Desjardins Has Negative Forecast for Stantec FY2025 Earnings

Stantec Inc. (NYSE:STN) (TSE:STN) – Analysts at Desjardins dropped their FY2025 EPS estimates for Stantec in a report released on Sunday, November 10th. Desjardins analyst B. Poirier now forecasts that the business services provider will post earnings of $3.43 per share for the year, down from their previous estimate of $3.46. The consensus estimate for Stantec’s current full-year earnings is $3.10 per share. Desjardins also issued estimates for Stantec’s FY2026 earnings at $3.96 EPS.

Several other analysts have also issued reports on the company. Canaccord Genuity Group upgraded Stantec from a “hold” rating to a “buy” rating in a research note on Monday. Raymond James cut Stantec from a “moderate buy” rating to a “hold” rating in a research note on Thursday, August 8th. Canaccord Genuity Group upgraded shares of Stantec from a “hold” rating to a “buy” rating in a research report on Monday. Scotiabank initiated coverage on shares of Stantec in a research report on Friday, October 25th. They issued a “sector outperform” rating on the stock. Finally, StockNews.com downgraded shares of Stantec from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Stantec Price Performance

STN opened at $82.59 on Wednesday. The firm has a market cap of $9.42 billion, a P/E ratio of 37.54 and a beta of 1.02. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.39 and a current ratio of 1.42. Stantec has a fifty-two week low of $67.54 and a fifty-two week high of $88.42. The firm has a 50-day moving average of $81.42 and a 200 day moving average of $82.41.

Stantec Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a $0.155 dividend. This represents a $0.62 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date of this dividend is Tuesday, December 31st. This is a boost from Stantec’s previous quarterly dividend of $0.15. Stantec’s payout ratio is currently 28.18%.

Institutional Inflows and Outflows

A number of 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 second quarter worth approximately $51,000. Northwestern Mutual Wealth Management Co. bought a new stake in Stantec in the second quarter worth $71,000. Blue Trust Inc. lifted its stake in Stantec by 802.8% in the third quarter. Blue Trust Inc. now owns 975 shares of the business services provider’s stock worth $81,000 after purchasing an additional 867 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in Stantec by 45.9% during the first quarter. EverSource Wealth Advisors LLC now owns 1,037 shares of the business services provider’s stock valued at $83,000 after buying an additional 326 shares during the period. Finally, UniSuper Management Pty Ltd grew its stake in shares of Stantec by 100.0% during the first quarter. UniSuper Management Pty Ltd now owns 1,600 shares of the business services provider’s stock valued at $133,000 after buying an additional 800 shares during the last quarter. Institutional investors own 63.86% of the company’s stock.

Stantec Company Profile

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.