Raymond James Issues Negative Estimate for TSE:NOA Earnings

North American Construction Group Ltd. (TSE:NOA - Free Report) NYSE: NOA - Stock analysts at Raymond James lowered their Q1 2025 earnings estimates for North American Construction Group in a report issued on Tuesday, April 22nd. Raymond James analyst F. Bastien now anticipates that the company will earn $0.57 per share for the quarter, down from their prior forecast of $0.73. Raymond James currently has a "Outperform" rating and a $40.00 price objective on the stock. The consensus estimate for North American Construction Group's current full-year earnings is $4.06 per share. Raymond James also issued estimates for North American Construction Group's Q3 2025 earnings at $1.42 EPS, Q1 2026 earnings at $0.76 EPS, Q2 2026 earnings at $0.68 EPS, Q3 2026 earnings at $1.48 EPS and Q4 2026 earnings at $1.17 EPS.

NOA has been the topic of several other research reports. Ventum Financial decreased their target price on North American Construction Group from C$45.00 to C$42.00 and set a "buy" rating on the stock in a research note on Friday, March 21st. TD Securities cut their target price on shares of North American Construction Group from C$33.00 to C$27.00 and set a "buy" rating for the company in a research note on Wednesday, April 16th. BMO Capital Markets decreased their price target on shares of North American Construction Group from C$34.00 to C$30.00 in a research note on Thursday, April 17th. CIBC dropped their price objective on shares of North American Construction Group from C$38.00 to C$37.00 in a report on Thursday, April 10th. Finally, National Bankshares reduced their target price on North American Construction Group from C$44.00 to C$41.00 and set an "outperform" rating on the stock in a report on Friday, March 21st. Seven analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of C$36.00.

North American Construction Group Price Performance

NOA stock traded down C$0.12 during trading on Wednesday, reaching C$21.21. The company's stock had a trading volume of 14,540 shares, compared to its average volume of 88,005. The company has a quick ratio of 0.79, a current ratio of 1.13 and a debt-to-equity ratio of 212.25. The company's fifty day moving average is C$22.85 and its 200-day moving average is C$26.26. The company has a market capitalization of C$567.73 million, a P/E ratio of 9.97, a price-to-earnings-growth ratio of 0.79 and a beta of 1.59. North American Construction Group has a 1 year low of C$18.83 and a 1 year high of C$31.67.

North American Construction Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Wednesday, April 9th were issued a dividend of $0.12 per share. The ex-dividend date was Thursday, March 13th. This represents a $0.48 annualized dividend and a yield of 2.26%. North American Construction Group's payout ratio is presently 18.81%.

Insider Activity at North American Construction Group

In related news, Director Martin Robert Ferron bought 4,000 shares of the stock in a transaction dated Thursday, March 27th. The stock was purchased at an average cost of C$23.21 per share, with a total value of C$92,835.60. In the last 90 days, insiders have purchased 18,000 shares of company stock worth $408,772. Company insiders own 8.93% of the company's stock.

North American Construction Group Company Profile

North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. The company operates Heavy Equipment - Canada, Heavy Equipment - Australia, and Other segments.