Stifel Canada Estimates Stantec’s FY2027 Earnings (TSE:STN)

Stantec Inc. (TSE:STN) (NYSE:STN) – Equities researchers at Stifel Canada issued their FY2027 earnings per share estimates for shares of Stantec in a research report issued on Sunday, October 5th. Stifel Canada analyst I. Gillies forecasts that the company will post earnings of $6.50 per share for the year.

STN has been the subject of several other reports. CIBC upped their price target on Stantec from C$156.00 to C$168.00 in a research note on Friday, July 18th. Desjardins upped their price target on Stantec from C$153.00 to C$158.00 and gave the stock a “buy” rating in a research note on Friday, August 15th. Raymond James Financial upped their price target on Stantec from C$155.00 to C$160.00 and gave the stock an “outperform” rating in a research note on Friday, August 15th. Royal Bank Of Canada upped their price objective on Stantec from C$150.00 to C$153.00 and gave the stock an “outperform” rating in a report on Friday, August 15th. Finally, Canaccord Genuity Group upped their price objective on Stantec from C$150.00 to C$165.00 and gave the stock a “buy” rating in a report on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Stantec has an average rating of “Buy” and a consensus price target of C$156.00.

Stantec Trading Up 0.3%

STN stock opened at C$155.23 on Tuesday. Stantec has a 1-year low of C$107.23 and a 1-year high of C$156.34. The company has a debt-to-equity ratio of 85.29, a current ratio of 1.42 and a quick ratio of 1.46. The company has a market capitalization of C$17.71 billion, a price-to-earnings ratio of 40.64, a PEG ratio of 1.46 and a beta of 0.87. The business has a 50 day simple moving average of C$150.61 and a two-hundred day simple moving average of C$141.05.

Stantec Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Wednesday, October 15th will be paid a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Monday, September 29th. Stantec’s payout ratio is presently 22.77%.

About Stantec

Stantec Inc is a sustainable engineering, architecture, and environmental consulting company. The company is geographically diversified in three regional operating units namely Canada, the United States and Global, offering similar services across all regions. The company offers services in various sectors across the project life cycle through five business operating units infrastructure, water, buildings, environmental services, and energy and resources.