FY2025 EPS Forecast for Bird Construction Raised by Analyst

Bird Construction Inc. (TSE:BDT) – Stock analysts at National Bank Financial raised their FY2025 earnings per share (EPS) estimates for Bird Construction in a research note issued on Wednesday, November 6th. National Bank Financial analyst M. Sytchev now anticipates that the company will earn $2.74 per share for the year, up from their previous forecast of $2.56. The consensus estimate for Bird Construction’s current full-year earnings is $2.76 per share.

Bird Construction (TSE:BDT) last announced its quarterly earnings results 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 analyst estimates 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 research analysts also recently issued reports on BDT. ATB Capital lifted their price target on Bird Construction from C$33.00 to C$35.00 in a report on Thursday, October 10th. Stifel Nicolaus lifted their target price on Bird Construction from C$37.00 to C$38.00 in a research note on Thursday, November 7th. Raymond James increased their price target on shares of Bird Construction from C$30.00 to C$35.00 in a research report on Thursday, October 10th. Cibc World Mkts raised shares of Bird Construction to a “hold” rating in a research report on Friday, August 9th. Finally, TD Securities increased their target price on shares of Bird Construction from C$31.00 to C$36.00 in a research report on Thursday, October 10th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$32.44.

Bird Construction Stock Up 1.4 %

Shares of Bird Construction stock opened at C$29.50 on Monday. Bird Construction has a 1 year low of C$11.55 and a 1 year high of C$32.67. The company has a debt-to-equity ratio of 70.40, a current ratio of 1.25 and a quick ratio of 1.20. The stock has a market cap of C$1.63 billion, a price-to-earnings ratio of 18.91, a PEG ratio of 0.53 and a beta of 1.05. The firm’s 50-day moving average is C$26.48 and its two-hundred day moving average is C$24.61.

Bird Construction Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, December 20th. Shareholders of record on Friday, December 20th will be given a dividend of $0.07 per share. The ex-dividend date is Friday, November 29th. This represents a $0.84 dividend on an annualized basis and a yield of 2.85%. This is a boost 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.