Stifel Canada Brokers Raise Earnings Estimates for TSE:BDT

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

Several other equities analysts also recently commented on the company. Raymond James Financial downgraded Bird Construction from a "strong-buy" rating to a "moderate buy" rating in a research report on Thursday. BMO Capital Markets raised their price target on shares of Bird Construction from C$28.00 to C$30.00 in a report on Thursday, May 22nd. National Bankshares reduced their price objective on Bird Construction from C$30.00 to C$28.00 and set a "sector perform" rating for the company in a research note on Thursday, May 22nd. Stifel Nicolaus dropped their price objective on shares of Bird Construction from C$34.50 to C$34.00 and set a "buy" rating on the stock in a research note on Thursday, May 22nd. Finally, TD Securities upped their target price on shares of Bird Construction from C$26.00 to C$31.00 in a report 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's stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of C$32.44.

Bird Construction Trading Up 0.6%

Bird Construction stock traded up C$0.18 during mid-day trading on Friday, hitting C$29.70. 157,782 shares of the company's stock were exchanged, compared to its average volume of 189,928. The firm has a market capitalization of C$1.66 billion, a P/E ratio of 17.98, a PEG 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 company has a quick ratio of 1.20, a current ratio of 1.25 and a debt-to-equity ratio of 74.70. The company's 50 day simple moving average is C$27.72 and its 200-day simple moving average is C$24.21.

Bird Construction Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, August 20th. Stockholders of record on Wednesday, August 20th will be given a dividend of $0.07 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.83%. The ex-dividend date is Thursday, July 31st. Bird Construction's payout ratio is currently 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.