Brokers Set Expectations for NOA Q2 Earnings

North American Construction Group Ltd. (NYSE:NOA) (TSE:NOA) – Stock analysts at Ventum Cap Mkts issued their Q2 2025 earnings per share estimates for shares of North American Construction Group in a research note issued on Thursday, March 20th. Ventum Cap Mkts analyst D. Schilling forecasts that the oil and gas company will earn $0.60 per share for the quarter. The consensus estimate for North American Construction Group’s current full-year earnings is $2.56 per share. Ventum Cap Mkts also issued estimates for North American Construction Group’s Q3 2025 earnings at $0.82 EPS and FY2026 earnings at $2.81 EPS.

A number of other research analysts have also commented on the stock. Raymond James upgraded shares of North American Construction Group from a “moderate buy” rating to a “strong-buy” rating in a research note on Tuesday, January 21st. Cibc World Mkts raised North American Construction Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, December 5th. Finally, CIBC upgraded North American Construction Group from a “neutral” rating to a “sector outperform” rating in a research note on Thursday, December 5th. One investment analyst has rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, North American Construction Group presently has a consensus rating of “Buy”.

North American Construction Group Trading Up 1.4 %

NOA stock opened at $16.35 on Monday. The stock has a market cap of $454.09 million, a price-to-earnings ratio of 11.35 and a beta of 1.42. The company has a fifty day moving average price of $18.40 and a two-hundred day moving average price of $19.15. North American Construction Group has a one year low of $15.09 and a one year high of $23.71. The company has a debt-to-equity ratio of 1.85, a current ratio of 1.13 and a quick ratio of 0.88.

North American Construction Group Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Thursday, March 13th will be given a dividend of $0.084 per share. This represents a $0.34 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date of this dividend is Thursday, March 13th. North American Construction Group’s dividend payout ratio is 28.70%.

Institutional Trading of North American Construction Group

Institutional investors have recently bought and sold shares of the business. Alberta Investment Management Corp grew its position in North American Construction Group by 7.2% during the fourth quarter. Alberta Investment Management Corp now owns 1,057,254 shares of the oil and gas company’s stock worth $22,774,000 after buying an additional 71,454 shares in the last quarter. Barclays PLC lifted its position in shares of North American Construction Group by 48.1% during the 3rd quarter. Barclays PLC now owns 20,867 shares of the oil and gas company’s stock valued at $390,000 after acquiring an additional 6,774 shares during the period. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of North American Construction Group by 31.1% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 427,153 shares of the oil and gas company’s stock worth $9,194,000 after purchasing an additional 101,400 shares in the last quarter. Bank of Montreal Can raised its stake in North American Construction Group by 15.3% in the third quarter. Bank of Montreal Can now owns 2,154,347 shares of the oil and gas company’s stock valued at $40,519,000 after purchasing an additional 285,225 shares in the last quarter. Finally, Proficio Capital Partners LLC bought a new stake in North American Construction Group during the fourth quarter worth about $269,000. 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.