Raymond James Expects Lower Earnings for Bird Construction

Bird Construction Inc. (TSE:BDT - Free Report) - Raymond James cut their Q1 2025 earnings estimates for Bird Construction in a research report issued on Tuesday, April 22nd. Raymond James analyst F. Bastien now forecasts that the company will post earnings of $0.21 per share for the quarter, down from their prior forecast of $0.22. Raymond James has a "Strong-Buy" rating and a $35.00 price objective 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 Q3 2025 earnings at $0.98 EPS, Q4 2025 earnings at $0.95 EPS, FY2025 earnings at $2.70 EPS, Q1 2026 earnings at $0.42 EPS, Q2 2026 earnings at $0.76 EPS and Q4 2026 earnings at $1.08 EPS.

Several other analysts also recently issued reports on BDT. National Bankshares decreased their price target on Bird Construction from C$32.00 to C$30.00 and set a "sector perform" rating for the company in a research note on Friday, March 14th. Stifel Nicolaus lowered their price target on Bird Construction from C$37.00 to C$34.50 and set a "buy" rating on the stock in a report on Thursday, April 17th. Canaccord Genuity Group reduced their price objective on shares of Bird Construction from C$36.00 to C$35.00 and set a "buy" rating for the company in a research note on Friday, March 14th. BMO Capital Markets lowered their target price on shares of Bird Construction from C$30.00 to C$28.00 in a research note on Thursday, April 17th. Finally, TD Securities cut their target price on shares of Bird Construction from C$36.00 to C$33.00 and set a "buy" rating for the company in a research report on Tuesday, March 18th. Two equities research analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of C$31.61.

Bird Construction Stock Up 1.1 %

Shares of BDT stock traded up C$0.22 on Wednesday, hitting C$20.90. The company's stock had a trading volume of 85,350 shares, compared to its average volume of 207,338. The company has a debt-to-equity ratio of 74.70, a current ratio of 1.25 and a quick ratio of 1.20. The stock has a market capitalization of C$1.17 billion, a price-to-earnings ratio of 12.66, a P/E/G ratio of 0.53 and a beta of 1.05. Bird Construction has a fifty-two week low of C$17.52 and a fifty-two week high of C$32.67. The firm's fifty day moving average price is C$21.06 and its 200-day moving average price is C$25.11.

Bird Construction Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, May 20th. Investors of record on Tuesday, May 20th will be given a $0.07 dividend. This represents a $0.84 annualized dividend and a yield of 4.02%. The ex-dividend date of this dividend is Wednesday, April 30th. Bird Construction's dividend payout ratio (DPR) is presently 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.