CGI (TSE:GIB.A – Get Free Report) (NYSE:GIB) announced its quarterly earnings results on Wednesday. The company reported C$2.27 earnings per share for the quarter, FiscalAI reports. CGI had a return on equity of 19.51% and a net margin of 11.51%.The firm had revenue of C$4.16 billion for the quarter.
CGI Price Performance
GIB.A opened at C$88.91 on Friday. CGI has a one year low of C$84.70 and a one year high of C$152.63. The company has a debt-to-equity ratio of 34.24, a current ratio of 1.16 and a quick ratio of 0.97. The company’s 50 day simple moving average is C$100.06 and its 200-day simple moving average is C$114.21. The stock has a market capitalization of C$19.09 billion, a P/E ratio of 11.92, a price-to-earnings-growth ratio of 2.24 and a beta of 0.09.
CGI Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Friday, March 20th were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Wednesday, February 18th. CGI’s dividend payout ratio is 6.03%.
Trending Headlines about CGI
- Positive Sentiment: Earnings call (Q2 2026) highlighted continued strategic acquisitions and increased AI investments that management says will drive revenue and margin expansion over time. This underscores the company’s growth strategy and long?term catalysts. CGI Q2 2026 Earnings Call Highlights
- Positive Sentiment: CGI expanded its sovereign cloud and AI offerings in the Nordics through a strategic partnership with Cleura, which can help win regulated public?sector and enterprise deals in that region. This is a tangible revenue/capability catalyst in a high?demand area. CGI expands sovereign cloud and AI offerings
- Positive Sentiment: Desjardins set a new C$149 price target and a buy rating, signaling some analysts still see significant upside. Desjardins price target
- Positive Sentiment: Stifel Nicolaus maintained its buy rating on CGI, providing additional support from the buy?side analyst community. Stifel retains buy
- Neutral Sentiment: Sanford C. Bernstein slightly trimmed its price target (C$143 ? C$141) but still implies substantial upside, so the move is more housekeeping than a negative signal. Bernstein target change
- Neutral Sentiment: Canaccord lowered its PT (C$150 ? C$140) while keeping a buy rating, indicating expectations remain constructive despite a modest downgrade to estimates. Canaccord target change
- Negative Sentiment: Several brokerages cut price targets or downgraded the stock (Scotia to C$110/sector perform; Raymond James C$168?C$130; RBC downgraded to sector perform with C$100 PT; TD cut its PT sharply to C$102). The cluster of cuts is pressuring near?term sentiment and likely contributing to today’s decline. Analyst rating changes (BayStreet) RBC downgrade
Analysts Set New Price Targets
Several analysts have weighed in on the stock. Scotia decreased their price objective on shares of CGI from C$120.00 to C$110.00 and set a “sector perform” rating on the stock in a research note on Thursday. Raymond James Financial decreased their price objective on shares of CGI from C$168.00 to C$130.00 and set an “outperform” rating on the stock in a research note on Thursday. Royal Bank Of Canada cut shares of CGI from an “outperform” rating to a “sector perform” rating and decreased their price objective for the stock from C$150.00 to C$100.00 in a research note on Thursday. Canaccord Genuity Group decreased their price objective on shares of CGI from C$150.00 to C$140.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, Canadian Imperial Bank of Commerce decreased their price objective on shares of CGI from C$132.00 to C$112.00 in a research note on Friday, April 17th. Eight analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of C$127.46.
Read Our Latest Analysis on GIB.A
CGI Company Profile
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 91,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results.
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