Stantec (NYSE:STN) Issues 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 issued an update on its FY 2025 earnings guidance on Wednesday morning. 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.

Wall Street Analysts Forecast Growth

STN has been the topic of a number of recent research reports. Wall Street Zen downgraded Stantec from a "strong-buy" rating to a "buy" rating in a research note on Saturday. CIBC reaffirmed an "outperform" rating on shares of Stantec in a report on Friday, July 18th. TD Securities restated a "buy" rating on shares of Stantec in a research report on Friday, May 16th. Royal Bank Of Canada reiterated an "outperform" rating on shares of Stantec in a research report on Friday, May 16th. Finally, Scotiabank reissued an "outperform" rating on shares of Stantec in a research note on Wednesday, May 7th. Eight research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has a consensus rating of "Buy".

Stantec Price Performance

Shares of STN stock traded down $0.10 during trading hours on Monday, hitting $106.13. 126,239 shares of the company's stock were exchanged, compared to its average volume of 211,570. Stantec has a fifty-two week low of $73.18 and a fifty-two week high of $113.50. The firm has a market cap of $12.11 billion, a P/E ratio of 38.73 and a beta of 1.03. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.44. The firm has a 50 day moving average of $108.94 and a two-hundred day moving average of $94.96.

Stantec (NYSE:STN - Get Free Report) TSE: STN last posted its quarterly earnings data on Wednesday, August 13th. The business services provider reported $0.98 earnings per share for the quarter, hitting analysts' consensus estimates of $0.98. The company had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.64 billion. Stantec had a net margin of 5.62% and a return on equity of 19.03%. Sell-side analysts forecast that Stantec will post 3.05 EPS for the current year.

Stantec Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Monday, September 29th will be paid a $0.1635 dividend. The ex-dividend date of this dividend is Monday, September 29th. This represents a $0.65 dividend on an annualized basis and a yield of 0.6%. This is a boost from Stantec's previous quarterly dividend of $0.16. Stantec's dividend payout ratio is 24.09%.

Institutional Investors Weigh In On Stantec

Several institutional investors have recently bought and sold shares of the company. Cubist Systematic Strategies LLC raised its holdings in shares of Stantec by 9.6% during the second quarter. Cubist Systematic Strategies LLC now owns 43,272 shares of the business services provider's stock valued at $4,703,000 after acquiring an additional 3,784 shares during the last quarter. Jane Street Group LLC raised its stake in Stantec by 47.7% in the 2nd quarter. Jane Street Group LLC now owns 32,582 shares of the business services provider's stock valued at $3,541,000 after purchasing an additional 10,516 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in Stantec by 39.2% in the 2nd quarter. BNP Paribas Financial Markets now owns 29,076 shares of the business services provider's stock valued at $3,160,000 after purchasing an additional 8,186 shares in the last quarter. Quantinno Capital Management LP boosted its stake in Stantec by 23.5% during the 2nd quarter. Quantinno Capital Management LP now owns 21,231 shares of the business services provider's stock worth $2,307,000 after purchasing an additional 4,041 shares during the last quarter. Finally, Vident Advisory LLC grew its holdings in shares of Stantec by 16.9% during the second quarter. Vident Advisory LLC now owns 4,769 shares of the business services provider's stock worth $518,000 after buying an additional 688 shares in the last quarter. 63.86% of the stock is currently owned by institutional investors and hedge funds.

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.