Brokers Issue Forecasts for Stantec’s Q4 Earnings (NYSE:STN)

Stantec Inc. (NYSE:STN) (TSE:STN) – Stock analysts at Stifel Canada reduced their Q4 2024 earnings per share (EPS) estimates for shares of Stantec in a research report issued on Sunday, November 10th. Stifel Canada analyst I. Gillies now expects that the business services provider will earn $0.73 per share for the quarter, down from their prior forecast of $0.74. The consensus estimate for Stantec’s current full-year earnings is $3.10 per share. Stifel Canada also issued estimates for Stantec’s Q2 2025 earnings at $0.94 EPS, Q3 2025 earnings at $0.95 EPS, Q4 2025 earnings at $0.84 EPS and FY2026 earnings at $3.87 EPS.

Several other research firms have also weighed in on STN. Canaccord Genuity Group raised Stantec from a “hold” rating to a “buy” rating in a research note on Monday. StockNews.com cut shares of Stantec from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. Raymond James lowered shares of Stantec from a “moderate buy” rating to a “hold” rating in a research report on Thursday, August 8th. Scotiabank initiated coverage on shares of Stantec in a report on Friday, October 25th. They set a “sector outperform” rating on the stock. Finally, Canaccord Genuity Group upgraded Stantec from a “hold” rating to a “buy” rating in a report on Monday. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Stantec currently has a consensus rating of “Moderate Buy”.

Stantec Price Performance

STN stock opened at $82.59 on Tuesday. The company has a market cap of $9.42 billion, a PE ratio of 37.54 and a beta of 1.02. The company has a current ratio of 1.42, a quick ratio of 1.39 and a debt-to-equity ratio of 0.54. The stock has a 50-day moving average price of $81.42 and a two-hundred day moving average price of $82.41. Stantec has a 12-month low of $67.54 and a 12-month high of $88.42.

Stantec Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be given a $0.155 dividend. This is an increase from Stantec’s previous quarterly dividend of $0.15. The ex-dividend date is Tuesday, December 31st. This represents a $0.62 annualized dividend and a yield of 0.75%. Stantec’s dividend payout ratio (DPR) is 28.18%.

Institutional Investors Weigh In On Stantec

Several hedge funds and other institutional investors have recently added to or reduced their stakes in STN. Triad Wealth Partners LLC purchased a new position in shares of Stantec during the 2nd quarter valued at approximately $51,000. Northwestern Mutual Wealth Management Co. bought a new position in Stantec during the 2nd quarter valued at $71,000. Blue Trust Inc. grew its holdings in Stantec by 802.8% during the 3rd quarter. Blue Trust Inc. now owns 975 shares of the business services provider’s stock worth $81,000 after acquiring an additional 867 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in Stantec by 45.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,037 shares of the business services provider’s stock worth $83,000 after acquiring an additional 326 shares in the last quarter. Finally, UniSuper Management Pty Ltd increased its position in shares of Stantec by 100.0% in the 1st quarter. UniSuper Management Pty Ltd now owns 1,600 shares of the business services provider’s stock worth $133,000 after purchasing an additional 800 shares during the last quarter. Hedge funds and other institutional investors own 63.86% of the company’s stock.

About Stantec

Stantec Inc provides professional services in the areas of infrastructure and facilities to the public and private sectors in Canada, the United States, and internationally. It offers evaluation, planning, and designing infrastructure solutions; solutions for sustainable water resources, planning, management, and infrastructure; environmental services; integrated architecture, engineering, interior design, and planning solutions for buildings; and energy and resources solutions.