Its Dividend Of CA$0.28Calian Group Ltd.'s ( TSE:CGY ) investors are due to receive a payment of CA$0.28 per share on 23rd of December. The...
분석 기사 • Dec 04Some Investors May Be Willing To Look Past Calian Group's (TSE:CGY) Soft EarningsSoft earnings didn't appear to concern Calian Group Ltd.'s ( TSE:CGY ) shareholders over the last week. We did some...
공시 • Dec 04Calian Group Ltd. Appoints Leeana Smith-Ryland as PresidentCalian Group Ltd. announced the launch of an independent U.S.-focused subsidiary, Calian US Inc. The subsidiary, focused on U.S. federal government and defense opportunities will be led by Leeana Smith-Ryland as president. Leeana Smith-Ryland, a seasoned leader with a successful track record, has been appointed as President of Calian US Inc. Smith-Ryland brings over two decades of experience in the communications and defense industries, including as the head of Calian Pacific Teleport (CPT), a leading provider of satellite communications services. Under her leadership, CPT has expanded its global footprint and enhanced its service offerings to meet the evolving needs of clients worldwide.
Major Estimate Revision • Dec 03Consensus EPS estimates fall by 14%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from CA$2.90 to CA$2.50 per share. Revenue forecast steady at CA$821.3m. Net income forecast to grow 137% next year vs 42% growth forecast for Commercial Services industry in Canada. Consensus price target broadly unchanged at CA$70.86. Share price rose 5.2% to CA$50.49 over the past week.
Declared Dividend • Nov 28Fourth quarter dividend of CA$0.28 announcedDividend of CA$0.28 is the same as last year. Ex-date: 9th December 2024 Payment date: 23rd December 2024 Dividend yield will be 2.3%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by both earnings (79% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. EPS is expected to grow by 203% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
New Risk • Nov 26New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.5% Last year net profit margin: 2.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.5% net profit margin).
공시 • Nov 26Calian Group Ltd. Declares Quarterly Dividend, Payable on December 23, 2024On November 25, 2024, Calian declared a quarterly dividend of $0.28 per share. The dividend is payable December 23, 2024, to shareholders of record as of December 9, 2024. Dividends paid by the Company are considered “eligible dividend” for tax purposes.
공시 • Nov 21Calian Group Ltd. to Report Q4, 2024 Results on Nov 26, 2024Calian Group Ltd. announced that they will report Q4, 2024 results Pre-Market on Nov 26, 2024
Recent Insider Transactions Derivative • Nov 18Key Executive exercised options to buy CA$113k worth of stock.On the 15th of November, Patrick Houston exercised options to buy 2k shares at a strike price of around CA$48.88, costing a total of CA$113k. This transaction amounted to 24% of their direct individual holding at the time of the trade. Since December 2023, Patrick's direct individual holding has increased from 7.27k shares to 9.60k. Company insiders have collectively bought CA$438k more than they sold, via options and on-market transactions, in the last 12 months.
Major Estimate Revision • Aug 14Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CA$784.1m to CA$759.8m. EPS estimate also fell from CA$1.81 per share to CA$1.54 per share. Net income forecast to grow 61% next year vs 36% growth forecast for Commercial Services industry in Canada. Consensus price target down from CA$78.57 to CA$71.86. Share price fell 15% to CA$45.99 over the past week.
분석 기사 • Aug 13Calian Group's (TSE:CGY) Dividend Will Be CA$0.28Calian Group Ltd.'s ( TSE:CGY ) investors are due to receive a payment of CA$0.28 per share on 4th of September. The...
Declared Dividend • Aug 12Third quarter dividend of CA$0.28 announcedDividend of CA$0.28 is the same as last year. Ex-date: 21st August 2024 Payment date: 4th September 2024 Dividend yield will be 2.4%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by both earnings (79% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. EPS is expected to grow by 161% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Price Target Changed • Aug 11Price target decreased by 7.8% to CA$72.43Down from CA$78.57, the current price target is an average from 7 analysts. New target price is 58% above last closing price of CA$45.80. Stock is down 17% over the past year. The company is forecast to post earnings per share of CA$1.45 for next year compared to CA$1.61 last year.
Reported Earnings • Aug 08Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: CA$0.11 (down from CA$0.40 in 3Q 2023). Revenue: CA$185.0m (up 11% from 3Q 2023). Net income: CA$1.30m (down 72% from 3Q 2023). Profit margin: 0.7% (down from 2.8% in 3Q 2023). Revenue missed analyst estimates by 5.7%. Earnings per share (EPS) also missed analyst estimates by 77%. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Commercial Services industry in Canada. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
공시 • Aug 08+ 1 more updateCalian Group Ltd. Provides Revenue Guidance for the Year Ending September 30, 2024Calian Group Ltd. provided revenue guidance for the year ending September 30, 2024. For the period, the company expects revenue in the range of $750,000,000 to $810,000,000, with the midpoint of $780,000,000.
공시 • Jul 25Calian Group Ltd. to Report Q3, 2024 Results on Aug 07, 2024Calian Group Ltd. announced that they will report Q3, 2024 results at 4:00 PM, US Eastern Standard Time on Aug 07, 2024
Recent Insider Transactions Derivative • Jul 09Key Executive exercised options to buy CA$65k worth of stock.On the 5th of July, Patrick Houston exercised options to buy 1k shares at a strike price of around CA$55.17, costing a total of CA$68k. This transaction amounted to 15% of their direct individual holding at the time of the trade. Since September 2023, Patrick's direct individual holding has increased from 5.27k shares to 7.99k. Company insiders have collectively bought CA$444k more than they sold, via options and on-market transactions, in the last 12 months.
Recent Insider Transactions Derivative • Jul 01Independent Director exercised options and sold CA$79k worth of stockOn the 28th of June, Raymond Basler exercised 4k options at a strike price of around CA$36.49 and sold these shares for an average price of CA$56.20 per share. This trade did not impact their existing holding. Since September 2023, Raymond's direct individual holding has increased from 26.18k shares to 28.36k. Company insiders have collectively bought CA$376k more than they sold, via options and on-market transactions, in the last 12 months.
