National Bankshares Has Lowered Expectations for Bird Construction (TSE:BDT) Stock Price

Bird Construction (TSE:BDT) had its target price decreased by National Bankshares from C$32.00 to C$30.00 in a research report report published on Friday morning,BayStreet.CA reports. National Bankshares currently has a sector perform rating on the stock.

Separately, CIBC increased their target price on shares of Bird Construction from C$34.00 to C$36.00 in a report on Monday, February 3rd. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, Bird Construction has a consensus rating of “Moderate Buy” and a consensus price target of C$33.00.

Bird Construction Trading Up 5.3 %

TSE:BDT opened at C$21.51 on Friday. The firm has a market capitalization of C$1.20 billion, a P/E ratio of 13.03, a P/E/G ratio of 0.53 and a beta of 1.05. Bird Construction has a 52 week low of C$17.89 and a 52 week high of C$32.67. The company has a quick ratio of 1.20, a current ratio of 1.25 and a debt-to-equity ratio of 74.70. The company has a fifty day moving average of C$23.05 and a 200 day moving average of C$25.63.

Bird Construction Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 20th will be paid a $0.07 dividend. The ex-dividend date is Friday, February 28th. This represents a $0.84 annualized dividend and a yield of 3.91%. Bird Construction’s payout ratio is 50.87%.

Bird Construction Company Profile

Bird Construction Inc operates as a general contractor in the Canadian construction market. The company focuses primarily on projects in the industrial, commercial and institutional sectors of the general contracting industry. It provides construction services such as new construction for industrial, commercial, and institutional markets; industrial maintenance, repair and operations (MRO) services, heavy civil construction and contract surface mining; as well as vertical infrastructure including, electrical, mechanical, and specialty trades.