National Bank Financial Predicts Higher Earnings for Stantec

Stantec Inc. (TSE:STN) (NYSE:STN) – Stock analysts at National Bank Financial upped their FY2025 earnings estimates for Stantec in a research report issued on Tuesday, February 25th. National Bank Financial analyst M. Sytchev now forecasts that the company will post earnings of $5.10 per share for the year, up from their prior forecast of $5.03. National Bank Financial also issued estimates for Stantec’s FY2025 earnings at $5.10 EPS.

Other research analysts also recently issued reports about the stock. Scotiabank boosted their target price on shares of Stantec from C$129.00 to C$141.00 and gave the company an “outperform” rating in a research report on Wednesday. Raymond James upgraded shares of Stantec from a “market perform” rating to an “outperform” rating and boosted their target price for the company from C$130.00 to C$140.00 in a research report on Wednesday. BMO Capital Markets boosted their target price on shares of Stantec from C$135.00 to C$138.00 in a research report on Friday, December 6th. CIBC boosted their target price on shares of Stantec from C$134.00 to C$139.00 and gave the company an “outperform” rating in a research report on Wednesday. Finally, Stifel Nicolaus upped their price objective on shares of Stantec from C$135.00 to C$144.00 and gave the stock a “buy” rating in a research report on Wednesday. One investment analyst has rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of C$140.33.

Stantec Trading Up 0.9 %

TSE STN opened at C$123.26 on Friday. The company has a market capitalization of C$14.05 billion, a PE ratio of 41.13, a P/E/G ratio of 1.46 and a beta of 0.82. The company has a fifty day moving average of C$112.66 and a 200 day moving average of C$113.38. Stantec has a 1 year low of C$103.48 and a 1 year high of C$129.39. The company has a debt-to-equity ratio of 85.29, a current ratio of 1.42 and a quick ratio of 1.46.

Insider Transactions at Stantec

In related news, Director Vito Culmone bought 3,000 shares of the business’s stock in a transaction dated Monday, December 30th. The stock was acquired at an average price of C$112.03 per share, with a total value of C$336,099.00. Corporate insiders own 0.27% of the company’s stock.

Stantec Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 15th were paid a dividend of $0.21 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.68%. Stantec’s dividend payout ratio is currently 28.03%.

Stantec Company Profile

Stantec Inc is a sustainable engineering, architecture, and environmental consulting company. The company is geographically diversified in three regional operating units namely Canada, the United States and Global, offering similar services across all regions. The company offers services in various sectors across the project life cycle through five business operating units infrastructure, water, buildings, environmental services, and energy and resources.