Stantec - STN Stock Forecast, Price & News

Stantec Inc. provides engineering, architecture, and environmental consulting services in the areas of infrastructure and facilities in Canada, the United States, and internationally. The company provides consulting services in engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics. It also offers structural, mechanical, electrical, plumbing, and hydraulics engineering services; transportation advisory, planning and analytics, transport engineering, and technical design; paleontological and archaeological services for the rail, transportation, water, and power and energy sectors; environmental and infrastructure services; and environmental and cultural resource compliance services. The company was formerly known as Stanley Technology Group Inc. and changed its name to Stantec Inc. in October 1998. Stantec Inc. was founded in 1954 and is headquartered in Edmonton, Canada.

Analysts Set New Price Targets

Several research firms have weighed in on STN. Royal Bank of Canada increased their target price on Stantec from C$65.00 to C$67.00 and gave the company a "sector perform" rating in a research note on Friday, August 12th. Raymond James dropped their target price on Stantec from C$85.00 to C$77.00 and set a "strong-buy" rating on the stock in a report on Friday, May 13th. TD Securities dropped their price target on Stantec from C$80.00 to C$74.00 and set a "buy" rating on the stock in a research note on Friday, May 13th. Atb Cap Markets upgraded shares of Stantec from a "sector perform" rating to an "outperform" rating in a research note on Thursday, August 11th. Finally, Scotiabank increased their price objective on shares of Stantec from C$72.00 to C$74.00 in a research note on Friday, August 12th. Two investment analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of C$74.82.

Stantec Trading Up 0.9 %

Shares of TSE:STN opened at C$66.07 on Friday. The business has a fifty day moving average price of C$58.92 and a 200 day moving average price of C$60.87. The stock has a market capitalization of C$7.32 billion and a P/E ratio of 38.19. The company has a debt-to-equity ratio of 102.26, a current ratio of 1.54 and a quick ratio of 1.47. Stantec has a 1-year low of C$53.12 and a 1-year high of C$73.10.

Stantec Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, October 17th. Investors of record on Thursday, September 29th will be paid a $0.18 dividend. The ex-dividend date of this dividend is Wednesday, September 28th. This represents a $0.72 dividend on an annualized basis and a yield of 1.09%. Stantec's dividend payout ratio is currently 39.88%.