Raymond James Equities Analysts Raise Earnings Estimates for Bird Construction Inc. (TSE:BDT)

Bird Construction Inc. (TSE:BDT) – Raymond James boosted their Q1 2025 EPS estimates for shares of Bird Construction in a research note issued to investors on Thursday, October 10th. Raymond James analyst F. Bastien now forecasts that the company will earn $0.35 per share for the quarter, up from their previous estimate of $0.32. The consensus estimate for Bird Construction’s current full-year earnings is $2.59 per share. Raymond James also issued estimates for Bird Construction’s FY2025 earnings at $2.65 EPS, Q1 2026 earnings at $0.50 EPS, Q2 2026 earnings at $0.80 EPS, Q3 2026 earnings at $1.10 EPS, FY2026 earnings at $3.35 EPS and FY2027 earnings at $4.00 EPS.

Several other analysts also recently issued reports on BDT. ATB Capital upped their price objective on shares of Bird Construction from C$33.00 to C$35.00 in a report on Thursday. BMO Capital Markets lifted their price objective on Bird Construction from C$30.00 to C$35.00 in a research note on Thursday. CIBC increased their target price on Bird Construction from C$25.50 to C$26.00 in a research note on Friday, August 9th. Stifel Nicolaus raised their target price on Bird Construction from C$34.00 to C$37.00 in a report on Thursday. Finally, National Bankshares upped their price target on Bird Construction from C$23.00 to C$28.00 in a report on Thursday. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$31.88.

Bird Construction Price Performance

Shares of TSE:BDT opened at C$31.90 on Friday. Bird Construction has a fifty-two week low of C$10.06 and a fifty-two week 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 business has a 50-day moving average of C$23.73 and a two-hundred day moving average of C$22.87. The stock has a market capitalization of C$1.77 billion, a P/E ratio of 20.45, a P/E/G ratio of 0.53 and a beta of 1.05.

Bird Construction (TSE:BDT) last announced its quarterly earnings results on Wednesday, August 7th. The company reported C$0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.38 by C$0.04. The business had revenue of C$873.54 million during the quarter, compared to analyst estimates of C$772.65 million. Bird Construction had a return on equity of 26.97% and a net margin of 2.68%.

Bird Construction Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, November 20th. Stockholders of record on Wednesday, November 20th will be issued a dividend of $0.0467 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date of this dividend is Thursday, October 31st. Bird Construction’s payout ratio is 35.90%.

About Bird Construction

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.