FY2025 EPS Forecast for Bird Construction Reduced by Analyst

Key Points

• Stifel Canada has lowered its FY2025 earnings estimate for Bird Construction to $2.14 per share, down from a previous prediction of $2.17, while the consensus is $2.76.
• Several analysts have provided varying ratings and price targets for Bird Construction, with some upgrades including a shift from "hold" to "strong-buy" and price objectives ranging from C$31.00 to C$41.00.
• Bird Construction recently announced a $0.07 monthly dividend, reflecting an annualized yield of 2.7%, scheduled to be paid on November 20th.

Bird Construction Inc. (TSE:BDT - Free Report) - Equities research analysts at Stifel Canada reduced their FY2025 earnings estimates for Bird Construction in a research note issued to investors on Sunday, October 5th. Stifel Canada analyst I. Gillies now expects that the company will post earnings of $2.14 per share for the year, down from their prior forecast of $2.17. The consensus estimate for Bird Construction's current full-year earnings is $2.76 per share. Stifel Canada also issued estimates for Bird Construction's FY2026 earnings at $2.98 EPS, Q1 2027 earnings at $0.44 EPS, Q2 2027 earnings at $0.86 EPS, Q3 2027 earnings at $1.12 EPS and FY2027 earnings at $3.44 EPS.

Several other equities analysts have also recently issued reports on the company. National Bank Financial upgraded Bird Construction from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, September 3rd. TD Securities upped their price objective on Bird Construction from C$31.00 to C$32.00 and gave the stock a "buy" rating in a report on Friday, September 5th. ATB Capital upped their price objective on Bird Construction from C$30.00 to C$33.00 and gave the stock an "outperform" rating in a report on Friday, September 5th. CIBC dropped their price objective on Bird Construction from C$35.00 to C$33.00 in a report on Monday, August 18th. Finally, Stifel Nicolaus upped their price target on shares of Bird Construction from C$36.00 to C$41.00 and gave the stock a "buy" rating in a research note on Monday. Two analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. According to data from MarketBeat, Bird Construction has an average rating of "Buy" and a consensus target price of C$34.13.

Bird Construction Trading Down 1.8%

Shares of Bird Construction stock opened at C$30.67 on Wednesday. Bird Construction has a 52-week low of C$17.52 and a 52-week high of C$32.67. The company has a quick ratio of 1.20, a current ratio of 1.25 and a debt-to-equity ratio of 74.70. The company's 50-day simple moving average is C$27.12 and its 200-day simple moving average is C$25.92. The firm has a market cap of C$1.70 billion, a price-to-earnings ratio of 17.04, a price-to-earnings-growth ratio of 0.53 and a beta of 0.66.

Bird Construction Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, November 20th. Investors of record on Thursday, November 20th will be paid a $0.07 dividend. This represents a c) dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Friday, October 31st. Bird Construction's dividend payout ratio is presently 41.49%.

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.

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