Reading the tape
NASDAQ: CSGS
CSG Systems International, Inc.
Technology · Software - Infrastructure
Market Cap
$2.29B
52w High
$80.67
52w Low
$59.96
P/E
39.53
Volume
20.93K
Outstanding Shares
28.51M
Price vs Fundamentals
Why The Stock Is Moving
Fundamentals are supporting the moveModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 32.5%Revenue (TTM): 2.18%FCF (TTM): 24.8%P/FCF: 56th pct
What changed
The stock rose 32.5% over the last year. Revenue grew 2.18% over the trailing twelve months. Operating margin moved from 10.97% to 13.62%. Free cash flow grew 24.8% over the trailing twelve months.
What the market seems to be pricing
The stock move broadly lines up with stronger business momentum, and the shares are still only around the 56th percentile of their historical P/FCF range.
What would invalidate this read
Operating margin is at 13.62%. Revenue grew 2.18% — this thesis depends on that trajectory holding. If revenue growth, margins, or free cash flow roll over while the stock keeps climbing, more of the move would be coming from multiple expansion than business progress.
Company profile
CSG Systems International, Inc. provides revenue management and digital monetization, customer engagement, and payment solutions primarily to the communications industry in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
CEOBrian A. Shepherd
SectorTechnology
IndustrySoftware - Infrastructure
Employees5,800
IPO dateFeb 28, 1996
Valuation
Forward P/E—
EV/EBITDA13.23
Enterprise value$2.53B
Stock splits
Mar 8, 1999↑ Forward
Every 1 shares became 2
Profitability & growth
Revenue growth2.03%
Gross margin48.33%▼2.33%vs FY2024
Operating margin13.62%▲123.67%vs FY2024
ROE19.7%▼35.92%vs FY2024
Analyst consensus
RatingBuy
Target price$80.70▲0.45%
7
Buy
6
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 6, 2026
Q2 FY26 · EPS est $1.04 · Revenue est $277.8M
View
Dividends
$1.30/shareQuarterlyDividend Achiever · 12yrAdequateCSGS pays a dividend with a 1.62% dividend yield, 12 consecutive years of growth, growing at 6.36% annually, covered 3.8× by free cash flow.
Dividend Yield
1.62%
Annual Div / Share
$1.30
5yr CAGR
+6.36%
Doubles every ~11.2yr
Payout Ratio
66.92%
Adequate
Dividend Growth Rate
3yr CAGR
+6.54%
5yr CAGR
+6.36%
10yr CAGR
+6.24%
Dividend Safety
7/10Adequate
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2025$1.30+6.6%
2024$1.22+7.0%
2023$1.14+6.0%
2022$1.07+5.9%
2021$1.01+6.3%
2020$0.95+5.8%
2019$0.90+5.9%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$16/yr
$1/mo
In 5 yrs
$22/yr+36%
$2/mo
In 10 yrs
$30/yr+85%
$2/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$16/yr $1/mo | $22/yr+36% $2/mo | $30/yr+85% $2/mo |
Yield-on-cost grows from 1.62% → 3% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
CSGS has raised its dividend for 12 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Well-covered by free cash flow
The dividend is covered 3.8× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 6.36% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.