National Bank Financial Predicts TSE:BDT FY2025 Earnings

Bird Construction Inc. (TSE:BDT - Free Report) - Research analysts at National Bank Financial increased their FY2025 earnings per share estimates for shares of Bird Construction in a research report issued to clients and investors on Wednesday, November 6th. National Bank Financial analyst M. Sytchev now expects that the company will post earnings of $2.74 per share for the year, up from their previous forecast of $2.56. The consensus estimate for Bird Construction's current full-year earnings is $2.76 per share.

BDT has been the topic of several other reports. National Bankshares boosted their price target on shares of Bird Construction from C$23.00 to C$28.00 in a research report on Thursday, October 10th. TD Securities increased their price target on shares of Bird Construction from C$31.00 to C$36.00 in a research note on Thursday, October 10th. ATB Capital upped their target price on shares of Bird Construction from C$33.00 to C$35.00 in a report on Thursday, October 10th. Raymond James raised their price target on Bird Construction from C$30.00 to C$35.00 in a report on Thursday, October 10th. Finally, CIBC dropped their target price on shares of Bird Construction from C$31.00 to C$29.50 in a report on Thursday. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, Bird Construction has an average rating of "Moderate Buy" and a consensus price target of C$32.44.

Bird Construction Stock Up 1.4 %

Shares of BDT stock traded up C$0.42 on Monday, hitting C$29.50. 217,043 shares of the stock were exchanged, compared to its average volume of 147,454. The business has a 50-day moving average of C$26.35 and a 200 day moving average of C$24.54. Bird Construction has a fifty-two week low of C$11.55 and a fifty-two week high of C$32.67. The firm has a market capitalization of C$1.63 billion, a P/E ratio of 18.64, a price-to-earnings-growth ratio of 0.53 and a beta of 1.05. The company has a current ratio of 1.25, a quick ratio of 1.20 and a debt-to-equity ratio of 70.40.

Bird Construction (TSE:BDT - Get Free Report) last announced its quarterly earnings results on Tuesday, November 5th. The company reported C$0.69 earnings per share for the quarter, topping analysts' consensus estimates of C$0.67 by C$0.02. Bird Construction had a net margin of 2.68% and a return on equity of 26.97%. The company had revenue of C$898.94 million for the quarter, compared to analysts' expectations of C$961.37 million.

Bird Construction Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, December 20th. Investors of record on Friday, December 20th will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Friday, November 29th. This is a boost from Bird Construction's previous monthly dividend of $0.05. This represents a $0.84 annualized dividend and a dividend yield of 2.85%. Bird Construction's dividend payout ratio (DPR) is 53.85%.

About Bird Construction

Bird Construction Inc provides construction services in Canada. The company primarily focuses on projects in the industrial, and institutional, and infrastructure markets. It constructs large, complex industrial buildings, including manufacturing, processing, distribution, and warehouse facilities; and provides electrical and instrumentation, high voltage testing and commissioning services, as well as power line construction, structural, mechanical, and piping, including off-site metal and modular fabrication.