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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
TSE:ARE

Aecon Group (ARE) Stock Price, News & Analysis

C$17.01
+0.07 (+0.41%)
(As of 03/28/2024 ET)
Today's Range
C$16.87
C$17.14
50-Day Range
C$13.75
C$17.03
52-Week Range
C$8.42
C$17.29
Volume
454,148 shs
Average Volume
341,676 shs
Market Capitalization
C$1.06 billion
P/E Ratio
8.10
Dividend Yield
4.47%
Price Target
C$18.09

Aecon Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.55 Rating Score
Upside/​Downside
6.4% Upside
C$18.09 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.89mentions of Aecon Group in the last 14 days
Based on 9 Articles This Week
Insider Trading
Acquiring Shares
C$169,609 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.97 out of 5 stars

ARE stock logo

About Aecon Group Stock (TSE:ARE)

Aecon Group Inc., together with its subsidiaries, provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally. It operates through two segments, Construction and Concessions. The Construction segment focuses on civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure, and conventional industrial infrastructure market sectors. The Concessions segment engages in the development, building, financing, and operation of construction projects by way of public-private partnership contract structures. This segment also provides development of domestic international public-private partnership; private finance solution; developing strategic partnerships; leading and/or participating in development teams; and operations and maintenance of infrastructure assets services. The company was formerly known as Prefac Concrete Co. Ltd. and changed its name to Aecon Group Inc. in June 2001. Aecon Group Inc. was founded in 1867 and is headquartered in Toronto, Canada.

ARE Stock Price History

ARE Stock News Headlines

A lot of people are making this costly mistake
You may have heard the saying “options are risky” … And, they can be. But only if you use them the way a lot of folks do. A lot of people think of BUYING speculative options when they talk about options. And BUYING low probability, speculative options is definitely risky… It’s how some folks leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time.
Aecon Group (TSX: ARE)
Crypto Market Preps For Trillions Worth of Inflows!
Bitcoin is rapidly approaching new ALL-TIME HIGHS… The market is buzzing after recent approval of spot Bitcoin exchange-traded funds (ETF). Top analysts predict these ETFs will attract trillions of dollars worth of inflows over the next few years… And as Bitcoin rallies, we could see other smaller coins rise to heights never seen before.
Aecon appoints Jerome Julier as CFO
Six small-cap stocks for deal-seeking investors
Aecon Group price target raised by C$3.50 at TD Securities
John M. Beck Appointed to the Order of Ontario
See More Headlines
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Company Calendar

Ex-Dividend for 1/3 Dividend
12/21/2023
Dividend Payable
1/03/2024
Last Earnings
3/05/2024
Ex-Dividend for 4/3 Dividend
3/21/2024
Today
3/28/2024
Dividend Payable
4/03/2024
Next Earnings (Confirmed)
4/24/2024

Industry, Sector and Symbol

Industry
Engineering & Construction
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
8,684
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$18.09
High Stock Price Target
C$26.00
Low Stock Price Target
C$13.00
Potential Upside/Downside
+6.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.55
Research Coverage
11 Analysts

Profitability

Net Income
C$161.89 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$4.64 billion
Cash Flow
C$14.85 per share
Book Value
C$17.09 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.06 billion
Optionable
Not Optionable
Beta
1.16
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Key Executives

  • Mr. Jean-Louis Servranckx (Age 63)
    President, CEO & Director
    Comp: $2.89M
  • Mr. Steven N. Nackan
    Executive VP & President of Concessions
  • Mr. Eric MacDonald
    Executive Vice President of Utilities
  • Mr. Thomas Clochard
    Executive Vice President of Civil & Nuclear
  • Mr. Adam Borgatti C.F.A.
    CPIR, Senior Vice President of Corporate Development & Investor Relations
  • Ms. Gordana Terkalas
    Senior Vice President of Human Resources
  • Mr. Mark Scherer
    Executive VP of Industrial & Chief Safety Officer
  • Mr. Mathew Kattapuram
    Senior Vice President of Strategic Business Development
  • Mr. John Singleton
    Senior Vice President of Industrial East & West
  • Mr. Alistair MacCallum
    Senior Vice President of Finance

ARE Stock Analysis - Frequently Asked Questions

Should I buy or sell Aecon Group stock right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aecon Group in the last twelve months. There are currently 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ARE shares.
View ARE analyst ratings
or view top-rated stocks.

What is Aecon Group's stock price target for 2024?

11 equities research analysts have issued twelve-month price targets for Aecon Group's stock. Their ARE share price targets range from C$13.00 to C$26.00. On average, they predict the company's stock price to reach C$18.09 in the next twelve months. This suggests a possible upside of 6.4% from the stock's current price.
View analysts price targets for ARE
or view top-rated stocks among Wall Street analysts.

How have ARE shares performed in 2024?

Aecon Group's stock was trading at C$13.07 at the beginning of the year. Since then, ARE stock has increased by 30.1% and is now trading at C$17.01.
View the best growth stocks for 2024 here
.

When is Aecon Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our ARE earnings forecast
.

How were Aecon Group's earnings last quarter?

Aecon Group Inc. (TSE:ARE) announced its quarterly earnings data on Tuesday, March, 5th. The company reported $0.15 earnings per share for the quarter, missing analysts' consensus estimates of $0.17 by $0.02. The firm earned $1.13 billion during the quarter, compared to analyst estimates of $1.22 billion. Aecon Group had a trailing twelve-month return on equity of 16.04% and a net margin of 3.49%.

How often does Aecon Group pay dividends? What is the dividend yield for Aecon Group?

Aecon Group announced a quarterly dividend on Tuesday, March 5th. Shareholders of record on Friday, March 22nd will be paid a dividend of 0.19 per share on Wednesday, April 3rd. This represents a $0.76 dividend on an annualized basis and a yield of 4.47%. The ex-dividend date is Thursday, March 21st. This is a positive change from the stock's previous quarterly dividend of C$0.19.
Read our dividend analysis for ARE
.

Is Aecon Group a good dividend stock?

Aecon Group (TSE:ARE) pays an annual dividend of C$0.76 per share and currently has a dividend yield of 4.49%. ARE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 36.19%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ARE.

What other stocks do shareholders of Aecon Group own?
How do I buy shares of Aecon Group?

Shares of ARE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:ARE) was last updated on 3/29/2024 by MarketBeat.com Staff

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