Calian Group (TSE:CGY) Posts Quarterly Earnings Results

Calian Group (TSE:CGY) posted its earnings results on Thursday. The company reported C$1.10 earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of C$230.40 million during the quarter. Calian Group had a net margin of 3.97% and a return on equity of 10.35%.

Here are the key takeaways from Calian Group’s conference call:

• Record Q3 performance: Revenue rose 20% year over year to CAD 230 million, including 16% organic growth, while adjusted EBITDA increased 35% to CAD 26 million and margins expanded to 11.1%.
• Defense and space remained the primary growth engine, with revenue up 20% and adjusted EBITDA up 25%; Calian also secured a 15-year Raytheon UK agreement worth nearly CAD 300 million in base revenue, with potentially comparable variable revenue.
• Calian’s pro forma backlog is approaching CAD 1.6 billion, including approximately CAD 1.3 billion in defense, supporting management’s expectation for a second consecutive year of bookings above CAD 1 billion and continued long-term demand from defense, nuclear, and health markets.
• Essential Industries gained momentum, with revenue up 20% and adjusted EBITDA up 46%; management highlighted improving U.S. commercial and nuclear demand, as well as potential long-term benefits from Canadian recruitment initiatives and plans for new nuclear reactors.
• Management expects working-capital usage of CAD 15 million–CAD 17 million for fiscal 2026, while investments in Europe, Canada, product platforms, and efficiency initiatives will accelerate in Q4 and fiscal 2027; these investments may temporarily pressure cash flow and margins despite the stronger outlook.

Calian Group Stock Up 7.3%

CGY stock opened at C$91.58 on Friday. Calian Group has a twelve month low of C$44.89 and a twelve month high of C$95.50. The company has a market cap of C$1.05 billion, a PE ratio of 32.13, a price-to-earnings-growth ratio of 2.50 and a beta of 0.96. The business’s 50-day simple moving average is C$81.57 and its 200 day simple moving average is C$77.39. The company has a quick ratio of 1.20, a current ratio of 1.51 and a debt-to-equity ratio of 63.54.

Calian Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, June 10th were given a dividend of $0.28 per share. The ex-dividend date of this dividend was Wednesday, May 27th. This represents a $1.12 dividend on an annualized basis and a yield of 1.2%. Calian Group’s dividend payout ratio (DPR) is 39.30%.

Insider Buying and Selling

In other Calian Group news, insider Patrick Belanger Houston sold 6,432 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of C$80.91, for a total value of C$520,413.12. Following the completion of the sale, the insider owned 22,266 shares in the company, valued at approximately C$1,801,542.06. This trade represents a 22.41% decrease in their position. 0.63% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

CGY has been the subject of a number of analyst reports. Stifel Nicolaus set a C$100.00 price target on Calian Group and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Canaccord Genuity Group raised their price target on Calian Group from C$103.00 to C$105.00 and gave the company a “buy” rating in a research report on Monday, June 29th. Canadian Imperial Bank of Commerce lifted their price objective on Calian Group from C$76.00 to C$90.00 in a research note on Friday, May 15th. ATB Cormark Capital Markets boosted their price objective on Calian Group from C$92.50 to C$98.50 and gave the stock an “outperform” rating in a research report on Tuesday, May 19th. Finally, Ventum increased their target price on Calian Group from C$94.00 to C$100.00 and gave the company a “buy” rating in a research note on Monday, June 15th. Nine research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of C$92.06.

Calian Group Company Profile

Calian Group Ltd operates through four segments namely Advanced Technologies, Health, Learning, and Information Technology. It generates maximum revenue from the Health segment. The company serves health, defence, security, aerospace, engineering, AgTech, and IT industries. Its Health segment includes Clinical Services; Nursing Services; Psychological Services and Medical Property Management. The Advanced Technologies segment includes Engineering Solutions and Services; Nuclear and Environmental Services; Satcom; DOCSIS; Electronics Design and Manufacturing and Agricultural Technology.