National Bank Financial Estimates NOA Q1 Earnings

North American Construction Group Ltd. (NYSE:NOA - Free Report) TSE: NOA - Equities research analysts at National Bank Financial issued their Q1 2025 earnings estimates for shares of North American Construction Group in a research report issued on Tuesday, December 3rd. National Bank Financial analyst M. Sytchev anticipates that the oil and gas company will post earnings of $0.67 per share for the quarter. The consensus estimate for North American Construction Group's current full-year earnings is $2.79 per share. National Bank Financial also issued estimates for North American Construction Group's Q3 2025 earnings at $0.72 EPS and Q4 2025 earnings at $0.84 EPS.

Several other brokerages have also recently commented on NOA. CIBC raised North American Construction Group from a "neutral" rating to a "sector outperform" rating in a research note on Thursday. Cibc World Mkts raised shares of North American Construction Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday.

North American Construction Group Stock Down 1.4 %

NYSE NOA traded down $0.30 on Friday, reaching $20.74. The stock had a trading volume of 88,240 shares, compared to its average volume of 45,307. The company has a current ratio of 1.13, a quick ratio of 0.88 and a debt-to-equity ratio of 1.85. North American Construction Group has a 1 year low of $16.46 and a 1 year high of $25.92. The business has a 50 day moving average price of $19.13 and a 200 day moving average price of $19.26. The company has a market capitalization of $577.19 million, a price-to-earnings ratio of 14.41 and a beta of 1.49.

North American Construction Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Wednesday, November 27th will be paid a dividend of $0.089 per share. This represents a $0.36 annualized dividend and a dividend yield of 1.72%. The ex-dividend date of this dividend is Wednesday, November 27th. This is an increase from North American Construction Group's previous quarterly dividend of $0.07. North American Construction Group's dividend payout ratio is 24.31%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Bank of Montreal Can grew its holdings in North American Construction Group by 15.3% during the third quarter. Bank of Montreal Can now owns 2,154,347 shares of the oil and gas company's stock valued at $40,519,000 after purchasing an additional 285,225 shares during the last quarter. Polar Asset Management Partners Inc. boosted its holdings in shares of North American Construction Group by 59.8% during the 3rd quarter. Polar Asset Management Partners Inc. now owns 1,709,868 shares of the oil and gas company's stock worth $31,981,000 after buying an additional 639,857 shares during the period. CIBC Asset Management Inc grew its stake in North American Construction Group by 11.9% in the 3rd quarter. CIBC Asset Management Inc now owns 1,291,883 shares of the oil and gas company's stock valued at $24,167,000 after buying an additional 137,327 shares during the last quarter. Mackenzie Financial Corp raised its holdings in North American Construction Group by 3.3% in the 2nd quarter. Mackenzie Financial Corp now owns 1,232,145 shares of the oil and gas company's stock worth $23,762,000 after acquiring an additional 39,480 shares during the period. Finally, National Bank of Canada FI raised its holdings in North American Construction Group by 69.1% in the 3rd quarter. National Bank of Canada FI now owns 1,177,109 shares of the oil and gas company's stock worth $22,012,000 after acquiring an additional 480,885 shares during the period. Institutional investors and hedge funds own 74.99% of the company's stock.

About North American Construction Group

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.