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TSE:AREAecon Group Stock Price, Forecast & News

C$14.75
-0.18 (-1.21 %)
(As of 07/3/2020 04:00 PM ET)
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Today's Range
C$14.69
Now: C$14.75
C$14.97
50-Day Range
C$13.78
MA: C$14.72
C$15.57
52-Week Range
C$10.94
Now: C$14.75
C$21.83
Volume153,275 shs
Average Volume371,517 shs
Market CapitalizationC$883.04 million
P/E Ratio13.41
Dividend Yield4.29%
BetaN/A
Aecon Group Inc. provides construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally. It operates through three segments: Infrastructure, Industrial, and Concessions. The Infrastructure segment is involved in the construction of roads and bridges, and rail and transit systems, as well as in municipal road construction, asphalt production and aggregates, material engineering and design, and foundation activities. This segment also undertakes hydroelectric, tunnel, airport, marine, and civil transportation infrastructure projects; and constructs water treatment facilities and mechanical systems. The Industrial segment constructs steam assisted gravity drainage systems, turnkey well pad and field facilities, liquefied natural gas plants, and gas compression facilities, as well as nuclear, thermal and hydro, natural gas, and renewable power plants; and undertakes oil and gas pipeline construction and integrity program, telecom infrastructure, power transmission and distribution network, water and sewer construction, district energy, and high voltage transmission projects. This segment also offers locate, fabrication, modularization, field installation, and plant maintenance turnaround services; and mine site development services, such as overburden removal and piling, environmental reclamation, ore storage facilities, heavy mechanical work, and process installation services. The Concessions segment develops, finances, constructs, and operates infrastructure projects by way of build-operate-transfer, build-own-operate-transfer, and other public-private partnership contract structures, as well as offers private finance solutions. 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 based in Toronto, Canada.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.4Community Rank: 3.1Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.93 out of 5 stars


Industry, Sector and Symbol

Industry Engineering & Construction
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone+1-416-2972600

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$3.56 billion
Cash FlowC$10.21 per share
Book ValueC$14.00 per share

Profitability

Miscellaneous

Employees6,101
Market CapC$883.04 million
Next Earnings Date7/23/2020 (Estimated)
OptionableOptionable

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Aecon Group (TSE:ARE) Frequently Asked Questions

How has Aecon Group's stock been impacted by COVID-19 (Coronavirus)?

Aecon Group's stock was trading at C$15.82 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ARE shares have decreased by 6.8% and is now trading at C$14.75. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Aecon Group?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aecon Group in the last year. There are currently 2 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Aecon Group.

When is Aecon Group's next earnings date?

Aecon Group is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Aecon Group.

How were Aecon Group's earnings last quarter?

Aecon Group Inc (TSE:ARE) released its quarterly earnings data on Thursday, April, 23rd. The company reported ($0.19) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.25) by $0.06. The company earned $747.52 million during the quarter, compared to analysts' expectations of $655.53 million. View Aecon Group's earnings history.

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

Aecon Group announced a quarterly dividend on Monday, June 22nd. Investors of record on Friday, July 3rd will be paid a dividend of 0.16 per share on Friday, July 3rd. This represents a $0.64 dividend on an annualized basis and a yield of 4.34%. The ex-dividend date of this dividend is Monday, June 22nd. View Aecon Group's dividend history.

What price target have analysts set for ARE?

6 analysts have issued twelve-month target prices for Aecon Group's shares. Their forecasts range from C$18.00 to C$24.00. On average, they expect Aecon Group's stock price to reach C$20.36 in the next twelve months. This suggests a possible upside of 38.0% from the stock's current price. View analysts' price targets for Aecon Group.

Has Aecon Group been receiving favorable news coverage?

News articles about ARE stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Aecon Group earned a news sentiment score of -1.3 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Aecon Group.

Who are some of Aecon Group's key competitors?

What other stocks do shareholders of Aecon Group own?

Who are Aecon Group's key executives?

Aecon Group's management team includes the following people:
  • Mr. John M. Beck, Exec. Chairman (Age 78)
  • Mr. David Smales, Exec. VP & CFO (Age 49)
  • Mr. Yonni Fushman, Exec. VP, Chief Legal Officer & Sec.
  • Mr. Steven N. Nackan, Exec. VP & Pres of Concessions
  • Mr. Mathew Kattapuram, Sr. VP of Strategic Bus. Devel.

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 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 ARE stock can currently be purchased for approximately C$14.75.

How big of a company is Aecon Group?

Aecon Group has a market capitalization of C$883.04 million and generates C$3.56 billion in revenue each year. Aecon Group employs 6,101 workers across the globe.

What is Aecon Group's official website?

The official website for Aecon Group is www.aecon.com.

How can I contact Aecon Group?

Aecon Group's mailing address is 20 Carlson Crt, Sute 800, ETOBICOKE, ON M9W 7K6, Canada. The company can be reached via phone at +1-416-2972600.

This page was last updated on 7/3/2020 by MarketBeat.com Staff

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