Raymond James Financial Comments on Aecon Group Q3 Earnings

Key Points

• Raymond James Financial has reduced its Q3 2025 earnings estimate for Aecon Group from $0.59 to $0.46 per share, indicating a downward trend in earnings expectations.
• Aecon Group's current full-year earnings consensus estimate is $1.38 per share, while several analysts have increased their target prices, with National Bank Financial raising theirs to C$26.00.
• The company recently announced a quarterly dividend of $0.19, resulting in an annualized yield of 3.1%, despite having a high dividend payout ratio of 180.95%.

Aecon Group Inc. (TSE:ARE - Free Report) - Analysts at Raymond James Financial reduced their Q3 2025 earnings estimates for shares of Aecon Group in a research note issued to investors on Tuesday, October 21st. Raymond James Financial analyst F. Bastien now forecasts that the company will earn $0.46 per share for the quarter, down from their prior estimate of $0.59. The consensus estimate for Aecon Group's current full-year earnings is $1.38 per share.

A number of other equities analysts also recently commented on the stock. BMO Capital Markets increased their price objective on shares of Aecon Group from C$19.00 to C$22.00 in a research note on Tuesday, July 22nd. Stifel Nicolaus upped their target price on shares of Aecon Group from C$19.00 to C$24.00 and gave the company a "hold" rating in a report on Monday, October 6th. National Bank Financial raised shares of Aecon Group from a "hold" rating to a "strong-buy" rating in a report on Friday, August 1st. National Bankshares upped their target price on shares of Aecon Group from C$23.00 to C$26.00 and gave the company an "outperform" rating in a report on Wednesday, September 24th. Finally, Canaccord Genuity Group upped their target price on shares of Aecon Group from C$25.00 to C$29.00 in a report on Monday, October 6th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of C$24.91.

Aecon Group Trading Down 0.5%

Aecon Group stock opened at C$24.66 on Thursday. The firm has a 50-day moving average of C$22.66 and a 200-day moving average of C$20.17. Aecon Group has a one year low of C$15.21 and a one year high of C$29.70. The company has a debt-to-equity ratio of 32.84, a current ratio of 1.19 and a quick ratio of 1.27. The company has a market cap of C$1.57 billion, a price-to-earnings ratio of 58.71, a P/E/G ratio of 18.18 and a beta of 1.48.

Aecon Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, October 2nd were issued a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Monday, September 22nd. Aecon Group's dividend payout ratio is currently 180.95%.

Aecon Group Company Profile

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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