Atb Cap Markets Analysts Lift Earnings Estimates for Stantec

Stantec Inc. (NYSE:STN) (TSE:STN) – Equities research analysts at Atb Cap Markets increased their Q4 2024 EPS estimates for shares of Stantec in a research report issued to clients and investors on Sunday, November 10th. Atb Cap Markets analyst C. Murray now expects that the business services provider will post earnings of $0.71 per share for the quarter, up from their previous estimate of $0.70. The consensus estimate for Stantec’s current full-year earnings is $3.07 per share. Atb Cap Markets also issued estimates for Stantec’s Q1 2025 earnings at $0.77 EPS, Q2 2025 earnings at $0.91 EPS, FY2025 earnings at $3.41 EPS, Q1 2026 earnings at $0.93 EPS, Q2 2026 earnings at $1.01 EPS, Q3 2026 earnings at $1.02 EPS and FY2026 earnings at $3.82 EPS.

Other research analysts also recently issued research reports about the stock. StockNews.com downgraded shares of Stantec from a “buy” rating to a “hold” rating in a research note on Friday, November 8th. Scotiabank began coverage on shares of Stantec in a research note on Friday, October 25th. They set a “sector outperform” rating for the company. Canaccord Genuity Group raised shares of Stantec from a “hold” rating to a “buy” rating in a research note on Monday. Canaccord Genuity Group raised shares of Stantec from a “hold” rating to a “buy” rating in a research note on Monday. Finally, Raymond James downgraded shares of Stantec from a “moderate buy” rating to a “hold” rating in a research note on Thursday, August 8th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Stantec has an average rating of “Moderate Buy”.

Stantec Trading Down 0.8 %

Shares of STN stock opened at $82.30 on Tuesday. The firm has a 50-day moving average price of $81.37 and a 200 day moving average price of $82.41. Stantec has a twelve month low of $67.54 and a twelve month high of $88.42. The company has a market capitalization of $9.39 billion, a price-to-earnings ratio of 37.41 and a beta of 1.02. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.51.

Stantec Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be issued a dividend of $0.155 per share. The ex-dividend date is Tuesday, December 31st. This represents a $0.62 dividend on an annualized basis and a dividend yield of 0.75%. This is a boost from Stantec’s previous quarterly dividend of $0.15. Stantec’s payout ratio is presently 28.18%.

Institutional Trading of Stantec

A number of institutional investors have recently modified their holdings of STN. BNP Paribas Financial Markets grew its holdings in shares of Stantec by 8.4% during the 1st quarter. BNP Paribas Financial Markets now owns 10,035 shares of the business services provider’s stock worth $833,000 after purchasing an additional 779 shares during the period. Quantbot Technologies LP boosted its holdings in Stantec by 17.9% in the 1st quarter. Quantbot Technologies LP now owns 11,910 shares of the business services provider’s stock worth $989,000 after acquiring an additional 1,807 shares during the period. SG Americas Securities LLC purchased a new position in Stantec in the 1st quarter worth approximately $235,000. Russell Investments Group Ltd. boosted its holdings in Stantec by 3.7% in the 1st quarter. Russell Investments Group Ltd. now owns 342,455 shares of the business services provider’s stock worth $28,494,000 after acquiring an additional 12,208 shares during the period. Finally, Pembroke Management LTD boosted its holdings in Stantec by 4.7% in the 1st quarter. Pembroke Management LTD now owns 7,599 shares of the business services provider’s stock worth $631,000 after acquiring an additional 342 shares during the period. Hedge funds and other institutional investors own 63.86% of the company’s stock.

About Stantec

Stantec Inc provides professional services in the areas of infrastructure and facilities to the public and private sectors in Canada, the United States, and internationally. It offers evaluation, planning, and designing infrastructure solutions; solutions for sustainable water resources, planning, management, and infrastructure; environmental services; integrated architecture, engineering, interior design, and planning solutions for buildings; and energy and resources solutions.