Equities Analysts Offer Predictions for TSE:NOA Q1 Earnings

North American Construction Group Ltd. (TSE:NOA) (NYSE:NOA) – Equities research analysts at Raymond James lowered their Q1 2025 earnings estimates for North American Construction Group in a report issued on Friday, December 6th. Raymond James analyst F. Bastien now expects that the company will post earnings per share of $1.07 for the quarter, down from their previous estimate of $1.22. The consensus estimate for North American Construction Group’s current full-year earnings is $4.06 per share.

A number of other equities analysts have also recently issued reports on NOA. ATB Capital dropped their price target on North American Construction Group from C$40.00 to C$38.00 in a research note on Friday, November 1st. CIBC raised shares of North American Construction Group from a “neutral” rating to an “outperform” rating and upped their target price for the company from C$30.00 to C$38.00 in a report on Thursday. Canaccord Genuity Group raised their price target on North American Construction Group from C$32.00 to C$33.00 in a report on Friday. Cibc World Mkts upgraded North American Construction Group from a “hold” rating to a “strong-buy” rating in a report on Thursday. Finally, National Bankshares upped their price target on shares of North American Construction Group from C$39.00 to C$40.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Eight equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of C$37.63.

North American Construction Group Stock Down 0.5 %

Shares of TSE:NOA opened at C$29.40 on Monday. The company has a debt-to-equity ratio of 210.33, a current ratio of 1.03 and a quick ratio of 0.79. The stock has a market cap of C$785.86 million, a price-to-earnings ratio of 16.07, a P/E/G ratio of 0.79 and a beta of 1.59. The company has a 50 day moving average of C$26.56 and a 200-day moving average of C$26.50. North American Construction Group has a one year low of C$22.68 and a one year high of C$34.87.

Insider Buying and Selling

In related news, Director Martin Robert Ferron purchased 3,000 shares of the firm’s stock in a transaction on Tuesday, September 10th. The stock was purchased at an average cost of C$24.15 per share, with a total value of C$72,460.80. Insiders purchased a total of 11,900 shares of company stock valued at $320,617 in the last three months. Insiders own 8.93% of the company’s stock.

North American Construction Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Friday, January 3rd will be given a $0.12 dividend. This is a boost from North American Construction Group’s previous quarterly dividend of $0.10. This represents a $0.48 annualized dividend and a yield of 1.63%. The ex-dividend date is Wednesday, November 27th. North American Construction Group’s dividend payout ratio is 21.86%.

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.