Altus Group (AIF) Stock Price, News & Analysis

Company Overview

Altus Group Limited provides asset and funds intelligence solutions for commercial real estate (CRE). The company operates through Analytics, Property Tax, and Appraisals and Development Advisory segments. The Analytics segment portfolio includes software, data analytics, market data, and consulting services; CRE asset and fund management services; ARGUS-branded, finance active-branded debt management, and valuation management solutions; technology consulting services, such as strategic advisory for front-to-back-office strategies, processes, and technology; and software services related to education, training, and implementation. The Property Tax segment includes expert services and technology for property tax management, which include conducting property tax assessment reviews for commercial properties. The Appraisals and Development Advisory segments include services in the field of commercial property valuation appraisals, such as valuation appraisals of properties for transactional purposes, due diligence and litigation support, and economic consulting; and commercial development advisory services in the areas of construction feasibility studies, budgeting, cost and loan monitoring, and project management. It operates in Canada, the United Kingdom, France, Germany, Australia, the United States, Australia, Europe, the Middle East, Africa, and Asia Pacific. Altus Group Limited was founded in 2005 and is headquartered in Toronto, Canada.

Key Stats

• Today's Range: C$54.54 to C$54.94
• 50-Day Range: C$50.49 to C$55.35
• 52-Week Range: C$35.29 to C$59.60
• Volume: 29,176 shs
• Average Volume: 71,904 shs
• Market Capitalization: C$2.52 billion
• P/E Ratio: 912.33
• Dividend Yield: 1.10%
• Price Target: C$56.33
• Consensus Rating: Hold

Altus Group Stock Analysis - MarketRank™

Altus Group scored higher than 19% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.1 / 5
• Analyst Rating: Hold

Consensus Rating

Altus Group has received a consensus rating of Hold. The company's average rating score is 2.22, and is based on 2 buy ratings, 7 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Altus Group has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Altus Group is 912.33, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 122.51.

Price to Earnings Ratio vs. Sector

The P/E ratio of Altus Group is 912.33, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 243.28.

Price to Earnings Growth Ratio

Altus Group has a PEG Ratio of 0.96. PEG Ratios around 1 indicate that a company is correctly valued.

Price to Book Value per Share Ratio

Altus Group has a P/B Ratio of 4.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for AIF.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Altus Group pays a meaningful dividend of 1.10%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Altus Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Altus Group is 1,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for AIF.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.65

News Sentiment

Altus Group has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Real Estate companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Altus Group this week, compared to 1 article on an average week.

Search Interest

2 people have searched for AIF on MarketBeat in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Altus Group insiders have sold 3,885.47% more of their company's stock than they have bought. Specifically, they have bought C$27,240.00 in company stock and sold C$1,085,641.00 in company stock.

Percentage Held by Insiders

Only 4.05% of the stock of Altus Group is held by insiders.

Percentage Held by Institutions

58.73% of the stock of Altus Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AIF Stock Analysis - Frequently Asked Questions

How have AIF shares performed this year?

Altus Group's stock was trading at C$42.14 at the start of the year. Since then, AIF shares have increased by 29.9% and is now trading at C$54.74.
View the best growth stocks for 2024 here.

How were Altus Group's earnings last quarter?

Altus Group Limited (TSE:AIF) posted its earnings results on Thursday, August, 8th. The company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.23. The business earned $206.71 million during the quarter, compared to the consensus estimate of $132.50 million. Altus Group had a trailing twelve-month return on equity of 0.48% and a net margin of 0.37%.

How do I buy shares of Altus Group?

Shares of AIF stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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What other stocks do shareholders of Altus Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Altus Group investors own include Shopify (SHOP), NVIDIA (NVDA), Arista Networks (ANET), Enbridge (ENB), NextEra Energy Partners (NEP), PayPal (PYPL) and ASML (ASML).

Company Calendar

• Last Earnings: 8/08/2024
• Ex-Dividend for 10/15 Dividend: 9/27/2024
• Dividend Payable: 10/15/2024
• Today: 10/18/2024
• Next Earnings (Confirmed): 11/07/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Real Estate
• Industry: Real Estate Services
• Sub-Industry: N/A
• Current Symbol: TSE:AIF
• Previous Symbol: TSE:AIF.UN
• CUSIP: N/A
• CIK: N/A
• Web: www.altusgroup.com
• Phone: +1-416-6419500
• Fax: N/A
• Employees: 2,900
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$56.33
• High Stock Price Target: C$63.00
• Low Stock Price Target: C$51.00
• Potential Upside/Downside: +2.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.22
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.06
• Trailing P/E Ratio: 912.33
• Forward P/E Ratio: 31.71
• P/E Growth: 0.96
• Net Income: C$2.92 million
• Net Margins: 0.37%
• Pretax Margin: N/A
• Return on Equity: 0.48%
• Return on Assets: 3.39%

Debt

• Debt-to-Equity Ratio: 57.13
• Current Ratio: 1.41
• Quick Ratio: 1.30

Sales & Book Value

• Annual Sales: C$783.05 million
• Price / Sales: 3.22
• Cash Flow: C$1.10 per share
• Price / Cash Flow: 49.85
• Book Value: C$13.43 per share
• Price / Book: 4.08

Miscellaneous

• Outstanding Shares: 46,040,000
• Free Float: N/A
• Market Cap: C$2.52 billion
• Optionable: Not Optionable
• Beta: 0.82