Q2 Earnings Forecast for Aecon Group Issued By Desjardins

Aecon Group Inc. (TSE:ARE - Free Report) - Analysts at Desjardins issued their Q2 2025 EPS estimates for Aecon Group in a research report issued on Thursday, March 6th. Desjardins analyst B. Poirier expects that the company will post earnings of $0.21 per share for the quarter. Desjardins currently has a "Buy" rating and a $29.00 target price on the stock. The consensus estimate for Aecon Group's current full-year earnings is $1.38 per share. Desjardins also issued estimates for Aecon Group's Q3 2025 earnings at $0.54 EPS, Q4 2025 earnings at $0.38 EPS and FY2026 earnings at $2.40 EPS.

A number of other brokerages also recently issued reports on ARE. BMO Capital Markets cut their price target on shares of Aecon Group from C$29.00 to C$24.00 in a report on Friday, March 7th. Stifel Nicolaus lowered Aecon Group from a "buy" rating to a "hold" rating and decreased their price target for the stock from C$31.00 to C$19.00 in a research note on Friday, March 7th. Raymond James reduced their price objective on Aecon Group from C$28.00 to C$23.00 and set a "market perform" rating for the company in a report on Friday, March 7th. CIBC lowered their target price on Aecon Group from C$33.00 to C$30.00 in a report on Friday, March 7th. Finally, National Bank Financial raised Aecon Group from a "hold" rating to a "strong-buy" rating in a research note on Sunday. Six research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Aecon Group currently has an average rating of "Moderate Buy" and a consensus price target of C$25.25.

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Aecon Group Price Performance

Shares of ARE traded down C$0.52 during mid-day trading on Monday, hitting C$17.20. The company's stock had a trading volume of 547,580 shares, compared to its average volume of 451,777. The firm has a 50-day simple moving average of C$23.64 and a 200 day simple moving average of C$23.93. Aecon Group has a 1-year low of C$13.03 and a 1-year high of C$29.70. The firm has a market capitalization of C$1.09 billion, a P/E ratio of -16.92, a P/E/G ratio of 18.18 and a beta of 1.13. The company has a current ratio of 1.19, a quick ratio of 1.27 and a debt-to-equity ratio of 32.84.

Aecon Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, January 3rd were paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 4.42%. The ex-dividend date was Tuesday, December 24th. Aecon Group's dividend payout ratio is currently -74.76%.

Insider Transactions at Aecon Group

In other Aecon Group news, Director Stuart Lee bought 5,700 shares of the company's stock in a transaction that occurred on Monday, March 10th. The stock was purchased at an average price of C$18.35 per share, with a total value of C$104,595.00. Insiders own 0.82% of the company's stock.

About Aecon Group

Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects, mainly in the transportation sector. Its concessions segment is engaged in the development, financing, construction, and operation of infrastructure projects.