TSE:ARE Aecon Group (ARE) Stock Forecast, Price & News C$13.11 -0.23 (-1.72%) (As of 06/2/2023 ET) Add Compare Share Share Today's RangeC$13.02▼C$13.3750-Day RangeC$12.27▼C$13.9752-Week RangeC$8.29▼C$15.04Volume300,562 shsAverage Volume424,991 shsMarket CapitalizationC$806.79 millionP/E Ratio21.15Dividend Yield5.64%Price TargetC$14.35 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media Aecon Group MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside9.5% UpsideC$14.35 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. 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.1.39 out of 5 stars 1.3 Analyst's Opinion Consensus RatingAecon Group has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 5 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$14.35, Aecon Group has a forecasted upside of 9.5% from its current price of C$13.11.Amount of Analyst CoverageAecon Group has only been the subject of 4 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for ARE. Previous Next 1.7 Dividend Strength Dividend LeadershipAecon Group is a leading dividend payer. It pays a dividend yield of 5.66%, 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 119.35%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ARE. Previous Next 2.0 News and Social Media Coverage News SentimentAecon Group has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.38 average news sentiment score of Industrials companies.News Coverage This WeekMarketBeat has tracked 1 news article for Aecon Group this week, compared to 2 articles on an average week.Search InterestOnly 16 people have searched for ARE on MarketBeat in the last 30 days. This is a decrease of -41% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Aecon Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Aecon Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.84% of the stock of Aecon Group is held by insiders.Percentage Held by InstitutionsOnly 23.56% 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 21.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.16.Price to Earnings Ratio vs. SectorThe P/E ratio of Aecon Group is 21.15, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 558.46.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 0.86. 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 (TSE:ARE) StockAecon 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 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 ARE Stock News HeadlinesMay 27, 2023 | americanbankingnews.comAecon Group Inc. (TSE:ARE) Receives C$14.35 Consensus Price Target from BrokeragesMay 20, 2023 | americanbankingnews.comAecon Group (TSE:ARE) Price Target Raised to C$15.00June 2, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 11, 2023 | finance.yahoo.comBruce Power signs $1.3 billion fuel channel and feeder replacement contract with Shoreline Power Group for remaining MCR projectsMay 10, 2023 | theglobeandmail.comClosing Bell: Aecon Group Inc 5.0 Pct Debs down on Tuesday (ARE-DB-C)May 5, 2023 | msn.com2 TSX Dividend Stocks Ready for a Massive Payout BoostMay 3, 2023 | americanbankingnews.comAecon Group Inc. (TSE:ARE) Forecasted to Post Q3 2023 Earnings of $0.44 Per ShareMay 3, 2023 | americanbankingnews.comAtb Cap Markets Comments on Aecon Group Inc.'s Q2 2023 Earnings (TSE:ARE)June 2, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 2, 2023 | americanbankingnews.comBrokerages Set Aecon Group Inc. (TSE:ARE) Target Price at C$14.05May 2, 2023 | americanbankingnews.comDesjardins Analysts Lower Earnings Estimates for Aecon Group Inc. (TSE:ARE)May 1, 2023 | americanbankingnews.comRoyal Bank of Canada Cuts Aecon Group (TSE:ARE) Price Target to C$14.00April 30, 2023 | americanbankingnews.comRaymond James Comments on Aecon Group Inc.'s FY2023 Earnings (TSE:ARE)April 30, 2023 | americanbankingnews.comAtb Cap Markets Analysts Decrease Earnings Estimates for Aecon Group Inc. (TSE:ARE)April 30, 2023 | americanbankingnews.comStifel Nicolaus Boosts Aecon Group (TSE:ARE) Price Target to C$14.00April 30, 2023 | americanbankingnews.comNational Bank Financial Weighs in on Aecon Group Inc.'s Q2 2023 Earnings (TSE:ARE)April 29, 2023 | americanbankingnews.comQ3 2024 EPS Estimates for Aecon Group Inc. Cut by Raymond James (TSE:ARE)April 29, 2023 | americanbankingnews.comTD Securities Lowers Aecon Group (TSE:ARE) Price Target to C$14.50April 28, 2023 | americanbankingnews.comAecon Group (TSE:ARE) Shares Down 8.4% April 28, 2023 | americanbankingnews.comBrokers Issue Forecasts for Aecon Group Inc.'s Q3 2023 Earnings (TSE:ARE)April 27, 2023 | theglobeandmail.comClosing Bell: Aecon Group Inc 5.0 Pct Debs flat on Wednesday (ARE-DB-C)April 26, 2023 | finance.yahoo.comAecon selected to deliver the Deerfoot Trail Improvements project in AlbertaApril 25, 2023 | msn.comAecon reports loss of $9.4M in first quarter as cost inflatioApril 25, 2023 | finance.yahoo.comAecon reports first quarter 2023 resultsApril 25, 2023 | theglobeandmail.comClosing Bell: Aecon Group Inc 5.0 Pct Debs down on Monday (ARE-DB-C)April 24, 2023 | theglobeandmail.comClosing Bell: Aecon Group Inc down on Monday (ARE)April 24, 2023 | markets.businessinsider.comHere's what Wall Street expects from Aecon Group's earningsSee More Headlines ARE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ARE Company Calendar Ex-Dividend for 4/4 Dividend3/23/2023Dividend Payable4/04/2023Today6/02/2023Next Earnings (Estimated)7/27/2023Get 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/AEmployees5,600Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$14.35 High Stock Price ForecastC$20.00 Low Stock Price ForecastC$11.50 Forecasted Upside/Downside+9.5%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.62 Trailing P/E Ratio21.15 Forward P/E Ratio17.31 P/E Growth18.18Net IncomeC$38.39 million Net Margins0.80% Pretax MarginN/A Return on Equity4.20% Return on Assets1.35% Debt Debt-to-Equity Ratio68.78 Current Ratio1.27 Quick Ratio1.27 Sales & Book Value Annual SalesC$4.82 billion Price / Sales0.17 Cash FlowC$11.45 per share Price / Cash Flow1.15 Book ValueC$15.19 per share Price / Book0.86Miscellaneous Outstanding Shares61,540,000Free FloatN/AMarket CapC$806.79 million OptionableOptionable Beta0.98 Key ExecutivesMr. Jean-Louis Servranckx (Age 62)Pres, CEO & Director Comp: $3.18MMr. David Smales (Age 53)Exec. VP & CFO Comp: $1.52MMr. Steven N. NackanExec. VP & Pres of ConcessionsMr. Mark SchererExec. VP of Industrial & Chief Safety OfficerMr. Adam Borgatti C.F.A.CPIR, Sr. VP of Corp. Devel. & Investor RelationsMs. Gordana TerkalasSr. VP of HRMr. Mathew KattapuramSr. VP of Strategic Bus. Devel.Mr. John SingletonSr. VP of Industrial East & WestMr. Alistair MacCallumSr. VP of Fin.Mr. Blair BrandonSr. VP of Major Projects - Civil WestMore ExecutivesKey CompetitorsBadger Infrastructure SolutionsTSE:BDGIIBI GroupTSE:IBGBird ConstructionTSE:BDTBadger DaylightingTSE:BADCalian GroupTSE:CGYView All Competitors ARE Stock - Frequently Asked Questions Should I buy or sell Aecon Group stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Aecon Group in the last twelve months. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ARE shares. View ARE analyst ratings or view top-rated stocks. What is Aecon Group's stock price forecast for 2023? 10 analysts have issued 12 month price objectives for Aecon Group's shares. Their ARE share price forecasts range from C$11.50 to C$20.00. On average, they predict the company's stock price to reach C$14.35 in the next year. This suggests a possible upside of 9.2% 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 on January 1st, 2023. Since then, ARE shares have increased by 44.2% and is now trading at C$13.14. 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 Thursday, July 27th 2023. View our ARE earnings forecast. How often does Aecon Group pay dividends? What is the dividend yield for Aecon Group? Aecon Group announced a quarterly dividend on Thursday, March 23rd. Investors of record on Tuesday, April 4th will be paid a dividend of 0.185 per share on Tuesday, April 4th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 5.63%. The ex-dividend date of this dividend is Thursday, March 23rd. 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 5.66%. ARE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 119.35%. Payout ratios above 75% are not desirable because they may not be sustainable. 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). What is Aecon Group's stock symbol? Aecon Group trades on the Toronto Stock Exchange (TSX) under the ticker symbol "ARE." 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. What is Aecon Group's stock price today? One share of ARE stock can currently be purchased for approximately C$13.14. How much money does Aecon Group make? Aecon Group (TSE:ARE) has a market capitalization of C$808.64 million and generates C$4.82 billion in revenue each year. The company earns C$38.39 million in net income (profit) each year or C$0.62 on an earnings per share basis. How many employees does Aecon Group have? The company employs 5,600 workers across the globe. How can I contact Aecon Group? Aecon Group's mailing address is 20 Carlson Crt, Sute 800, ETOBICOKE, ON M9W 7K6, Canada. The official website for the company is www.aecon.com. The company can be reached via phone at +1-416-2972600. This page (TSE:ARE) was last updated on 6/2/2023 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. 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