Q2 EPS Estimates for NOA Lowered by National Bank Financial

North American Construction Group Ltd. (NYSE:NOA) (TSE:NOA) – National Bank Financial lowered their Q2 2025 earnings estimates for shares of North American Construction Group in a report issued on Monday, July 14th. National Bank Financial analyst M. Sytchev now anticipates that the oil and gas company will earn $0.55 per share for the quarter, down from their prior forecast of $0.66. The consensus estimate for North American Construction Group’s current full-year earnings is $2.56 per share. National Bank Financial also issued estimates for North American Construction Group’s Q3 2025 earnings at $0.92 EPS.

NOA has been the topic of several other research reports. Canaccord Genuity Group lowered shares of North American Construction Group from a “buy” rating to a “hold” rating in a research note on Friday, July 11th. Wall Street Zen raised shares of North American Construction Group from a “sell” rating to a “hold” rating in a research note on Wednesday, May 21st. Finally, Raymond James Financial lowered shares of North American Construction Group from a “strong-buy” rating to a “moderate buy” rating in a research note on Tuesday, April 22nd. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

North American Construction Group Stock Up 0.2%

Shares of NYSE:NOA opened at $15.19 on Thursday. North American Construction Group has a 12 month low of $13.19 and a 12 month high of $22.08. The company’s 50-day moving average price is $16.89 and its two-hundred day moving average price is $17.31. The company has a quick ratio of 0.74, a current ratio of 0.92 and a debt-to-equity ratio of 1.44. The firm has a market cap of $459.01 million, a P/E ratio of 15.04 and a beta of 1.24.

Institutional Trading of North American Construction Group

Hedge funds have recently modified their holdings of the company. Russell Investments Group Ltd. raised its position in shares of North American Construction Group by 284.3% in the 4th quarter. Russell Investments Group Ltd. now owns 7,954 shares of the oil and gas company’s stock valued at $171,000 after acquiring an additional 5,884 shares during the period. Public Employees Retirement System of Ohio raised its position in shares of North American Construction Group by 16.7% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 10,307 shares of the oil and gas company’s stock valued at $165,000 after acquiring an additional 1,474 shares during the period. Proficio Capital Partners LLC acquired a new stake in shares of North American Construction Group in the 4th quarter valued at approximately $269,000. D. E. Shaw & Co. Inc. acquired a new stake in shares of North American Construction Group in the 4th quarter valued at approximately $295,000. Finally, Northwest & Ethical Investments L.P. raised its position in shares of North American Construction Group by 122.0% in the 4th quarter. Northwest & Ethical Investments L.P. now owns 14,612 shares of the oil and gas company’s stock valued at $314,000 after acquiring an additional 8,029 shares during the period. 74.99% of the stock is currently owned by institutional investors and hedge funds.

North American Construction Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 11th. Investors of record on Wednesday, June 4th were given a $0.086 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 2.26%. This is an increase from North American Construction Group’s previous quarterly dividend of $0.08. The ex-dividend date was Wednesday, June 4th. North American Construction Group’s dividend payout ratio (DPR) is currently 34.65%.

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.