FY2025 Earnings Estimate for Stantec Issued By Stifel Canada

Stantec Inc. (NYSE:STN - Free Report) TSE: STN - Analysts at Stifel Canada increased their FY2025 earnings per share (EPS) estimates for Stantec in a research note issued on Wednesday, April 16th. Stifel Canada analyst I. Gillies now forecasts that the business services provider will earn $3.72 per share for the year, up from their previous forecast of $3.70. The consensus estimate for Stantec's current full-year earnings is $3.05 per share.

Separately, Raymond James raised shares of Stantec from a "market perform" rating to an "outperform" rating in a report on Wednesday, February 26th. Five research analysts have rated the stock with a buy rating, According to MarketBeat, Stantec currently has a consensus rating of "Buy".

Stantec Stock Performance

STN stock traded up $1.38 during midday trading on Friday, hitting $86.44. The company's stock had a trading volume of 82,512 shares, compared to its average volume of 136,785. The stock has a market cap of $9.86 billion, a price-to-earnings ratio of 39.29 and a beta of 1.00. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.54. The stock's 50-day moving average price is $82.75 and its 200 day moving average price is $81.74. Stantec has a 1 year low of $73.18 and a 1 year high of $90.24.

Stantec Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Friday, March 28th were paid a $0.1574 dividend. This is an increase from Stantec's previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Friday, March 28th. This represents a $0.63 annualized dividend and a yield of 0.73%. Stantec's dividend payout ratio is presently 26.61%.

Institutional Trading of Stantec

Large investors have recently bought and sold shares of the company. Tower Research Capital LLC TRC grew its stake in shares of Stantec by 632.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 491 shares of the business services provider's stock worth $39,000 after acquiring an additional 424 shares during the period. Parallel Advisors LLC boosted its position in Stantec by 37.6% during the first quarter. Parallel Advisors LLC now owns 874 shares of the business services provider's stock worth $72,000 after purchasing an additional 239 shares during the period. GHP Investment Advisors Inc. bought a new stake in shares of Stantec in the first quarter valued at approximately $85,000. Versant Capital Management Inc purchased a new stake in shares of Stantec during the 1st quarter valued at approximately $97,000. Finally, Blue Trust Inc. boosted its holdings in Stantec by 78.4% in the 4th quarter. Blue Trust Inc. now owns 1,739 shares of the business services provider's stock worth $140,000 after buying an additional 764 shares during the period. 63.86% of the stock is owned by hedge funds and other institutional investors.

About Stantec

Stantec Inc provides professional services in the areas of infrastructure and facilities to the public and private sectors in Canada, the United States, and internationally. It offers evaluation, planning, and designing infrastructure solutions; solutions for sustainable water resources, planning, management, and infrastructure; environmental services; integrated architecture, engineering, interior design, and planning solutions for buildings; and energy and resources solutions.