FY2024 EPS Estimates for TSE:BDT Lifted by Atb Cap Markets

Bird Construction Inc. (TSE:BDT) – Equities researchers at Atb Cap Markets boosted their FY2024 earnings per share estimates for Bird Construction in a research report issued on Wednesday, November 6th. Atb Cap Markets analyst C. Murray now forecasts that the company will earn $2.04 per share for the year, up from their prior estimate of $2.03. The consensus estimate for Bird Construction’s current full-year earnings is $2.76 per share. Atb Cap Markets also issued estimates for Bird Construction’s Q4 2024 earnings at $0.72 EPS, Q1 2025 earnings at $0.41 EPS, Q2 2025 earnings at $0.69 EPS, FY2025 earnings at $2.88 EPS, Q1 2026 earnings at $0.51 EPS, Q2 2026 earnings at $0.83 EPS, Q3 2026 earnings at $1.08 EPS and FY2026 earnings at $3.45 EPS.

Bird Construction (TSE:BDT) last announced its quarterly earnings data on Tuesday, November 5th. The company reported C$0.69 EPS for the quarter, beating the consensus estimate of C$0.67 by C$0.02. The firm had revenue of C$898.94 million for the quarter, compared to the consensus estimate of C$961.37 million. Bird Construction had a net margin of 2.68% and a return on equity of 26.97%.

BDT has been the topic of several other research reports. National Bankshares increased their price target on Bird Construction from C$23.00 to C$28.00 in a report on Thursday, October 10th. TD Securities boosted their price target on Bird Construction from C$31.00 to C$36.00 in a report on Thursday, October 10th. Cibc World Mkts upgraded shares of Bird Construction to a “hold” rating in a report on Friday, August 9th. BMO Capital Markets increased their target price on Bird Construction from C$30.00 to C$35.00 in a research report on Thursday, October 10th. Finally, Raymond James 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. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of C$32.44.

Bird Construction Trading Down 1.6 %

Shares of Bird Construction stock opened at C$29.08 on Friday. The firm has a market cap of C$1.61 billion, a price-to-earnings ratio of 18.64, a PEG ratio of 0.53 and a beta of 1.05. Bird Construction has a twelve month low of C$11.41 and a twelve month high of C$32.67. The business has a 50-day moving average price of C$26.35 and a 200-day moving average price of C$24.50. The company has a quick ratio of 1.20, a current ratio of 1.25 and a debt-to-equity ratio of 70.40.

Bird Construction Increases Dividend

The company 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 $0.07 dividend. This represents a $0.84 annualized dividend and a dividend yield of 2.89%. The ex-dividend date of this dividend is Friday, November 29th. 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.