Bird Construction (BDT) Scheduled to Post Earnings on Tuesday

Bird Construction (TSE:BDT) will post its quarterly earnings results after the market closes on Tuesday, May 14th. Analysts expect Bird Construction to post earnings of C$0.15 per share for the quarter.

Bird Construction (TSE:BDT) last posted its quarterly earnings results on Tuesday, March 5th. The company reported C$0.45 EPS for the quarter, beating the consensus estimate of C$0.40 by C$0.05. Bird Construction had a net margin of 2.56% and a return on equity of 24.03%. The business had revenue of C$792.07 million during the quarter, compared to analyst estimates of C$722.63 million.

Bird Construction Price Performance

BDT opened at C$20.22 on Tuesday. The company has a quick ratio of 1.20, a current ratio of 1.26 and a debt-to-equity ratio of 46.93. The company’s 50-day moving average price is C$18.62 and its 200 day moving average price is C$15.36. Bird Construction has a fifty-two week low of C$8.01 and a fifty-two week high of C$20.28. The firm has a market cap of C$1.09 billion, a price-to-earnings ratio of 15.20, a price-to-earnings-growth ratio of 0.53 and a beta of 1.21.

Bird Construction Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, May 17th. Stockholders of record on Friday, May 17th will be issued a dividend of $0.0467 per share. The ex-dividend date of this dividend is Monday, April 29th. This is a positive change from Bird Construction’s previous monthly dividend of $0.04. This represents a $0.56 annualized dividend and a dividend yield of 2.77%. Bird Construction’s dividend payout ratio is 42.11%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Canaccord Genuity Group boosted their price objective on Bird Construction from C$16.00 to C$21.00 and gave the company a “neutral” rating in a research report on Thursday, March 7th. Stifel Nicolaus boosted their price target on shares of Bird Construction from C$18.50 to C$24.00 and gave the company a “buy” rating in a report on Thursday, March 7th. National Bankshares upped their price target on shares of Bird Construction from C$15.00 to C$18.00 and gave the stock a “sector perform” rating in a research report on Thursday, March 7th. Raymond James lifted their price objective on shares of Bird Construction from C$18.50 to C$20.50 and gave the company an “outperform” rating in a research report on Wednesday, March 6th. Finally, ATB Capital upped their target price on shares of Bird Construction from C$16.50 to C$23.00 and gave the stock an “outperform” rating in a research report on Thursday, March 7th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of C$21.21.

Bird Construction Company Profile

Bird Construction Inc provides construction services in Canada. The company primarily focuses on projects in the industrial, and institutional, and infrastructure markets. It constructs large, complex industrial buildings, including manufacturing, processing, distribution, and warehouse facilities; and provides electrical and instrumentation, high voltage testing and commissioning services, as well as power line construction, structural, mechanical, and piping, including off-site metal and modular fabrication.