FY2025 Earnings Forecast for Stantec Issued By Desjardins

Key Points

• Desjardins has raised its FY2025 earnings estimate for Stantec Inc. to $3.85 per share, up from $3.78, reflecting a positive outlook for the business services provider.
• Stantec's recent quarterly earnings report showed a net margin of 5.62% and revenue of $1.17 billion, aligning with analyst expectations.
• The company announced an increase in its quarterly dividend to $0.1635, demonstrating financial strength and commitment to returning value to shareholders.

Stantec Inc. (NYSE:STN - Free Report) TSE: STN - Stock analysts at Desjardins boosted their FY2025 earnings per share (EPS) estimates for Stantec in a research note issued to investors on Thursday, August 14th. Desjardins analyst B. Poirier now anticipates that the business services provider will post earnings per share of $3.85 for the year, up from their prior estimate of $3.78. The consensus estimate for Stantec's current full-year earnings is $3.05 per share. Desjardins also issued estimates for Stantec's FY2026 earnings at $4.29 EPS and FY2027 earnings at $4.71 EPS.

STN has been the topic of a number of other reports. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Stantec in a report on Friday, May 16th. Scotiabank reaffirmed an "outperform" rating on shares of Stantec in a report on Wednesday, May 7th. CIBC reaffirmed an "outperform" rating on shares of Stantec in a report on Friday, July 18th. TD Securities reaffirmed a "buy" rating on shares of Stantec in a report on Friday, May 16th. Finally, Wall Street Zen cut Stantec from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 16th. Seven investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Stantec presently has an average rating of "Buy".

Stantec Stock Up 1.6%

Shares of STN stock traded up $1.70 during midday trading on Monday, reaching $107.71. 45,839 shares of the stock were exchanged, compared to its average volume of 173,868. Stantec has a 1 year low of $73.18 and a 1 year high of $113.50. The company's 50 day moving average is $108.95 and its two-hundred day moving average is $95.13. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.44. The firm has a market cap of $12.29 billion, a PE ratio of 39.32 and a beta of 1.03.

Stantec (NYSE:STN - Get Free Report) TSE: STN last posted its earnings results on Wednesday, August 13th. The business services provider reported $0.98 EPS for the quarter, hitting the consensus estimate of $0.98. Stantec had a return on equity of 19.03% and a net margin of 5.62%.The business had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.64 billion. Stantec has set its FY 2025 guidance at 3.784-3.880 EPS.

Stantec Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Monday, September 29th will be issued a $0.1635 dividend. This is an increase from Stantec's previous quarterly dividend of $0.16. This represents a $0.65 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Monday, September 29th. Stantec's dividend payout ratio is presently 24.09%.

Institutional Investors Weigh In On Stantec

Several institutional investors and hedge funds have recently made changes to their positions in STN. Wealth Preservation Advisors LLC acquired a new position in Stantec during the first quarter valued at $26,000. Simplex Trading LLC acquired a new position in shares of Stantec in the second quarter worth about $32,000. Tower Research Capital LLC TRC raised its position in shares of Stantec by 632.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 491 shares of the business services provider's stock worth $39,000 after acquiring an additional 424 shares during the period. Caitong International Asset Management Co. Ltd raised its position in shares of Stantec by 4,700.0% in the second quarter. Caitong International Asset Management Co. Ltd now owns 384 shares of the business services provider's stock worth $42,000 after acquiring an additional 376 shares during the period. Finally, Tower Research Capital LLC TRC raised its position in shares of Stantec by 423.7% in the second quarter. Tower Research Capital LLC TRC now owns 508 shares of the business services provider's stock worth $55,000 after acquiring an additional 411 shares during the period. 63.86% of the stock is currently owned by institutional investors and hedge funds.

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.