Stifel Canada Brokers Cut Earnings Estimates for Aecon Group

Aecon Group Inc. (TSE:ARE - Free Report) - Stifel Canada dropped their Q1 2026 earnings per share (EPS) estimates for shares of Aecon Group in a note issued to investors on Thursday, April 24th. Stifel Canada analyst I. Gillies now expects that the company will post earnings per share of $0.01 for the quarter, down from their prior forecast of $0.05. Stifel Canada currently has a "Strong-Buy" rating on the stock. The consensus estimate for Aecon Group's current full-year earnings is $1.38 per share. Stifel Canada also issued estimates for Aecon Group's Q4 2026 earnings at $0.48 EPS and FY2026 earnings at $1.39 EPS.

Several other research firms have also commented on ARE. Royal Bank of Canada reduced their price target on Aecon Group from C$18.00 to C$17.00 in a report on Friday, April 25th. National Bank Financial upgraded shares of Aecon Group from a "hold" rating to a "strong-buy" rating in a research note on Sunday, March 9th. CIBC lowered their price objective on shares of Aecon Group from C$31.00 to C$24.00 in a research report on Friday, April 25th. National Bankshares raised shares of Aecon Group from a "sector perform" rating to an "outperform" rating in a report on Monday, March 10th. Finally, Stifel Nicolaus lowered their target price on shares of Aecon Group from C$16.00 to C$14.00 in a report on Friday, April 25th. Two research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Aecon Group has a consensus rating of "Buy" and a consensus target price of C$22.90.

Aecon Group Price Performance

ARE stock traded up C$0.84 during midday trading on Monday, reaching C$16.98. The stock had a trading volume of 237,133 shares, compared to its average volume of 480,958. The company's fifty day simple moving average is C$18.08 and its 200 day simple moving average is C$23.18. The company has a current ratio of 1.19, a quick ratio of 1.27 and a debt-to-equity ratio of 32.84. The company has a market cap of C$1.07 billion, a price-to-earnings ratio of -16.70, a price-to-earnings-growth ratio of 18.18 and a beta of 1.13. Aecon Group has a 52-week low of C$13.03 and a 52-week high of C$29.70.

Aecon Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Wednesday, April 2nd were given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 4.48%. The ex-dividend date of this dividend was Friday, March 21st. Aecon Group's dividend payout ratio (DPR) is -74.76%.

Insiders Place Their Bets

In other news, Director Stuart Lee bought 5,700 shares of Aecon Group stock in a transaction that occurred on Monday, March 10th. The shares were purchased at an average price of C$18.35 per share, for a total transaction of C$104,595.00. 0.82% of the stock is currently owned by insiders.

About Aecon Group

Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects, mainly in the transportation sector. Its concessions segment is engaged in the development, financing, construction, and operation of infrastructure projects.