Equities Analysts Set Expectations for CGI Group Q2 Earnings

CGI Group, Inc. (NYSE:GIB) (TSE:GIB.A) – Investment analysts at Desjardins upped their Q2 2026 earnings estimates for shares of CGI Group in a research note issued on Wednesday, November 5th. Desjardins analyst J. Dubreuil now anticipates that the technology company will post earnings of $1.68 per share for the quarter, up from their prior estimate of $1.66. The consensus estimate for CGI Group’s current full-year earnings is $5.79 per share. Desjardins also issued estimates for CGI Group’s Q4 2026 earnings at $1.65 EPS, Q1 2027 earnings at $1.68 EPS, Q2 2027 earnings at $1.78 EPS, Q3 2027 earnings at $1.79 EPS, Q4 2027 earnings at $1.82 EPS and FY2027 earnings at $7.10 EPS.

GIB has been the subject of a number of other research reports. UBS Group dropped their target price on CGI Group from $112.00 to $105.00 and set a “neutral” rating for the company in a research report on Thursday, July 31st. Weiss Ratings reissued a “hold (c)” rating on shares of CGI Group in a research note on Wednesday, October 8th. TD Securities upgraded shares of CGI Group to a “strong-buy” rating in a report on Friday, October 3rd. Finally, Royal Bank Of Canada reduced their target price on shares of CGI Group from $175.00 to $165.00 and set an “outperform” rating on the stock in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, CGI Group has a consensus rating of “Moderate Buy” and a consensus price target of $135.00.

CGI Group Price Performance

GIB opened at $86.26 on Friday. The company has a current ratio of 1.27, a quick ratio of 0.94 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $19.23 billion, a P/E ratio of 15.94, a PEG ratio of 1.46 and a beta of 0.71. The stock has a 50-day moving average price of $90.41 and a 200-day moving average price of $98.61. CGI Group has a 12-month low of $84.24 and a 12-month high of $122.79.

CGI Group (NYSE:GIB) (TSE:GIB.A) last released its earnings results on Wednesday, November 5th. The technology company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.02. CGI Group had a return on equity of 18.53% and a net margin of 11.01%.The business had revenue of $2.88 billion for the quarter, compared to analysts’ expectations of $4 billion. During the same quarter in the prior year, the firm earned $1.92 earnings per share. The firm’s revenue was up 9.7% on a year-over-year basis.

Institutional Investors Weigh In On CGI Group

A number of large investors have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. grew its stake in shares of CGI Group by 275.3% in the first quarter. Goldman Sachs Group Inc. now owns 898,276 shares of the technology company’s stock worth $89,675,000 after purchasing an additional 658,925 shares during the last quarter. Principal Financial Group Inc. raised its position in CGI Group by 0.9% during the 1st quarter. Principal Financial Group Inc. now owns 55,151 shares of the technology company’s stock valued at $5,505,000 after purchasing an additional 500 shares during the last quarter. Amundi lifted its holdings in CGI Group by 5.2% in the 1st quarter. Amundi now owns 358,628 shares of the technology company’s stock worth $35,985,000 after buying an additional 17,740 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in shares of CGI Group in the 1st quarter worth approximately $645,000. Finally, American Century Companies Inc. grew its position in shares of CGI Group by 49.6% in the 1st quarter. American Century Companies Inc. now owns 41,686 shares of the technology company’s stock worth $4,162,000 after buying an additional 13,827 shares during the last quarter. Institutional investors own 66.68% of the company’s stock.

CGI Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Friday, November 21st will be given a $0.17 dividend. The ex-dividend date is Friday, November 21st. This is an increase from CGI Group’s previous quarterly dividend of $0.11. This represents a $0.68 annualized dividend and a yield of 0.8%. CGI Group’s dividend payout ratio is presently 7.95%.

About CGI Group

CGI Inc, together with its subsidiaries, provides information technology (IT) and business process services. Its services include the business and strategic IT consulting, systems integration, and software solutions. The company also provides application development, modernization and maintenance, holistic enterprise digitization, automation, hybrid and cloud management, and business process services; intellectual property-based solutions; business consulting; managed IT services; and IT infrastructure services.