Analysts Set Expectations for Aecon Group FY2027 Earnings

Aecon Group Inc. (TSE:ARE) – Equities research analysts at National Bank Financial issued their FY2027 earnings estimates for shares of Aecon Group in a report released on Tuesday, September 23rd. National Bank Financial analyst M. Sytchev anticipates that the company will post earnings per share of $2.01 for the year. National Bank Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for Aecon Group’s current full-year earnings is $1.38 per share.

A number of other research firms also recently weighed in on ARE. ATB Capital reduced their price target on shares of Aecon Group from C$30.00 to C$28.00 and set an “outperform” rating on the stock in a research note on Tuesday, August 5th. Desjardins reduced their price target on shares of Aecon Group from C$24.00 to C$22.00 and set a “buy” rating on the stock in a research note on Tuesday, August 5th. BMO Capital Markets raised their price target on shares of Aecon Group from C$19.00 to C$22.00 in a research note on Tuesday, July 22nd. TD Securities raised their price target on shares of Aecon Group from C$22.00 to C$23.00 and gave the company a “buy” rating in a research note on Tuesday, August 5th. Finally, National Bankshares raised their price objective on shares of Aecon Group from C$23.00 to C$26.00 and gave the company an “outperform” rating in a report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating and seven have issued a Buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of C$23.00.

Aecon Group Trading Up 0.9%

ARE opened at C$22.74 on Thursday. The company’s 50 day moving average is C$20.81 and its 200-day moving average is C$19.26. Aecon Group has a 1-year low of C$15.21 and a 1-year 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. The company has a market cap of C$1.45 billion, a P/E ratio of 54.14, a PEG ratio of 18.18 and a beta of 1.49.

Aecon Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, October 2nd will be issued a dividend of $0.19 per share. The ex-dividend date is Monday, September 22nd. This represents a $0.76 annualized dividend and a yield of 3.3%. Aecon Group’s dividend payout ratio (DPR) is presently 180.95%.

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.