Stifel Canada Analysts Raise Earnings Estimates for TSE:BDT

Bird Construction Inc. (TSE:BDT) – Stifel Canada increased their Q4 2024 earnings per share estimates for shares of Bird Construction in a note issued to investors 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 prior 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 released 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 company had revenue of C$898.94 million during the quarter, compared to analysts’ expectations of C$961.37 million. Bird Construction had a return on equity of 26.97% and a net margin of 2.68%.

A number of other equities analysts have also weighed in on BDT. TD Securities boosted their price objective on shares of Bird Construction from C$31.00 to C$36.00 in a research report on Thursday, October 10th. Cibc World Mkts upgraded Bird Construction to a “hold” rating in a report on Friday, August 9th. ATB Capital raised their price objective on Bird Construction from C$33.00 to C$35.00 in a report on Thursday, October 10th. Stifel Nicolaus lifted their price objective on Bird Construction from C$37.00 to C$38.00 in a research report on Thursday. Finally, Raymond James increased their target price on Bird Construction from C$30.00 to C$35.00 in a research report on Thursday, October 10th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Bird Construction has a consensus rating of “Moderate Buy” and an average price target of C$32.44.

Bird Construction Trading Down 1.6 %

Shares of BDT stock opened at C$29.08 on Friday. The company has a market capitalization 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. The company has a current ratio of 1.25, a quick ratio of 1.20 and a debt-to-equity ratio of 70.40. The firm has a 50-day moving average price of C$26.35 and a 200 day moving average price of C$24.50. Bird Construction has a twelve month low of C$11.41 and a twelve month high of C$32.67.

Bird Construction Increases Dividend

The company also recently announced 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. The ex-dividend date is Friday, November 29th. This represents a $0.84 dividend on an annualized basis and a yield of 2.89%. This is a boost from Bird Construction’s previous monthly dividend of $0.05. Bird Construction’s dividend payout ratio (DPR) is presently 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.