Brokers Issue Forecasts for Stantec's Q1 Earnings (NYSE:STN)

Stantec Inc. (NYSE:STN - Free Report) TSE: STN - Investment analysts at Raymond James upped their Q1 2025 EPS estimates for Stantec in a research note issued to investors on Wednesday, February 26th. Raymond James analyst F. Bastien now expects that the business services provider will post earnings per share of $0.76 for the quarter, up from their previous estimate of $0.71. Raymond James currently has a "Outperform" rating on the stock. The consensus estimate for Stantec's current full-year earnings is $3.05 per share. Raymond James also issued estimates for Stantec's Q1 2025 earnings at $0.76 EPS, Q2 2025 earnings at $0.92 EPS, Q3 2025 earnings at $1.09 EPS, Q4 2025 earnings at $0.91 EPS, Q4 2025 earnings at $0.91 EPS and FY2025 earnings at $3.68 EPS.

Several other equities analysts have also commented on STN. StockNews.com raised Stantec from a "hold" rating to a "buy" rating in a report on Saturday, November 16th. Canaccord Genuity Group upgraded Stantec from a "hold" rating to a "buy" rating in a report on Monday, November 11th. Finally, Canaccord Genuity Group raised Stantec from a "hold" rating to a "buy" rating in a research report on Monday, November 11th. Five research analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has an average rating of "Buy".

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Stantec Stock Down 2.5 %

NYSE STN traded down $2.12 on Friday, hitting $81.66. 197,627 shares of the stock were exchanged, compared to its average volume of 148,975. Stantec has a fifty-two week low of $73.18 and a fifty-two week high of $90.24. The company has a 50-day moving average price of $78.57 and a 200-day moving average price of $81.08. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.54. The company has a market cap of $9.31 billion, a PE ratio of 37.12 and a beta of 1.01.

Stantec Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 28th will be given a dividend of $0.1574 per share. This is a positive change from Stantec's previous quarterly dividend of $0.16. The ex-dividend date is Friday, March 28th. This represents a $0.63 annualized dividend and a yield of 0.77%. Stantec's payout ratio is 26.18%.

Institutional Investors Weigh In On Stantec

A number of institutional investors and hedge funds have recently added to or reduced their stakes in STN. Mackenzie Financial Corp increased its holdings in shares of Stantec by 166.5% in the 4th quarter. Mackenzie Financial Corp now owns 22,342,818 shares of the business services provider's stock valued at $1,751,093,000 after acquiring an additional 13,958,790 shares during the period. The Manufacturers Life Insurance Company increased its position in Stantec by 121.3% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 2,802,689 shares of the business services provider's stock valued at $225,537,000 after acquiring an additional 1,536,475 shares during the period. Norges Bank acquired a new position in Stantec in the 4th quarter valued at about $110,221,000. Janus Henderson Group PLC acquired a new stake in Stantec during the 4th quarter worth approximately $56,191,000. Finally, The Manufacturers Life Insurance Company grew its stake in shares of Stantec by 19.3% in the 4th quarter. The Manufacturers Life Insurance Company now owns 3,344,994 shares of the business services provider's stock valued at $262,791,000 after purchasing an additional 542,305 shares during the last quarter. Hedge funds and other institutional investors own 63.86% of the company's stock.

Stantec Company Profile

Stantec Inc provides professional services in the areas of infrastructure and facilities to the public and private sectors in Canada, the United States, and internationally. It offers evaluation, planning, and designing infrastructure solutions; solutions for sustainable water resources, planning, management, and infrastructure; environmental services; integrated architecture, engineering, interior design, and planning solutions for buildings; and energy and resources solutions.