Aecon Group Stock Price, News & Analysis (TSE:ARE) C$11.54 -0.15 (-1.28%) (As of 11:07 AM ET) Add Compare Share Share Today's RangeC$11.51▼C$11.7650-Day RangeC$9.26▼C$11.6952-Week RangeC$8.29▼C$14.04Volume75,731 shsAverage Volume324,103 shsMarket CapitalizationC$712.94 millionP/E Ratio5.13Dividend Yield6.41%Price TargetC$13.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlines Aecon Group MarketRank™ Stock AnalysisAnalyst RatingHold2.46 Rating ScoreUpside/Downside13.3% UpsideC$13.25 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.00Based on 2 Articles This WeekInsider TradingAcquiring SharesC$98,100 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details 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 3.2 Analyst's Opinion Consensus RatingAecon Group has received a consensus rating of Hold. The company's average rating score is 2.46, and is based on 6 buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$13.25, Aecon Group has a forecasted upside of 13.3% from its current price of C$11.69.Amount of Analyst CoverageAecon Group has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for ARE. Previous Next 2.5 Dividend Strength Dividend LeadershipAecon Group is a leading dividend payer. It pays a dividend yield of 6.61%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAecon Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Aecon Group is 32.89%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ARE. Previous Next 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 2 news articles for Aecon Group this week, compared to 1 article on an average week.Search InterestOnly 22 people have searched for ARE on MarketBeat in the last 30 days. This is a decrease of -12% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Aecon Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Aecon Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$98,100.00 in company stock and sold C$0.00 in company stock.Percentage Held by InsidersOnly 1.65% of the stock of Aecon Group is held by insiders.Percentage Held by InstitutionsOnly 24.12% of the stock of Aecon Group is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Aecon Group is 5.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 105.31.Price to Earnings Ratio vs. SectorThe P/E ratio of Aecon Group is 5.20, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 386.25.Price to Earnings Growth RatioAecon Group has a PEG Ratio of 18.18. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAecon Group has a P/B Ratio of 0.67. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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.Read More ARE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ARE Stock News HeadlinesDecember 1, 2023 | msn.comWhere to Invest $1,000 in December 2023December 1, 2023 | americanbankingnews.comAecon Group (TSE:ARE) Stock Crosses Above Two Hundred Day Moving Average of $11.59December 4, 2023 | Wealthpress (Ad)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.November 13, 2023 | msn.comBears in the Market: Why it’s the Best Time for Canadians to DiversifyNovember 7, 2023 | morningstar.comAecon Group Inc ARENovember 2, 2023 | theglobeandmail.comAecon Group directors buy the dipOctober 31, 2023 | ca.finance.yahoo.com2 Stocks That Have Taken a Spooky Slide But Are Actually Good Buys for Halloween and BeyondOctober 30, 2023 | msn.comAecon Stock: Is the 8% Dividend Yield Worth it?December 4, 2023 | Financial Alphas (Ad)Recent Reports Are A Wake-Up Call For InvestorsAs 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.October 28, 2023 | markets.businessinsider.comAecon Group Inc. (ARE) Receives a Hold from CIBCOctober 26, 2023 | msn.comAecon Group (TSX:ARE) Plummets on Legacy Project StrugglesOctober 23, 2023 | ca.finance.yahoo.comOaktree Capital Management investing $150 million Aecon UtilitiesOctober 23, 2023 | ca.finance.yahoo.comCanadian Investment Regulatory Organization Trade Resumption - AREOctober 23, 2023 | finance.yahoo.comCanadian Investment Regulatory Organization Trading Halt - AREOctober 23, 2023 | marketwatch.comToronto Stocks Climb From Morning Lows; Aecon Group Rises on C$150M Investment From OaktreeSeptember 20, 2023 | finance.yahoo.comAecon completes sale of 49.9% interest in the Bermuda International Airport concessionaireSeptember 19, 2023 | finance.yahoo.comAecon Group (TSE:ARE) Will Pay A Dividend Of CA$0.185September 11, 2023 | theglobeandmail.comAecon Group: Top 10 Undervalued Construction Industry Stocks (ARE)August 26, 2023 | theglobeandmail.comClosing Bell: Aecon Group Inc 5.0 Pct Debs up on Friday (ARE-DB-C)July 31, 2023 | markets.businessinsider.comRaymond James Maintains a Buy Rating on Aecon Group Inc. (ARE)July 30, 2023 | finance.yahoo.comAecon Group (TSE:ARE) Is Due To Pay A Dividend Of CA$0.185July 28, 2023 | theglobeandmail.comAecon stock plunges as legacy projects drag down earningsJuly 28, 2023 | markets.businessinsider.comTD Securities Remains a Hold on Aecon Group Inc. (ARE)July 28, 2023 | markets.businessinsider.comAecon Group Inc. (ARE) Receives a Hold from RBC CapitalJuly 27, 2023 | ca.finance.yahoo.comAecon turns $28-million profit in second quarter as it inks significant new contractsJuly 27, 2023 | finance.yahoo.comAecon reports second quarter 2023 resultsJuly 18, 2023 | msn.comTFSA Titans: Stocks That Can Skyrocket Your Retirement SavingsSee 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. Email Address Company Calendar Ex-Dividend for 10/3 Dividend9/21/2023Dividend Payable10/03/2023Last Earnings10/25/2023Today12/04/2023Next Earnings (Estimated)2/27/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Engineering & Construction Sub-IndustryN/A SectorIndustrials Current SymbolTSE:ARE CUSIPN/A CIKN/A Webwww.aecon.com Phone+1-416-2972600FaxN/AEmployees10,105Year FoundedN/APrice Target and Rating Average Stock Price TargetC$13.25 High Stock Price TargetC$16.00 Low Stock Price TargetC$10.00 Potential Upside/Downside+13.3%Consensus RatingHold Rating Score (0-4)2.46 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)C$2.25 Trailing P/E Ratio5.20 Forward P/E Ratio13.99 P/E Growth18.18Net IncomeC$171.88 million Net Margins3.60% Pretax MarginN/A Return on Equity16.95% Return on Assets-0.03% Debt Debt-to-Equity Ratio32.92 Current Ratio1.32 Quick Ratio1.27 Sales & Book Value Annual SalesC$4.78 billion Price / Sales0.15 Cash FlowC$10.21 per share Price / Cash Flow1.15 Book ValueC$17.45 per share Price / Book0.67Miscellaneous Outstanding Shares61,780,000Free FloatN/AMarket CapC$722.21 million OptionableNot Optionable Beta1.06 Metaverse Stocks And Why You Can't Ignore ThemThinking 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 ExecutivesMr. Jean-Louis Servranckx (Age 62)President, CEO & Director Comp: $2.89MMr. David Smales (Age 53)Executive VP & CFO Comp: $1.45MMr. Steven N. NackanExecutive VP & President of ConcessionsMr. Eric MacDonaldExecutive Vice President of UtilitiesMr. Thomas ClochardExecutive Vice President of Civil & NuclearMr. Adam Borgatti C.F.A.CPIR, Senior Vice President of Corporate Development & Investor RelationsMs. Gordana TerkalasSenior Vice President of Human ResourcesMr. Mark SchererExecutive VP of Industrial & Chief Safety OfficerMr. Mathew KattapuramSenior Vice President of Strategic Business DevelopmentMr. John SingletonSenior Vice President of Industrial East & WestMore ExecutivesKey CompetitorsBird ConstructionTSE:BDTIBI GroupTSE:IBGBadger Infrastructure SolutionsTSE:BDGIBadger DaylightingTSE:BADTervitaTSE:TEVView All CompetitorsInsidersJohn Michael BeckBought 10,000 shares on 10/30/2023Total: C$98,100.00 ($9.81/share) 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Aecon Group Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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