North American Construction Group - NOA Stock Forecast, Price & News

3 Wall Street equities 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 and 1 buy rating for the stock. The consensus among Wall Street equities 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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3 brokers have issued 1 year target prices for North American Construction Group's stock. Their NOA share price forecasts range from $20.00 to $25.00. On average, they expect the company's share price to reach $21.83 in the next twelve months. This suggests a possible upside of 62.8% from the stock's current price.
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North American Construction Group's stock was trading at $15.10 at the beginning of 2022. Since then, NOA shares have decreased by 11.2% and is now trading at $13.41.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
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North American Construction Group Ltd. (NYSE:NOA) released its quarterly earnings results on Tuesday, October, 26th. The oil and gas company reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.38 by $0.12. The oil and gas company earned $131.81 million during the quarter, compared to analyst estimates of $129.20 million. North American Construction Group had a trailing twelve-month return on equity of 18.98% and a net margin of 7.88%. During the same quarter in the previous year, the business posted $0.20 earnings per share.

North American Construction Group announced a quarterly dividend on Wednesday, October 26th. Investors of record on Wednesday, November 30th will be paid a dividend of $0.058 per share on Friday, January 6th. This represents a $0.23 annualized dividend and a yield of 1.73%. The ex-dividend date is Tuesday, November 29th.
Read our dividend analysis for NOA.

North American Construction Group (NYSE:NOA) pays an annual dividend of $0.25 per share and currently has a dividend yield of 1.87%. The dividend payout ratio is 17.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NOA will have a dividend payout ratio of 15.82% 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 issued an update on its FY 2022 earnings guidance on Wednesday, November, 2nd. The company provided earnings per share (EPS) guidance of $1.46-$1.61 for the period, compared to the consensus earnings per share estimate of $1.31. 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 institutional and retail investors. Top institutional shareholders include Polar Asset Management Partners Inc. (7.42%), Mackenzie Financial Corp (3.65%), Bank of Montreal Can (3.64%), Fiera Capital Corp (2.04%), Renaissance Technologies LLC (2.02%) and National Bank of Canada FI (1.70%).
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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 $13.41.

North American Construction Group (NYSE:NOA) has a market capitalization of $381.38 million and generates $521.90 million in revenue each year. The oil and gas company earns $41.02 million in net income (profit) each year or $1.42 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.