National Bank Financial Predicts NOA Q1 Earnings

North American Construction Group Ltd. (NYSE:NOA) (TSE:NOA) – Equities researchers at National Bank Financial lowered their Q1 2025 earnings per share estimates for shares of North American Construction Group in a research report issued on Wednesday, January 22nd. National Bank Financial analyst M. Sytchev now expects that the oil and gas company will post earnings per share of $0.59 for the quarter, down from their previous estimate of $0.67. The consensus estimate for North American Construction Group’s current full-year earnings is $2.65 per share. National Bank Financial also issued estimates for North American Construction Group’s Q2 2025 earnings at $0.62 EPS, Q3 2025 earnings at $0.77 EPS and Q4 2025 earnings at $0.72 EPS.

Other analysts also recently issued research reports about the company. CIBC raised North American Construction Group from a “neutral” rating to a “sector outperform” rating in a report on Thursday, December 5th. Raymond James raised North American Construction Group from a “moderate buy” rating to a “strong-buy” rating in a report on Tuesday. Finally, Cibc World Mkts raised North American Construction Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, December 5th. One analyst has rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, North American Construction Group currently has a consensus rating of “Buy”.

North American Construction Group Trading Up 0.0 %

Shares of NYSE NOA opened at $20.31 on Friday. The company has a market cap of $564.07 million, a price-to-earnings ratio of 14.10 and a beta of 1.46. North American Construction Group has a 12-month low of $16.46 and a 12-month high of $25.92. The company has a current ratio of 1.13, a quick ratio of 0.88 and a debt-to-equity ratio of 1.85. The stock’s 50 day simple moving average is $20.68 and its 200 day simple moving average is $19.47.

North American Construction Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 3rd. Shareholders of record on Wednesday, November 27th were paid a dividend of $0.089 per share. The ex-dividend date was Wednesday, November 27th. This represents a $0.36 annualized dividend and a yield of 1.75%. This is an increase from North American Construction Group’s previous quarterly dividend of $0.07. North American Construction Group’s payout ratio is presently 25.69%.

Institutional Trading of North American Construction Group

Hedge funds have recently added to or reduced their stakes in the business. Millennium Management LLC raised its stake in North American Construction Group by 240.4% during the 2nd quarter. Millennium Management LLC now owns 225,336 shares of the oil and gas company’s stock valued at $4,344,000 after acquiring an additional 159,142 shares in the last quarter. Barclays PLC raised its stake in shares of North American Construction Group by 48.1% in the 3rd quarter. Barclays PLC now owns 20,867 shares of the oil and gas company’s stock worth $390,000 after buying an additional 6,774 shares in the last quarter. Bank of Montreal Can raised its stake in shares of North American Construction Group by 15.3% in the 3rd quarter. Bank of Montreal Can now owns 2,154,347 shares of the oil and gas company’s stock worth $40,519,000 after buying an additional 285,225 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of North American Construction Group by 14.9% in the 3rd quarter. Geode Capital Management LLC now owns 14,138 shares of the oil and gas company’s stock worth $264,000 after buying an additional 1,838 shares in the last quarter. Finally, SkyView Investment Advisors LLC raised its stake in shares of North American Construction Group by 75.0% in the 2nd quarter. SkyView Investment Advisors LLC now owns 58,322 shares of the oil and gas company’s stock worth $1,124,000 after buying an additional 25,003 shares in the last quarter. Institutional investors own 74.99% of the company’s stock.

About North American Construction Group

North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. The company operates Heavy Equipment – Canada, Heavy Equipment – Australia, and Other segments.