Haivision Systems Inc.

TSX:HAI Stock Report

Market Cap: CA$169.3m

Haivision Systems Dividends and Buybacks

Dividend criteria checks 0/6

Haivision Systems does not have a record of paying a dividend.

Key information

n/a

Dividend yield

2.6%

Buyback Yield

Total Shareholder Yield2.6%
Future Dividend Yieldn/a
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ration/a

Recent dividend and buyback updates

No updates

Recent updates

Narrative Update May 12

HAI: Share Buybacks And Higher P/E Assumptions Will Support Upside Potential

Analysts have trimmed their target for Haivision Systems to about CA$10.94 from CA$11.56, reflecting updated views on revenue growth potential, profit margins, and P/E assumptions following recent Street research, including the latest cut from Canaccord. Analyst Commentary Bullish Takeaways Bullish analysts view the revised CA$10.94 target as still leaving some room for upside if the company can deliver on revenue execution assumptions embedded in recent models.
Narrative Update Apr 27

HAI: Buybacks And Modest Discount Rate Shift Will Support 2026 Confidence

Analysts have trimmed their price target on Haivision Systems by CA$2.50, citing updated assumptions around discount rates and valuation multiples, while keeping fair value broadly in line with prior estimates. Analyst Commentary Bullish Takeaways Bullish analysts see the revised price target as largely housekeeping, reflecting updated discount rate and multiple assumptions rather than a fundamental shift in the long term outlook.
Narrative Update Apr 11

HAI: Upgrade And Buybacks Will Support Confidence In 2026 Earnings Delivery

Analysts have updated their outlook on Haivision Systems, with the consensus price target now aligned with a fair value estimate of CA$11.56. Recent research points to refined assumptions for discount rate, revenue growth, profit margin, and future P/E rather than a major shift in the underlying story.
Narrative Update Mar 28

HAI: Upgrade And Buybacks Will Support Confidence In 2026 Earnings Delivery

Analysts have lifted their price target on Haivision Systems from CA$10.69 to CA$11.56, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples reflected in recent research such as the upgrade from Canaccord. Analyst Commentary Bullish Takeaways Bullish analysts view the higher CA$11.56 target as better aligned with updated assumptions on discount rates, suggesting the risk profile used in their models is now more closely matched to current conditions.
Narrative Update Mar 13

HAI: Upgrade And Buybacks Will Frame Balanced Expectations For 2026 Earnings

Analysts have adjusted their CA$ price target for Haivision Systems to reflect updated assumptions around discount rates, revenue growth, profit margins, and future P/E. The recent Canaccord upgrade highlights renewed confidence in the company’s outlook.
Narrative Update Feb 27

HAI: Upgrade And Buybacks Will Support Confidence In 2026 Earnings Execution

Analysts have raised their price target on Haivision Systems by CA$0.50 to CA$10.69, citing updated assumptions around fair value and price-to-earnings expectations following recent research commentary and an upgrade at Canaccord. Analyst Commentary Recent research commentary around Haivision Systems focuses on how updated assumptions feed into the refreshed fair value range and P/E expectations implied by the new CA$10.69 price target.
New Narrative Feb 23

Long-Term Defense And Secure Video Demand Will Transform This Undervalued ISR And Control Room Leader

Catalysts About Haivision Systems Haivision Systems provides secure, low latency video networking, encoding and contribution solutions for mission critical, broadcast and enterprise customers worldwide. What are the underlying business or industry changes driving this perspective?
Narrative Update Feb 13

HAI: Upgrade And Buybacks Will Test Confidence In 2026 Guidance Execution

Analysts have lifted their price target on Haivision Systems from CA$8.13 to CA$10.19, pointing to adjustments in fair value, discount rate, revenue growth, profit margin, and future P/E assumptions following recent research updates such as the Canaccord upgrade. Analyst Commentary Bullish Takeaways Bullish analysts link the higher fair value estimate to a view that the revised assumptions on revenue growth and profit margins better reflect the company’s current positioning and recent research updates.
New Narrative Feb 08

Mission-Focused Markets And Recurring Revenue Will Support A Steady Long-Term Outlook

Catalysts About Haivision Systems Haivision Systems provides secure, low latency video encoding, contribution and control room solutions to defense, government, enterprise and live broadcast customers. What are the underlying business or industry changes driving this perspective?
Narrative Update Jan 30

HAI: Fair Value View Will Rely On 2026 Guidance Execution

Analysts have lifted their price target on Haivision Systems from $7.63 to $8.13, citing updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions reflected in recent research. Analyst Commentary Bullish Takeaways Bullish analysts see the higher price target as better aligned with their refreshed view of fair value, given updated assumptions on revenue growth and profit margins.
Analysis Article Jan 16

Investors Appear Satisfied With Haivision Systems Inc.'s (TSE:HAI) Prospects

With a median price-to-sales (or "P/S") ratio of close to 1.1x in the Communications industry in Canada, you could be...
Narrative Update Jan 16

HAI: Higher P/E Outlook Will Support Re Rated Upside Potential

Analysts have lifted their price target on Haivision Systems to $7.63 from $6.09, citing updated assumptions around revenue growth, profit margin and a higher future P/E multiple following recent research. Analyst Commentary Bullish Takeaways Bullish analysts highlight that the higher price target to $7.63 reflects updated assumptions around revenue growth and profitability that they see as better aligned with recent research on the business.
Narrative Update Sep 13

Transition To Manufacturing And Defense Tech Investments Will Drive Future Opportunities

Haivision Systems' consensus analyst price target was notably raised, driven by a near doubling of its future P/E multiple despite a substantial decline in net profit margin, resulting in a new fair value of CA$6.09. Valuation Changes Summary of Valuation Changes for Haivision Systems The Consensus Analyst Price Target has significantly risen from CA$4.96 to CA$6.09.
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New Narrative Mar 10

$826 Million US Navy Contract Will Showcase Role In High-Margin, Mission-Critical Projects

Transition to a manufacturer model and international scaling will improve margins and drive growth.
Analysis Article Jan 28

Haivision Systems' (TSE:HAI) Earnings Offer More Than Meets The Eye

Despite posting healthy earnings, Haivision Systems Inc.'s ( TSE:HAI ) stock has been quite weak. We have done some...
Analysis Article Jan 17

Haivision Systems Inc.'s (TSE:HAI) Shares May Have Run Too Fast Too Soon

It's not a stretch to say that Haivision Systems Inc.'s ( TSE:HAI ) price-to-sales (or "P/S") ratio of 1x right now...
Analysis Article Aug 29

Optimistic Investors Push Haivision Systems Inc. (TSE:HAI) Shares Up 26% But Growth Is Lacking

Haivision Systems Inc. ( TSE:HAI ) shareholders have had their patience rewarded with a 26% share price jump in the...
Analysis Article Aug 20

Is Haivision Systems (TSE:HAI) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Mar 22

Haivision Systems' (TSE:HAI) Performance Is Even Better Than Its Earnings Suggest

The subdued stock price reaction suggests that Haivision Systems Inc.'s ( TSE:HAI ) strong earnings didn't offer any...
Analysis Article Mar 22

Haivision Systems' (TSE:HAI) Robust Earnings Are Not All Good News For Shareholders

After announcing healthy earnings, Haivision Systems Inc.'s ( TSE:HAI ) stock rose over the last week. While the...

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Insufficient data to determine if HAI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if HAI's dividend payments have been increasing.


Dividend Yield vs Market

Haivision Systems Dividend Yield vs Market
How does HAI dividend yield compare to the market?
SegmentDividend Yield
Company (HAI)n/a
Market Bottom 25% (CA)1.7%
Market Top 25% (CA)5.5%
Industry Average (Communications)1.7%
Analyst forecast (HAI) (up to 3 years)n/a

Notable Dividend: Unable to evaluate HAI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate HAI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate HAI's payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as HAI has not reported any payouts.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/18 09:37
End of Day Share Price 2026/05/15 00:00
Earnings2026/01/31
Annual Earnings2025/10/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Haivision Systems Inc. is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nick CorcoranAcumen Capital Finance Partners Limited
Jesse PytlakATB Cormark Historical (Cormark Securities)
Donangelo VolpeBeacon Securities Limited