Q4 EPS Estimates for Bird Construction Cut by Raymond James

Bird Construction Inc. (TSE:BDT - Free Report) - Equities research analysts at Raymond James cut their Q4 2024 earnings per share estimates for Bird Construction in a research note issued on Wednesday, November 6th. Raymond James analyst F. Bastien now anticipates that the company will post earnings per share of $0.66 for the quarter, down from their previous forecast of $0.71. The consensus estimate for Bird Construction's current full-year earnings is $2.76 per share. Raymond James also issued estimates for Bird Construction's Q3 2025 earnings at $0.91 EPS, Q1 2026 earnings at $0.51 EPS, Q2 2026 earnings at $0.81 EPS and Q3 2026 earnings at $1.09 EPS.

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

BDT has been the subject of a number of other research reports. Stifel Nicolaus boosted their target price on shares of Bird Construction from C$37.00 to C$38.00 in a research report on Thursday. ATB Capital boosted their price objective on Bird Construction from C$33.00 to C$35.00 in a research report on Thursday, October 10th. CIBC lowered their target price on Bird Construction from C$31.00 to C$29.50 in a report on Thursday. BMO Capital Markets lifted their price target on Bird Construction from C$30.00 to C$35.00 in a research report on Thursday, October 10th. Finally, Cibc World Mkts raised Bird Construction to a "hold" rating in a research report on Friday, August 9th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat, Bird Construction presently has a consensus rating of "Moderate Buy" and an average price target of C$32.44.

Bird Construction Stock Performance

Shares of TSE BDT traded up C$1.19 during trading hours on Thursday, hitting C$29.55. 354,057 shares of the stock were exchanged, compared to its average volume of 147,072. Bird Construction has a one year low of C$11.41 and a one year high of C$32.67. The company's 50 day moving average is C$26.10 and its 200 day moving average is C$24.39. The company has a debt-to-equity ratio of 70.40, a current ratio of 1.25 and a quick ratio of 1.20. The firm has a market capitalization of C$1.64 billion, a P/E ratio of 18.91, a P/E/G ratio of 0.53 and a beta of 1.05.

Bird Construction Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, December 20th. Investors of record on Friday, December 20th will be given a $0.07 dividend. This is a boost from Bird Construction's previous monthly dividend of $0.05. This represents a $0.84 annualized dividend and a yield of 2.84%. The ex-dividend date is Friday, November 29th. 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.