Stifel Canada Brokers Boost Earnings Estimates for TSE:BDT

Bird Construction Inc. (TSE:BDT - Free Report) - Analysts at Stifel Canada lifted their Q2 2025 EPS estimates for Bird Construction in a research note issued to investors on Tuesday, July 15th. Stifel Canada analyst I. Gillies now anticipates that the company will post earnings per share of $0.50 for the quarter, up from their previous forecast of $0.46. The consensus estimate for Bird Construction's current full-year earnings is $2.76 per share.

Several other brokerages also recently commented on BDT. National Bankshares cut their price target 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, May 22nd. Raymond James Financial cut shares of Bird Construction from a "strong-buy" rating to a "moderate buy" rating in a research report on Thursday. Stifel Nicolaus decreased their price target on shares of Bird Construction from C$34.50 to C$34.00 and set a "buy" rating for the company in a report on Thursday, May 22nd. BMO Capital Markets increased their price objective on shares of Bird Construction from C$28.00 to C$30.00 in a research note on Thursday, May 22nd. Finally, TD Securities increased their price objective on shares of Bird Construction from C$26.00 to C$31.00 in a research note on Thursday, May 22nd. One investment analyst has rated the stock with a hold rating, three have given 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" and an average price target of C$32.44.

Bird Construction Price Performance

Shares of BDT traded down C$0.44 during trading hours on Friday, reaching C$29.52. 137,050 shares of the stock traded hands, compared to its average volume of 190,161. The company has a current ratio of 1.25, a quick ratio of 1.20 and a debt-to-equity ratio of 74.70. Bird Construction has a 52-week low of C$17.52 and a 52-week high of C$32.67. The company's 50-day moving average price is C$27.72 and its two-hundred day moving average price is C$24.24. The company has a market cap of C$1.65 billion, a P/E ratio of 17.88, a price-to-earnings-growth ratio of 0.53 and a beta of 1.05.

Bird Construction Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, August 20th. Shareholders of record on Wednesday, August 20th will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Thursday, July 31st. This represents a $0.84 dividend on an annualized basis and a yield of 2.85%. Bird Construction's dividend payout ratio (DPR) is 50.87%.

About Bird Construction

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.