Bird Construction Inc. (BDT) To Go Ex-Dividend on January 31st

Bird Construction Inc. (TSE:BDT) declared a monthly dividend on Friday, January 31st,TickerTech Dividends reports. Shareholders of record on Thursday, February 20th will be paid a dividend of 0.07 per share on Thursday, February 20th. This represents a $0.84 annualized dividend and a yield of 3.33%. The ex-dividend date is Friday, January 31st.

Bird Construction Stock Performance

Shares of BDT traded up C$0.50 during midday trading on Wednesday, reaching C$25.23. 9,565 shares of the stock were exchanged, compared to its average volume of 253,902. The company has a market capitalization of C$1.40 billion, a price-to-earnings ratio of 16.17, a PEG ratio of 0.53 and a beta of 1.05. 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 twelve month low of C$15.08 and a twelve month high of C$32.67. The business’s 50-day moving average price is C$26.67 and its 200 day moving average price is C$26.15.

Bird Construction (TSE:BDT) last issued its quarterly earnings data on Tuesday, November 5th. The company reported C$0.69 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.67 by C$0.02. Bird Construction had a return on equity of 26.97% and a net margin of 2.68%. The company had revenue of C$898.94 million during the quarter, compared to analysts’ expectations of C$961.37 million. On average, sell-side analysts expect that Bird Construction will post 2.7598533 EPS for the current fiscal year.

Analyst Ratings Changes

BDT has been the topic of several analyst reports. Stifel Nicolaus lifted their target price on Bird Construction from C$37.00 to C$38.00 in a research note on Thursday, November 7th. National Bankshares lifted their price objective on shares of Bird Construction from C$23.00 to C$28.00 in a research report on Thursday, October 10th. Raymond James lifted their target price on shares of Bird Construction from C$30.00 to C$35.00 in a report on Thursday, October 10th. BMO Capital Markets increased their price target on shares of Bird Construction from C$30.00 to C$35.00 in a report on Thursday, October 10th. Finally, ATB Capital lifted their price objective on Bird Construction from C$33.00 to C$35.00 in a report on Thursday, October 10th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of C$33.00.

About Bird Construction

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.