Equities Analysts Issue Forecasts for TSE:NOA Q1 Earnings

North American Construction Group Ltd. (TSE:NOA) (NYSE:NOA) – National Bank Financial reduced their Q1 2025 EPS estimates for shares of North American Construction Group in a note issued to investors on Wednesday, January 22nd. National Bank Financial analyst M. Sytchev now expects that the company will earn $0.86 per share for the quarter, down from their prior estimate of $0.94. The consensus estimate for North American Construction Group’s current full-year earnings is $4.06 per share. National Bank Financial also issued estimates for North American Construction Group’s Q2 2025 earnings at $0.90 EPS, Q3 2025 earnings at $1.12 EPS and Q4 2025 earnings at $1.04 EPS.

NOA has been the topic of a number of other research reports. Canaccord Genuity Group upped their price target on shares of North American Construction Group from C$32.00 to C$33.00 in a research note on Friday, December 6th. ATB Capital decreased their price target on shares of North American Construction Group from C$40.00 to C$38.00 in a research note on Friday, November 1st. Cibc World Mkts upgraded shares of North American Construction Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, December 5th. National Bankshares upped their price target on shares of North American Construction Group from C$39.00 to C$40.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Finally, Raymond James upgraded shares of North American Construction Group from an “outperform” rating to a “strong-buy” rating and set a C$40.00 target price on the stock in a research report on Tuesday. Seven research analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of C$37.63.

North American Construction Group Stock Down 0.4 %

Shares of NOA opened at C$29.11 on Friday. North American Construction Group has a 52 week low of C$22.68 and a 52 week high of C$34.87. The firm has a market cap of C$778.11 million, a P/E ratio of 15.91, a price-to-earnings-growth ratio of 0.79 and a beta of 1.59. The firm’s 50-day simple moving average is C$29.45 and its 200 day simple moving average is C$27.10. The company has a debt-to-equity ratio of 210.33, a quick ratio of 0.79 and a current ratio of 1.03.

North American Construction Group (TSE:NOA) (NYSE:NOA) last issued its earnings results on Wednesday, October 30th. The company reported C$1.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$1.10 by C$0.02. North American Construction Group had a net margin of 4.99% and a return on equity of 15.19%. The company had revenue of C$286.86 million for the quarter, compared to analysts’ expectations of C$294.95 million. During the same period in the prior year, the firm earned $0.50 EPS.

North American Construction Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Investors of record on Friday, January 3rd were given a dividend of $0.12 per share. This is a positive change from North American Construction Group’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a $0.48 annualized dividend and a dividend yield of 1.65%. North American Construction Group’s dividend payout ratio (DPR) is currently 21.86%.

Insider Buying and Selling

In other news, Director Martin Robert Ferron purchased 2,900 shares of North American Construction Group stock in a transaction that occurred on Monday, November 18th. The shares were acquired at an average price of C$27.68 per share, for a total transaction of C$80,272.00. 8.93% of the stock is currently owned by company insiders.

North American Construction Group Company Profile

North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. The company operates Heavy Equipment – Canada, Heavy Equipment – Australia, and Other segments.