Raymond James Equities Analysts Boost Earnings Estimates for Aecon Group Inc. (TSE:ARE)

Aecon Group Inc. (TSE:ARE) – Stock analysts at Raymond James upped their FY2025 earnings per share (EPS) estimates for Aecon Group in a note issued to investors on Tuesday, July 2nd. Raymond James analyst F. Bastien now forecasts that the company will post earnings per share of $1.70 for the year, up from their previous forecast of $1.50. Raymond James has a “Market Perform” rating and a $17.00 price objective on the stock. The consensus estimate for Aecon Group’s current full-year earnings is $0.91 per share. Raymond James also issued estimates for Aecon Group’s Q4 2025 earnings at $0.88 EPS.

ARE has been the subject of several other research reports. Canaccord Genuity Group decreased their price target on Aecon Group from C$26.00 to C$25.00 and set a “buy” rating for the company in a research note on Wednesday. National Bankshares increased their price target on Aecon Group from C$15.00 to C$18.00 and gave the stock a “sector perform” rating in a research note on Friday, April 26th. Stifel Nicolaus raised their target price on Aecon Group from C$16.25 to C$16.50 in a research note on Wednesday. BMO Capital Markets cut Aecon Group from an “outperform” rating to a “market perform” rating and decreased their target price for the company from C$18.50 to C$17.50 in a research note on Tuesday. Finally, Desjardins decreased their target price on Aecon Group from C$20.00 to C$18.00 and set a “buy” rating for the company in a research note on Tuesday. Seven research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Aecon Group currently has a consensus rating of “Hold” and a consensus target price of C$18.32.

Aecon Group Trading Up 3.5 %

TSE:ARE opened at C$14.50 on Thursday. Aecon Group has a 1 year low of C$8.42 and a 1 year high of C$17.40. The stock has a market cap of C$902.92 million, a price-to-earnings ratio of 6.74, a PEG ratio of 18.18 and a beta of 1.19. The business has a fifty day moving average of C$16.64 and a 200-day moving average of C$15.49. The company has a debt-to-equity ratio of 28.71, a quick ratio of 1.27 and a current ratio of 1.50.

Aecon Group (TSE:ARE) last released its quarterly earnings results on Wednesday, April 24th. The company reported C($0.10) earnings per share (EPS) for the quarter, topping the consensus estimate of C($0.14) by C$0.04. Aecon Group had a return on equity of 16.62% and a net margin of 3.77%. The company had revenue of C$846.59 million during the quarter, compared to analysts’ expectations of C$1.03 billion.

Aecon Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Wednesday, July 3rd were paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.24%. The ex-dividend date of this dividend was Friday, June 21st. Aecon Group’s dividend payout ratio (DPR) is presently 35.35%.

Aecon Group Company Profile

Aecon Group Inc, together with its subsidiaries, provide construction and infrastructure development services to private and public sector clients in Canada, the United States, and internationally. It operates through two segments, Construction and Concessions. The Construction segment focuses on civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure, and conventional industrial infrastructure market sectors.