Analysts Issue Forecasts for NOA Q1 Earnings

North American Construction Group Ltd. (NYSE:NOA) (TSE:NOA) – Equities researchers at National Bank Financial issued their Q1 2025 earnings per share (EPS) estimates for North American Construction Group in a report issued on Tuesday, December 3rd. National Bank Financial analyst M. Sytchev forecasts that the oil and gas company will post earnings of $0.67 per share for the quarter. The consensus estimate for North American Construction Group’s current full-year earnings is $2.79 per share. National Bank Financial also issued estimates for North American Construction Group’s Q3 2025 earnings at $0.72 EPS and Q4 2025 earnings at $0.84 EPS.

A number of other equities research analysts have also recently commented on the stock. CIBC upgraded shares of North American Construction Group from a “neutral” rating to a “sector outperform” rating in a research report on Thursday. Cibc World Mkts upgraded shares of North American Construction Group from a “hold” rating to a “strong-buy” rating in a report on Thursday.

North American Construction Group Trading Down 1.4 %

Shares of NOA stock opened at $20.76 on Friday. North American Construction Group has a fifty-two week low of $16.46 and a fifty-two week high of $25.92. The company has a debt-to-equity ratio of 1.85, a quick ratio of 0.88 and a current ratio of 1.13. The stock’s fifty day moving average is $19.13 and its two-hundred day moving average is $19.26. The firm has a market capitalization of $577.55 million, a P/E ratio of 14.41 and a beta of 1.49.

Hedge Funds Weigh In On North American Construction Group

A number of institutional investors have recently bought and sold shares of NOA. Bank of Montreal Can increased its stake in North American Construction Group by 15.3% during the third quarter. Bank of Montreal Can now owns 2,154,347 shares of the oil and gas company’s stock worth $40,519,000 after acquiring an additional 285,225 shares during the last quarter. Polar Asset Management Partners Inc. increased its position in shares of North American Construction Group by 59.8% during the 3rd quarter. Polar Asset Management Partners Inc. now owns 1,709,868 shares of the oil and gas company’s stock worth $31,981,000 after purchasing an additional 639,857 shares during the last quarter. CIBC Asset Management Inc increased its position in shares of North American Construction Group by 11.9% during the 3rd quarter. CIBC Asset Management Inc now owns 1,291,883 shares of the oil and gas company’s stock worth $24,167,000 after purchasing an additional 137,327 shares during the last quarter. Mackenzie Financial Corp raised its holdings in North American Construction Group by 3.3% in the 2nd quarter. Mackenzie Financial Corp now owns 1,232,145 shares of the oil and gas company’s stock valued at $23,762,000 after buying an additional 39,480 shares during the period. Finally, National Bank of Canada FI lifted its position in North American Construction Group by 69.1% in the third quarter. National Bank of Canada FI now owns 1,177,109 shares of the oil and gas company’s stock valued at $22,012,000 after buying an additional 480,885 shares during the last quarter. 74.99% of the stock is owned by hedge funds and other institutional investors.

North American Construction Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Wednesday, November 27th will be paid a $0.089 dividend. The ex-dividend date is Wednesday, November 27th. This is an increase from North American Construction Group’s previous quarterly dividend of $0.07. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.72%. North American Construction Group’s dividend payout ratio (DPR) is 24.31%.

North American Construction Group Company Profile

North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. The company operates Heavy Equipment – Canada, Heavy Equipment – Australia, and Other segments.