Research Analysts Offer Predictions for North American Construction Group Ltd.’s FY2025 Earnings (NYSE:NOA)

North American Construction Group Ltd. (NYSE:NOA) (TSE:NOA) – National Bank Financial issued their FY2025 earnings per share (EPS) estimates for shares of North American Construction Group in a research note issued to investors on Tuesday, April 9th. National Bank Financial analyst M. Sytchev forecasts that the oil and gas company will earn $3.14 per share for the year. The consensus estimate for North American Construction Group’s current full-year earnings is $2.84 per share.

Separately, StockNews.com raised North American Construction Group from a “hold” rating to a “buy” rating in a research report on Monday, March 11th.

North American Construction Group Stock Down 3.4 %

North American Construction Group stock opened at $21.05 on Friday. North American Construction Group has a twelve month low of $17.79 and a twelve month high of $26.30. The stock has a 50 day moving average of $23.59 and a two-hundred day moving average of $21.96. The company has a current ratio of 0.91, a quick ratio of 0.71 and a debt-to-equity ratio of 1.71. The stock has a market capitalization of $562.81 million, a price-to-earnings ratio of 13.49 and a beta of 1.53.

North American Construction Group (NYSE:NOA) (TSE:NOA) last posted its quarterly earnings data on Wednesday, March 13th. The oil and gas company reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.59 by $0.06. North American Construction Group had a return on equity of 22.18% and a net margin of 6.60%. The company had revenue of $239.70 million during the quarter, compared to analysts’ expectations of $229.31 million.

North American Construction Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 5th. Stockholders of record on Friday, March 8th were issued a $0.074 dividend. This is a boost from North American Construction Group’s previous quarterly dividend of $0.07. This represents a $0.30 annualized dividend and a dividend yield of 1.41%. The ex-dividend date was Thursday, March 7th. North American Construction Group’s dividend payout ratio (DPR) is currently 18.59%.

Institutional Trading of North American Construction Group

Several hedge funds have recently modified their holdings of the business. TD Asset Management Inc lifted its holdings in shares of North American Construction Group by 3.0% in the 4th quarter. TD Asset Management Inc now owns 23,617 shares of the oil and gas company’s stock valued at $495,000 after buying an additional 680 shares during the period. SkyView Investment Advisors LLC lifted its holdings in shares of North American Construction Group by 2.6% in the 3rd quarter. SkyView Investment Advisors LLC now owns 29,961 shares of the oil and gas company’s stock valued at $651,000 after buying an additional 771 shares during the period. UBS Group AG lifted its holdings in shares of North American Construction Group by 46.0% in the 1st quarter. UBS Group AG now owns 3,239 shares of the oil and gas company’s stock valued at $54,000 after buying an additional 1,021 shares during the period. Legal & General Group Plc lifted its holdings in shares of North American Construction Group by 6.4% in the 4th quarter. Legal & General Group Plc now owns 18,373 shares of the oil and gas company’s stock valued at $385,000 after buying an additional 1,100 shares during the period. Finally, Shell Asset Management Co. increased its stake in North American Construction Group by 142.3% in the 3rd quarter. Shell Asset Management Co. now owns 1,929 shares of the oil and gas company’s stock valued at $42,000 after purchasing an additional 1,133 shares in the last quarter. 74.99% of the stock is owned by institutional investors and hedge funds.

About North American Construction Group

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.