CSG Systems International, Inc. (CSGS)

NASDAQ: CSGS · IEX Real-Time Price · USD
54.79
+1.48 (2.78%)
At close: Feb 27, 2024, 4:00 PM
55.74
+0.95 (1.73%)
After-hours: Feb 27, 2024, 4:39 PM EST
2.78%
Market Cap 1.57B
Revenue (ttm) 1.17B
Net Income (ttm) 66.25M
Shares Out 29.44M
EPS (ttm) 2.20
PE Ratio 24.90
Forward PE 13.42
Dividend $1.20 (2.19%)
Ex-Dividend Date Mar 14, 2024
Volume 347,871
Open 53.85
Previous Close 53.31
Day's Range 53.58 - 55.04
52-Week Range 45.27 - 69.35
Beta 0.84
Analysts Strong Buy
Price Target 65.00 (+18.64%)
Earnings Date Feb 7, 2024

About CSGS

CSG Systems International, Inc., together with its subsidiaries, provides revenue management and digital monetization, customer experience, and payment solutions primarily to the communications industry in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers Advanced Convergent Platform, a private SaaS platform; and related solutions, including service technician management, analytics, electronic bill presentment, etc. The company also provides a public SaaS-based revenue management and payments platform. In addition, ... [Read more]

Sector Technology
IPO Date Feb 28, 1996
Employees 6,000
Stock Exchange NASDAQ
Ticker Symbol CSGS
Full Company Profile

Financial Performance

In 2023, CSGS's revenue was $1.17 billion, an increase of 7.30% compared to the previous year's $1.09 billion. Earnings were $66.25 million, an increase of 50.35%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for CSGS stock is "Strong Buy." The 12-month stock price forecast is $65.0, which is an increase of 18.64% from the latest price.

Price Target
$65.0
(18.64% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

CSG to Present at Citizens JMP's Technology Conference

DENVER--(BUSINESS WIRE)--CSG® (NASDAQ: CSGS) today announced that the company will present at Citizens JMP's Technology Conference at The Ritz Carlton, 600 Stockton Street, San Francisco, CA. The pres...

4 days ago - Business Wire

CSG Systems (CSGS) CFO On Revenue & Payment Solutions

CSG Systems (CSGS) provides revenue and payment solutions to the communications industry. CFO Han Tran joins Nicole Petallides to discuss the outlook for the company, as well as growth opportunities.

18 days ago - Schwab Network

CSG Systems International Announces its 11th Consecutive Year of Increased Dividend Payout

DENVER--(BUSINESS WIRE)--CSG® (NASDAQ: CSGS) today announced that its Board of Directors approved a 7% increase in the Company's quarterly cash dividend payment. The new quarterly payment amount has b...

20 days ago - Business Wire

CSG Systems International Reports Fourth Quarter and Full Year 2023 Results

DENVER--(BUSINESS WIRE)--CSG (NASDAQ: CSGS) today reported results for the quarter and year ended December 31, 2023. Financial Results: Fourth quarter 2023 financial results: Total revenue was $297.3 ...

20 days ago - Business Wire

Lendica and CSG Forte Partnership Ushers in New Era of Embedded Business Lending

BOSTON , Jan. 30, 2024 /PRNewswire/ -- Lendica, an embedded AI lending company, and CSG Forte, a  CSG® (NASDAQ: CSGS) company and a leader in complete and customizable digital payments, announce a str...

4 weeks ago - PRNewsWire

CSG Earns Recognition from Leading Analyst Firms

DENVER--(BUSINESS WIRE)--Communication service providers (CSPs) are racing to modernize their operations and deliver dynamic and personalized experiences for their customers. To leverage automation, i...

5 weeks ago - Business Wire

CSG Systems International to Hold Fourth Quarter and Full-Year 2023 Earnings Conference Call on February 7

DENVER--(BUSINESS WIRE)--CSG® (NASDAQ: CSGS) invites you to participate in a conference call on Wednesday, February 7, 2024, at 5:00 p.m. ET to discuss the company's fourth quarter and full-year 2023 ...

2 months ago - Business Wire

CSG Pledges Carbon Neutrality, Underscoring Commitment to a Sustainable Future

DENVER--(BUSINESS WIRE)--CSG (NASDAQ: CSGS) today proudly declares its commitment to leading the charge toward a sustainable future by achieving carbon neutrality in Scope 1 & 2 emissions by 2035. Thi...

2 months ago - Business Wire

CSG to Present at Oppenheimer's 4th Annual Virtual 5G Summit

DENVER--(BUSINESS WIRE)--CSG® (NASDAQ: CSGS) today announced that the company will present at Oppenheimer's 4th Annual Virtual 5G Summit on Monday, December 11th. The presentation will be held at 11:0...

3 months ago - Business Wire

M1 Selects CSG Ascendon to Power Its Digital B2B

SINGAPORE--(BUSINESS WIRE)--The Singaporean telecommunications market is one of the world's most competitive and mature, driven by the first standalone 5G network and a massive wireless broadband pene...

3 months ago - Business Wire

CSG Systems International Approves Quarterly Dividend

DENVER--(BUSINESS WIRE)--CSG® (NASDAQ: CSGS) today announced that its Board of Directors approved the Company's quarterly cash dividend payment of $0.28 per share of common stock to be paid on Decembe...

3 months ago - Business Wire

CSG Recognized in The Top Ten Percent for ESG Corporate Rating by Morningstar Sustainalytics

DENVER--(BUSINESS WIRE)--CSG® (NASDAQ: CSGS) today announced that Morningstar Sustainalytics, a leading Environmental, Social and Governance “ESG” Corporate rating agency, scored CSG in the top ten pe...

3 months ago - Business Wire

CSG Systems International Reports Third Quarter 2023 Results

DENVER--(BUSINESS WIRE)--CSG (NASDAQ: CSGS) today reported results for the quarter ended September 30, 2023. Financial Results: Third quarter 2023 financial results: Total revenue was $286.9 million. ...

4 months ago - Business Wire

Say Goodbye to Consumer Bill Shock with CSG Bill Explainer

DENVER--(BUSINESS WIRE)--CSG® (NASDAQ: CSGS) empowers companies to build unforgettable digital experiences with consumers and businesses alike. To help businesses achieve a new level of customer trust...

4 months ago - Business Wire

CSG Systems International to Hold Third Quarter 2023 Earnings Conference Call on Nov. 1

DENVER--(BUSINESS WIRE)--CSG® (NASDAQ: CSGS) invites you to participate in a conference call on Wednesday, November 1, 2023 at 5:00 p.m. ET to discuss the company's third quarter 2023 earnings results...

5 months ago - Business Wire

CSG Publishes Second Annual Sustainability Accounting Standards Board Report for Fiscal Year 2022

DENVER--(BUSINESS WIRE)--CSG® (NASDAQ: CSGS) today published its second annual sustainability disclosure in accordance with standards issued by the Sustainability Accounting Standards Board (“SASB”). ...

5 months ago - Business Wire

CSG Forte Engage Enables Customers to Pay Bills the Way They Want

FORT WORTH, Texas--(BUSINESS WIRE)--CSG Forte, a CSG® (NASDAQ: CSGS) company and a leader in complete and customizable digital payments, today launched CSG Forte Engage. A multi-channel, no-code payme...

6 months ago - Business Wire

CSG Systems International Announces Upsize and Pricing of $375 Million Private Offering of 3.875% Convertible Senior Notes

DENVER--(BUSINESS WIRE)--CSG Systems International, Inc. (NASDAQ: CSGS) today announced the pricing of its private offering of $375.0 million aggregate principal amount of 3.875% Convertible Senior No...

6 months ago - Business Wire

CSG Systems International Announces Proposed Offering of Convertible Senior Notes

DENVER--(BUSINESS WIRE)--CSG Systems International, Inc. (NASDAQ: CSGS) today announced it intends to offer, subject to market and other conditions, $350.0 million aggregate principal amount of Conver...

6 months ago - Business Wire

CSG Systems International Announces An Increase in Share Repurchase Authorization

DENVER--(BUSINESS WIRE)--CSG Systems International, Inc. (NASDAQ: CSGS) today announced that its Board of Directors has increased the authorization under CSG's existing Stock Repurchase Program by an ...

6 months ago - Business Wire

CSG Announces Management Team Changes

DENVER--(BUSINESS WIRE)--CSG® (NASDAQ: CSGS) today announced that Ken Kennedy, Chief Operating Officer & President of Revenue Management & Digital Monetization, and Dave Schaaf, Chief Accounting Offic...

6 months ago - Business Wire

CSG Systems International Reports Second Quarter 2023 Results

DENVER--(BUSINESS WIRE)--CSG (NASDAQ: CSGS) today reported results for the quarter ended June 30, 2023. H1 Revenue Up 11.1% Organically YoY Representing CSG's Best H1 Result in Nearly Two Decades Rais...

7 months ago - Business Wire

ATN Gears Up for Rapid Wireless Growth with CSG

DENVER--(BUSINESS WIRE)--Empowering remote and rural communities in Americas and the Caribbean to connect with the world has been a priority for ATN International (ATN), a leading provider of digital ...

7 months ago - Business Wire

CSG Propels Wireless Growth for Airtel Africa Across 14-Country Footprint

BRISBANE, Australia--(BUSINESS WIRE)--CSG® (NASDAQ: CSGS) today announced the completion of its digital transformation project with Airtel Africa, a leading telecommunications and mobile money service...

7 months ago - Business Wire

CSG Forte Earns Best API Set by The Strawhecker Group in 2023 Best of Breed API Awards

ALLEN, Texas--(BUSINESS WIRE)--CSG Forte, a CSG® (NASDAQ: CSGS) company and the leader in complete and customizable digital payments, was recognized by The Strawhecker Group (TSG) as the Best API Set ...

8 months ago - Business Wire