FY2025 EPS Estimates for TSE:BDT Decreased by Stifel Canada

Bird Construction Inc. (TSE:BDT - Free Report) - Equities research analysts at Stifel Canada cut their FY2025 earnings per share (EPS) estimates for shares of Bird Construction in a report released on Wednesday, April 16th. Stifel Canada analyst I. Gillies now expects that the company will post earnings of $2.51 per share for the year, down from their previous forecast of $2.66. The consensus estimate for Bird Construction's current full-year earnings is $2.76 per share.

Other research analysts also recently issued research reports about the company. Canaccord Genuity Group cut their price target on Bird Construction from C$36.00 to C$35.00 and set a "buy" rating for the company in a research note on Friday, March 14th. BMO Capital Markets lowered their price target on shares of Bird Construction from C$30.00 to C$28.00 in a research report on Thursday, April 17th. Raymond James raised Bird Construction from an "outperform" rating to a "strong-buy" rating and set a C$35.00 target price on the stock in a research note on Tuesday. Stifel Nicolaus cut their price target on Bird Construction from C$37.00 to C$34.50 and set a "buy" rating for the company in a report on Thursday, April 17th. Finally, TD Securities dropped their price objective on Bird Construction from C$36.00 to C$33.00 and set a "buy" rating for the company in a research report on Tuesday, March 18th. Two equities research analysts have rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, Bird Construction currently has a consensus rating of "Buy" and a consensus target price of C$31.61.

Bird Construction Price Performance

BDT stock traded up C$0.34 during midday trading on Friday, hitting C$20.93. 245,899 shares of the stock were exchanged, compared to its average volume of 210,284. The stock's 50-day moving average price is C$21.26 and its 200-day moving average price is C$25.25. The company has a debt-to-equity ratio of 74.70, a quick ratio of 1.20 and a current ratio of 1.25. The stock has a market cap of C$1.17 billion, a price-to-earnings ratio of 12.67, a PEG ratio of 0.53 and a beta of 1.05. Bird Construction has a fifty-two week low of C$17.52 and a fifty-two week high of C$32.67.

Bird Construction Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, May 20th. Investors of record on Tuesday, May 20th will be issued a $0.07 dividend. The ex-dividend date is Wednesday, April 30th. This represents a $0.84 dividend on an annualized basis and a yield of 4.01%. 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.