Aecon Group Inc is a Canada-based construction and infrastructure development company. It operates through four segments: Infrastructure, Energy, Mining and Concessions. The Infrastructure segment includes all aspects of the construction of both public and private infrastructure in Canada, and on a selected basis, internationally. The Energy segment encompasses a suite of service offerings to the energy sector, including industrial, construction and manufacturing activities, such as in-plant construction, site construction and module assembly. The Mining segment offers services consolidating its mining capabilities and services across Canada, including both mine site installations and contract mining. This segment focuses on delivering construction services. The Concessions segment includes development, financing, construction and operation of infrastructure projects by way of build-operate-transfer, build-own-operate-transfer and other public-private partnership contract structures.
Industry, Sector and Symbol:
- Sector: Industrial Goods
- Industry: General Contractors
- Sub-Industry: N/A
- Symbol: TSE:ARE
- CUSIP: N/A
- Web: www.aecon.com
Capitalization:- Market Cap: C$1.02 billion
- Outstanding Shares: 58,739,000
Average Prices:- 50 Day Moving Avg: C$15.96
- 200 Day Moving Avg: C$16.03
- 52 Week Range: C$13.07 - C$18.48
P/E:- Trailing P/E Ratio: 26.07
- P/E Growth: -8.82
Sales & Book Value:- Annual Revenue: C$3.04 billion
- Price / Sales: 0.34
- Book Value: C$12.46 per share
- Price / Book: 1.40
Dividend:
Profitability:- EBIDTA: C$147.65 million
- Net Margins: 0.12%
- Return on Equity: 0.44%
- Return on Assets: 0.13%
Misc:- Average Volume: 309,200 shs.
- Short Ratio: 5.92
Frequently Asked Questions for Aecon Group (TSE:ARE)
What is Aecon Group's stock symbol?
Aecon Group trades on the Tornton Stock Exchange (TSX) under the ticker symbol "ARE."
How often does Aecon Group pay dividends? What is the dividend yield for Aecon Group?
Aecon Group declared a quarterly dividend on Tuesday, September 12th. Shareholders of record on Friday, September 22nd will be given a dividend of 0.125 per share on Monday, October 2nd. This represents a $0.50 annualized dividend and a yield of 2.88%. The ex-dividend date is Thursday, September 21st. View Aecon Group's Dividend History.
When will Aecon Group make its next earnings announcement?
Where is Aecon Group's stock going? Where will Aecon Group's stock price be in 2017?
7 analysts have issued 12-month price objectives for Aecon Group's shares. Their forecasts range from C$17.00 to C$21.00. On average, they expect Aecon Group's stock price to reach C$19.29 in the next twelve months. View Analyst Ratings for Aecon Group.
Who are some of Aecon Group's key competitors?
Some companies that are related to Aecon Group include Badger Daylighting Ltd (BAD), Dirtt Environmental Solutions Ltd (DRT), Bird Construction (BDT), IBI Group (IBG), Stuart Olson (SOX), Atlantis Resources Ltd (ARL), Bouygues SA (EN), Cardno Limited (CDD), Decmil Group Limited (DCG), Downer EDI Limited (DOW), Macmahon Holdings Limited (MAH), Monadelphous Group Limited (MND) and Vinci SA (DG).
Who are Aecon Group's key executives?
Aecon Group's management team includes the folowing people:
- Brian V. Tobin, Independent Chairman of the Board
- John M. Beck, President, Chief Executive Officer, Director
- David Smales, Chief Financial Officer, Executive Vice President
- Yonni Fushman, Executive Vice President, Chief Legal Officer and Secretary
- Michael A. Butt, Independent Director
- Joseph A. Carrabba, Independent Director
- Anthony P. Franceschini, Independent Director
- James D. Hole, Independent Director
- Susan Wolburgh Jenah, Independent Director
How do I buy Aecon Group stock?
Shares of Aecon Group and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
What is Aecon Group's stock price today?
One share of Aecon Group stock can currently be purchased for approximately C$17.39.
MarketBeat Community Rating for Aecon Group (TSE ARE)MarketBeat's community ratings are surveys of what our community members think about Aecon Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Aecon Group (TSE:ARE) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating, 6 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.86) |
| Consensus Price Target: | C$19.29 |
Analysts' Ratings History for Aecon Group (TSE:ARE)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 8/28/2017 | Scotiabank | Boost Price Target | Outperform | C$19.00 -> C$21.00 |  |
| 7/31/2017 | TD Securities | Boost Price Target | Buy | C$19.50 -> C$20.00 | |
| 5/9/2017 | Royal Bank Of Canada | Reiterated Rating | Sector Perform | | |
| 3/17/2017 | Raymond James Financial, Inc. | Reiterated Rating | Outperform | C$19.00 | |
| 3/9/2017 | Desjardins | Boost Price Target | | C$18.00 -> C$19.00 | |
| 3/9/2017 | Paradigm Capital | Boost Price Target | | C$18.00 -> C$19.00 | |
| 3/9/2017 | CIBC | Boost Price Target | | C$19.00 -> C$20.00 | |
| 11/15/2016 | National Bank Financial | Upgrade | Reduce -> Outperform | | |
| 8/8/2016 | BMO Capital Markets | Boost Price Target | | C$17.50 -> C$20.00 | |
| 5/4/2016 | Canaccord Genuity | Boost Price Target | | C$17.00 -> C$19.00 | |
| 4/12/2016 | AltaCorp Capital | Boost Price Target | Outperform | C$20.00 -> C$24.00 | |
| 3/18/2016 | Dundee Securities | Downgrade | Buy -> Neutral | | |
(Data available from 9/25/2015 forward)
Earnings History for Aecon Group (TSE:ARE)Earnings History by Quarter for Aecon Group (TSE ARE)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/27/2017 | | C$0.42 | | | | | N/A | |
| 5/7/2014 | | C($0.19) | C($0.47) | C$543.80 million | C$461.87 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Aecon Group (TSE:ARE)2017 EPS Consensus Estimate: $1.04
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 5 | ($0.25) | $0.34 | ($0.07) |
| Q2 2017 | 4 | $0.07 | $0.36 | $0.17 |
| Q3 2017 | 3 | $0.40 | $0.48 | $0.43 |
| Q4 2017 | 3 | $0.46 | $0.57 | $0.51 |
(Data provided by Zacks Investment Research)
Dividend History by Quarter for Aecon Group (TSE ARE)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 9/12/2017 | Quarterly | $0.13 | 2.81% | 9/21/2017 | 9/22/2017 | 10/2/2017 |
| 6/21/2017 | Quarterly | $0.13 | 3.27% | 6/21/2017 | 7/4/2017 | 7/4/2017 |
| 3/22/2017 | Quarterly | $0.13 | 2.98% | 3/22/2017 | 4/3/2017 | 4/3/2017 |
| 12/21/2016 | Quarterly | $0.12 | 3.03% | 12/21/2016 | 1/3/2017 | 1/3/2017 |
| 9/21/2016 | Quarterly | $0.12 | 2.61% | 9/21/2016 | 10/1/2016 | 10/1/2016 |
| 3/18/2016 | Quarterly | $0.12 | 2.85% | 3/18/2016 | 4/1/2016 | 4/1/2016 |
| 12/22/2015 | Quarterly | $0.10 | 2.9% | 12/22/2015 | 1/4/2016 | 1/4/2016 |
| 9/17/2015 | Quarterly | $0.10 | 2.98% | 9/17/2015 | 10/1/2015 | 10/1/2015 |
| 6/18/2015 | Quarterly | $0.10 | 2.98% | 6/18/2015 | 7/2/2015 | 7/2/2015 |
| 3/18/2015 | Quarterly | $0.10 | 3.83% | 3/18/2015 | 4/1/2015 | 4/1/2015 |
| 12/19/2014 | Quarterly | $0.09 | 3.52% | 12/19/2014 | 1/2/2015 | 1/2/2015 |
| 9/17/2014 | Quarterly | $0.09 | 2.33% | 9/17/2014 | 10/1/2014 | 10/1/2014 |
| 6/18/2014 | Quarterly | $0.09 | 2.11% | 6/18/2014 | 7/2/2014 | 7/2/2014 |
| 3/11/2014 | quarterly | $0.09 | 2.21% | 3/19/2014 | 3/21/2014 | 4/1/2014 |
| 12/19/2013 | Quarterly | $0.08 | 2.01% | 12/19/2013 | 1/2/2014 | 1/2/2014 |
| 3/12/2013 | quarterly | $0.08 | | | 3/22/2013 | 4/1/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Aecon Group (TSE:ARE)Insider Trades by Quarter for Aecon Group (TSE:ARE)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/19/2017 | Jenah Susan Wolburgh | Director | Buy | 2,000 | C$15.20 | C$30,400.00 | |
| 9/7/2016 | John Michael Beck | Director | Sell | 96,094 | C$18.87 | C$1,813,293.78 | |
| 12/22/2015 | John Michael Beck | Director | Sell | 85,500 | C$15.16 | C$1,296,060.30 | |
| 11/27/2015 | Lindsay Brian Swartz | Insider | Sell | 8,163 | C$14.01 | C$114,363.63 | |
| 8/28/2015 | John Michael Beck | Director | Sell | 150,000 | C$12.31 | C$1,845,975.00 | |
| 3/31/2015 | Terrance Lloyd Mckibbon | Insider | Buy | 3,500 | C$11.22 | C$39,270.00 | |
| 11/14/2014 | Brian Vincent Tobin | Director | Buy | 4,500 | C$11.94 | C$53,721.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Aecon Group (TSE:ARE)
Latest Headlines for Aecon Group (TSE:ARE)
| Source: |
|
| Date | Headline |
|---|
 | Aecon Group, Inc. : ARE-CA: Dividend Analysis : September 22nd, 2017 (record date) : By the numbers : September 21, 2017
finance.yahoo.com - September 23 at 9:07 PM |
 | Aecon Group Inc (ARE) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - September 23 at 8:52 PM |
| Aecon Group, Inc. : ARE-CA: Dividend Analysis : September 22nd, 2017 (record date) : By the numbers : September 21, 2017
finance.yahoo.com - September 22 at 1:25 PM |
 | Wednesday's TSX breakouts: Takeover speculation continues to lift this company's share price higher - The Globe and Mail
www.theglobeandmail.com - September 13 at 5:11 PM |
| Aecon Group Inc (ARE) Plans $0.13 Quarterly Dividend
www.americanbankingnews.com - September 13 at 3:32 PM |
 | Is it Too Late to Benefit From Aecon Group Inc.'s Potential Sale? - The Motley Fool Canada
www.fool.ca - September 8 at 4:27 PM |
| This Dividend-Growth Stock Could Jump 50%: Should You Buy? - The Motley Fool Canada
www.fool.ca - September 6 at 3:58 PM |
| This Dividend-Growth Stock Could Jump 50%: Should You Buy? - The Motley Fool Canada
www.fool.ca - September 6 at 3:58 PM |
| Aecon Group Inc (ARE) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - August 29 at 11:08 PM |
| Streetwise newsletter: Scotiabank's $800-million deal to rename ACC; Canadian market boosts banks' profits - The Globe and Mail
www.theglobeandmail.com - August 29 at 9:20 PM |
 | PRESS DIGEST- Canada - August 29 - Reuters
www.reuters.com - August 29 at 4:18 PM |
| Large international firms emerging as potential Aecon buyers - The Globe and Mail
www.theglobeandmail.com - August 28 at 9:08 PM |
| Aecon Group, Inc.: Gathering momentum, can it sustain its performance?
finance.yahoo.com - August 28 at 9:08 PM |
| Aecon Group, Inc. breached its 50 day moving average in a Bullish Manner : ARE-CA : August 28, 2017
finance.yahoo.com - August 28 at 4:04 PM |
| Aecon Group Inc (ARE) Price Target Increased to C$21.00 by Analysts at Scotiabank
www.americanbankingnews.com - August 28 at 3:44 PM |
| Aecon and Stantec: Two growth strategies, one global leader
www.theglobeandmail.com - August 28 at 1:50 AM |
| Aecon hires bank advisers to explore sale, shares surge - The Globe and Mail
www.theglobeandmail.com - August 27 at 8:49 PM |
 | UPDATE 1-Canada's Aecon hires advisers to explore sale - Business Insider
www.businessinsider.com - August 27 at 3:45 PM |
| CANADA STOCKS-TSX edges lower as Tahoe plunges but ... - Reuters
www.reuters.com - August 26 at 3:43 AM |
 | TSX ends lower as Tahoe plunges; Hudson's Bay, Aecon spike
www.nasdaq.com - August 26 at 3:42 AM |
 | Beattie LP Expresses Interest in Sale of Aecon Group
www.benzinga.com - August 26 at 3:42 AM |
| TSX edges lower as Tahoe plunges but Hudson's Bay, Aecon surge - Nasdaq
www.nasdaq.com - August 25 at 10:41 PM |
| The close: TSX edges lower as Tahoe plunges but HBC, Aecon surge - The Globe and Mail
www.theglobeandmail.com - August 25 at 5:38 PM |
 | CANADA STOCKS-TSX ends lower as Tahoe plunges; Hudson's Bay, Aecon spike
www.cnbc.com - August 25 at 5:38 PM |
| Canadian Construction Firm Aecon Hired Advisers to Explore Sale
finance.yahoo.com - August 25 at 5:38 PM |
 | Canadian Construction Firm Aecon Hired Advisers to Explore Sale
www.bloomberg.com - August 25 at 5:38 PM |
| IIROC Trading Halt - ARE
finance.yahoo.com - August 25 at 5:38 PM |
| Aecon Confirms It Has Engaged Financial Advisors to Explore a Potential Sale of the Company
finance.yahoo.com - August 25 at 5:38 PM |
| IIROC Trade Resumption - Aecon Group Inc.
finance.yahoo.com - August 25 at 5:38 PM |
| IIROC Trade Resumption - ARE
finance.yahoo.com - August 25 at 5:38 PM |
| Canada's Aecon hires advisers to explore sale
finance.yahoo.com - August 25 at 5:38 PM |
| CANADA STOCKS-TSX edges lower as Tahoe plunges but Hudson's Bay, Aecon surge
finance.yahoo.com - August 25 at 5:38 PM |
| Canadian Industrials Stocks under Review WesternOne, SNC Lavalin Group, Aecon Group, and WSP Global
finance.yahoo.com - August 23 at 8:27 AM |
| ETFs with exposure to Aecon Group, Inc. : August 17, 2017
finance.yahoo.com - August 17 at 5:28 PM |
| Aecon Group Inc (TSE:ARE) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - August 4 at 10:38 PM |
| Aecon Group, Inc. :ARE-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 2, 2017
finance.yahoo.com - August 4 at 9:25 PM |
| Aecon Group, Inc. :ARE-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 2, 2017
finance.yahoo.com - August 2 at 4:49 PM |
| Aecon Group Inc (ARE) Price Target Raised to C$20.00
www.americanbankingnews.com - July 31 at 6:38 PM |
 | Aecon Group's (AEGXF) CEO John Beck on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - July 29 at 3:13 AM |
| Edited Transcript of ARE.TO earnings conference call or presentation 28-Jul-17 1:30pm GMT
finance.yahoo.com - July 28 at 10:12 PM |
| Aecon reports second quarter 2017 results
finance.yahoo.com - July 27 at 4:05 PM |
| Aecon Group, Inc. breached its 50 day moving average in a Bearish Manner : ARE-CA : July 24, 2017
finance.yahoo.com - July 24 at 1:04 PM |
| Aecon Group Inc (TSE:ARE) Forecasted to Earn FY2017 Earnings of $0.52 Per Share
www.americanbankingnews.com - July 17 at 8:28 AM |
| National Bank Financial Weighs in on Aecon Group Inc's Q2 2017 Earnings (TSE:ARE)
www.americanbankingnews.com - July 14 at 9:46 AM |
| Aecon announces results of vote for the election of directors
finance.yahoo.com - June 30 at 4:04 PM |
| Aecon schedules second quarter 2017 financial results and conference call
finance.yahoo.com - June 27 at 8:54 PM |
| Aecon Group, Inc. – Value Analysis (TORONTO:ARE) : June 26, 2017
finance.yahoo.com - June 26 at 9:07 PM |
| Aecon Group, Inc. breached its 50 day moving average in a Bullish Manner : ARE-CA : June 23, 2017
finance.yahoo.com - June 23 at 4:14 PM |
| 2 Undervalued Dividend Dynamos I’d Buy Today
www.fool.ca - June 22 at 3:38 PM |
| Aecon Group, Inc. : ARE-CA: Dividend Analysis : June 23rd, 2017 (record date) : By the numbers : June 21, 2017
finance.yahoo.com - June 21 at 4:29 PM |
Aecon Group (ARE) Chart for Monday, September, 25, 2017
