National Bank Financial Predicts TSE:NOA Q2 Earnings

North American Construction Group Ltd. (TSE:NOA - Free Report) NYSE: NOA - Research analysts at National Bank Financial lowered their Q2 2025 EPS estimates for North American Construction Group in a report released on Monday, July 14th. National Bank Financial analyst M. Sytchev now expects that the company will earn $0.75 per share for the quarter, down from their prior forecast of $0.92. The consensus estimate for North American Construction Group's current full-year earnings is $4.06 per share. National Bank Financial also issued estimates for North American Construction Group's Q3 2025 earnings at $1.26 EPS.

Several other brokerages also recently weighed in on NOA. BMO Capital Markets reduced their target price on shares of North American Construction Group from C$34.00 to C$30.00 in a research note on Thursday, April 17th. CIBC reduced their target price on shares of North American Construction Group from C$37.00 to C$36.00 in a research note on Thursday, May 22nd. Canaccord Genuity Group downgraded shares of North American Construction Group from a "strong-buy" rating to a "hold" rating and reduced their target price for the company from C$33.00 to C$24.50 in a research note on Friday, July 11th. TD Securities reduced their target price on shares of North American Construction Group from C$33.00 to C$27.00 and set a "buy" rating on the stock in a research note on Wednesday, April 16th. Finally, Raymond James Financial downgraded shares of North American Construction Group from a "strong-buy" rating to an "outperform" rating and set a C$40.00 target price on the stock. in a research note on Tuesday, April 22nd. One research analyst has rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average target price of C$34.17.

North American Construction Group Price Performance

North American Construction Group stock traded up C$0.06 during mid-day trading on Thursday, reaching C$20.96. 94,945 shares of the company's stock traded hands, compared to its average volume of 83,431. North American Construction Group has a 12-month low of C$18.83 and a 12-month high of C$31.67. The company has a market cap of C$561.04 million, a price-to-earnings ratio of 9.85, a PEG ratio of 0.79 and a beta of 1.59. 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 stock has a 50 day moving average of C$23.18 and a two-hundred day moving average of C$24.25.

Insider Transactions at North American Construction Group

In other North American Construction Group news, Director Martin Robert Ferron sold 10,000 shares of the stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of C$24.74, for a total transaction of C$247,400.00. 8.93% of the stock is currently owned by insiders.

North American Construction Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 11th. Shareholders of record on Friday, July 11th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 2.29%. The ex-dividend date was Wednesday, June 4th. North American Construction Group's payout ratio is 18.81%.

About North American Construction Group

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.