Scotiabank Issues Pessimistic Outlook for Stantec Earnings

Stantec Inc. (NYSE:STN) (TSE:STN) – Analysts at Scotiabank lowered their FY2027 earnings per share estimates for shares of Stantec in a research report issued to clients and investors on Wednesday, July 15th. Scotiabank analyst J. Goldman now forecasts that the business services provider will post earnings per share of $4.52 for the year, down from their previous estimate of $4.86. The consensus estimate for Stantec’s current full-year earnings is $4.50 per share.

Other analysts have also recently issued reports about the company. ATB Cormark Capital Markets raised Stantec from a “hold” rating to a “moderate buy” rating in a research note on Friday, May 15th. Wall Street Zen lowered shares of Stantec from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 13th. Zacks Research cut shares of Stantec from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Weiss Ratings downgraded shares of Stantec from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 1st. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Stantec in a report on Tuesday, May 19th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Stantec has a consensus rating of “Moderate Buy” and a consensus target price of $175.00.

Stantec Trading Down 1.3%

NYSE:STN opened at $69.52 on Friday. Stantec has a fifty-two week low of $66.94 and a fifty-two week high of $114.51. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.35 and a quick ratio of 1.35. The stock has a market capitalization of $7.81 billion, a PE ratio of 22.28 and a beta of 1.00. The business’s 50-day simple moving average is $72.50 and its 200-day simple moving average is $85.66.

Stantec (NYSE:STN) (TSE:STN) last posted its earnings results on Wednesday, May 13th. The business services provider reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.02. Stantec had a return on equity of 19.37% and a net margin of 5.92%.The firm had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS.

Institutional Investors Weigh In On Stantec

Institutional investors have recently bought and sold shares of the company. Allworth Financial LP grew its stake in shares of Stantec by 223.9% during the 4th quarter. Allworth Financial LP now owns 298 shares of the business services provider’s stock worth $28,000 after acquiring an additional 206 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its position in shares of Stantec by 264.9% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 343 shares of the business services provider’s stock worth $32,000 after purchasing an additional 249 shares in the last quarter. Leonteq Securities AG acquired a new position in Stantec during the fourth quarter worth $37,000. Tower Research Capital LLC TRC boosted its holdings in Stantec by 423.7% during the second quarter. Tower Research Capital LLC TRC now owns 508 shares of the business services provider’s stock worth $55,000 after purchasing an additional 411 shares during the last quarter. Finally, Toth Financial Advisory Corp bought a new position in Stantec in the fourth quarter valued at $57,000. Institutional investors own 63.86% of the company’s stock.

Stantec Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a $0.245 dividend. This represents a $0.98 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Tuesday, June 30th. Stantec’s dividend payout ratio (DPR) is currently 22.12%.

About Stantec

Stantec is a global design and consulting firm offering professional services in engineering, architecture, and environmental sciences. The company partners with public and private clients to deliver solutions spanning infrastructure, water, energy and resources, and community development. Through an integrated approach, Stantec manages projects from initial planning and conceptual design through construction and commissioning, focusing on sustainability and innovation.

The firm’s service portfolio includes civil infrastructure design, building systems engineering, environmental assessments, and project management.