S&P 500   4,553.86 (-0.89%)
DOW   36,105.77 (-0.39%)
QQQ   383.02 (-1.77%)
AAPL   187.62 (-1.89%)
MSFT   364.57 (-2.65%)
META   315.23 (-2.95%)
GOOGL   128.06 (-2.88%)
AMZN   143.57 (-2.35%)
TSLA   234.75 (-1.71%)
NVDA   451.46 (-3.46%)
NIO   7.25 (+1.40%)
BABA   73.03 (-1.30%)
AMD   116.67 (-3.89%)
T   16.63 (-0.78%)
F   10.74 (+1.51%)
MU   73.62 (-3.04%)
CGC   0.67 (+8.64%)
GE   121.28 (-1.00%)
DIS   91.82 (-0.82%)
AMC   6.90 (+0.58%)
PFE   29.49 (+2.01%)
PYPL   59.39 (-0.44%)
XOM   102.68 (-0.30%)
S&P 500   4,553.86 (-0.89%)
DOW   36,105.77 (-0.39%)
QQQ   383.02 (-1.77%)
AAPL   187.62 (-1.89%)
MSFT   364.57 (-2.65%)
META   315.23 (-2.95%)
GOOGL   128.06 (-2.88%)
AMZN   143.57 (-2.35%)
TSLA   234.75 (-1.71%)
NVDA   451.46 (-3.46%)
NIO   7.25 (+1.40%)
BABA   73.03 (-1.30%)
AMD   116.67 (-3.89%)
T   16.63 (-0.78%)
F   10.74 (+1.51%)
MU   73.62 (-3.04%)
CGC   0.67 (+8.64%)
GE   121.28 (-1.00%)
DIS   91.82 (-0.82%)
AMC   6.90 (+0.58%)
PFE   29.49 (+2.01%)
PYPL   59.39 (-0.44%)
XOM   102.68 (-0.30%)
S&P 500   4,553.86 (-0.89%)
DOW   36,105.77 (-0.39%)
QQQ   383.02 (-1.77%)
AAPL   187.62 (-1.89%)
MSFT   364.57 (-2.65%)
META   315.23 (-2.95%)
GOOGL   128.06 (-2.88%)
AMZN   143.57 (-2.35%)
TSLA   234.75 (-1.71%)
NVDA   451.46 (-3.46%)
NIO   7.25 (+1.40%)
BABA   73.03 (-1.30%)
AMD   116.67 (-3.89%)
T   16.63 (-0.78%)
F   10.74 (+1.51%)
MU   73.62 (-3.04%)
CGC   0.67 (+8.64%)
GE   121.28 (-1.00%)
DIS   91.82 (-0.82%)
AMC   6.90 (+0.58%)
PFE   29.49 (+2.01%)
PYPL   59.39 (-0.44%)
XOM   102.68 (-0.30%)
S&P 500   4,553.86 (-0.89%)
DOW   36,105.77 (-0.39%)
QQQ   383.02 (-1.77%)
AAPL   187.62 (-1.89%)
MSFT   364.57 (-2.65%)
META   315.23 (-2.95%)
GOOGL   128.06 (-2.88%)
AMZN   143.57 (-2.35%)
TSLA   234.75 (-1.71%)
NVDA   451.46 (-3.46%)
NIO   7.25 (+1.40%)
BABA   73.03 (-1.30%)
AMD   116.67 (-3.89%)
T   16.63 (-0.78%)
F   10.74 (+1.51%)
MU   73.62 (-3.04%)
CGC   0.67 (+8.64%)
GE   121.28 (-1.00%)
DIS   91.82 (-0.82%)
AMC   6.90 (+0.58%)
PFE   29.49 (+2.01%)
PYPL   59.39 (-0.44%)
XOM   102.68 (-0.30%)

Aecon Group Stock Price, News & Analysis (TSE:ARE)

C$11.54
-0.15 (-1.28%)
(As of 11:07 AM ET)
Compare
Today's Range
C$11.51
C$11.76
50-Day Range
C$9.26
C$11.69
52-Week Range
C$8.29
C$14.04
Volume
75,731 shs
Average Volume
324,103 shs
Market Capitalization
C$712.94 million
P/E Ratio
5.13
Dividend Yield
6.41%
Price Target
C$13.25

Aecon Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.46 Rating Score
Upside/​Downside
13.3% Upside
C$13.25 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Aecon Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
C$98,100 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.20 out of 5 stars


ARE stock logo

About Aecon Group Stock (TSE:ARE)

Aecon Group Inc., together with its subsidiaries, provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally. It operates through two segments, Construction and Concessions. The Construction segment focuses primarily on the civil infrastructure, urban transportation systems, nuclear power infrastructure, utility infrastructure, and conventional industrial infrastructure market sectors. The Concessions segment engages in the development, building, construction, financing, and operation of construction projects by way of public-private partnership contract structures. The company was formerly known as Prefac Concrete Co. Ltd. and changed its name to Aecon Group Inc. in June 2001. Aecon Group Inc. was founded in 1877 and is headquartered in Toronto, Canada.

ARE Stock Price History

ARE Stock News Headlines

Where to Invest $1,000 in December 2023
Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
Aecon Group Inc ARE
Aecon Group directors buy the dip
Recent Reports Are A Wake-Up Call For Investors
As the demand for lithium, an essential element to the energy revolution, increases globally, researchers are projecting a supply deficit as early as 2025. This has sparked a worldwide "gold rush" to find and develop new sources of this critical metal. Savvy investors are paying attention as mining companies race to meet this critical deadline.
Aecon Group Inc. (ARE) Receives a Hold from CIBC
Aecon Group (TSE:ARE) Will Pay A Dividend Of CA$0.185
Raymond James Maintains a Buy Rating on Aecon Group Inc. (ARE)
TD Securities Remains a Hold on Aecon Group Inc. (ARE)
Aecon Group Inc. (ARE) Receives a Hold from RBC Capital
Aecon reports second quarter 2023 results
See More Headlines
Receive ARE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Aecon Group and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 10/3 Dividend
9/21/2023
Dividend Payable
10/03/2023
Last Earnings
10/25/2023
Today
12/04/2023
Next Earnings (Estimated)
2/27/2024

Industry, Sector and Symbol

Industry
Engineering & Construction
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
10,105
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$13.25
High Stock Price Target
C$16.00
Low Stock Price Target
C$10.00
Potential Upside/Downside
+13.3%
Consensus Rating
Hold
Rating Score (0-4)
2.46
Research Coverage
13 Analysts

Profitability

Net Income
C$171.88 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$4.78 billion
Cash Flow
C$10.21 per share
Book Value
C$17.45 per share

Miscellaneous

Free Float
N/A
Market Cap
C$722.21 million
Optionable
Not Optionable
Beta
1.06
Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report

Key Executives

  • Mr. Jean-Louis Servranckx (Age 62)
    President, CEO & Director
    Comp: $2.89M
  • Mr. David Smales (Age 53)
    Executive VP & CFO
    Comp: $1.45M
  • Mr. Steven N. Nackan
    Executive VP & President of Concessions
  • Mr. Eric MacDonald
    Executive Vice President of Utilities
  • Mr. Thomas Clochard
    Executive Vice President of Civil & Nuclear
  • Mr. Adam Borgatti C.F.A.
    CPIR, Senior Vice President of Corporate Development & Investor Relations
  • Ms. Gordana Terkalas
    Senior Vice President of Human Resources
  • Mr. Mark Scherer
    Executive VP of Industrial & Chief Safety Officer
  • Mr. Mathew Kattapuram
    Senior Vice President of Strategic Business Development
  • Mr. John Singleton
    Senior Vice President of Industrial East & West














ARE Stock Analysis - Frequently Asked Questions

Should I buy or sell Aecon Group stock right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aecon Group in the last year. There are currently 7 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ARE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ARE, but not buy additional shares or sell existing shares.
View ARE analyst ratings
or view top-rated stocks.

What is Aecon Group's stock price target for 2024?

13 brokers have issued 1-year price objectives for Aecon Group's shares. Their ARE share price targets range from C$10.00 to C$16.00. On average, they predict the company's share price to reach C$13.25 in the next twelve months. This suggests a possible upside of 13.3% from the stock's current price.
View analysts price targets for ARE
or view top-rated stocks among Wall Street analysts.

How have ARE shares performed in 2023?

Aecon Group's stock was trading at C$9.11 at the beginning of the year. Since then, ARE stock has increased by 28.3% and is now trading at C$11.69.
View the best growth stocks for 2023 here
.

When is Aecon Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
View our ARE earnings forecast
.

How were Aecon Group's earnings last quarter?

Aecon Group Inc. (TSE:ARE) announced its quarterly earnings data on Wednesday, October, 25th. The company reported $0.33 earnings per share for the quarter, missing analysts' consensus estimates of $0.43 by $0.10. The company earned $1.24 billion during the quarter, compared to analyst estimates of $1.24 billion. Aecon Group had a net margin of 3.60% and a trailing twelve-month return on equity of 16.95%.

How often does Aecon Group pay dividends? What is the dividend yield for Aecon Group?

Aecon Group announced a quarterly dividend on Thursday, September 21st. Shareholders of record on Tuesday, October 3rd will be paid a dividend of 0.185 per share on Tuesday, October 3rd. This represents a $0.74 dividend on an annualized basis and a yield of 6.33%. The ex-dividend date of this dividend is Thursday, September 21st.
Read our dividend analysis for ARE
.

Is Aecon Group a good dividend stock?

Aecon Group (TSE:ARE) pays an annual dividend of C$0.74 per share and currently has a dividend yield of 6.61%. ARE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 32.89%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ARE.

What other stocks do shareholders of Aecon Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Aecon Group investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Open Text (OTEX), Toronto-Dominion Bank (TD) and Rogers Communications (RCI).

How do I buy shares of Aecon Group?

Shares of ARE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:ARE) was last updated on 12/4/2023 by MarketBeat.com Staff

My Account -