Analysts Offer Predictions for NOA Q2 Earnings

North American Construction Group Ltd. (NYSE:NOA) (TSE:NOA) – Stock analysts at National Bank Financial issued their Q2 2025 earnings per share (EPS) estimates for North American Construction Group in a report released on Tuesday, December 3rd. National Bank Financial analyst M. Sytchev expects that the oil and gas company will post earnings of $0.64 per share for the quarter. The consensus estimate for North American Construction Group’s current full-year earnings is $2.79 per share.

Separately, CIBC upgraded North American Construction Group from a “neutral” rating to a “sector outperform” rating in a research note on Thursday.

North American Construction Group Stock Performance

North American Construction Group stock opened at $21.04 on Thursday. The firm has a market capitalization of $585.48 million, a P/E ratio of 14.61 and a beta of 1.49. The stock has a fifty day moving average price of $19.09 and a 200 day moving average price of $19.25. North American Construction Group has a 52 week low of $16.46 and a 52 week high of $25.92. The company has a current ratio of 1.13, a quick ratio of 0.88 and a debt-to-equity ratio of 1.85.

Institutional Investors Weigh In On North American Construction Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Polar Asset Management Partners Inc. boosted its position in shares of North American Construction Group by 59.8% in the third 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 buying an additional 639,857 shares during the period. National Bank of Canada FI boosted its position in shares of 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 worth $22,012,000 after buying an additional 480,885 shares during the period. AYAL Capital Advisors Ltd purchased a new stake in shares of North American Construction Group in the second quarter worth about $7,375,000. Bank of Montreal Can boosted its position in shares of North American Construction Group by 15.3% in 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 buying an additional 285,225 shares during the period. Finally, Millennium Management LLC boosted its position in shares of North American Construction Group by 240.4% in the second quarter. Millennium Management LLC now owns 225,336 shares of the oil and gas company’s stock worth $4,344,000 after buying an additional 159,142 shares during the period. 74.99% of the stock is currently owned by institutional investors and hedge funds.

North American Construction Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Wednesday, November 27th will be paid a dividend of $0.089 per share. The ex-dividend date of this dividend is Wednesday, November 27th. This is a positive change from North American Construction Group’s previous quarterly dividend of $0.07. This represents a $0.36 annualized dividend and a yield of 1.69%. North American Construction Group’s dividend payout ratio is currently 24.31%.

About North American Construction Group

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.