Bird Construction Inc. (TSE:BDT) to Issue $0.05 Monthly Dividend

Bird Construction Inc. (TSE:BDT - Get Free Report) declared a monthly dividend on Thursday, October 31st, TickerTech reports. Shareholders of record on Wednesday, November 20th will be paid a dividend of 0.0467 per share on Wednesday, November 20th. This represents a $0.56 annualized dividend and a yield of 1.83%. The ex-dividend date of this dividend is Thursday, October 31st.

Bird Construction Trading Up 0.5 %

Shares of TSE:BDT traded up C$0.15 during mid-day trading on Tuesday, hitting C$30.63. The company had a trading volume of 70,080 shares, compared to its average volume of 144,644. The company has a debt-to-equity ratio of 70.40, a current ratio of 1.25 and a quick ratio of 1.20. Bird Construction has a one year low of C$10.29 and a one year high of C$32.67. The firm has a fifty day moving average price of C$25.33 and a 200 day moving average price of C$23.88. The company has a market capitalization of C$1.70 billion, a PE ratio of 19.63, a price-to-earnings-growth ratio of 0.53 and a beta of 1.05.

Bird Construction (TSE:BDT - Get Free Report) last issued its earnings results on Wednesday, August 7th. The company reported C$0.42 EPS for the quarter, beating analysts' consensus estimates of C$0.38 by C$0.04. The business had revenue of C$873.54 million during the quarter, compared to analyst estimates of C$772.65 million. Bird Construction had a return on equity of 26.97% and a net margin of 2.68%. As a group, research analysts forecast that Bird Construction will post 2.7598533 EPS for the current year.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Cibc World Mkts raised Bird Construction to a "hold" rating in a research report on Friday, August 9th. Stifel Nicolaus lifted their price objective on shares of Bird Construction from C$34.00 to C$37.00 in a report on Thursday, October 10th. TD Securities increased their target price on shares of Bird Construction from C$31.00 to C$36.00 in a report on Thursday, October 10th. BMO Capital Markets boosted their price target on shares of Bird Construction from C$30.00 to C$35.00 in a report on Thursday, October 10th. Finally, CIBC upped their price objective on shares of Bird Construction from C$25.50 to C$26.00 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 MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of C$31.88.

Bird Construction Company Profile

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.