FY2025 EPS Forecast for Bird Construction Lowered by Analyst

Bird Construction Inc. (TSE:BDT) – Stock analysts at Stifel Canada decreased their FY2025 earnings estimates for shares of Bird Construction in a research report issued to clients and investors on Wednesday, April 16th. Stifel Canada analyst I. Gillies now expects that the company will post earnings per share of $2.51 for the year, down from their prior estimate of $2.66. The consensus estimate for Bird Construction’s current full-year earnings is $2.76 per share.

Several other research firms have also recently commented on BDT. Canaccord Genuity Group cut their price target on Bird Construction from C$36.00 to C$35.00 and set a “buy” rating on the stock in a research note on Friday, March 14th. TD Securities reduced their target price on Bird Construction from C$36.00 to C$33.00 and set a “buy” rating for the company in a research note on Tuesday, March 18th. BMO Capital Markets dropped their price target on shares of Bird Construction from C$30.00 to C$28.00 in a research note on Thursday. CIBC reduced their price objective on shares of Bird Construction from C$36.00 to C$31.00 in a research note on Friday, March 14th. Finally, Cibc World Mkts raised shares of Bird Construction from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 14th. Two analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of C$31.61.

Bird Construction Stock Performance

TSE:BDT opened at C$20.90 on Friday. The firm has a 50-day moving average of C$21.33 and a two-hundred day moving average of C$25.27. The company has a debt-to-equity ratio of 74.70, a current ratio of 1.25 and a quick ratio of 1.20. The stock has a market cap of C$1.17 billion, a P/E ratio of 12.66, a PEG ratio of 0.53 and a beta of 1.05. Bird Construction has a 1-year low of C$17.52 and a 1-year high of C$32.67.

Bird Construction Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, May 20th. Investors of record on Tuesday, May 20th will be given a dividend of $0.07 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.02%. The ex-dividend date of this dividend is Wednesday, April 30th. Bird Construction’s dividend payout ratio is presently 50.87%.

About Bird Construction

Bird Construction Inc operates as a general contractor in the Canadian construction market. The company focuses primarily on projects in the industrial, commercial and institutional sectors of the general contracting industry. It provides construction services such as new construction for industrial, commercial, and institutional markets; industrial maintenance, repair and operations (MRO) services, heavy civil construction and contract surface mining; as well as vertical infrastructure including, electrical, mechanical, and specialty trades.