Raymond James Has Pessimistic View of TSE:BDT Q1 Earnings

Bird Construction Inc. (TSE:BDT) – Equities research analysts at Raymond James cut their Q1 2025 earnings estimates for shares of Bird Construction in a note issued to investors on Tuesday, April 22nd. Raymond James analyst F. Bastien now expects that the company will earn $0.21 per share for the quarter, down from their previous forecast of $0.22. Raymond James currently has a “Strong-Buy” rating and a $35.00 target price on the stock. The consensus estimate for Bird Construction’s current full-year earnings is $2.76 per share. Raymond James also issued estimates for Bird Construction’s Q3 2025 earnings at $0.98 EPS, Q4 2025 earnings at $0.95 EPS, FY2025 earnings at $2.70 EPS, Q1 2026 earnings at $0.42 EPS, Q2 2026 earnings at $0.76 EPS and Q4 2026 earnings at $1.08 EPS.

Several other research firms have also issued reports on BDT. Cibc World Mkts raised Bird Construction from a “hold” rating to a “strong-buy” rating in a report on Friday, March 14th. Canaccord Genuity Group reduced their price target on shares of Bird Construction from C$36.00 to C$35.00 and set a “buy” rating for the company in a research report on Friday, March 14th. TD Securities decreased their price objective on shares of Bird Construction from C$36.00 to C$33.00 and set a “buy” rating for the company in a report on Tuesday, March 18th. National Bankshares dropped their target price on shares of Bird Construction from C$32.00 to C$30.00 and set a “sector perform” rating on the stock in a research note on Friday, March 14th. Finally, BMO Capital Markets decreased their price target on shares of Bird Construction from C$30.00 to C$28.00 in a research note on Thursday, April 17th. Two equities research analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, Bird Construction currently has an average rating of “Buy” and an average target price of C$31.61.

Bird Construction Stock Down 1.4 %

Bird Construction stock opened at C$20.64 on Wednesday. The company has a debt-to-equity ratio of 74.70, a quick ratio of 1.20 and a current ratio of 1.25. The stock has a market cap of C$1.15 billion, a PE ratio of 12.50, a price-to-earnings-growth ratio of 0.53 and a beta of 1.05. Bird Construction has a fifty-two week low of C$17.52 and a fifty-two week high of C$32.67. The firm’s 50-day simple moving average is C$21.15 and its 200 day simple moving average is C$25.19.

Bird Construction Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, May 20th. Shareholders of record on Tuesday, May 20th will be given a dividend of $0.07 per share. The ex-dividend date is Wednesday, April 30th. This represents a $0.84 annualized dividend and a dividend yield of 4.07%. Bird Construction’s dividend payout ratio is currently 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.