North American Construction Group Ltd. (NYSE:NOA - Free Report) TSE: NOA - National Bank Financial upped their Q4 2025 EPS estimates for shares of North American Construction Group in a research note issued to investors on Monday, July 14th. National Bank Financial analyst M. Sytchev now expects that the oil and gas company will post earnings per share of $0.70 for the quarter, up from their previous estimate of $0.60. The consensus estimate for North American Construction Group's current full-year earnings is $2.56 per share.
A number of other brokerages also recently issued reports on NOA. Canaccord Genuity Group downgraded shares of North American Construction Group from a "buy" rating to a "hold" rating in a research report on Friday, July 11th. Wall Street Zen raised shares of North American Construction Group from a "sell" rating to a "hold" rating in a research report on Wednesday, May 21st. Finally, Raymond James Financial lowered shares of North American Construction Group from a "strong-buy" rating to a "moderate buy" rating in a research note on Tuesday, April 22nd. Two investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy".
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North American Construction Group Trading Up 0.4%
Shares of NOA stock traded up $0.07 during mid-day trading on Wednesday, hitting $15.29. The company's stock had a trading volume of 90,483 shares, compared to its average volume of 68,821. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.74 and a current ratio of 0.92. The company's fifty day simple moving average is $16.88 and its 200-day simple moving average is $17.27. The company has a market cap of $461.85 million, a PE ratio of 15.14 and a beta of 1.24. North American Construction Group has a 52 week low of $13.19 and a 52 week high of $22.08.
North American Construction Group Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, July 11th. Shareholders of record on Wednesday, June 4th were paid a dividend of $0.086 per share. This represents a $0.34 annualized dividend and a yield of 2.25%. This is an increase from North American Construction Group's previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Wednesday, June 4th. North American Construction Group's dividend payout ratio (DPR) is currently 34.65%.
Institutional Investors Weigh In On North American Construction Group
A number of hedge funds have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio grew its position in shares of North American Construction Group by 16.7% during the second quarter. Public Employees Retirement System of Ohio now owns 10,307 shares of the oil and gas company's stock valued at $165,000 after purchasing an additional 1,474 shares in the last quarter. Russell Investments Group Ltd. boosted its position in shares of North American Construction Group by 284.3% during the fourth quarter. Russell Investments Group Ltd. now owns 7,954 shares of the oil and gas company's stock valued at $171,000 after buying an additional 5,884 shares during the period. Tranquility Partners LLC grew its position in North American Construction Group by 4.4% in the 1st quarter. Tranquility Partners LLC now owns 15,584 shares of the oil and gas company's stock valued at $246,000 after acquiring an additional 658 shares during the last quarter. Proficio Capital Partners LLC purchased a new position in North American Construction Group in the 4th quarter worth about $269,000. Finally, D. E. Shaw & Co. Inc. bought a new stake in shares of North American Construction Group during the fourth quarter valued at approximately $295,000. 74.99% of the stock is currently owned by hedge funds and other institutional investors.
About North American Construction Group
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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.
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