National Bank Financial Lifts Earnings Estimates for Stantec

Stantec Inc. (TSE:STN - Free Report) NYSE: STN - Equities research analysts at National Bank Financial increased their FY2025 earnings per share (EPS) estimates for shares of Stantec in a research note issued to investors on Tuesday, February 25th. National Bank Financial analyst M. Sytchev now anticipates that the company will post earnings per share of $5.10 for the year, up from their prior forecast of $5.03. National Bank Financial also issued estimates for Stantec's FY2025 earnings at $5.10 EPS.

Several other research analysts have also recently commented on STN. Canaccord Genuity Group boosted their price target on shares of Stantec from C$135.00 to C$138.00 and gave the stock a "buy" rating in a report on Wednesday, February 26th. National Bankshares increased their target price on Stantec from C$140.00 to C$143.00 and gave the company an "outperform" rating in a report on Wednesday, February 26th. CIBC lifted their price target on Stantec from C$134.00 to C$139.00 and gave the stock an "outperform" rating in a report on Wednesday, February 26th. Royal Bank of Canada upped their price objective on Stantec from C$128.00 to C$138.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 26th. Finally, Stifel Nicolaus raised their target price on Stantec from C$135.00 to C$144.00 and gave the stock a "buy" rating in a research report on Wednesday, February 26th. One investment analyst has rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of C$140.33.

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Stantec Stock Down 2.8 %

Shares of STN stock traded down C$3.43 during trading hours on Friday, reaching C$118.00. 313,047 shares of the stock were exchanged, compared to its average volume of 260,464. The business's fifty day moving average is C$112.80 and its two-hundred day moving average is C$113.41. The firm has a market capitalization of C$13.45 billion, a P/E ratio of 39.38, a P/E/G ratio of 1.46 and a beta of 0.82. Stantec has a 12-month low of C$103.48 and a 12-month high of C$129.39. The company has a debt-to-equity ratio of 85.29, a current ratio of 1.42 and a quick ratio of 1.46.

Insiders Place Their Bets

In other Stantec news, Director Vito Culmone bought 3,000 shares of Stantec stock in a transaction dated Monday, December 30th. The stock was acquired at an average cost of C$112.03 per share, with a total value of C$336,099.00. 0.27% of the stock is currently owned by insiders.

Stantec Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Wednesday, January 15th were paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date of this dividend was Tuesday, December 31st. Stantec's dividend payout ratio is currently 28.03%.

About Stantec

Stantec Inc is a sustainable engineering, architecture, and environmental consulting company. The company is geographically diversified in three regional operating units namely Canada, the United States and Global, offering similar services across all regions. The company offers services in various sectors across the project life cycle through five business operating units infrastructure, water, buildings, environmental services, and energy and resources.