Should I buy or sell Aecon Group stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Aecon Group in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ARE shares. View ARE analyst ratings or view top-rated stocks .

What is Aecon Group's stock price target for 2024?

11 brokers have issued 12 month price objectives for Aecon Group's shares. Their ARE share price targets range from C$13.00 to C$26.00. On average, they anticipate the company's share price to reach C$18.09 in the next year. This suggests a possible upside of 8.7% from the stock's current price. View analysts price targets for ARE or view top-rated stocks among Wall Street analysts .

How have ARE shares performed in 2024?

Aecon Group's stock was trading at C$13.07 at the start of the year. Since then, ARE stock has increased by 27.4% and is now trading at C$16.65. View the best growth stocks for 2024 here .

When is Aecon Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our ARE earnings forecast .

How were Aecon Group's earnings last quarter?

Aecon Group Inc. (TSE:ARE) posted its earnings results on Tuesday, March, 5th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.17 by $0.02. The company earned $1.13 billion during the quarter, compared to analyst estimates of $1.22 billion. Aecon Group had a trailing twelve-month return on equity of 16.04% and a net margin of 3.49%.

How often does Aecon Group pay dividends? What is the dividend yield for Aecon Group?

Aecon Group declared a quarterly dividend on Tuesday, March 5th. Investors of record on Friday, March 22nd will be paid a dividend of 0.19 per share on Wednesday, April 3rd. This represents a $0.76 annualized dividend and a dividend yield of 4.56%. The ex-dividend date is Thursday, March 21st. This is a boost from the stock's previous quarterly dividend of C$0.19. Read our dividend analysis for ARE .

Is Aecon Group a good dividend stock?

Aecon Group (TSE:ARE) pays an annual dividend of C$0.76 per share and currently has a dividend yield of 4.49%. ARE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 36.19%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for ARE .

What other stocks do shareholders of Aecon Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Aecon Group investors own include Intact Financial (IFC) , Constellation Software (CSU) , AutoCanada (ACQ) , Alimentation Couche-Tard (ATD.B) , AbbVie (ABBV) , Vermilion Energy (VET) , Wheaton Precious Metals (WPM) , Open Text (OTEX) , Toronto-Dominion Bank (TD) and Rogers Communications (RCI) .

How do I buy shares of Aecon Group?

Shares of ARE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:ARE

Aecon Group (ARE) Stock Price, News & Analysis

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Free ARE Stock Alerts

C$16.65

-0.54 (-3.14%)

(As of 04/15/2024 ET)

Compare

Today's Range: C$16.52
▼
C$17.37
50-Day Range: C$13.81
▼
C$17.35
52-Week Range: C$8.42
▼
C$17.40

Volume: 256,457 shs
Average Volume: 334,220 shs
Market Capitalization: C$1.04 billion

P/E Ratio: 7.93
Dividend Yield: 4.56%
Price Target: C$18.09

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get Aecon Group alerts:

Aecon Group MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.55 Rating Score
Upside/Downside: 8.7% Upside
C$18.09 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.66
Based on 4 Articles This Week
Insider Trading: Acquiring Shares
C$169,609 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.40 out of 5 stars

2.3

Analyst's Opinion

Consensus Rating
Aecon Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.55, and is based on 6 buy ratings, 5 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Aecon Group has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for ARE.

2.5

Dividend Strength

Dividend Leadership
Aecon Group is a leading dividend payer. It pays a dividend yield of 4.49%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Aecon Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Aecon Group is 36.19%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ARE.

2.6

News and Social Media Coverage

News Sentiment
Aecon Group has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.37 average news sentiment score of Industrials companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Aecon Group this week, compared to 2 articles on an average week.
Search Interest
Only 16 people have searched for ARE on MarketBeat in the last 30 days. This is a decrease of -27% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Aecon Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Aecon Group insiders have bought 356.05% more of their company's stock than they have sold. Specifically, they have bought C$169,609.00 in company stock and sold C$37,191.00 in company stock.
Percentage Held by Insiders
Only 1.72% of the stock of Aecon Group is held by insiders.
Percentage Held by Institutions
Only 17.76% of the stock of Aecon Group is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Aecon Group is 7.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.21.
Price to Earnings Ratio vs. Sector
The P/E ratio of Aecon Group is 7.93, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 400.34.
Price to Earnings Growth Ratio
Aecon Group has a PEG Ratio of 18.18. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Aecon Group has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Aecon Group Stock (TSE:ARE)

Aecon Group Inc., together with its subsidiaries, provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally. It operates through two segments, Construction and Concessions. The Construction segment focuses on civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure, and conventional industrial infrastructure market sectors. The Concessions segment engages in the development, building, financing, and operation of construction projects by way of public-private partnership contract structures. This segment also provides development of domestic international public-private partnership; private finance solution; developing strategic partnerships; leading and/or participating in development teams; and operations and maintenance of infrastructure assets services. The company was formerly known as Prefac Concrete Co. Ltd. and changed its name to Aecon Group Inc. in June 2001. Aecon Group Inc. was founded in 1867 and is headquartered in Toronto, Canada.

ARE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ARE Stock News Headlines

March 27, 2024 | insidertrades.com

Adam Robert Borgatti Purchases 4,231 Shares of Aecon Group Inc. (TSE:ARE) Stock

March 23, 2024 | insidertrades.com

Aecon Group Inc. (TSE:ARE) Director Stuart Lee Buys 7,000 Shares

April 16, 2024 | InvestorPlace (Ad)

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March 22, 2024 | insidertrades.com

Aecon Group Inc. (TSE:ARE) Senior Officer Sells C$37,191.30 in Stock

April 13, 2024 | americanbankingnews.com

Aecon Group Inc. (TSE:ARE) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

April 11, 2024 | americanbankingnews.com

Aecon Group (TSE:ARE) Stock Price Passes Above Two Hundred Day Moving Average of $13.11

April 10, 2024 | msn.com

Award winning £16m flood defence system fails just MONTHS after being installed

April 10, 2024 | finance.yahoo.com

Here's Why Aecon Group (TSE:ARE) Has Caught The Eye Of Investors

April 16, 2024 | InvestorPlace (Ad)

“Forget Tesla, this is Elon’s Next Big Thing”

According to Forbes, this breakthrough could define the future of AI. Most people don’t know about it… Because it was found 750 miles away from Silicon Valley.

April 4, 2024 | ninerswire.usatoday.com

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April 4, 2024 | baystreet.ca

AGF, BMO, Dollarama at 52-Week Highs on News

March 19, 2024 | fool.com

Aecon Group (TSX: ARE)

March 17, 2024 | finance.yahoo.com

Read This Before Considering Aecon Group Inc. (TSE:ARE) For Its Upcoming CA$0.19 Dividend

March 12, 2024 | uk.news.yahoo.com

FTSE 100 logs highest close in 2024 as labour data fuels rate-cuts bets

March 12, 2024 | uk.finance.yahoo.com

Regional REIT weighs options as £50m bond deadline approaches

March 11, 2024 | finance.yahoo.com

Aecon Group (TSE:ARE) Will Pay A Larger Dividend Than Last Year At CA$0.19

March 11, 2024 | msn.com

Aecon appoints Jerome Julier as CFO

March 6, 2024 | msn.com

Aecon Group Inc. GAAP EPS of $0.15, revenue of $1.13B

March 6, 2024 | theglobeandmail.com

Aecon Group’s profit down in fourth quarter at $9.7 million, but up for full year

February 28, 2024 | finance.yahoo.com

Port of Montreal comes to an agreement with Pomerleau and Aecon for the in-water works design of its Contrecœur expansion project

February 25, 2024 | msn.com

Aecon Group (AEGXF) Price Target Increased by 5.16% to 10.74

February 22, 2024 | msn.com

Nearly $1-million federal funding boosts Indigenous entrepreneurs on Six Nations, Mississaugas of the Credit

February 7, 2024 | theglobeandmail.com

Six small-cap stocks for deal-seeking investors

February 3, 2024 | msn.com

Goodyear residents feel unheard after flight school noise complaints

January 31, 2024 | msn.com

Immediate Income: Why This 5.35% Dividend Stock Is a Top Pick

January 24, 2024 | finance.yahoo.com

Aecon consortium partners with Metrolinx as new operations and maintenance partner for GO Transit service

January 10, 2024 | realmoney.thestreet.com

Aecon Group price target raised by C$3.50 at TD Securities

See More Headlines

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Company Calendar

Last Earnings: 3/05/2024
Ex-Dividend for 4/3 Dividend: 3/21/2024
Dividend Payable: 4/03/2024
Today: 4/15/2024
Next Earnings (Confirmed): 4/24/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Industrials
Industry: Engineering & Construction
Sub-Industry: N/A
Current Symbol: TSE:ARE
CUSIP: N/A
CIK: N/A
Web: www.aecon.com
Phone: +1-416-2972600
Fax: N/A
Employees: 8,684
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$18.09
High Stock Price Target: C$26.00
Low Stock Price Target: C$13.00
Potential Upside/Downside: +8.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.55
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$2.10
Trailing P/E Ratio: 7.93
Forward P/E Ratio: 21.90
P/E Growth: 18.18
Net Income: C$161.89 million
Net Margins: 3.49%
Pretax Margin: N/A
Return on Equity: 16.04%
Return on Assets: -0.01%

Debt

Debt-to-Equity Ratio: 39.29
Current Ratio: 1.42
Quick Ratio: 1.27

Sales & Book Value

Annual Sales: C$4.64 billion
Price / Sales: 0.22
Cash Flow: C$14.54 per share
Price / Cash Flow: 1.15
Book Value: C$17.09 per share
Price / Book: 0.97

Miscellaneous

Outstanding Shares: 62,270,000
Free Float: N/A
Market Cap: C$1.04 billion
Optionable: Not Optionable
Beta: 1.16

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Key Executives

Mr. Jean-Louis Servranckx (Age 63)
President, CEO & Director
Comp: $2.89M
Mr. Steven N. Nackan
Executive VP & President of Concessions
Mr. Eric MacDonald
Executive Vice President of Utilities
Mr. Thomas Clochard
Executive Vice President of Civil & Nuclear
Mr. Adam Borgatti C.F.A.
CPIR, Senior Vice President of Corporate Development & Investor Relations
Ms. Gordana Terkalas
Senior Vice President of Human Resources
Mr. Mark Scherer
Executive VP of Industrial & Chief Safety Officer
Mr. Mathew Kattapuram
Senior Vice President of Strategic Business Development
Mr. John Singleton
Senior Vice President of Industrial East & West
Mr. Alistair MacCallum
Senior Vice President of Finance

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

ARE Stock Analysis - Frequently Asked Questions

Should I buy or sell Aecon Group stock right now?: 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Aecon Group in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ARE shares.
View ARE analyst ratings or view top-rated stocks.
What is Aecon Group's stock price target for 2024?: 11 brokers have issued 12 month price objectives for Aecon Group's shares. Their ARE share price targets range from C$13.00 to C$26.00. On average, they anticipate the company's share price to reach C$18.09 in the next year. This suggests a possible upside of 8.7% from the stock's current price.
View analysts price targets for ARE or view top-rated stocks among Wall Street analysts.
How have ARE shares performed in 2024?: Aecon Group's stock was trading at C$13.07 at the start of the year. Since then, ARE stock has increased by 27.4% and is now trading at C$16.65.
View the best growth stocks for 2024 here.
When is Aecon Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our ARE earnings forecast.
How were Aecon Group's earnings last quarter?: Aecon Group Inc. (TSE:ARE) posted its earnings results on Tuesday, March, 5th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.17 by $0.02. The company earned $1.13 billion during the quarter, compared to analyst estimates of $1.22 billion. Aecon Group had a trailing twelve-month return on equity of 16.04% and a net margin of 3.49%.

How often does Aecon Group pay dividends? What is the dividend yield for Aecon Group?: Aecon Group declared a quarterly dividend on Tuesday, March 5th. Investors of record on Friday, March 22nd will be paid a dividend of 0.19 per share on Wednesday, April 3rd. This represents a $0.76 annualized dividend and a dividend yield of 4.56%. The ex-dividend date is Thursday, March 21st. This is a boost from the stock's previous quarterly dividend of C$0.19.
Read our dividend analysis for ARE.
Is Aecon Group a good dividend stock?: Aecon Group (TSE:ARE) pays an annual dividend of C$0.76 per share and currently has a dividend yield of 4.49%. ARE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 36.19%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ARE.
What other stocks do shareholders of Aecon Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Aecon Group investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Wheaton Precious Metals (WPM), Open Text (OTEX), Toronto-Dominion Bank (TD) and Rogers Communications (RCI).
How do I buy shares of Aecon Group?: Shares of ARE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:ARE) was last updated on 4/16/2024 by MarketBeat.com Staff

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Aecon Group (ARE) Stock Price, News & Analysis

Aecon Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Aecon Group Stock (TSE:ARE)

ARE Stock Price History

ARE Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

ARE Stock Analysis - Frequently Asked Questions

Overall MarketRank^™