Raymond James Financial Estimates Aecon Group Q2 Earnings

Aecon Group Inc. (TSE:ARE) – Research analysts at Raymond James Financial raised their Q2 2026 earnings estimates for shares of Aecon Group in a note issued to investors on Tuesday, August 5th. Raymond James Financial analyst F. Bastien now anticipates that the company will earn $0.34 per share for the quarter, up from their prior estimate of $0.22. The consensus estimate for Aecon Group’s current full-year earnings is $1.38 per share.

A number of other brokerages have also weighed in on ARE. National Bank Financial raised shares of Aecon Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 1st. Stifel Canada raised shares of Aecon Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 17th. BMO Capital Markets increased their target price on shares of Aecon Group from C$19.00 to C$22.00 in a research note on Tuesday, July 22nd. Desjardins cut their target price on shares of Aecon Group from C$24.00 to C$22.00 and set a “buy” rating for the company in a research note on Tuesday. Finally, ATB Capital cut their target price on shares of Aecon Group from C$30.00 to C$28.00 and set an “outperform” rating for the company in a research note on Tuesday. Eight analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of C$22.70.

Aecon Group Trading Up 1.3%

Shares of TSE:ARE opened at C$20.10 on Thursday. The company has a 50 day moving average of C$19.75 and a 200-day moving average of C$19.73. The firm has a market cap of C$1.27 billion, a P/E ratio of -19.77, a P/E/G ratio of 18.18 and a beta of 1.13. Aecon Group has a twelve month low of C$15.21 and a twelve month high of C$29.70. The company has a current ratio of 1.19, a quick ratio of 1.27 and a debt-to-equity ratio of 32.84.

Aecon Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Thursday, July 3rd were issued a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, June 23rd. Aecon Group’s payout ratio is presently -74.76%.

Insider Transactions at Aecon Group

In other Aecon Group news, Director Leslie Compton Kass bought 6,325 shares of Aecon Group stock in a transaction dated Tuesday, June 10th. The shares were acquired at an average cost of C$19.44 per share, with a total value of C$122,953.83. Also, Director Scott William Thon bought 10,500 shares of Aecon Group stock in a transaction dated Tuesday, June 3rd. The stock was acquired at an average cost of C$19.21 per share, for a total transaction of C$201,705.00. Insiders have acquired 21,825 shares of company stock valued at $419,159 in the last three months. 0.82% of the stock is owned by corporate insiders.

About Aecon Group

Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects, mainly in the transportation sector. Its concessions segment is engaged in the development, financing, construction, and operation of infrastructure projects.