Stantec (NYSE:STN) Releases FY 2025 Earnings Guidance

Key Points

• Stantec has updated its FY 2025 earnings guidance, projecting earnings per share between $3.784 and $3.880 and a revenue estimate of $4.7 billion.
• The company recently increased its quarterly dividend to $0.1612 per share, reflecting an annualized amount of $0.64 and a yield of 0.6%.
• Stantec's stock has experienced a slight decline, trading down 0.6% to $108.48, amid positive ratings from multiple analysts including a recent upgrade to "strong-buy."

Stantec (NYSE:STN - Get Free Report) TSE: STN updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 3.784-3.880 for the period. The company issued revenue guidance of $4.7 billion-$4.7 billion.

Stantec Stock Down 0.6%

Stantec stock traded down $0.70 during mid-day trading on Wednesday, reaching $108.48. The stock had a trading volume of 277,722 shares, compared to its average volume of 170,683. The firm has a market capitalization of $12.37 billion, a PE ratio of 44.83 and a beta of 1.03. Stantec has a fifty-two week low of $73.18 and a fifty-two week high of $113.50. The stock's 50-day simple moving average is $108.83 and its 200-day simple moving average is $94.07. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.38 and a current ratio of 1.38.

Stantec (NYSE:STN - Get Free Report) TSE: STN last posted its quarterly earnings results on Wednesday, May 14th. The business services provider reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.02. Stantec had a net margin of 5.01% and a return on equity of 18.22%. The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.54 billion. On average, sell-side analysts forecast that Stantec will post 3.05 EPS for the current fiscal year.

Stantec Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were issued a dividend of $0.1612 per share. This represents a $0.64 annualized dividend and a yield of 0.6%. This is a boost from Stantec's previous quarterly dividend of $0.16. The ex-dividend date was Monday, June 30th. Stantec's dividend payout ratio is presently 27.27%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on STN shares. Wall Street Zen raised Stantec from a "buy" rating to a "strong-buy" rating in a report on Friday, July 18th. CIBC reaffirmed an "outperform" rating on shares of Stantec in a research report on Friday, July 18th. TD Securities reiterated a "buy" rating on shares of Stantec in a research note on Friday, May 16th. Scotiabank reissued an "outperform" rating on shares of Stantec in a report on Wednesday, May 7th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Stantec in a report on Friday, May 16th. Seven investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Buy".

Hedge Funds Weigh In On Stantec

Several hedge funds have recently made changes to their positions in the stock. Jones Financial Companies Lllp grew its position in shares of Stantec by 1,504.9% during the 1st quarter. Jones Financial Companies Lllp now owns 1,958 shares of the business services provider's stock valued at $162,000 after purchasing an additional 1,836 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Stantec by 15.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 164,426 shares of the business services provider's stock valued at $13,621,000 after acquiring an additional 22,524 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of Stantec by 73.2% during the first quarter. Jane Street Group LLC now owns 22,066 shares of the business services provider's stock worth $1,828,000 after purchasing an additional 9,325 shares in the last quarter. Finally, Cetera Investment Advisers bought a new position in shares of Stantec in the second quarter worth approximately $361,000. 63.86% of the stock is currently owned by hedge funds and other institutional investors.

About Stantec

Stantec Inc provides professional services in the areas of infrastructure and facilities to the public and private sectors in Canada, the United States, and internationally. It offers evaluation, planning, and designing infrastructure solutions; solutions for sustainable water resources, planning, management, and infrastructure; environmental services; integrated architecture, engineering, interior design, and planning solutions for buildings; and energy and resources solutions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.