North American Construction Group Ltd. (TSE:NOA) to Issue Quarterly Dividend of $0.12

North American Construction Group Ltd. (TSE:NOA - Get Free Report) NYSE: NOA declared a quarterly dividend on Thursday, March 13th, TickerTech Dividends reports. Shareholders of record on Wednesday, April 9th will be given a dividend of 0.12 per share on Wednesday, April 9th. This represents a $0.48 annualized dividend and a yield of 2.09%. The ex-dividend date of this dividend is Thursday, March 13th.

North American Construction Group Stock Performance

North American Construction Group stock opened at C$22.96 on Tuesday. The stock has a market cap of C$614.57 million, a price-to-earnings ratio of 10.79, a price-to-earnings-growth ratio of 0.79 and a beta of 1.59. The company has a debt-to-equity ratio of 212.25, a current ratio of 1.13 and a quick ratio of 0.79. The firm has a 50 day simple moving average of C$27.77 and a 200-day simple moving average of C$27.16. North American Construction Group has a 1-year low of C$22.68 and a 1-year high of C$34.87.

Analyst Ratings Changes

Several equities analysts have recently commented on NOA shares. National Bankshares decreased their price target on North American Construction Group from C$45.00 to C$44.00 and set an "outperform" rating on the stock in a research note on Thursday, January 30th. CIBC raised shares of North American Construction Group from a "neutral" rating to an "outperform" rating and increased their target price for the stock from C$30.00 to C$38.00 in a research note on Thursday, December 5th. Raymond James raised shares of North American Construction Group from an "outperform" rating to a "strong-buy" rating and set a C$40.00 price target on the stock in a research note on Thursday, January 30th. 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, December 5th. Finally, Canaccord Genuity Group lifted their target price on shares of North American Construction Group from C$32.00 to C$33.00 in a report on Friday, December 6th. Six investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, North American Construction Group currently has a consensus rating of "Buy" and a consensus price target of C$38.13.

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Insider Buying and Selling

In other news, Director Martin Robert Ferron sold 6,209 shares of the company's stock in a transaction dated Wednesday, January 1st. The stock was sold at an average price of C$31.60, for a total transaction of C$196,204.40. 8.93% of the stock is owned by insiders.

North American Construction Group Company Profile

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.

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