Stantec Inc. (NYSE:STN – Free Report) (TSE:STN) – Analysts at National Bank Financial lowered their Q1 2025 earnings estimates for Stantec in a report released on Tuesday, February 25th. National Bank Financial analyst M. Sytchev now expects that the business services provider will earn $0.70 per share for the quarter, down from their prior forecast of $0.71. The consensus estimate for Stantec’s current full-year earnings is $3.05 per share. National Bank Financial also issued estimates for Stantec’s Q2 2025 earnings at $0.99 EPS, Q3 2025 earnings at $1.04 EPS, Q4 2025 earnings at $0.85 EPS and FY2026 earnings at $4.11 EPS.
A number of other research firms also recently weighed in on STN. Canaccord Genuity Group raised shares of Stantec from a “hold” rating to a “buy” rating in a research note on Monday, November 11th. Raymond James raised Stantec from a “market perform” rating to an “outperform” rating in a research report on Wednesday. StockNews.com upgraded Stantec from a “hold” rating to a “buy” rating in a report on Saturday, November 16th. Finally, Canaccord Genuity Group raised shares of Stantec from a “hold” rating to a “buy” rating in a research report on Monday, November 11th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.
Stantec Stock Up 6.8 %
STN stock opened at $89.43 on Thursday. The company has a 50 day moving average of $78.26 and a two-hundred day moving average of $80.99. The company has a market cap of $10.20 billion, a price-to-earnings ratio of 40.65 and a beta of 1.01. Stantec has a 12-month low of $73.18 and a 12-month high of $90.24. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.54.
Institutional Investors Weigh In On Stantec
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Mackenzie Financial Corp raised its stake in Stantec by 166.5% during 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 purchasing an additional 13,958,790 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Stantec by 121.3% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 2,802,689 shares of the business services provider’s stock worth $225,537,000 after purchasing an additional 1,536,475 shares during the period. Norges Bank acquired a new position in shares of Stantec during the fourth quarter valued at about $110,221,000. Janus Henderson Group PLC bought a new stake in shares of Stantec in the fourth quarter valued at about $56,191,000. Finally, The Manufacturers Life Insurance Company lifted 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 valued at $262,791,000 after buying an additional 542,305 shares during the period. Institutional investors and hedge funds own 63.86% of the company’s stock.
Stantec Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 28th will be issued a dividend of $0.1574 per share. The ex-dividend date is Friday, March 28th. This is a positive change from Stantec’s previous quarterly dividend of $0.16. This represents a $0.63 dividend on an annualized basis and a dividend yield of 0.70%. Stantec’s payout ratio is 26.36%.
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.
Recommended Stories
- Five stocks we like better than Stantec
- The 3 Best Fintech Stocks to Buy Now
- Buffett’s on the Sidelines – Should You Follow?
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- AST SpaceMobile Stock Surges 17% After Analyst Upgrade
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- 3 Stocks With Triple-Digit PEs That Are Still Worth a Look
Receive News & Ratings for Stantec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stantec and related companies with MarketBeat.com's FREE daily email newsletter.