Stantec Inc. (NYSE:STN – Free Report) (TSE:STN) – Stock analysts at National Bank Financial increased their Q1 2025 earnings per share estimates for shares of Stantec in a report issued on Tuesday, April 8th. National Bank Financial analyst M. Sytchev now anticipates that the business services provider will post earnings per share of $0.77 for the quarter, up from their prior estimate of $0.70. The consensus estimate for Stantec’s current full-year earnings is $3.05 per share.
Separately, Raymond James raised Stantec from a “market perform” rating to an “outperform” rating in a report on Wednesday, February 26th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.
Stantec Stock Performance
Shares of NYSE:STN opened at $85.31 on Friday. The firm’s 50 day simple moving average is $81.43 and its 200-day simple moving average is $81.48. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.42 and a current ratio of 1.42. Stantec has a one year low of $73.18 and a one year high of $90.24. The firm has a market cap of $9.73 billion, a PE ratio of 38.78 and a beta of 1.00.
Stantec Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 28th will be given a dividend of $0.1574 per share. The ex-dividend date is Friday, March 28th. This is a boost from Stantec’s previous quarterly dividend of $0.16. This represents a $0.63 dividend on an annualized basis and a yield of 0.74%. Stantec’s dividend payout ratio is currently 26.61%.
Hedge Funds Weigh In On Stantec
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Mackenzie Financial Corp lifted its stake in Stantec by 166.5% in the 4th quarter. Mackenzie Financial Corp now owns 22,342,818 shares of the business services provider’s stock valued at $1,751,093,000 after buying an additional 13,958,790 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Stantec by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 4,575,078 shares of the business services provider’s stock valued at $358,951,000 after acquiring an additional 74,976 shares during the last quarter. Bank of Montreal Can lifted its position in shares of Stantec by 9.5% in the fourth quarter. Bank of Montreal Can now owns 3,496,408 shares of the business services provider’s stock valued at $273,970,000 after acquiring an additional 302,979 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of Stantec by 19.3% in the fourth quarter. The Manufacturers Life Insurance Company now owns 3,344,994 shares of the business services provider’s stock worth $262,791,000 after acquiring an additional 542,305 shares during the last quarter. Finally, Royal Bank of Canada increased its position in shares of Stantec by 9.5% during the fourth quarter. Royal Bank of Canada now owns 3,008,962 shares of the business services provider’s stock worth $236,055,000 after purchasing an additional 261,705 shares in the last quarter. 63.86% of the stock is owned by hedge funds and other institutional investors.
Stantec Company Profile
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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