Analysts Set Expectations for Aecon Group FY2027 Earnings

Key Points

• Analysts from National Bank Financial predict that Aecon Group will achieve earnings of $2.01 per share for FY2027, maintaining a "Strong-Buy" rating.
• Aecon Group is currently rated as a "Buy" by most analysts, with a price target averaging around C$23.00, following various adjustments from other financial institutions.
• The company has declared a quarterly dividend of $0.19 per share, translating to an annual yield of 3.4%, despite a notably high dividend payout ratio of 180.95%.

Aecon Group Inc. (TSE:ARE - Free Report) - Analysts at National Bank Financial issued their FY2027 EPS estimates for shares of Aecon Group in a report released on Tuesday, September 23rd. National Bank Financial analyst M. Sytchev expects that the company will post earnings of $2.01 per share 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.

ARE has been the subject of a number of other reports. BMO Capital Markets raised their target price on shares of Aecon Group from C$19.00 to C$22.00 in a report on Tuesday, July 22nd. TD Securities upped their target price on Aecon Group from C$22.00 to C$23.00 and gave the company a "buy" rating in a report on Tuesday, August 5th. ATB Capital cut their price objective on Aecon Group from C$30.00 to C$28.00 and set an "outperform" rating on the stock in a report on Tuesday, August 5th. National Bankshares boosted their price target 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. Finally, Desjardins cut their target price 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. Two research analysts have rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Buy" and an average price target of C$23.00.

Aecon Group Price Performance

Shares of TSE ARE opened at C$22.54 on Thursday. Aecon Group has a twelve month low of C$15.21 and a twelve month 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 firm has a 50-day moving average of C$20.76 and a two-hundred day moving average of C$19.23. The company has a market capitalization of C$1.43 billion, a price-to-earnings ratio of 53.67, a PEG ratio of 18.18 and a beta of 1.49.

Aecon Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders 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 dividend on an annualized basis and a dividend yield of 3.4%. Aecon Group's dividend payout ratio (DPR) is currently 180.95%.

Aecon Group Company Profile

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.

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