Q3 2024 EPS Estimates for Stantec Inc. Increased by Analyst (TSE:STN)

Stantec Inc. (TSE:STN) (NYSE:STN) – Stock analysts at Atb Cap Markets raised their Q3 2024 EPS estimates for shares of Stantec in a report issued on Sunday, November 12th. Atb Cap Markets analyst C. Murray now forecasts that the company will earn $1.26 per share for the quarter, up from their previous estimate of $1.02. Atb Cap Markets currently has a “Outperform” rating on the stock. The consensus estimate for Stantec’s current full-year earnings is $4.05 per share. Atb Cap Markets also issued estimates for Stantec’s FY2024 earnings at $4.56 EPS, Q1 2025 earnings at $1.18 EPS and Q3 2025 earnings at $1.35 EPS.

A number of other equities analysts also recently weighed in on STN. Royal Bank of Canada upped their price target on shares of Stantec from C$96.00 to C$106.00 and gave the stock an “outperform” rating in a research note on Monday. National Bankshares raised their target price on Stantec from C$105.00 to C$109.00 and gave the stock an “outperform” rating in a research report on Monday. National Bank Financial increased their target price on Stantec from C$96.00 to C$105.00 in a report on Tuesday, October 10th. TD Securities raised their price objective on shares of Stantec from C$105.00 to C$115.00 and gave the stock a “buy” rating in a report on Monday. Finally, Stifel Nicolaus upped their price target on shares of Stantec from C$105.00 to C$115.00 in a research report on Monday. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, Stantec presently has an average rating of “Moderate Buy” and an average target price of C$105.75.

Stantec Stock Performance

Shares of STN stock opened at C$96.11 on Wednesday. The stock’s fifty day simple moving average is C$88.28 and its 200-day simple moving average is C$86.42. The company has a market capitalization of C$10.66 billion, a price-to-earnings ratio of 36.27, a P/E/G ratio of 1.46 and a beta of 0.80. The company has a current ratio of 1.47, a quick ratio of 1.46 and a debt-to-equity ratio of 93.67. Stantec has a 1-year low of C$63.38 and a 1-year high of C$99.00.

Stantec Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Investors of record on Friday, December 29th will be issued a dividend of $0.195 per share. This represents a $0.78 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date of this dividend is Thursday, December 28th. Stantec’s dividend payout ratio is currently 29.43%.

Stantec Company Profile

Stantec Inc provides e professional services in the areas of infrastructure and facilities to the public and private sectors clients in Canada, the United States, and internationally. The company provides consulting services in engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics.