Equities Analysts Offer Predictions for TSE:BDT Q4 Earnings

Bird Construction Inc. (TSE:BDT) – Equities researchers at Stifel Canada increased their Q4 2024 earnings per share (EPS) estimates for Bird Construction in a report released on Wednesday, November 6th. Stifel Canada analyst I. Gillies now anticipates that the company will earn $0.72 per share for the quarter, up from their previous estimate of $0.65. The consensus estimate for Bird Construction’s current full-year earnings is $2.76 per share. Stifel Canada also issued estimates for Bird Construction’s Q1 2026 earnings at $0.35 EPS, Q2 2026 earnings at $0.93 EPS, Q3 2026 earnings at $1.07 EPS and FY2026 earnings at $3.28 EPS.

Bird Construction (TSE:BDT) last issued its quarterly earnings results on Tuesday, November 5th. The company reported C$0.69 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.67 by C$0.02. The firm had revenue of C$898.94 million during the quarter, compared to analysts’ expectations of C$961.37 million. Bird Construction had a net margin of 2.68% and a return on equity of 26.97%.

Several other analysts also recently commented on the company. TD Securities upped their price objective on Bird Construction from C$31.00 to C$36.00 in a research note on Thursday, October 10th. Cibc World Mkts upgraded Bird Construction to a “hold” rating in a research note on Friday, August 9th. BMO Capital Markets lifted their price objective on shares of Bird Construction from C$30.00 to C$35.00 in a research report on Thursday, October 10th. Stifel Nicolaus upped their price objective on shares of Bird Construction from C$37.00 to C$38.00 in a research report on Thursday. Finally, Raymond James lifted their target price on shares of Bird Construction from C$30.00 to C$35.00 in a report on Thursday, October 10th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$32.44.

Bird Construction Price Performance

Shares of BDT opened at C$29.08 on Friday. The company has a debt-to-equity ratio of 70.40, a quick ratio of 1.20 and a current ratio of 1.25. Bird Construction has a fifty-two week low of C$11.41 and a fifty-two week high of C$32.67. The firm has a 50-day simple moving average of C$26.35 and a 200-day simple moving average of C$24.50. The company has a market capitalization of C$1.61 billion, a price-to-earnings ratio of 18.64, a price-to-earnings-growth ratio of 0.53 and a beta of 1.05.

Bird Construction Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, December 20th. Investors of record on Friday, December 20th will be issued a dividend of $0.07 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.84 dividend on an annualized basis and a yield of 2.89%. This is an increase from Bird Construction’s previous monthly dividend of $0.05. Bird Construction’s payout ratio is currently 53.85%.

Bird Construction Company Profile

Bird Construction Inc provides construction services in Canada. The company primarily focuses on projects in the industrial, and institutional, and infrastructure markets. It constructs large, complex industrial buildings, including manufacturing, processing, distribution, and warehouse facilities; and provides electrical and instrumentation, high voltage testing and commissioning services, as well as power line construction, structural, mechanical, and piping, including off-site metal and modular fabrication.