Stantec Inc. (NYSE:STN - Free Report) TSE: STN - Investment analysts at Stifel Canada reduced their Q4 2024 earnings estimates for shares of Stantec in a note issued to investors on Sunday, November 10th. Stifel Canada analyst I. Gillies now expects that the business services provider will post earnings per share of $0.73 for the quarter, down from their previous forecast of $0.74. The consensus estimate for Stantec's current full-year earnings is $3.07 per share. Stifel Canada also issued estimates for Stantec's Q2 2025 earnings at $0.94 EPS, Q3 2025 earnings at $0.95 EPS, Q4 2025 earnings at $0.84 EPS and FY2026 earnings at $3.87 EPS.
Other equities analysts have also recently issued reports about the stock. Canaccord Genuity Group raised shares of Stantec from a "hold" rating to a "buy" rating in a research note on Monday. Canaccord Genuity Group upgraded shares of Stantec from a "hold" rating to a "buy" rating in a research note on Monday. StockNews.com lowered shares of Stantec from a "buy" rating to a "hold" rating in a research report on Friday. Scotiabank initiated coverage on shares of Stantec in a research report on Friday, October 25th. They issued a "sector outperform" rating on the stock. Finally, Raymond James lowered shares of Stantec from a "moderate buy" rating to a "hold" rating in a research report on Thursday, August 8th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Stantec presently has an average rating of "Moderate Buy".
Read Our Latest Stock Report on STN
Stantec Price Performance
Shares of Stantec stock traded down $0.90 during trading hours on Tuesday, reaching $82.06. The company's stock had a trading volume of 45,989 shares, compared to its average volume of 118,602. The firm has a 50 day moving average price of $81.35 and a 200-day moving average price of $82.41. Stantec has a one year low of $67.54 and a one year high of $88.42. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.39 and a quick ratio of 1.39. The stock has a market cap of $9.36 billion, a P/E ratio of 37.71 and a beta of 1.02.
Stantec Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a $0.155 dividend. This is an increase from Stantec's previous quarterly dividend of $0.15. The ex-dividend date is Tuesday, December 31st. This represents a $0.62 annualized dividend and a yield of 0.76%. Stantec's dividend payout ratio is 28.18%.
Hedge Funds Weigh In On Stantec
A number of large investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in Stantec by 3.2% in the first quarter. Vanguard Group Inc. now owns 4,344,568 shares of the business services provider's stock valued at $360,773,000 after buying an additional 133,687 shares during the period. Bank of Montreal Can raised its position in Stantec by 15.1% in the second quarter. Bank of Montreal Can now owns 3,176,820 shares of the business services provider's stock worth $265,177,000 after acquiring an additional 415,993 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its stake in Stantec by 2.8% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,776,167 shares of the business services provider's stock valued at $142,817,000 after acquiring an additional 48,009 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Stantec by 175.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,266,214 shares of the business services provider's stock valued at $105,850,000 after buying an additional 806,869 shares during the last quarter. Finally, National Bank of Canada FI lifted its holdings in Stantec by 11.1% in the 2nd quarter. National Bank of Canada FI now owns 940,461 shares of the business services provider's stock worth $77,860,000 after purchasing an additional 93,823 shares during the last quarter. Hedge funds and other institutional investors own 63.86% of the company's stock.
Stantec Company Profile
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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.
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