FY2025 EPS Estimate for Bird Construction Cut by Analyst

Bird Construction Inc. (TSE:BDT - Free Report) - Stock analysts at Stifel Canada cut their FY2025 earnings per share estimates for shares of Bird Construction in a research report issued to clients and investors on Wednesday, April 16th. Stifel Canada analyst I. Gillies now expects that the company will post earnings of $2.51 per share for the year, down from their previous estimate of $2.66. The consensus estimate for Bird Construction's current full-year earnings is $2.76 per share.

A number of other brokerages have also commented on BDT. Cibc World Mkts raised shares of Bird Construction from a "hold" rating to a "strong-buy" rating in a report on Friday, March 14th. Canaccord Genuity Group lowered their price target on shares of Bird Construction from C$36.00 to C$35.00 and set a "buy" rating for the company in a report on Friday, March 14th. TD Securities reduced their price objective on Bird Construction from C$36.00 to C$33.00 and set a "buy" rating on the stock in a report on Tuesday, March 18th. CIBC lowered their target price on Bird Construction from C$36.00 to C$31.00 in a research note on Friday, March 14th. Finally, Raymond James raised Bird Construction from an "outperform" rating to a "strong-buy" rating and set a C$35.00 price target on the stock in a research note on Tuesday. Two research analysts have rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of C$31.61.

Bird Construction Price Performance

Shares of TSE:BDT traded down C$0.07 during midday trading on Friday, reaching C$20.86. The company's stock had a trading volume of 139,332 shares, compared to its average volume of 209,304. The business's fifty day simple moving average is C$21.20 and its 200-day simple moving average is C$25.23. The company has a debt-to-equity ratio of 74.70, a current ratio of 1.25 and a quick ratio of 1.20. Bird Construction has a fifty-two week low of C$17.52 and a fifty-two week high of C$32.67. The company has a market capitalization of C$1.17 billion, a P/E ratio of 12.63, a P/E/G ratio of 0.53 and a beta of 1.05.

Bird Construction Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, May 20th. Stockholders of record on Tuesday, May 20th will be given a dividend of $0.07 per share. The ex-dividend date is Wednesday, April 30th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.03%. Bird Construction's dividend payout ratio is 50.87%.

Bird Construction Company Profile

Bird Construction Inc operates as a general contractor in the Canadian construction market. The company focuses primarily on projects in the industrial, commercial and institutional sectors of the general contracting industry. It provides construction services such as new construction for industrial, commercial, and institutional markets; industrial maintenance, repair and operations (MRO) services, heavy civil construction and contract surface mining; as well as vertical infrastructure including, electrical, mechanical, and specialty trades.