North American Construction Group (NYSE:NOA) Posts Earnings Results, Misses Expectations By $0.14 EPS

North American Construction Group (NYSE:NOA) (TSE:NOA) posted its quarterly earnings results on Wednesday. The oil and gas company reported $0.59 EPS for the quarter, missing the consensus estimate of $0.73 by ($0.14), Zacks reports. North American Construction Group had a return on equity of 26.00% and a net margin of 4.79%. North American Construction Group updated its FY 2025 guidance to 2.650-2.860 EPS.

North American Construction Group Stock Up 2.8 %

Shares of NYSE NOA traded up $0.47 during mid-day trading on Wednesday, reaching $17.42. 113,099 shares of the company traded hands, compared to its average volume of 63,639. The company’s fifty day moving average is $18.64 and its two-hundred day moving average is $19.21. The company has a debt-to-equity ratio of 1.85, a quick ratio of 0.88 and a current ratio of 1.13. North American Construction Group has a fifty-two week low of $15.62 and a fifty-two week high of $23.71. The stock has a market cap of $483.87 million, a PE ratio of 12.10 and a beta of 1.42.

North American Construction Group Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Thursday, March 13th will be given a $0.084 dividend. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.93%. North American Construction Group’s dividend payout ratio is currently 22.92%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on NOA shares. Raymond James raised shares of North American Construction Group from a “moderate buy” rating to a “strong-buy” rating in a research note on Tuesday, January 21st. CIBC raised North American Construction Group from a “neutral” rating to a “sector outperform” rating in a research note on Thursday, December 5th. Finally, Cibc World Mkts raised North American Construction Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, December 5th. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy”.

North American Construction Group Company Profile

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.