North American Construction Group (NOA) Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for North American Construction Group in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" NOA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NOA, but not buy additional shares or sell existing shares.
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2 equities research analysts have issued 1 year price objectives for North American Construction Group's stock. Their NOA share price forecasts range from $22.00 to $27.00. On average, they anticipate the company's share price to reach $24.00 in the next year. This suggests a possible upside of 25.5% from the stock's current price.
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North American Construction Group's stock was trading at $13.37 at the beginning of the year. Since then, NOA shares have increased by 43.1% and is now trading at $19.13.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
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North American Construction Group Ltd. (NYSE:NOA) announced its quarterly earnings data on Tuesday, October, 26th. The oil and gas company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.12. The oil and gas company had revenue of $131.81 million for the quarter, compared to analysts' expectations of $129.20 million. North American Construction Group had a trailing twelve-month return on equity of 25.16% and a net margin of 9.01%. During the same quarter in the prior year, the firm posted $0.20 EPS.

North American Construction Group announced a quarterly dividend on Tuesday, April 25th. Shareholders of record on Friday, May 26th will be paid a dividend of $0.074 per share on Friday, July 7th. This represents a $0.30 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date of this dividend is Thursday, May 25th.
Read our dividend analysis for NOA.

North American Construction Group (NYSE:NOA) pays an annual dividend of $0.30 per share and currently has a dividend yield of 1.60%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 16.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NOA will have a dividend payout ratio of 15.38% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NOA.

North American Construction Group updated its FY 2023 earnings guidance on Thursday, April, 27th. The company provided EPS guidance of $1.77-$1.92 for the period, compared to the consensus EPS estimate of $1.76. The company issued revenue guidance of -.

Based on aggregate information from My MarketBeat watchlists, some companies that other North American Construction Group investors own include Micron Technology (MU), Coca-Cola (KO), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Broadcom (AVGO), Pfizer (PFE), Walt Disney (DIS), Intel (INTC), Johnson & Johnson (JNJ) and NVIDIA (NVDA).

North American Construction Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "NOA."

North American Construction Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include CLARET ASSET MANAGEMENT Corp (8.32%), Cannell Capital LLC (6.76%), Polar Asset Management Partners Inc. (5.65%), National Bank of Canada FI (4.05%), Mackenzie Financial Corp (3.97%) and Fiera Capital Corp (2.00%).
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Shares of NOA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NOA stock can currently be purchased for approximately $19.13.

North American Construction Group (NYSE:NOA) has a market capitalization of $505.41 million and generates $591.92 million in revenue each year. The oil and gas company earns $51.82 million in net income (profit) each year or $1.85 on an earnings per share basis.

The company employs 2,042 workers across the globe.

North American Construction Group's mailing address is 27287 100 AVENUE, ACHESON A0, T7X 6H8. The official website for the company is www.nacg.ca. The oil and gas company can be reached via phone at (780) 960-7171 or via fax at 780-960-7103.