TSE:NOA Q2 EPS Forecast Lowered by Raymond James Financial

North American Construction Group Ltd. (TSE:NOA) (NYSE:NOA) – Raymond James Financial lowered their Q2 2025 earnings estimates for North American Construction Group in a report issued on Thursday, July 17th. Raymond James Financial analyst F. Bastien now forecasts that the company will earn $0.57 per share for the quarter, down from their previous estimate of $0.70. Raymond James Financial currently has a “Outperform” rating and a $40.00 target price on the stock. The consensus estimate for North American Construction Group’s current full-year earnings is $4.06 per share. Raymond James Financial also issued estimates for North American Construction Group’s Q3 2025 earnings at $1.43 EPS, Q4 2025 earnings at $0.99 EPS and FY2025 earnings at $3.42 EPS.

A number of other research firms also recently commented on NOA. TD Securities cut their price objective on North American Construction Group from C$33.00 to C$27.00 and set a “buy” rating on the stock in a report on Wednesday, April 16th. ATB Capital cut their price target on shares of North American Construction Group from C$37.00 to C$34.00 and set an “outperform” rating on the stock in a report on Friday, June 27th. BMO Capital Markets decreased their price objective on shares of North American Construction Group from C$34.00 to C$30.00 in a research note on Thursday, April 17th. CIBC cut their target price on shares of North American Construction Group from C$37.00 to C$36.00 in a research note on Thursday, May 22nd. Finally, Canaccord Genuity Group lowered shares of North American Construction Group from a “strong-buy” rating to a “hold” rating and reduced their target price for the company from C$33.00 to C$24.50 in a report on Friday, July 11th. One equities research analyst has rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, North American Construction Group presently has a consensus rating of “Buy” and an average price target of C$34.17.

North American Construction Group Price Performance

Shares of TSE:NOA opened at C$21.02 on Monday. The firm has a market capitalization of C$562.64 million, a price-to-earnings ratio of 9.88, a price-to-earnings-growth ratio of 0.79 and a beta of 1.59. The company has a debt-to-equity ratio of 212.25, a current ratio of 1.13 and a quick ratio of 0.79. The business’s 50 day simple moving average is C$23.18 and its 200-day simple moving average is C$24.20. North American Construction Group has a 12 month low of C$18.83 and a 12 month high of C$31.67.

Insider Activity

In other North American Construction Group news, Director Martin Robert Ferron sold 10,000 shares of the business’s stock in a transaction on Tuesday, June 10th. The stock was sold at an average price of C$24.74, for a total value of C$247,400.00. Insiders own 8.93% of the company’s stock.

North American Construction Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 11th. Stockholders of record on Friday, July 11th were paid a $0.12 dividend. The ex-dividend date was Wednesday, June 4th. This represents a $0.48 annualized dividend and a dividend yield of 2.28%. North American Construction Group’s dividend payout ratio is currently 18.81%.

North American Construction Group Company Profile

North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. The company operates Heavy Equipment – Canada, Heavy Equipment – Australia, and Other segments.