National Bank Financial Weighs in on TSE:NOA Q1 Earnings

North American Construction Group Ltd. (TSE:NOA) (NYSE:NOA) – Equities researchers at National Bank Financial reduced their Q1 2025 earnings 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 company will post earnings per share of $0.86 for the quarter, down from their previous estimate of $0.94. The consensus estimate for North American Construction Group’s current full-year earnings is $4.06 per share. National Bank Financial also issued estimates for North American Construction Group’s Q2 2025 earnings at $0.90 EPS, Q3 2025 earnings at $1.12 EPS and Q4 2025 earnings at $1.04 EPS.

Other equities analysts have also issued reports about the company. Raymond James raised North American Construction Group from an “outperform” rating to a “strong-buy” rating and set a C$40.00 price target for the company in a research note on Tuesday, January 21st. Canaccord Genuity Group increased their target price on North American Construction Group from C$32.00 to C$33.00 in a research report on Friday, December 6th. National Bankshares boosted their price target on shares of North American Construction Group from C$39.00 to C$40.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st. CIBC raised shares of North American Construction Group from a “neutral” rating to an “outperform” rating and upped their price target for the company from C$30.00 to C$38.00 in a research note on Thursday, December 5th. Finally, Cibc World Mkts raised shares of North American Construction Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, December 5th. Seven analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, North American Construction Group has a consensus rating of “Buy” and a consensus target price of C$37.63.

North American Construction Group Stock Down 0.4 %

NOA stock opened at C$29.11 on Friday. The business has a 50 day moving average of C$29.47 and a 200 day moving average of C$27.12. North American Construction Group has a twelve month low of C$22.68 and a twelve month high of C$34.87. The firm has a market cap of C$778.11 million, a PE ratio of 15.91, a price-to-earnings-growth ratio of 0.79 and a beta of 1.59. The company has a quick ratio of 0.79, a current ratio of 1.03 and a debt-to-equity ratio of 210.33.

North American Construction Group (TSE:NOA) (NYSE:NOA) last announced its earnings results on Wednesday, October 30th. The company reported C$1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of C$1.10 by C$0.02. North American Construction Group had a return on equity of 15.19% and a net margin of 4.99%. The firm had revenue of C$286.86 million during the quarter, compared to analyst estimates of C$294.95 million. During the same quarter in the prior year, the company earned $0.50 EPS.

Insider Activity at North American Construction Group

In other North American Construction Group news, Director Martin Robert Ferron acquired 6,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The stock was bought at an average price of C$27.98 per share, for a total transaction of C$167,884.20. 8.93% of the stock is currently owned by insiders.

North American Construction Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, January 3rd were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.65%. This is an increase from North American Construction Group’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Wednesday, November 27th. North American Construction Group’s dividend payout ratio is presently 21.86%.

North American Construction Group Company Profile

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.