Stantec Inc. (NYSE:STN – Free Report) (TSE:STN) – Analysts at National Bank Financial raised their Q1 2025 earnings per share (EPS) estimates for shares of Stantec in a research note issued to investors on Tuesday, April 8th. National Bank Financial analyst M. Sytchev now anticipates that the business services provider will post earnings of $0.77 per share for the quarter, up from their prior forecast of $0.70. The consensus estimate for Stantec’s current full-year earnings is $3.05 per share.
Separately, Raymond James upgraded Stantec from a “market perform” rating to an “outperform” rating in a research note on Wednesday, February 26th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy”.
Stantec Trading Down 2.3 %
NYSE:STN opened at $83.32 on Friday. The company has a market capitalization of $9.50 billion, a P/E ratio of 37.87 and a beta of 1.00. The stock’s 50 day moving average price is $81.24 and its 200 day moving average price is $81.44. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.42 and a current ratio of 1.42. Stantec has a 52 week low of $73.18 and a 52 week high of $90.24.
Stantec Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 28th will be given a dividend of $0.1574 per share. This represents a $0.63 dividend on an annualized basis and a dividend yield of 0.76%. This is a positive change from Stantec’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Friday, March 28th. Stantec’s dividend payout ratio is presently 26.61%.
Institutional Trading of Stantec
A number of hedge funds have recently bought and sold shares of the business. Parallel Advisors LLC boosted its holdings in shares of Stantec by 37.6% in the first quarter. Parallel Advisors LLC now owns 874 shares of the business services provider’s stock worth $72,000 after acquiring an additional 239 shares during the period. Versant Capital Management Inc bought a new position in Stantec in the 1st quarter worth about $97,000. Wellington Management Group LLP grew its holdings in Stantec by 12.7% during the 4th quarter. Wellington Management Group LLP now owns 407,626 shares of the business services provider’s stock valued at $31,965,000 after buying an additional 45,900 shares in the last quarter. Lansforsakringar Fondforvaltning AB publ bought a new stake in shares of Stantec during the fourth quarter valued at about $2,153,000. Finally, Mackenzie Financial Corp lifted its holdings in shares of Stantec by 166.5% in the fourth quarter. Mackenzie Financial Corp now owns 22,342,818 shares of the business services provider’s stock worth $1,751,093,000 after buying an additional 13,958,790 shares in the last quarter. 63.86% of the stock is currently owned by institutional investors.
Stantec Company Profile
Stantec Inc provides professional services in the areas of infrastructure and facilities to the public and private sectors in Canada, the United States, and internationally. It offers evaluation, planning, and designing infrastructure solutions; solutions for sustainable water resources, planning, management, and infrastructure; environmental services; integrated architecture, engineering, interior design, and planning solutions for buildings; and energy and resources solutions.
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