North American Construction Group Ltd. (NOA) To Go Ex-Dividend on August 30th

North American Construction Group Ltd. (TSE:NOA) (NYSE:NOA) declared a quarterly dividend on Wednesday, July 31st, TickerTech reports. Investors of record on Friday, August 30th will be given a dividend of 0.10 per share on Friday, October 4th. This represents a $0.40 annualized dividend and a dividend yield of 1.56%. The ex-dividend date is Friday, August 30th.

North American Construction Group Stock Performance

TSE:NOA opened at C$25.65 on Wednesday. The company has a debt-to-equity ratio of 210.33, a quick ratio of 0.79 and a current ratio of 1.03. The company has a fifty day moving average of C$26.17 and a two-hundred day moving average of C$28.75. The stock has a market capitalization of C$685.62 million, a PE ratio of 14.02, a P/E/G ratio of 0.79 and a beta of 1.61. North American Construction Group has a fifty-two week low of C$23.59 and a fifty-two week high of C$34.87.

North American Construction Group (TSE:NOA) (NYSE:NOA) last issued its earnings results on Wednesday, July 31st. The company reported C$0.85 EPS for the quarter, beating analysts’ consensus estimates of C$0.79 by C$0.06. North American Construction Group had a net margin of 4.99% and a return on equity of 15.19%. The business had revenue of C$276.31 million during the quarter, compared to analysts’ expectations of C$314.61 million. As a group, research analysts forecast that North American Construction Group will post 3.9693252 earnings per share for the current fiscal year.

Analysts Set New Price Targets

NOA has been the subject of a number of analyst reports. National Bankshares dropped their price objective on shares of North American Construction Group from C$47.00 to C$39.00 and set an “outperform” rating for the company in a report on Friday, August 2nd. ATB Capital lowered their target price on shares of North American Construction Group from C$45.00 to C$40.00 in a research note on Friday, August 2nd. BMO Capital Markets lowered their target price on shares of North American Construction Group from C$37.00 to C$32.00 in a research note on Thursday, August 1st. Ventum Financial lowered their target price on shares of North American Construction Group from C$52.00 to C$47.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Finally, TD Securities lowered their target price on shares of North American Construction Group from C$34.00 to C$33.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Six investment analysts have rated the stock with a buy rating, According to MarketBeat, North American Construction Group currently has a consensus rating of “Buy” and an average target price of C$37.00.

Insider Transactions at North American Construction Group

In other news, Director Martin Robert Ferron bought 7,000 shares of North American Construction Group stock in a transaction that occurred on Friday, August 9th. The shares were purchased at an average price of C$23.70 per share, with a total value of C$165,900.00. Corporate insiders own 8.92% 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.