Aecon Group Inc. (TSE:ARE - Free Report) - Analysts at Atb Cap Markets lowered their Q3 2026 earnings estimates for shares of Aecon Group in a report released on Thursday, April 24th. Atb Cap Markets analyst C. Murray now forecasts that the company will post earnings per share of $1.14 for the quarter, down from their prior forecast of $1.22. The consensus estimate for Aecon Group's current full-year earnings is $1.38 per share.
Other analysts have also issued research reports about the stock. BMO Capital Markets dropped their price objective on shares of Aecon Group from C$20.00 to C$19.00 in a research note on Friday, April 25th. CIBC lowered their price objective on Aecon Group from C$31.00 to C$24.00 in a research note on Friday, April 25th. Stifel Canada raised Aecon Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, April 17th. Stifel Nicolaus decreased their price target on shares of Aecon Group from C$16.00 to C$14.00 in a research report on Friday, April 25th. Finally, Raymond James cut their price target on shares of Aecon Group from C$23.00 to C$21.00 in a report on Monday. Two investment analysts have rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of C$22.90.
Get Our Latest Stock Analysis on ARE
Aecon Group Stock Up 0.4 %
TSE ARE traded up C$0.06 during trading hours on Monday, hitting C$17.06. The company had a trading volume of 60,972 shares, compared to its average volume of 481,929. The firm's 50 day moving average is C$17.95 and its 200 day moving average is C$23.14. The company has a debt-to-equity ratio of 32.84, a current ratio of 1.19 and a quick ratio of 1.27. Aecon Group has a fifty-two week low of C$13.03 and a fifty-two week high of C$29.70. The company has a market capitalization of C$1.08 billion, a price-to-earnings ratio of -16.78, a P/E/G ratio of 18.18 and a beta of 1.13.
Aecon Group Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Wednesday, April 2nd were issued a dividend of $0.19 per share. The ex-dividend date was Friday, March 21st. This represents a $0.76 annualized dividend and a yield of 4.45%. Aecon Group's dividend payout ratio (DPR) is currently -74.76%.
Insiders Place Their Bets
In other Aecon Group news, Director Stuart Lee bought 5,700 shares of the stock in a transaction on Monday, March 10th. The shares were purchased at an average price of C$18.35 per share, with a total value of C$104,595.00. Insiders own 0.82% of the company's stock.
About Aecon Group
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Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects, mainly in the transportation sector. Its concessions segment is engaged in the development, financing, construction, and operation of infrastructure projects.
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