Raymond James Cuts Earnings Estimates for Bird Construction

Bird Construction Inc. (TSE:BDT - Free Report) - Stock analysts at Raymond James cut their Q2 2025 EPS estimates for Bird Construction in a report released on Thursday, May 15th. Raymond James analyst F. Bastien now anticipates that the company will earn $0.52 per share for the quarter, down from their previous estimate of $0.56. Raymond James currently has a "Strong-Buy" rating and a $35.00 target price on the stock. The consensus estimate for Bird Construction's current full-year earnings is $2.76 per share. Raymond James also issued estimates for Bird Construction's FY2027 earnings at $4.00 EPS.

A number of other brokerages have also weighed in on BDT. BMO Capital Markets upped their target price on Bird Construction from C$28.00 to C$30.00 in a research report on Thursday. CIBC upped their target price on shares of Bird Construction from C$31.00 to C$31.50 in a report on Thursday. National Bankshares lowered their target price on shares of Bird Construction from C$30.00 to C$28.00 and set a "sector perform" rating on the stock in a report on Thursday. Canaccord Genuity Group lowered their target price on shares of Bird Construction from C$36.00 to C$35.00 and set a "buy" rating on the stock in a report on Friday, March 14th. Finally, Stifel Nicolaus lowered their price objective on Bird Construction from C$34.50 to C$34.00 and set a "buy" rating for the company in a research note on Thursday. Two research analysts have rated the stock with a hold rating, five have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of C$32.44.

Bird Construction Stock Down 2.0%

BDT stock traded down C$0.53 during trading on Monday, reaching C$26.03. 178,073 shares of the stock were exchanged, compared to its average volume of 214,116. The firm's 50 day moving average is C$22.22 and its 200 day moving average is C$24.31. Bird Construction has a twelve month low of C$17.52 and a twelve month high of C$32.67. The company has a current ratio of 1.25, a quick ratio of 1.20 and a debt-to-equity ratio of 74.70. The firm has a market cap of C$1.46 billion, a P/E ratio of 15.76, a price-to-earnings-growth ratio of 0.53 and a beta of 1.05.

Bird Construction Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, May 20th. Shareholders of record on Tuesday, May 20th were paid a $0.07 dividend. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $0.84 annualized dividend and a yield of 3.23%. Bird Construction's dividend payout ratio (DPR) is 50.87%.

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.