Stantec Inc. (NYSE:STN – Free Report) (TSE:STN) – Analysts at Stifel Canada lifted their FY2025 earnings per share estimates for Stantec in a report released on Wednesday, April 16th. Stifel Canada analyst I. Gillies now anticipates that the business services provider will post earnings per share of $3.72 for the year, up from their prior estimate of $3.70. The consensus estimate for Stantec’s current full-year earnings is $3.05 per share.
Separately, Raymond James raised shares of Stantec from a “market perform” rating to an “outperform” rating in a report on Wednesday, February 26th. Five research analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has an average rating of “Buy”.
Stantec Trading Up 0.6 %
STN stock opened at $87.32 on Friday. Stantec has a 52 week low of $73.18 and a 52 week high of $90.24. The company has a market capitalization of $9.96 billion, a PE ratio of 39.69 and a beta of 1.00. The company’s 50-day simple moving average is $82.21 and its 200 day simple moving average is $81.64. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.42 and a current ratio of 1.42.
Stantec Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Friday, March 28th were given a dividend of $0.1574 per share. This represents a $0.63 dividend on an annualized basis and a dividend yield of 0.72%. This is an increase from Stantec’s previous quarterly dividend of $0.16. The ex-dividend date was Friday, March 28th. Stantec’s dividend payout ratio is presently 26.61%.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the stock. Tower Research Capital LLC TRC grew its stake in Stantec by 632.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 491 shares of the business services provider’s stock worth $39,000 after buying an additional 424 shares in the last quarter. Parallel Advisors LLC lifted its holdings in shares of Stantec by 37.6% during the 1st quarter. Parallel Advisors LLC now owns 874 shares of the business services provider’s stock worth $72,000 after acquiring an additional 239 shares during the period. Versant Capital Management Inc acquired a new stake in shares of Stantec during the 1st quarter worth approximately $97,000. Blue Trust Inc. increased its stake in Stantec by 78.4% in the fourth quarter. Blue Trust Inc. now owns 1,739 shares of the business services provider’s stock valued at $140,000 after acquiring an additional 764 shares during the last quarter. Finally, Natixis raised its position in Stantec by 114.8% during the fourth quarter. Natixis now owns 1,781 shares of the business services provider’s stock valued at $140,000 after purchasing an additional 952 shares in the last quarter. Institutional investors own 63.86% of the company’s stock.
About Stantec
Stantec Inc provides professional services in the areas of infrastructure and facilities to the public and private sectors in Canada, the United States, and internationally. It offers evaluation, planning, and designing infrastructure solutions; solutions for sustainable water resources, planning, management, and infrastructure; environmental services; integrated architecture, engineering, interior design, and planning solutions for buildings; and energy and resources solutions.
Recommended Stories
- Five stocks we like better than Stantec
- 3 Ways To Invest In Coffee, Other Than Drinking It
- 3 Mid-Cap to Mega-Cap Stocks Have Announced Significant Buybacks
- What Are Earnings Reports?
- These 3 Stocks Have Huge Last 12 Months Shareholder Yields
- Energy and Oil Stocks Explained
- Prominent Hedge Fund Acquires Huge Stake in HPE: Is It a Buy Now?
Receive News & Ratings for Stantec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stantec and related companies with MarketBeat.com's FREE daily email newsletter.