FY2027 Earnings Estimate for TSE:BDT Issued By Stifel Canada

Key Points

• Stifel Canada estimates Bird Construction will achieve an EPS of $3.40 for FY2027, compared to the current consensus estimate of $2.76 per share.
• Bird Construction has been upgraded to a strong-buy rating by National Bank Financial, with several firms adjusting their target prices, including a new target of C$33.00 from ATB Capital.
• The company announced a monthly dividend of $0.07, which translates to an annual yield of 2.7%, with the ex-dividend date set for October 31st.

Bird Construction Inc. (TSE:BDT - Free Report) - Equities research analysts at Stifel Canada issued their FY2027 EPS estimates for Bird Construction in a research note issued on Sunday, October 5th. Stifel Canada analyst I. Gillies expects that the company will post earnings per share of $3.40 for the year. The consensus estimate for Bird Construction's current full-year earnings is $2.76 per share.

A number of other research firms also recently issued reports on BDT. National Bank Financial upgraded Bird Construction from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, September 3rd. TD Securities raised their target price on Bird Construction from C$31.00 to C$32.00 and gave the company a "buy" rating in a report on Friday, September 5th. ATB Capital upped their price target 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. Raymond James Financial lowered Bird Construction from a "strong-buy" rating to a "moderate buy" rating in a research report on Thursday, July 17th. Finally, CIBC cut their price objective on shares of Bird Construction from C$35.00 to C$33.00 in a report on Monday, August 18th. Two analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of C$34.13.

Bird Construction Trading Up 3.0%

TSE:BDT opened at C$31.22 on Tuesday. 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 one year low of C$17.52 and a one year high of C$32.67. The company has a market cap of C$1.73 billion, a PE ratio of 17.34, a PEG ratio of 0.53 and a beta of 0.66. The firm has a 50-day moving average of C$27.08 and a 200-day moving average of C$25.88.

Bird Construction Announces Dividend

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