View ValuationInformation Services 향후 성장Future 기준 점검 3/6Information Services은 연간 수입과 매출이 각각 11.1%와 5.9% 증가할 것으로 예상되고 EPS는 연간 8.6%만큼 증가할 것으로 예상됩니다.핵심 정보11.1%이익 성장률8.62%EPS 성장률Real Estate 이익 성장33.3%매출 성장률5.9%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트20 May 2026최근 향후 성장 업데이트Price Target Changed • Mar 23Price target increased by 8.4% to CA$47.90Up from CA$44.20, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CA$46.26. Stock is up 87% over the past year. The company is forecast to post earnings per share of CA$1.54 for next year compared to CA$1.44 last year.Price Target Changed • Mar 20Price target increased by 11% to CA$47.00Up from CA$42.20, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CA$46.26. Stock is up 89% over the past year. The company is forecast to post earnings per share of CA$1.57 for next year compared to CA$1.11 last year.공시 • Feb 06+ 1 more updateInformation Services Corporation Provides Annual Earnings Guidance and Outlook for 2026Information Services Corporation provided annual earnings guidance and outlook for 2026. For the period, the company expects revenue to be within a range of $273.0 million to $283.0 million.Price Target Changed • Nov 07Price target increased by 7.2% to CA$38.20Up from CA$35.65, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CA$37.25. Stock is up 31% over the past year. The company is forecast to post earnings per share of CA$1.55 for next year compared to CA$1.11 last year.Price Target Changed • Oct 21Price target increased by 7.7% to CA$35.65Up from CA$33.10, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CA$35.80. Stock is up 27% over the past year. The company is forecast to post earnings per share of CA$1.47 for next year compared to CA$1.11 last year.공시 • Jan 28Information Services Corporation Provides Earnings Guidance for the Full Year 2025Information Services Corporation provided earnings guidance for the full year 2025. For the year, the Company expects revenue to be within a range of CAD 257.0 million to CAD 267.0 million.모든 업데이트 보기Recent updates공시 • May 20+ 1 more updatePlenary Americas Lp entered into an arrangement agreement to acquire Information Services Corporation (TSX:ISC) for approximately CAD 970 million.Plenary Americas Lp entered into an arrangement agreement to acquire Information Services Corporation (TSX:ISC) for approximately CAD 970 million on May 19, 2026. ISC will be taken private for cash consideration of CAD 51 per Class A Limited Voting Share representing an enterprise value of CAD 1.2 billion. Following completion of the transaction, it is expected that the shares will be delisted from trading on the Toronto Stock Exchange and an application will be made for ISC to cease to be a reporting issuer. In case of termination of transaction, Plenary Americas will pay a termination fee of CAD 66 million and ICS will pay a termination fee of CAD 55 million. ISC will maintain its Regina, Saskatchewan headquarters and continue to operate independently of Plenary Americas’ other portfolio investments as a leading Saskatchewan-based operator of registry and information services. Shawn Peters, President and chief executive officer of ISC, will continue to lead ISC, supported by the current ISC senior management team. The transaction is subject to approval of merger agreement by target board, approval by regulatory board / committee, approval of offer by target shareholders and subject to court approval. The transaction is not subject to any financing conditions. ISC formed a special committee of the Board of Directors to identify opportunities to maximize value for all shareholders. The deal has been unanimously approved by the board. The expected completion of the transaction is in the third quarter of 2026. RBC Capital Markets, LLC acted as fairness opinion provider for Information Services Corporation. National Bank of Canada Financial Markets acted as fairness opinion provider for the to the Special Committee of Information Services Corporation. RBC Capital Markets Inc. acted as financial advisor for Information Services Corporation. Stikeman Elliott LLP acted as legal advisor for Information Services Corporation and the Special Committee. Barclays Capital Canada Inc. acted as financial advisor for Plenary Americas Lp. Davies Ward Phillips & Vineberg LLP acted as legal advisor for Plenary Americas Lp.Reported Earnings • May 18First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: EPS: CA$0.49 (up from CA$0.40 in 1Q 2025). Revenue: CA$61.8m (up 4.2% from 1Q 2025). Net income: CA$9.16m (up 22% from 1Q 2025). Profit margin: 15% (up from 13% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) exceeded analyst estimates by 52%. Revenue is forecast to grow 5.9% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Real Estate 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 increased by 30% per year, which means it is well ahead of earnings.New Risk • May 17New major risk - Revenue and earnings growthEarnings have declined by 6.3% 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 6.3% per year over the past 5 years. Minor Risk High level of debt (69% net debt to equity).공시 • May 16Information Services Corporation Declares Quarterly Dividend, Payable on or Before July 15, 2026The Board of Directors of Information Services Corporation declared a quarterly cash dividend of CAD 0.23 per Class A Limited Voting Share (Class A Share). The dividend will be paid on or before July 15, 2026 to shareholders of record as of June 30, 2026.공시 • May 09Information Services Corporation to Report Q1, 2026 Results on May 15, 2026Information Services Corporation announced that they will report Q1, 2026 results After-Market on May 15, 2026내러티브 업데이트 • Apr 29ISC: Future Registry Win And Review Process Will Shape Balanced OutlookAnalysts have made a slight adjustment to their implied valuation, maintaining the price target at about CA$49.60, reflecting updated views on discount rates, modest revenue growth expectations, profit margins near 12.8% and a forward P/E of roughly 30.6x. What's in the News The board and a special committee of independent directors are reviewing multiple options to maximize shareholder value, with support from independent advisors.내러티브 업데이트 • Apr 15ISC: Future Registry Mandate Will Drive Long Term Upside PotentialAnalysts have kept their fair value estimate unchanged at CA$49.60 for the Information Services group, pointing to a steady long term earnings outlook that supports a broadly consistent P/E framework, despite only minor technical adjustments to underlying model inputs. What's in the News The board and a special committee of independent directors are reviewing multiple options for the business to identify ways to maximize value for shareholders.내러티브 업데이트 • Apr 01ISC: Future Registry Mandate And Labor Deal Will Shape Balanced OutlookAnalysts have raised their price target on the Information Services group to CA$49.60 from CA$44.20, citing updated assumptions around revenue growth, profit margins, discount rate and forward P/E that collectively support a higher estimated fair value. What's in the News The board and a special committee of independent directors are reviewing multiple options intended to maximize shareholder value.Declared Dividend • Mar 25Fourth quarter dividend of CA$0.23 announcedDividend of CA$0.23 is the same as last year. Ex-date: 31st March 2026 Payment date: 15th April 2026 Dividend yield will be 2.0%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 1.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Price Target Changed • Mar 23Price target increased by 8.4% to CA$47.90Up from CA$44.20, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CA$46.26. Stock is up 87% over the past year. The company is forecast to post earnings per share of CA$1.54 for next year compared to CA$1.44 last year.Reported Earnings • Mar 21Third quarter 2025 earnings released: EPS: CA$0.46 (vs CA$0.23 in 3Q 2024)Third quarter 2025 results: EPS: CA$0.46 (up from CA$0.23 in 3Q 2024). Revenue: CA$65.6m (up 7.7% from 3Q 2024). Net income: CA$8.51m (up 102% from 3Q 2024). Profit margin: 13% (up from 6.9% in 3Q 2024). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.Price Target Changed • Mar 20Price target increased by 11% to CA$47.00Up from CA$42.20, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CA$46.26. Stock is up 89% over the past year. The company is forecast to post earnings per share of CA$1.57 for next year compared to CA$1.11 last year.공시 • Mar 20Information Services Corporation Declares Quarterly Cash Dividend, Payable on or before April 15, 2026The Board of Directors of Information Services Corporation declared a quarterly cash dividend of $0.23 per Class A Limited Voting Share (Class A Share). The dividend will be paid on or before April 15, 2026 to shareholders of record as of March 31, 2026.내러티브 업데이트 • Mar 18ISC: New Global Registry Contract And Wage Deal Will Shape OutlookAnalysts have kept the fair value estimate steady at CA$44.20, with only minimal tweaks to the discount rate, revenue growth, profit margin, and future P/E assumptions, which leaves the overall price target framework effectively unchanged. What's in the News Information Services Corporation was selected through a competitive global process to establish, build and operate the future International Registry for Mining, Agriculture and Construction Equipment for an initial five-year term, with extension options available (Key Developments).내러티브 업데이트 • Mar 03ISC: Medium Term Guidance And Margin Pressure Will Sustain Cautious OutlookAnalysts have made a small adjustment to their CA$ price target for the Information Services group, reflecting slightly updated assumptions for discount rate, revenue growth, profit margins and future P/E expectations, while keeping fair value broadly consistent. What's in the News New annual earnings guidance for 2026, with revenue expected in a range of $273.0 million to $283.0 million, giving you a sense of the company's medium term revenue ambitions (Key Developments).공시 • Mar 02Information Services Corporation to Report Q4, 2025 Results on Mar 19, 2026Information Services Corporation announced that they will report Q4, 2025 results After-Market on Mar 19, 2026내러티브 업데이트 • Feb 17ISC: Lower-End Guidance And Margin Outlook Will Support Fair Long-Term ViewNarrative Update on Information Services Analysts have lifted their price target for the Information Services group by CA$2.00. The change reflects updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E.새로운 내러티브 • Feb 15Real Estate And Credit Tailwinds Will Fade And Pressure Future Earnings StabilityCatalysts About Information Services Information Services operates registry, services and technology businesses that support land, corporate, personal property and regulatory data and workflows. What are the underlying business or industry changes driving this perspective?공시 • Feb 06+ 1 more updateInformation Services Corporation Provides Annual Earnings Guidance and Outlook for 2026Information Services Corporation provided annual earnings guidance and outlook for 2026. For the period, the company expects revenue to be within a range of $273.0 million to $283.0 million.내러티브 업데이트 • Feb 03ISC: Lower-End Revenue Guidance And Completed Buyback Will Anchor Fair OutlookAnalysts now place their price target for Information Services at $42.20, up from $39.80, citing slightly higher assumptions for long term revenue growth and future P/E, along with minor adjustments to the discount rate and profit margin expectations. What's in the News Information Services completed a share repurchase of 300 shares, representing 0.001619% of the company, for CAD 0.0096 million under the buyback announced on June 4, 2025 (Key Developments).새로운 내러티브 • Jan 30Resilient Real Estate And Regulatory Tailwinds Will Support Stronger Long Term Earnings PowerCatalysts About Information Services Information Services operates registries, services, and technology platforms that support property, corporate, and regulatory information transactions. What are the underlying business or industry changes driving this perspective?내러티브 업데이트 • Jan 19ISC: Lower End Revenue Guidance Will Sustain Bearish View On Future UpsideAnalysts have maintained their fair value estimate at $39.80, making only minor adjustments to the discount rate and forward P/E assumptions. These changes reflect fine-tuning of their models on Information Services rather than a shift in their underlying view.내러티브 업데이트 • Jan 04ISC: Neutral Rating And Modest Discount Rate Shift Will Limit Future UpsideAnalysts have raised their price target on Information Services to C$37 from C$34, reflecting modestly lower discount rate assumptions and continued expectations for steady revenue growth and profit margins. Analyst Commentary Analysts describe the revised price target as a reflection of incremental confidence in the company’s long term earnings power, rather than a shift in its overall risk profile.분석 기사 • Dec 30There's Reason For Concern Over Information Services Corporation's (TSE:ISC) Massive 27% Price JumpThe Information Services Corporation ( TSE:ISC ) share price has done very well over the last month, posting an...공시 • Dec 30Information Services Corporation announces Quarterly dividend, payable on January 15, 2026Information Services Corporation announced Quarterly dividend of CAD 0.2300 per share payable on January 15, 2026, ex-date on December 31, 2025 and record date on December 31, 2025.Valuation Update With 7 Day Price Move • Dec 22Investor sentiment improves as stock rises 28%After last week's 28% share price gain to CA$48.50, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 22x in the Real Estate industry in Canada. Total returns to shareholders of 132% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$68.84 per share.내러티브 업데이트 • Dec 21ISC: Steady Core Execution And Neutral Stance Will Shape Future PerformanceAnalysts modestly raised their price target on Information Services to C$37 from C$34, reflecting a slightly lower discount rate and continued confidence in the company’s steady growth and profitability profile. Analyst Commentary Analysts describe the price target increase as a reflection of solid fundamentals rather than a shift to a more aggressive stance, maintaining a balanced view of the company’s risk and reward profile.분석 기사 • Dec 20Here's Why Information Services (TSE:ISC) Has A Meaningful Debt BurdenWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...내러티브 업데이트 • Dec 07ISC: Higher Margins And Cautious Revenue Outlook Will Shape Future PerformanceAnalysts have raised their price target on Information Services to C$39.80 from C$38.20, citing a modestly higher fair value and improved long term profit margin expectations, despite slightly lower projected revenue growth. Analyst Commentary Recent research updates reflect a cautiously constructive stance on Information Services, with modest price target increases signaling incremental confidence rather than a wholesale re-rating of the stock.내러티브 업데이트 • Nov 23ISC: Price Target Revision And Lower Margin Outlook Will Shape PerformanceAnalysts have raised their price target for Information Services from C$34 to C$37, citing updated forecasts for growth and profitability as key factors in their revised outlook. Analyst Commentary Bullish Takeaways Bullish analysts point to raised forecasts for both growth and profitability, which supports an increased valuation for Information Services.Price Target Changed • Nov 07Price target increased by 7.2% to CA$38.20Up from CA$35.65, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CA$37.25. Stock is up 31% over the past year. The company is forecast to post earnings per share of CA$1.55 for next year compared to CA$1.11 last year.내러티브 업데이트 • Nov 07ISC: Recent Price Target Revision And Digital Initiatives Will Guide Near-Term PerformanceAnalysts have increased the price target for Information Services from C$34 to C$37, citing recent updates to valuation metrics and market outlook. Analyst Commentary Bullish Takeaways Bullish analysts highlight the upward revision of the price target, which indicates improved confidence in Information Services' valuation and growth trajectory.Reported Earnings • Nov 06Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: CA$0.46 (up from CA$0.23 in 3Q 2024). Revenue: CA$65.6m (up 7.7% from 3Q 2024). Net income: CA$8.51m (up 102% from 3Q 2024). Profit margin: 13% (up from 6.9% in 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 25%. Revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.New Risk • Nov 05New major risk - Revenue and earnings growthEarnings have declined by 3.8% 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 Risks Interest payments are not well covered by earnings (2.8x net interest cover). Earnings have declined by 3.8% per year over the past 5 years.공시 • Nov 05+ 1 more updateInformation Services Corporation Declares Quarterly Cash Dividend, Payable on or Before January 15, 2026Information Services Corporation declared a quarterly cash dividend of $0.23 per Class A Limited Voting Share ("Class A Share"). The dividend will be paid on or before January 15, 2026 to shareholders of record as of December 31, 2025.Price Target Changed • Oct 21Price target increased by 7.7% to CA$35.65Up from CA$33.10, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CA$35.80. Stock is up 27% over the past year. The company is forecast to post earnings per share of CA$1.47 for next year compared to CA$1.11 last year.공시 • Oct 15Information Services Corporation to Report Q3, 2025 Results on Nov 04, 2025Information Services Corporation announced that they will report Q3, 2025 results After-Market on Nov 04, 2025Upcoming Dividend • Sep 22Upcoming dividend of CA$0.23 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 15 October 2025. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Canadian dividend payers (5.8%). Higher than average of industry peers (0.6%).분석 기사 • Sep 11Here's Why Information Services (TSE:ISC) Has A Meaningful Debt BurdenWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...내러티브 업데이트 • Aug 06Digital Transformation And Workflow Automation Will Shape Future MarketsInformation Services' consensus price target has increased to CA$35.05, reflecting stronger profitability as net profit margin rises and valuation becomes more attractive with a lower future P/E ratio. What's in the News Information Services Corporation reconfirmed 2025 earnings guidance, maintaining expected revenue between $257 million and $267 million.Declared Dividend • Aug 03Second quarter dividend of CA$0.23 announcedDividend of CA$0.23 is the same as last year. Ex-date: 29th September 2025 Payment date: 15th October 2025 Dividend yield will be 2.9%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (74% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 1.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 25% over the next year, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jul 31Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: CA$0.32 (down from CA$0.57 in 2Q 2024). Revenue: CA$67.3m (flat on 2Q 2024). Net income: CA$5.89m (down 43% from 2Q 2024). Profit margin: 8.8% (down from 15% in 2Q 2024). Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) also missed analyst estimates by 40%. Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.공시 • Jul 31+ 1 more updateInformation Services Corporation Declares Quarterly Cash Dividend on Class A Limited Voting Share, Payable on or Before October 15, 2025The Board of Directors of Information Services Corporation declared a quarterly cash dividend of $0.23 per Class A Limited Voting Share ("Class A Share"). The dividend will be paid on or before October 15, 2025 to shareholders of record as of September 30, 2025.공시 • Jul 10Information Services Corporation to Report Q2, 2025 Results on Jul 30, 2025Information Services Corporation announced that they will report Q2, 2025 results After-Market on Jul 30, 2025Upcoming Dividend • Jun 23Upcoming dividend of CA$0.23 per shareEligible shareholders must have bought the stock before 30 June 2025. Payment date: 15 July 2025. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Canadian dividend payers (6.1%). Higher than average of industry peers (0.8%).Recent Insider Transactions Derivative • Jun 19Insider exercised options to buy CA$318k worth of stock.On the 16th of June, Kathy Hillman-Weir exercised options to buy 10k shares at a strike price of around CA$18.85, costing a total of CA$188k. This transaction amounted to 34% of their direct individual holding at the time of the trade. Since September 2024, Kathy has owned 29.62k shares directly. Company insiders have collectively bought CA$315k more than they sold, via options and on-market transactions, in the last 12 months.공시 • Jun 04Plantro Ltd. completed the acquisition of 15.3% stake in Information Services Corporation (TSX:ISC).Plantro Ltd. made an offer to acquire 15.3% stake in Information Services Corporation (TSX:ISC) for CAD 75.7 million on April 2, 2025. Plantro announced an offer to acquire up to 2,777,342 Class A Limited Voting Shares (the “Class A Shares”) in the capital of Information Services Corporation at a price of CAD 27.25 per Class A Share, payable in cash. The Tender Offer is not a “take-over bid” under Canadian securities laws. The Tender Offer is open for acceptance by shareholders of the Company until 5:00 p.m. (Eastern Time) on April 11, 2025 (the “Expiry Time”), unless the Tender Offer is extended, varied or withdrawn. Plantro is making the Tender Offer to all shareholders of the Company (other than Class A Shares held by the Crown Investment Corporation of Saskatchewan or any other entity wholly-owned by the Province of Saskatchewan). If the Tender Offer is withdrawn, Plantro shall cause all Class A Shares delivered pursuant to the Tender Offer to be returned to shareholders. As per amendment filed on April 8, 2025 Tender Offer expiry extended to April 28, 2025 to allow shareholders more time to consider the Tender Offer and Plantro is making the Tender Offer to all shareholders of the Company, including shareholders who were not holders of record on March 13, 2025 and the Crown Investment Corporation of Saskatchewan. The Tender Offer is not subject to any financing condition and Plantro confirms that it has sufficient cash resources to pay for all Class A Shares subject to the Tender Offer. Plantro has engaged Goodmans LLP as its legal advisor, Carson Proxy as its information agent, Odyssey Trust Company as depositary, and Gagnier Communications as its strategic communications advisor. The information agent will receive a fee of up to CAD 250,000 for its services as information agent under the Tender Offer, plus ancillary payments and disbursements. As of April 28, 2025, Plantro announced that it is extending its ongoing all-cash tender offer to acquire up to 2.78 million class A limited voting shares in the capital of ISC to 5:00pm (Eastern Time) on May 5, 2025. As of May 5, 2025 the tender offer is extended to 5:00pm (Eastern Time) on May 20, 2025. Plantro has increased the consideration under the Tender Offer to $30 per Class A Share, payable in cash (the “Tender Price”) and has also extended the expiry date of the Tender Offer to 5:00pm (Eastern Time) on June 3, 2025 As of May 20, 2025, Plantro announced that it is extending and amending its ongoing all-cash tender offer (the “Tender Offer”) to acquire class A limited voting shares (the “Class A Shares”) in the capital of Information Services Corporation. Kingsdale Advisors LP acted as information agent, Stikeman Elliott LLP acted as legal advisor and RBC Capital Markets, LLC acted as financial advisor to Information Services Corporation. As on April 10, 2025, ISC recommends shareholders to reject and do not tender the shares as it undervalues ISC,unfair to shareholders and contrary to public interest. Plantro Ltd. completed the acquisition of 15.3% stake in Information Services Corporation (TSX:ISC) on June 3, 2025.Declared Dividend • May 09First quarter dividend of CA$0.23 announcedDividend of CA$0.23 is the same as last year. Ex-date: 30th June 2025 Payment date: 15th July 2025 Dividend yield will be 3.4%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 1.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 5.1% over the next year, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 07First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: CA$0.40 (up from CA$0.023 in 1Q 2024). Revenue: CA$59.3m (up 5.2% from 1Q 2024). Net income: CA$7.49m (up CA$7.06m from 1Q 2024). Profit margin: 13% (up from 0.8% in 1Q 2024). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) exceeded analyst estimates by 103%. Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.공시 • May 07Information Services Corporation Declares A Quarterly Cash Dividend, Payable on or Before July 15, 2025On May 6, 2025, Information Services Corporation declared a quarterly cash dividend of $0.23 per Class A Share, payable on or before July 15, 2025, to shareholders of record as of June 30, 2025.분석 기사 • May 06Shareholders Will Probably Not Have Any Issues With Information Services Corporation's (TSE:ISC) CEO CompensationKey Insights Information Services to hold its Annual General Meeting on 13th of May Salary of CA$425.0k is part of CEO...공시 • Apr 15Information Services Corporation to Report Q1, 2025 Results on May 06, 2025Information Services Corporation announced that they will report Q1, 2025 results After-Market on May 06, 2025Recent Insider Transactions • Mar 25Independent Director recently bought CA$127k worth of stockOn the 20th of March, James Roche bought around 5k shares on-market at roughly CA$25.43 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$292k more in shares than they have sold in the last 12 months.Declared Dividend • Mar 21Third quarter dividend of CA$0.23 announcedDividend of CA$0.23 is the same as last year. Ex-date: 31st March 2025 Payment date: 15th April 2025 Dividend yield will be 3.7%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (80% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 1.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 50% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공시 • Mar 18Information Services Corporation Declares Quarterly Cash Dividend, Payable on or Before April 15, 2025The Board of Directors of Information Services Corporation declared a quarterly cash dividend of $0.23 per Class A Limited Voting Share ("Class A Share"). The dividend will be paid on or before April 15, 2025 to shareholders of record as of March 31, 2025.공시 • Mar 03Information Services Corporation, Annual General Meeting, May 13, 2025Information Services Corporation, Annual General Meeting, May 13, 2025.공시 • Feb 27Information Services Corporation to Report Q4, 2024 Results on Mar 17, 2025Information Services Corporation announced that they will report Q4, 2024 results After-Market on Mar 17, 2025새로운 내러티브 • Feb 13Saskatchewan Registries And Regulatory Solutions Will Benefit From Fee Adjustments And Compliance Demands Fee adjustments and strong real estate activity in Saskatchewan are anticipated to enhance revenue and net margins across key divisions. 공시 • Jan 28Information Services Corporation Provides Earnings Guidance for the Full Year 2025Information Services Corporation provided earnings guidance for the full year 2025. For the year, the Company expects revenue to be within a range of CAD 257.0 million to CAD 267.0 million.공시 • Jan 13Information Services Corporation Announces Executive ChangesInformation Services Corporation Kathy Hillman-Weir has assumed additional responsibility for the newly created function of Registry Excellence. As the EVP, Corporate Governance and Registry Excellence, Kathy brings a wealth of registry and policy expertise to help elevate ISC’s position and competency as a leader in the registry space, nationally and internationally. Loren Cisyk, EVP, Technology Solutions, will be leaving ISC, effective April 30, 2025. Loren joined ISC in September 2017 and most recently led the Company’s internal infrastructure, deskside and security teams as part of the Technology Solutions segment.Upcoming Dividend • Dec 24Upcoming dividend of CA$0.23 per shareEligible shareholders must have bought the stock before 31 December 2024. Payment date: 15 January 2025. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Canadian dividend payers (6.4%). Higher than average of industry peers (1.0%).Major Estimate Revision • Nov 13Consensus EPS estimates fall by 22%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from CA$1.42 to CA$1.11 per share. Revenue forecast steady at CA$245.7m. Net income forecast to grow 34% next year vs 34% growth forecast for Real Estate industry in Canada. Consensus price target of CA$34.40 unchanged from last update. Share price fell 4.7% to CA$27.49 over the past week.Declared Dividend • Nov 10Third quarter dividend of CA$0.23 announcedDividend of CA$0.23 is the same as last year. Ex-date: 31st December 2024 Payment date: 15th January 2025 Dividend yield will be 3.2%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (80% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 1.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 69% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 06Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: CA$0.23 (down from CA$0.24 in 3Q 2023). Revenue: CA$60.9m (up 12% from 3Q 2023). Net income: CA$4.20m (flat on 3Q 2023). Profit margin: 6.9% (down from 7.8% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 35%. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.공시 • Nov 06Information Services Corporation Declares Quarterly Dividend, Payable on or before January 15, 2025The Board of Directors of Information Services Corporation declared a quarterly cash dividend of $0.23 per Class A Limited Voting Share ("Class A Share"). The dividend will be paid on or before January 15, 2025 to shareholders of record as of December 31, 2024.공시 • Oct 16Information Services Corporation to Report Q3, 2024 Results on Nov 05, 2024Information Services Corporation announced that they will report Q3, 2024 results at 4:00 PM, US Eastern Standard Time on Nov 05, 2024Upcoming Dividend • Sep 20Upcoming dividend of CA$0.23 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 15 October 2024. Payout ratio is on the higher end at 80% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Canadian dividend payers (5.8%). Higher than average of industry peers (1.0%).Price Target Changed • Sep 16Price target increased by 8.9% to CA$34.20Up from CA$31.40, the current price target is an average from 5 analysts. New target price is 16% above last closing price of CA$29.58. Stock is up 22% over the past year. The company is forecast to post earnings per share of CA$1.38 for next year compared to CA$1.41 last year.Major Estimate Revision • Aug 14Consensus EPS estimates increase by 25%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from CA$243.1m to CA$247.4m. EPS estimate increased from CA$1.03 to CA$1.29 per share. Net income forecast to grow 25% next year vs 31% growth forecast for Real Estate industry in Canada. Consensus price target up from CA$31.40 to CA$33.10. Share price rose 4.9% to CA$26.86 over the past week.Declared Dividend • Aug 12Second quarter dividend of CA$0.23 announcedDividend of CA$0.23 is the same as last year. Ex-date: 27th September 2024 Payment date: 15th October 2024 Dividend yield will be 3.4%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by earnings (80% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 31% over the next year, which should provide support to the dividend and adequate earnings cover.분석 기사 • Aug 10Information Services Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextA week ago, Information Services Corporation ( TSE:ISV ) came out with a strong set of second-quarter numbers that...Reported Earnings • Aug 08Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: CA$0.57 (up from CA$0.47 in 2Q 2023). Revenue: CA$67.8m (up 27% from 2Q 2023). Net income: CA$10.3m (up 25% from 2Q 2023). Profit margin: 15% (in line with 2Q 2023). Revenue exceeded analyst estimates by 9.6%. Earnings per share (EPS) also surpassed analyst estimates by 67%. Revenue is forecast to grow 6.6% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.공시 • Aug 08Information Services Corporation Declares Quarterly Dividend on Class A Limited Voting Shares, Payable on or Before October 15, 2024The Board of Directors of Information Services Corporation declared a quarterly cash dividend of $0.23 per Class A Limited Voting Share ("Class A Share"). The dividend will be paid on or before October 15, 2024 to shareholders of record as of September 30, 2024.공시 • Jul 17Information Services Corporation to Report Q2, 2024 Results on Aug 07, 2024Information Services Corporation announced that they will report Q2, 2024 results After-Market on Aug 07, 2024Board Change • Jun 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. Independent Director Amber Biemans was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • May 31President & CEO recently bought CA$130k worth of stockOn the 27th of May, Shawn Peters bought around 5k shares on-market at roughly CA$26.03 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Shawn's only on-market trade for the last 12 months.Declared Dividend • May 12First quarter dividend of CA$0.23 announcedDividend of CA$0.23 is the same as last year. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 3.6%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 2.8% to bring the payout ratio under control. EPS is expected to grow by 101% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.공시 • May 09Information Services Corporation Provides Earnings Guidance for the Year 2024Information Services Corporation maintained annual guidance for 2024 with revenue to be within a range of $240.0 million to $250.0 million.New Risk • May 08New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 93% Paying a dividend despite having no free cash flows. High level of non-cash earnings (45% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (8.4% net profit margin).Reported Earnings • May 08First quarter 2024 earnings released: EPS: CA$0.02 (vs CA$0.39 in 1Q 2023)First quarter 2024 results: EPS: CA$0.02 (down from CA$0.39 in 1Q 2023). Revenue: CA$56.4m (up 15% from 1Q 2023). Net income: CA$423.0k (down 94% from 1Q 2023). Profit margin: 0.8% (down from 14% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.공시 • May 08Information Services Corporation Declares Quarterly Cash Dividend, Payable on or Before July 15, 2024The Board of Directors of Information Services Corporation declared a quarterly cash dividend of $0.23 per Class A Limited Voting Share ("Class A Share"). The dividend will be paid on or before July 15, 2024 to shareholders of record as of June 30, 2024.공시 • Apr 17Information Services Corporation to Report Q1, 2024 Results on May 07, 2024Information Services Corporation announced that they will report Q1, 2024 results on May 07, 2024Recent Insider Transactions Derivative • Apr 01Executive VP exercised options to buy CA$109k worth of stock.On the 26th of March, Kathy Hillman-Weir exercised 16.25k options to receive shares at no cost, then sold around 12.31k of them at CA$27.78 each and kept the remainder. Since June 2023, Kathy's direct individual holding has increased from 10.00k shares to 25.68k. Company insiders have collectively bought CA$509k more than they sold, via options and on-market transactions, in the last 12 months.분석 기사 • Mar 20Weak Statutory Earnings May Not Tell The Whole Story For Information Services (TSE:ISV)The market rallied behind Information Services Corporation's ( TSE:ISV ) stock, leading do a rise in the share price...Upcoming Dividend • Mar 20Upcoming dividend of CA$0.23 per shareEligible shareholders must have bought the stock before 27 March 2024. Payment date: 15 April 2024. Payout ratio is a comfortable 65% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of Canadian dividend payers (6.4%). Higher than average of industry peers (1.2%).Major Estimate Revision • Mar 20Consensus EPS estimates fall by 27%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from CA$238.3m to CA$241.4m. EPS estimate fell from CA$1.93 to CA$1.41 per share. Net income forecast to shrink 9.8% next year vs 4.3% growth forecast for Real Estate industry in Canada . Consensus price target up from CA$28.95 to CA$31.15. Share price rose 7.2% to CA$25.95 over the past week.분석 기사 • Mar 16Information Services' (TSE:ISV) Dividend Will Be CA$0.23The board of Information Services Corporation ( TSE:ISV ) has announced that it will pay a dividend of CA$0.23 per...Declared Dividend • Mar 15Fourth quarter dividend of CA$0.23 announcedDividend of CA$0.23 is the same as last year. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 3.6%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by earnings (65% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 27% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Price Target Changed • Mar 15Price target increased by 7.6% to CA$31.15Up from CA$28.95, the current price target is an average from 5 analysts. New target price is 21% above last closing price of CA$25.72. Stock is up 17% over the past year. The company is forecast to post earnings per share of CA$1.41 for next year compared to CA$1.41 last year.Reported Earnings • Mar 13Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: CA$1.41 (down from CA$1.75 in FY 2022). Revenue: CA$214.5m (up 13% from FY 2022). Net income: CA$25.0m (down 19% from FY 2022). Profit margin: 12% (down from 16% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 1.1%. Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year.공시 • Mar 13Information Services Corporation Declares Quarterly Dividend on Class A Limited Voting Share, Payable on or Before April 15, 2024The Board of Directors of Information Services Corporation declared a quarterly cash dividend of $0.23 per Class A Limited Voting Share ("Class A Share"). The dividend will be paid on or before April 15, 2024 to shareholders of record as of March 31, 2024.공시 • Mar 09Information Services Corporation, Annual General Meeting, May 14, 2024Information Services Corporation, Annual General Meeting, May 14, 2024.공시 • Feb 21Information Services Corporation to Report Q4, 2023 Results on Mar 12, 2024Information Services Corporation announced that they will report Q4, 2023 results After-Market on Mar 12, 2024New Risk • Feb 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 10% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risks Earnings are forecast to decline by an average of 10% per year for the foreseeable future. High level of non-cash earnings (47% accrual ratio). Minor Risks High level of debt (99% net debt to equity). Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (11% net profit margin).공시 • Feb 05Information Services Corporation Provides Consolidated Earnings Guidance for the Year 2024Information Services Corporation provided consolidated earnings guidance for the year 2024. For the year, the company expects revenue to grow within a range of $240.0 million and $250.0 million.이익 및 매출 성장 예측TSX:ISC - 애널리스트 향후 추정치 및 과거 재무 데이터 (CAD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2027289356575512/31/202627532597353/31/2026260287686N/A12/31/2025258276878N/A9/30/2025254276574N/A6/30/2025250235765N/A3/31/2025250275866N/A12/31/2024247206371N/A9/30/2024243216371N/A6/30/202423621-8871N/A3/31/202422219-9662N/A12/31/202321525-9957N/A9/30/202320323-10253N/A6/30/2023197275154N/A3/31/2023195305052N/A12/31/2022190314244N/A9/30/2022188374143N/A6/30/2022181393941N/A3/31/2022174345052N/A12/31/2021169325961N/A9/30/2021164305961N/A6/30/2021160255961N/A3/31/2021146234446N/A12/31/2020137214041N/A9/30/2020136203233N/A6/30/2020131192425N/A3/31/2020134202224N/A12/31/201913319N/A24N/A9/30/201912615N/A23N/A6/30/201912420N/A28N/A3/31/201912119N/A31N/A12/31/201811919N/A30N/A9/30/201811234N/A30N/A6/30/201810528N/A30N/A3/31/20189928N/A29N/A12/31/20179428N/A33N/A9/30/20179112N/A31N/A6/30/20179014N/A28N/A3/31/20179016N/A28N/A12/31/20168816N/A26N/A9/30/20169017N/A28N/A6/30/20168718N/A28N/A3/31/20168216N/A26N/A12/31/20157816N/A31N/A9/30/20157515N/A29N/A6/30/20157717N/A26N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: ISC 의 연간 예상 수익 증가율(11.1%)이 saving rate(3%)보다 높습니다.수익 vs 시장: ISC 의 연간 수익(11.1%)이 Canadian 시장(10.6%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: ISC 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: ISC 의 수익(연간 5.9%)이 Canadian 시장(연간 4.5%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: ISC 의 수익(연간 5.9%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: ISC의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YReal-estate-management-and-development 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 14:26종가2026/05/21 00:00수익2026/03/31연간 수익2025/12/31데이터 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 소스Information Services Corporation는 11명의 분석가가 다루고 있습니다. 이 중 5명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Trevor ReynoldsAcumen Capital Finance Partners LimitedNicholas BoychukATB CormarkJesse PytlakATB Cormark Historical (Cormark Securities)8명의 분석가 더 보기
Price Target Changed • Mar 23Price target increased by 8.4% to CA$47.90Up from CA$44.20, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CA$46.26. Stock is up 87% over the past year. The company is forecast to post earnings per share of CA$1.54 for next year compared to CA$1.44 last year.
Price Target Changed • Mar 20Price target increased by 11% to CA$47.00Up from CA$42.20, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CA$46.26. Stock is up 89% over the past year. The company is forecast to post earnings per share of CA$1.57 for next year compared to CA$1.11 last year.
공시 • Feb 06+ 1 more updateInformation Services Corporation Provides Annual Earnings Guidance and Outlook for 2026Information Services Corporation provided annual earnings guidance and outlook for 2026. For the period, the company expects revenue to be within a range of $273.0 million to $283.0 million.
Price Target Changed • Nov 07Price target increased by 7.2% to CA$38.20Up from CA$35.65, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CA$37.25. Stock is up 31% over the past year. The company is forecast to post earnings per share of CA$1.55 for next year compared to CA$1.11 last year.
Price Target Changed • Oct 21Price target increased by 7.7% to CA$35.65Up from CA$33.10, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CA$35.80. Stock is up 27% over the past year. The company is forecast to post earnings per share of CA$1.47 for next year compared to CA$1.11 last year.
공시 • Jan 28Information Services Corporation Provides Earnings Guidance for the Full Year 2025Information Services Corporation provided earnings guidance for the full year 2025. For the year, the Company expects revenue to be within a range of CAD 257.0 million to CAD 267.0 million.
공시 • May 20+ 1 more updatePlenary Americas Lp entered into an arrangement agreement to acquire Information Services Corporation (TSX:ISC) for approximately CAD 970 million.Plenary Americas Lp entered into an arrangement agreement to acquire Information Services Corporation (TSX:ISC) for approximately CAD 970 million on May 19, 2026. ISC will be taken private for cash consideration of CAD 51 per Class A Limited Voting Share representing an enterprise value of CAD 1.2 billion. Following completion of the transaction, it is expected that the shares will be delisted from trading on the Toronto Stock Exchange and an application will be made for ISC to cease to be a reporting issuer. In case of termination of transaction, Plenary Americas will pay a termination fee of CAD 66 million and ICS will pay a termination fee of CAD 55 million. ISC will maintain its Regina, Saskatchewan headquarters and continue to operate independently of Plenary Americas’ other portfolio investments as a leading Saskatchewan-based operator of registry and information services. Shawn Peters, President and chief executive officer of ISC, will continue to lead ISC, supported by the current ISC senior management team. The transaction is subject to approval of merger agreement by target board, approval by regulatory board / committee, approval of offer by target shareholders and subject to court approval. The transaction is not subject to any financing conditions. ISC formed a special committee of the Board of Directors to identify opportunities to maximize value for all shareholders. The deal has been unanimously approved by the board. The expected completion of the transaction is in the third quarter of 2026. RBC Capital Markets, LLC acted as fairness opinion provider for Information Services Corporation. National Bank of Canada Financial Markets acted as fairness opinion provider for the to the Special Committee of Information Services Corporation. RBC Capital Markets Inc. acted as financial advisor for Information Services Corporation. Stikeman Elliott LLP acted as legal advisor for Information Services Corporation and the Special Committee. Barclays Capital Canada Inc. acted as financial advisor for Plenary Americas Lp. Davies Ward Phillips & Vineberg LLP acted as legal advisor for Plenary Americas Lp.
Reported Earnings • May 18First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: EPS: CA$0.49 (up from CA$0.40 in 1Q 2025). Revenue: CA$61.8m (up 4.2% from 1Q 2025). Net income: CA$9.16m (up 22% from 1Q 2025). Profit margin: 15% (up from 13% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) exceeded analyst estimates by 52%. Revenue is forecast to grow 5.9% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Real Estate 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 increased by 30% per year, which means it is well ahead of earnings.
New Risk • May 17New major risk - Revenue and earnings growthEarnings have declined by 6.3% 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 6.3% per year over the past 5 years. Minor Risk High level of debt (69% net debt to equity).
공시 • May 16Information Services Corporation Declares Quarterly Dividend, Payable on or Before July 15, 2026The Board of Directors of Information Services Corporation declared a quarterly cash dividend of CAD 0.23 per Class A Limited Voting Share (Class A Share). The dividend will be paid on or before July 15, 2026 to shareholders of record as of June 30, 2026.
공시 • May 09Information Services Corporation to Report Q1, 2026 Results on May 15, 2026Information Services Corporation announced that they will report Q1, 2026 results After-Market on May 15, 2026
내러티브 업데이트 • Apr 29ISC: Future Registry Win And Review Process Will Shape Balanced OutlookAnalysts have made a slight adjustment to their implied valuation, maintaining the price target at about CA$49.60, reflecting updated views on discount rates, modest revenue growth expectations, profit margins near 12.8% and a forward P/E of roughly 30.6x. What's in the News The board and a special committee of independent directors are reviewing multiple options to maximize shareholder value, with support from independent advisors.
내러티브 업데이트 • Apr 15ISC: Future Registry Mandate Will Drive Long Term Upside PotentialAnalysts have kept their fair value estimate unchanged at CA$49.60 for the Information Services group, pointing to a steady long term earnings outlook that supports a broadly consistent P/E framework, despite only minor technical adjustments to underlying model inputs. What's in the News The board and a special committee of independent directors are reviewing multiple options for the business to identify ways to maximize value for shareholders.
내러티브 업데이트 • Apr 01ISC: Future Registry Mandate And Labor Deal Will Shape Balanced OutlookAnalysts have raised their price target on the Information Services group to CA$49.60 from CA$44.20, citing updated assumptions around revenue growth, profit margins, discount rate and forward P/E that collectively support a higher estimated fair value. What's in the News The board and a special committee of independent directors are reviewing multiple options intended to maximize shareholder value.
Declared Dividend • Mar 25Fourth quarter dividend of CA$0.23 announcedDividend of CA$0.23 is the same as last year. Ex-date: 31st March 2026 Payment date: 15th April 2026 Dividend yield will be 2.0%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 1.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Price Target Changed • Mar 23Price target increased by 8.4% to CA$47.90Up from CA$44.20, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CA$46.26. Stock is up 87% over the past year. The company is forecast to post earnings per share of CA$1.54 for next year compared to CA$1.44 last year.
Reported Earnings • Mar 21Third quarter 2025 earnings released: EPS: CA$0.46 (vs CA$0.23 in 3Q 2024)Third quarter 2025 results: EPS: CA$0.46 (up from CA$0.23 in 3Q 2024). Revenue: CA$65.6m (up 7.7% from 3Q 2024). Net income: CA$8.51m (up 102% from 3Q 2024). Profit margin: 13% (up from 6.9% in 3Q 2024). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.
Price Target Changed • Mar 20Price target increased by 11% to CA$47.00Up from CA$42.20, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CA$46.26. Stock is up 89% over the past year. The company is forecast to post earnings per share of CA$1.57 for next year compared to CA$1.11 last year.
공시 • Mar 20Information Services Corporation Declares Quarterly Cash Dividend, Payable on or before April 15, 2026The Board of Directors of Information Services Corporation declared a quarterly cash dividend of $0.23 per Class A Limited Voting Share (Class A Share). The dividend will be paid on or before April 15, 2026 to shareholders of record as of March 31, 2026.
내러티브 업데이트 • Mar 18ISC: New Global Registry Contract And Wage Deal Will Shape OutlookAnalysts have kept the fair value estimate steady at CA$44.20, with only minimal tweaks to the discount rate, revenue growth, profit margin, and future P/E assumptions, which leaves the overall price target framework effectively unchanged. What's in the News Information Services Corporation was selected through a competitive global process to establish, build and operate the future International Registry for Mining, Agriculture and Construction Equipment for an initial five-year term, with extension options available (Key Developments).
내러티브 업데이트 • Mar 03ISC: Medium Term Guidance And Margin Pressure Will Sustain Cautious OutlookAnalysts have made a small adjustment to their CA$ price target for the Information Services group, reflecting slightly updated assumptions for discount rate, revenue growth, profit margins and future P/E expectations, while keeping fair value broadly consistent. What's in the News New annual earnings guidance for 2026, with revenue expected in a range of $273.0 million to $283.0 million, giving you a sense of the company's medium term revenue ambitions (Key Developments).
공시 • Mar 02Information Services Corporation to Report Q4, 2025 Results on Mar 19, 2026Information Services Corporation announced that they will report Q4, 2025 results After-Market on Mar 19, 2026
내러티브 업데이트 • Feb 17ISC: Lower-End Guidance And Margin Outlook Will Support Fair Long-Term ViewNarrative Update on Information Services Analysts have lifted their price target for the Information Services group by CA$2.00. The change reflects updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E.
새로운 내러티브 • Feb 15Real Estate And Credit Tailwinds Will Fade And Pressure Future Earnings StabilityCatalysts About Information Services Information Services operates registry, services and technology businesses that support land, corporate, personal property and regulatory data and workflows. What are the underlying business or industry changes driving this perspective?
공시 • Feb 06+ 1 more updateInformation Services Corporation Provides Annual Earnings Guidance and Outlook for 2026Information Services Corporation provided annual earnings guidance and outlook for 2026. For the period, the company expects revenue to be within a range of $273.0 million to $283.0 million.
내러티브 업데이트 • Feb 03ISC: Lower-End Revenue Guidance And Completed Buyback Will Anchor Fair OutlookAnalysts now place their price target for Information Services at $42.20, up from $39.80, citing slightly higher assumptions for long term revenue growth and future P/E, along with minor adjustments to the discount rate and profit margin expectations. What's in the News Information Services completed a share repurchase of 300 shares, representing 0.001619% of the company, for CAD 0.0096 million under the buyback announced on June 4, 2025 (Key Developments).
새로운 내러티브 • Jan 30Resilient Real Estate And Regulatory Tailwinds Will Support Stronger Long Term Earnings PowerCatalysts About Information Services Information Services operates registries, services, and technology platforms that support property, corporate, and regulatory information transactions. What are the underlying business or industry changes driving this perspective?
내러티브 업데이트 • Jan 19ISC: Lower End Revenue Guidance Will Sustain Bearish View On Future UpsideAnalysts have maintained their fair value estimate at $39.80, making only minor adjustments to the discount rate and forward P/E assumptions. These changes reflect fine-tuning of their models on Information Services rather than a shift in their underlying view.
내러티브 업데이트 • Jan 04ISC: Neutral Rating And Modest Discount Rate Shift Will Limit Future UpsideAnalysts have raised their price target on Information Services to C$37 from C$34, reflecting modestly lower discount rate assumptions and continued expectations for steady revenue growth and profit margins. Analyst Commentary Analysts describe the revised price target as a reflection of incremental confidence in the company’s long term earnings power, rather than a shift in its overall risk profile.
분석 기사 • Dec 30There's Reason For Concern Over Information Services Corporation's (TSE:ISC) Massive 27% Price JumpThe Information Services Corporation ( TSE:ISC ) share price has done very well over the last month, posting an...
공시 • Dec 30Information Services Corporation announces Quarterly dividend, payable on January 15, 2026Information Services Corporation announced Quarterly dividend of CAD 0.2300 per share payable on January 15, 2026, ex-date on December 31, 2025 and record date on December 31, 2025.
Valuation Update With 7 Day Price Move • Dec 22Investor sentiment improves as stock rises 28%After last week's 28% share price gain to CA$48.50, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 22x in the Real Estate industry in Canada. Total returns to shareholders of 132% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$68.84 per share.
내러티브 업데이트 • Dec 21ISC: Steady Core Execution And Neutral Stance Will Shape Future PerformanceAnalysts modestly raised their price target on Information Services to C$37 from C$34, reflecting a slightly lower discount rate and continued confidence in the company’s steady growth and profitability profile. Analyst Commentary Analysts describe the price target increase as a reflection of solid fundamentals rather than a shift to a more aggressive stance, maintaining a balanced view of the company’s risk and reward profile.
분석 기사 • Dec 20Here's Why Information Services (TSE:ISC) Has A Meaningful Debt BurdenWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
내러티브 업데이트 • Dec 07ISC: Higher Margins And Cautious Revenue Outlook Will Shape Future PerformanceAnalysts have raised their price target on Information Services to C$39.80 from C$38.20, citing a modestly higher fair value and improved long term profit margin expectations, despite slightly lower projected revenue growth. Analyst Commentary Recent research updates reflect a cautiously constructive stance on Information Services, with modest price target increases signaling incremental confidence rather than a wholesale re-rating of the stock.
내러티브 업데이트 • Nov 23ISC: Price Target Revision And Lower Margin Outlook Will Shape PerformanceAnalysts have raised their price target for Information Services from C$34 to C$37, citing updated forecasts for growth and profitability as key factors in their revised outlook. Analyst Commentary Bullish Takeaways Bullish analysts point to raised forecasts for both growth and profitability, which supports an increased valuation for Information Services.
Price Target Changed • Nov 07Price target increased by 7.2% to CA$38.20Up from CA$35.65, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CA$37.25. Stock is up 31% over the past year. The company is forecast to post earnings per share of CA$1.55 for next year compared to CA$1.11 last year.
내러티브 업데이트 • Nov 07ISC: Recent Price Target Revision And Digital Initiatives Will Guide Near-Term PerformanceAnalysts have increased the price target for Information Services from C$34 to C$37, citing recent updates to valuation metrics and market outlook. Analyst Commentary Bullish Takeaways Bullish analysts highlight the upward revision of the price target, which indicates improved confidence in Information Services' valuation and growth trajectory.
Reported Earnings • Nov 06Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: CA$0.46 (up from CA$0.23 in 3Q 2024). Revenue: CA$65.6m (up 7.7% from 3Q 2024). Net income: CA$8.51m (up 102% from 3Q 2024). Profit margin: 13% (up from 6.9% in 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 25%. Revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
New Risk • Nov 05New major risk - Revenue and earnings growthEarnings have declined by 3.8% 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 Risks Interest payments are not well covered by earnings (2.8x net interest cover). Earnings have declined by 3.8% per year over the past 5 years.
공시 • Nov 05+ 1 more updateInformation Services Corporation Declares Quarterly Cash Dividend, Payable on or Before January 15, 2026Information Services Corporation declared a quarterly cash dividend of $0.23 per Class A Limited Voting Share ("Class A Share"). The dividend will be paid on or before January 15, 2026 to shareholders of record as of December 31, 2025.
Price Target Changed • Oct 21Price target increased by 7.7% to CA$35.65Up from CA$33.10, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of CA$35.80. Stock is up 27% over the past year. The company is forecast to post earnings per share of CA$1.47 for next year compared to CA$1.11 last year.
공시 • Oct 15Information Services Corporation to Report Q3, 2025 Results on Nov 04, 2025Information Services Corporation announced that they will report Q3, 2025 results After-Market on Nov 04, 2025
Upcoming Dividend • Sep 22Upcoming dividend of CA$0.23 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 15 October 2025. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Canadian dividend payers (5.8%). Higher than average of industry peers (0.6%).
분석 기사 • Sep 11Here's Why Information Services (TSE:ISC) Has A Meaningful Debt BurdenWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
내러티브 업데이트 • Aug 06Digital Transformation And Workflow Automation Will Shape Future MarketsInformation Services' consensus price target has increased to CA$35.05, reflecting stronger profitability as net profit margin rises and valuation becomes more attractive with a lower future P/E ratio. What's in the News Information Services Corporation reconfirmed 2025 earnings guidance, maintaining expected revenue between $257 million and $267 million.
Declared Dividend • Aug 03Second quarter dividend of CA$0.23 announcedDividend of CA$0.23 is the same as last year. Ex-date: 29th September 2025 Payment date: 15th October 2025 Dividend yield will be 2.9%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (74% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 1.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 25% over the next year, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jul 31Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: CA$0.32 (down from CA$0.57 in 2Q 2024). Revenue: CA$67.3m (flat on 2Q 2024). Net income: CA$5.89m (down 43% from 2Q 2024). Profit margin: 8.8% (down from 15% in 2Q 2024). Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) also missed analyst estimates by 40%. Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
공시 • Jul 31+ 1 more updateInformation Services Corporation Declares Quarterly Cash Dividend on Class A Limited Voting Share, Payable on or Before October 15, 2025The Board of Directors of Information Services Corporation declared a quarterly cash dividend of $0.23 per Class A Limited Voting Share ("Class A Share"). The dividend will be paid on or before October 15, 2025 to shareholders of record as of September 30, 2025.
공시 • Jul 10Information Services Corporation to Report Q2, 2025 Results on Jul 30, 2025Information Services Corporation announced that they will report Q2, 2025 results After-Market on Jul 30, 2025
Upcoming Dividend • Jun 23Upcoming dividend of CA$0.23 per shareEligible shareholders must have bought the stock before 30 June 2025. Payment date: 15 July 2025. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Canadian dividend payers (6.1%). Higher than average of industry peers (0.8%).
Recent Insider Transactions Derivative • Jun 19Insider exercised options to buy CA$318k worth of stock.On the 16th of June, Kathy Hillman-Weir exercised options to buy 10k shares at a strike price of around CA$18.85, costing a total of CA$188k. This transaction amounted to 34% of their direct individual holding at the time of the trade. Since September 2024, Kathy has owned 29.62k shares directly. Company insiders have collectively bought CA$315k more than they sold, via options and on-market transactions, in the last 12 months.
공시 • Jun 04Plantro Ltd. completed the acquisition of 15.3% stake in Information Services Corporation (TSX:ISC).Plantro Ltd. made an offer to acquire 15.3% stake in Information Services Corporation (TSX:ISC) for CAD 75.7 million on April 2, 2025. Plantro announced an offer to acquire up to 2,777,342 Class A Limited Voting Shares (the “Class A Shares”) in the capital of Information Services Corporation at a price of CAD 27.25 per Class A Share, payable in cash. The Tender Offer is not a “take-over bid” under Canadian securities laws. The Tender Offer is open for acceptance by shareholders of the Company until 5:00 p.m. (Eastern Time) on April 11, 2025 (the “Expiry Time”), unless the Tender Offer is extended, varied or withdrawn. Plantro is making the Tender Offer to all shareholders of the Company (other than Class A Shares held by the Crown Investment Corporation of Saskatchewan or any other entity wholly-owned by the Province of Saskatchewan). If the Tender Offer is withdrawn, Plantro shall cause all Class A Shares delivered pursuant to the Tender Offer to be returned to shareholders. As per amendment filed on April 8, 2025 Tender Offer expiry extended to April 28, 2025 to allow shareholders more time to consider the Tender Offer and Plantro is making the Tender Offer to all shareholders of the Company, including shareholders who were not holders of record on March 13, 2025 and the Crown Investment Corporation of Saskatchewan. The Tender Offer is not subject to any financing condition and Plantro confirms that it has sufficient cash resources to pay for all Class A Shares subject to the Tender Offer. Plantro has engaged Goodmans LLP as its legal advisor, Carson Proxy as its information agent, Odyssey Trust Company as depositary, and Gagnier Communications as its strategic communications advisor. The information agent will receive a fee of up to CAD 250,000 for its services as information agent under the Tender Offer, plus ancillary payments and disbursements. As of April 28, 2025, Plantro announced that it is extending its ongoing all-cash tender offer to acquire up to 2.78 million class A limited voting shares in the capital of ISC to 5:00pm (Eastern Time) on May 5, 2025. As of May 5, 2025 the tender offer is extended to 5:00pm (Eastern Time) on May 20, 2025. Plantro has increased the consideration under the Tender Offer to $30 per Class A Share, payable in cash (the “Tender Price”) and has also extended the expiry date of the Tender Offer to 5:00pm (Eastern Time) on June 3, 2025 As of May 20, 2025, Plantro announced that it is extending and amending its ongoing all-cash tender offer (the “Tender Offer”) to acquire class A limited voting shares (the “Class A Shares”) in the capital of Information Services Corporation. Kingsdale Advisors LP acted as information agent, Stikeman Elliott LLP acted as legal advisor and RBC Capital Markets, LLC acted as financial advisor to Information Services Corporation. As on April 10, 2025, ISC recommends shareholders to reject and do not tender the shares as it undervalues ISC,unfair to shareholders and contrary to public interest. Plantro Ltd. completed the acquisition of 15.3% stake in Information Services Corporation (TSX:ISC) on June 3, 2025.
Declared Dividend • May 09First quarter dividend of CA$0.23 announcedDividend of CA$0.23 is the same as last year. Ex-date: 30th June 2025 Payment date: 15th July 2025 Dividend yield will be 3.4%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 1.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 5.1% over the next year, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 07First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: CA$0.40 (up from CA$0.023 in 1Q 2024). Revenue: CA$59.3m (up 5.2% from 1Q 2024). Net income: CA$7.49m (up CA$7.06m from 1Q 2024). Profit margin: 13% (up from 0.8% in 1Q 2024). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) exceeded analyst estimates by 103%. Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
공시 • May 07Information Services Corporation Declares A Quarterly Cash Dividend, Payable on or Before July 15, 2025On May 6, 2025, Information Services Corporation declared a quarterly cash dividend of $0.23 per Class A Share, payable on or before July 15, 2025, to shareholders of record as of June 30, 2025.
분석 기사 • May 06Shareholders Will Probably Not Have Any Issues With Information Services Corporation's (TSE:ISC) CEO CompensationKey Insights Information Services to hold its Annual General Meeting on 13th of May Salary of CA$425.0k is part of CEO...
공시 • Apr 15Information Services Corporation to Report Q1, 2025 Results on May 06, 2025Information Services Corporation announced that they will report Q1, 2025 results After-Market on May 06, 2025
Recent Insider Transactions • Mar 25Independent Director recently bought CA$127k worth of stockOn the 20th of March, James Roche bought around 5k shares on-market at roughly CA$25.43 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$292k more in shares than they have sold in the last 12 months.
Declared Dividend • Mar 21Third quarter dividend of CA$0.23 announcedDividend of CA$0.23 is the same as last year. Ex-date: 31st March 2025 Payment date: 15th April 2025 Dividend yield will be 3.7%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (80% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 1.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 50% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공시 • Mar 18Information Services Corporation Declares Quarterly Cash Dividend, Payable on or Before April 15, 2025The Board of Directors of Information Services Corporation declared a quarterly cash dividend of $0.23 per Class A Limited Voting Share ("Class A Share"). The dividend will be paid on or before April 15, 2025 to shareholders of record as of March 31, 2025.
공시 • Mar 03Information Services Corporation, Annual General Meeting, May 13, 2025Information Services Corporation, Annual General Meeting, May 13, 2025.
공시 • Feb 27Information Services Corporation to Report Q4, 2024 Results on Mar 17, 2025Information Services Corporation announced that they will report Q4, 2024 results After-Market on Mar 17, 2025
새로운 내러티브 • Feb 13Saskatchewan Registries And Regulatory Solutions Will Benefit From Fee Adjustments And Compliance Demands Fee adjustments and strong real estate activity in Saskatchewan are anticipated to enhance revenue and net margins across key divisions.
공시 • Jan 28Information Services Corporation Provides Earnings Guidance for the Full Year 2025Information Services Corporation provided earnings guidance for the full year 2025. For the year, the Company expects revenue to be within a range of CAD 257.0 million to CAD 267.0 million.
공시 • Jan 13Information Services Corporation Announces Executive ChangesInformation Services Corporation Kathy Hillman-Weir has assumed additional responsibility for the newly created function of Registry Excellence. As the EVP, Corporate Governance and Registry Excellence, Kathy brings a wealth of registry and policy expertise to help elevate ISC’s position and competency as a leader in the registry space, nationally and internationally. Loren Cisyk, EVP, Technology Solutions, will be leaving ISC, effective April 30, 2025. Loren joined ISC in September 2017 and most recently led the Company’s internal infrastructure, deskside and security teams as part of the Technology Solutions segment.
Upcoming Dividend • Dec 24Upcoming dividend of CA$0.23 per shareEligible shareholders must have bought the stock before 31 December 2024. Payment date: 15 January 2025. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Canadian dividend payers (6.4%). Higher than average of industry peers (1.0%).
Major Estimate Revision • Nov 13Consensus EPS estimates fall by 22%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from CA$1.42 to CA$1.11 per share. Revenue forecast steady at CA$245.7m. Net income forecast to grow 34% next year vs 34% growth forecast for Real Estate industry in Canada. Consensus price target of CA$34.40 unchanged from last update. Share price fell 4.7% to CA$27.49 over the past week.
Declared Dividend • Nov 10Third quarter dividend of CA$0.23 announcedDividend of CA$0.23 is the same as last year. Ex-date: 31st December 2024 Payment date: 15th January 2025 Dividend yield will be 3.2%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by both earnings (80% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 1.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 69% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 06Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: CA$0.23 (down from CA$0.24 in 3Q 2023). Revenue: CA$60.9m (up 12% from 3Q 2023). Net income: CA$4.20m (flat on 3Q 2023). Profit margin: 6.9% (down from 7.8% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 35%. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
공시 • Nov 06Information Services Corporation Declares Quarterly Dividend, Payable on or before January 15, 2025The Board of Directors of Information Services Corporation declared a quarterly cash dividend of $0.23 per Class A Limited Voting Share ("Class A Share"). The dividend will be paid on or before January 15, 2025 to shareholders of record as of December 31, 2024.
공시 • Oct 16Information Services Corporation to Report Q3, 2024 Results on Nov 05, 2024Information Services Corporation announced that they will report Q3, 2024 results at 4:00 PM, US Eastern Standard Time on Nov 05, 2024
Upcoming Dividend • Sep 20Upcoming dividend of CA$0.23 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 15 October 2024. Payout ratio is on the higher end at 80% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Canadian dividend payers (5.8%). Higher than average of industry peers (1.0%).
Price Target Changed • Sep 16Price target increased by 8.9% to CA$34.20Up from CA$31.40, the current price target is an average from 5 analysts. New target price is 16% above last closing price of CA$29.58. Stock is up 22% over the past year. The company is forecast to post earnings per share of CA$1.38 for next year compared to CA$1.41 last year.
Major Estimate Revision • Aug 14Consensus EPS estimates increase by 25%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from CA$243.1m to CA$247.4m. EPS estimate increased from CA$1.03 to CA$1.29 per share. Net income forecast to grow 25% next year vs 31% growth forecast for Real Estate industry in Canada. Consensus price target up from CA$31.40 to CA$33.10. Share price rose 4.9% to CA$26.86 over the past week.
Declared Dividend • Aug 12Second quarter dividend of CA$0.23 announcedDividend of CA$0.23 is the same as last year. Ex-date: 27th September 2024 Payment date: 15th October 2024 Dividend yield will be 3.4%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by earnings (80% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 31% over the next year, which should provide support to the dividend and adequate earnings cover.
분석 기사 • Aug 10Information Services Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextA week ago, Information Services Corporation ( TSE:ISV ) came out with a strong set of second-quarter numbers that...
Reported Earnings • Aug 08Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: CA$0.57 (up from CA$0.47 in 2Q 2023). Revenue: CA$67.8m (up 27% from 2Q 2023). Net income: CA$10.3m (up 25% from 2Q 2023). Profit margin: 15% (in line with 2Q 2023). Revenue exceeded analyst estimates by 9.6%. Earnings per share (EPS) also surpassed analyst estimates by 67%. Revenue is forecast to grow 6.6% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
공시 • Aug 08Information Services Corporation Declares Quarterly Dividend on Class A Limited Voting Shares, Payable on or Before October 15, 2024The Board of Directors of Information Services Corporation declared a quarterly cash dividend of $0.23 per Class A Limited Voting Share ("Class A Share"). The dividend will be paid on or before October 15, 2024 to shareholders of record as of September 30, 2024.
공시 • Jul 17Information Services Corporation to Report Q2, 2024 Results on Aug 07, 2024Information Services Corporation announced that they will report Q2, 2024 results After-Market on Aug 07, 2024
Board Change • Jun 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. Independent Director Amber Biemans was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • May 31President & CEO recently bought CA$130k worth of stockOn the 27th of May, Shawn Peters bought around 5k shares on-market at roughly CA$26.03 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Shawn's only on-market trade for the last 12 months.
Declared Dividend • May 12First quarter dividend of CA$0.23 announcedDividend of CA$0.23 is the same as last year. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 3.6%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 2.8% to bring the payout ratio under control. EPS is expected to grow by 101% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
공시 • May 09Information Services Corporation Provides Earnings Guidance for the Year 2024Information Services Corporation maintained annual guidance for 2024 with revenue to be within a range of $240.0 million to $250.0 million.
New Risk • May 08New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 93% Paying a dividend despite having no free cash flows. High level of non-cash earnings (45% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (8.4% net profit margin).
Reported Earnings • May 08First quarter 2024 earnings released: EPS: CA$0.02 (vs CA$0.39 in 1Q 2023)First quarter 2024 results: EPS: CA$0.02 (down from CA$0.39 in 1Q 2023). Revenue: CA$56.4m (up 15% from 1Q 2023). Net income: CA$423.0k (down 94% from 1Q 2023). Profit margin: 0.8% (down from 14% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
공시 • May 08Information Services Corporation Declares Quarterly Cash Dividend, Payable on or Before July 15, 2024The Board of Directors of Information Services Corporation declared a quarterly cash dividend of $0.23 per Class A Limited Voting Share ("Class A Share"). The dividend will be paid on or before July 15, 2024 to shareholders of record as of June 30, 2024.
공시 • Apr 17Information Services Corporation to Report Q1, 2024 Results on May 07, 2024Information Services Corporation announced that they will report Q1, 2024 results on May 07, 2024
Recent Insider Transactions Derivative • Apr 01Executive VP exercised options to buy CA$109k worth of stock.On the 26th of March, Kathy Hillman-Weir exercised 16.25k options to receive shares at no cost, then sold around 12.31k of them at CA$27.78 each and kept the remainder. Since June 2023, Kathy's direct individual holding has increased from 10.00k shares to 25.68k. Company insiders have collectively bought CA$509k more than they sold, via options and on-market transactions, in the last 12 months.
분석 기사 • Mar 20Weak Statutory Earnings May Not Tell The Whole Story For Information Services (TSE:ISV)The market rallied behind Information Services Corporation's ( TSE:ISV ) stock, leading do a rise in the share price...
Upcoming Dividend • Mar 20Upcoming dividend of CA$0.23 per shareEligible shareholders must have bought the stock before 27 March 2024. Payment date: 15 April 2024. Payout ratio is a comfortable 65% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of Canadian dividend payers (6.4%). Higher than average of industry peers (1.2%).
Major Estimate Revision • Mar 20Consensus EPS estimates fall by 27%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from CA$238.3m to CA$241.4m. EPS estimate fell from CA$1.93 to CA$1.41 per share. Net income forecast to shrink 9.8% next year vs 4.3% growth forecast for Real Estate industry in Canada . Consensus price target up from CA$28.95 to CA$31.15. Share price rose 7.2% to CA$25.95 over the past week.
분석 기사 • Mar 16Information Services' (TSE:ISV) Dividend Will Be CA$0.23The board of Information Services Corporation ( TSE:ISV ) has announced that it will pay a dividend of CA$0.23 per...
Declared Dividend • Mar 15Fourth quarter dividend of CA$0.23 announcedDividend of CA$0.23 is the same as last year. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 3.6%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is covered by earnings (65% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 27% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Price Target Changed • Mar 15Price target increased by 7.6% to CA$31.15Up from CA$28.95, the current price target is an average from 5 analysts. New target price is 21% above last closing price of CA$25.72. Stock is up 17% over the past year. The company is forecast to post earnings per share of CA$1.41 for next year compared to CA$1.41 last year.
Reported Earnings • Mar 13Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: CA$1.41 (down from CA$1.75 in FY 2022). Revenue: CA$214.5m (up 13% from FY 2022). Net income: CA$25.0m (down 19% from FY 2022). Profit margin: 12% (down from 16% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 1.1%. Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Real Estate industry in Canada. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year.
공시 • Mar 13Information Services Corporation Declares Quarterly Dividend on Class A Limited Voting Share, Payable on or Before April 15, 2024The Board of Directors of Information Services Corporation declared a quarterly cash dividend of $0.23 per Class A Limited Voting Share ("Class A Share"). The dividend will be paid on or before April 15, 2024 to shareholders of record as of March 31, 2024.
공시 • Mar 09Information Services Corporation, Annual General Meeting, May 14, 2024Information Services Corporation, Annual General Meeting, May 14, 2024.
공시 • Feb 21Information Services Corporation to Report Q4, 2023 Results on Mar 12, 2024Information Services Corporation announced that they will report Q4, 2023 results After-Market on Mar 12, 2024
New Risk • Feb 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 10% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Risks Earnings are forecast to decline by an average of 10% per year for the foreseeable future. High level of non-cash earnings (47% accrual ratio). Minor Risks High level of debt (99% net debt to equity). Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (11% net profit margin).
공시 • Feb 05Information Services Corporation Provides Consolidated Earnings Guidance for the Year 2024Information Services Corporation provided consolidated earnings guidance for the year 2024. For the year, the company expects revenue to grow within a range of $240.0 million and $250.0 million.
