Stifel Canada Weighs in on Stantec’s Q4 Earnings (NYSE:STN)

Stantec Inc. (NYSE:STN) (TSE:STN) – Equities research analysts at Stifel Canada decreased their Q4 2024 earnings per share estimates for Stantec in a research report issued to clients and investors on Sunday, November 10th. Stifel Canada analyst I. Gillies now expects that the business services provider will post earnings of $0.73 per share for the quarter, down from their prior estimate of $0.74. The consensus estimate for Stantec’s current full-year earnings is $3.07 per share. Stifel Canada also issued estimates for Stantec’s Q2 2025 earnings at $0.94 EPS, Q3 2025 earnings at $0.95 EPS, Q4 2025 earnings at $0.84 EPS and FY2026 earnings at $3.87 EPS.

STN has been the topic of several other reports. Raymond James cut Stantec from a “moderate buy” rating to a “hold” rating in a report on Thursday, August 8th. StockNews.com lowered shares of Stantec from a “buy” rating to a “hold” rating in a report on Friday. Canaccord Genuity Group raised shares of Stantec from a “hold” rating to a “buy” rating in a report on Monday. Scotiabank started coverage on Stantec in a research note on Friday, October 25th. They issued a “sector outperform” rating on the stock. Finally, Canaccord Genuity Group raised shares of Stantec from a “hold” rating to a “buy” rating in a research report on Monday. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Stantec Trading Up 2.9 %

Shares of NYSE:STN opened at $82.96 on Tuesday. The company has a market capitalization of $9.46 billion, a PE ratio of 37.71 and a beta of 1.02. Stantec has a 12-month low of $67.54 and a 12-month high of $88.42. The business has a 50 day moving average of $81.35 and a two-hundred day moving average of $82.41. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.51.

Stantec Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a $0.155 dividend. This represents a $0.62 dividend on an annualized basis and a yield of 0.75%. This is a boost from Stantec’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Tuesday, December 31st. Stantec’s dividend payout ratio (DPR) is presently 28.18%.

Institutional Trading of Stantec

Several institutional investors and hedge funds have recently added to or reduced their stakes in STN. Vanguard Group Inc. increased its position in Stantec by 3.2% during the first quarter. Vanguard Group Inc. now owns 4,344,568 shares of the business services provider’s stock worth $360,773,000 after buying an additional 133,687 shares during the last quarter. Bank of Montreal Can lifted its holdings in shares of Stantec by 15.1% during the 2nd quarter. Bank of Montreal Can now owns 3,176,820 shares of the business services provider’s stock worth $265,177,000 after acquiring an additional 415,993 shares during the period. Connor Clark & Lunn Investment Management Ltd. increased its stake in Stantec by 2.8% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,776,167 shares of the business services provider’s stock valued at $142,817,000 after acquiring an additional 48,009 shares during the period. The Manufacturers Life Insurance Company grew its stake in shares of Stantec by 175.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,266,214 shares of the business services provider’s stock valued at $105,850,000 after purchasing an additional 806,869 shares during the period. Finally, National Bank of Canada FI raised its stake in Stantec by 11.1% during the second quarter. National Bank of Canada FI now owns 940,461 shares of the business services provider’s stock worth $77,860,000 after acquiring an additional 93,823 shares in the last quarter. 63.86% of the stock is owned by institutional investors and hedge funds.

About Stantec

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.