FY2026 EPS Estimates for Aecon Group Decreased by Desjardins

Aecon Group Inc. (TSE:ARE) – Desjardins decreased their FY2026 earnings per share (EPS) estimates for shares of Aecon Group in a research note issued to investors on Sunday, November 3rd. Desjardins analyst B. Poirier now forecasts that the company will earn $2.31 per share for the year, down from their prior forecast of $2.46. The consensus estimate for Aecon Group’s current full-year earnings is $1.38 per share.

ARE has been the topic of a number of other reports. Canaccord Genuity Group lifted their target price on shares of Aecon Group from C$28.00 to C$33.00 in a report on Monday. National Bank Financial raised shares of Aecon Group from a “hold” rating to a “strong-buy” rating in a report on Sunday, July 28th. ATB Capital increased their target price on shares of Aecon Group from C$21.00 to C$29.00 and gave the stock an “outperform” rating in a research note on Monday, September 16th. TD Securities upgraded Aecon Group from a “hold” rating to a “buy” rating and boosted their price target for the company from C$23.00 to C$35.00 in a research report on Monday. Finally, National Bankshares raised Aecon Group from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from C$17.00 to C$20.50 in a research report on Monday, July 29th. Four investment analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Aecon Group currently has a consensus rating of “Moderate Buy” and an average price target of C$25.94.

Aecon Group Price Performance

Shares of TSE ARE opened at C$28.60 on Tuesday. The stock has a market cap of C$1.79 billion, a P/E ratio of -105.93, a P/E/G ratio of 18.18 and a beta of 1.13. Aecon Group has a twelve month low of C$10.30 and a twelve month high of C$28.79. The stock has a 50 day moving average of C$21.05 and a two-hundred day moving average of C$18.03. The company has a current ratio of 1.35, a quick ratio of 1.27 and a debt-to-equity ratio of 32.86.

Insider Buying and Selling at Aecon Group

In related news, Senior Officer Timothy John Murphy purchased 4,244 shares of the stock in a transaction dated Thursday, August 8th. The shares were acquired at an average cost of C$17.66 per share, with a total value of C$74,969.84. 0.82% of the stock is owned by corporate insiders.

Aecon Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Wednesday, October 2nd were given a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 2.66%. The ex-dividend date was Friday, September 20th. Aecon Group’s payout ratio is -281.48%.

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.