Stantec - STN Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Stantec in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" STN shares.
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3 brokerages have issued 12-month price targets for Stantec's stock. Their STN share price forecasts range from $71.00 to $80.00. On average, they anticipate the company's share price to reach $76.29 in the next year. This suggests a possible upside of 38.6% from the stock's current price.
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Stantec's stock was trading at $47.94 at the beginning of the year. Since then, STN shares have increased by 14.9% and is now trading at $55.06.
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Stantec saw a drop in short interest during the month of February. As of February 28th, there was short interest totaling 383,400 shares, a drop of 24.2% from the February 13th total of 505,600 shares. Based on an average daily trading volume, of 59,500 shares, the days-to-cover ratio is presently 6.4 days. Currently, 0.4% of the shares of the stock are short sold.
View Stantec's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 10th 2023.
View our STN earnings forecast.

Stantec Inc. (NYSE:STN) announced its quarterly earnings results on Tuesday, November, 18th. The business services provider reported $0.94 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.97 by $0.03. Stantec had a trailing twelve-month return on equity of 16.19% and a net margin of 4.34%.

Stantec announced a quarterly dividend on Wednesday, February 22nd. Stockholders of record on Friday, March 31st will be paid a dividend of $0.147 per share on Monday, April 17th. This represents a $0.59 annualized dividend and a dividend yield of 1.07%. The ex-dividend date of this dividend is Thursday, March 30th. This is a boost from the stock's previous quarterly dividend of $0.13.
Read our dividend analysis for STN.

Stantec (NYSE:STN) pays an annual dividend of $0.54 per share and currently has a dividend yield of 0.95%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 31.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, STN will have a dividend payout ratio of 18.69% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for STN.

Stantec shares split on Monday, November 17th 2014. The 2-1 split was announced on Thursday, September 4th 2014. The newly created shares were distributed to shareholders after the market closes on Friday, November 14th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Stantec issued an update on its FY 2023 earnings guidance on Wednesday, February, 22nd. The company provided earnings per share guidance of $2.54-$2.63 for the period, compared to the consensus earnings per share estimate of $2.54. The company issued revenue guidance of $3.55 billion-$3.68 billion, compared to the consensus revenue estimate of $3.53 billion.

229 employees have rated Stantec Chief Executive Officer Gord Johnston on Glassdoor.com. Gord Johnston has an approval rating of 78% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Stantec investors own include TELUS (TU), PPL (PPL), Verizon Communications (VZ), AbbVie (ABBV), Energy Transfer (ET), JPMorgan Chase & Co. (JPM), Welltower (WELL), Abbott Laboratories (ABT), Carnival Co. & (CCL) and Dominion Energy (D).

Stantec trades on the New York Stock Exchange (NYSE) under the ticker symbol "STN."

Stantec's stock is owned by a variety of institutional and retail investors. Top institutional investors include Mackenzie Financial Corp (12.16%), Jarislowsky Fraser Ltd (8.45%), Bank of Montreal Can (2.56%), Fiera Capital Corp (1.90%), Amundi (1.42%) and The Manufacturers Life Insurance Company (1.31%).

Shares of STN 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 STN stock can currently be purchased for approximately $55.06.

Stantec (NYSE:STN) has a market capitalization of $6.11 billion and generates $4.18 billion in revenue each year. The business services provider earns $189.99 million in net income (profit) each year or $1.71 on an earnings per share basis.

The company employs 26,000 workers across the globe.

Stantec's mailing address is 10220 103 AVENUE, EDMONTON A0, T5J 0K4. The official website for the company is www.stantec.com. The business services provider can be reached via phone at (780) 917-7000, via email at investor.relations@stantec.com, or via fax at 780-917-7330.