Raymond James Brokers Raise Earnings Estimates for Stantec

Stantec Inc. (NYSE:STN) (TSE:STN) – Investment analysts at Raymond James increased their Q1 2025 earnings estimates for shares of Stantec in a note issued to investors on Wednesday, February 26th. Raymond James analyst F. Bastien now expects that the business services provider will post earnings per share of $0.76 for the quarter, up from their previous forecast of $0.71. Raymond James currently has a “Outperform” rating on the stock. The consensus estimate for Stantec’s current full-year earnings is $3.05 per share. Raymond James also issued estimates for Stantec’s Q1 2025 earnings at $0.76 EPS, Q2 2025 earnings at $0.92 EPS, Q3 2025 earnings at $1.09 EPS, Q4 2025 earnings at $0.91 EPS, Q4 2025 earnings at $0.91 EPS and FY2025 earnings at $3.68 EPS.

STN has been the topic of a number of other reports. Canaccord Genuity Group upgraded shares of Stantec from a “hold” rating to a “buy” rating in a report on Monday, November 11th. Canaccord Genuity Group upgraded shares of Stantec from a “hold” rating to a “buy” rating in a report on Monday, November 11th. Finally, StockNews.com upgraded shares of Stantec from a “hold” rating to a “buy” rating in a report on Saturday, November 16th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Stantec presently has a consensus rating of “Buy”.

Stantec Stock Performance

Shares of NYSE STN opened at $85.27 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.42 and a current ratio of 1.42. The company has a market cap of $9.73 billion, a P/E ratio of 38.76 and a beta of 1.01. The firm’s fifty day moving average is $78.36 and its two-hundred day moving average is $81.02. Stantec has a 52-week low of $73.18 and a 52-week high of $90.24.

Stantec Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 28th will be paid a $0.1574 dividend. This is a boost from Stantec’s previous quarterly dividend of $0.16. This represents a $0.63 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date is Friday, March 28th. Stantec’s dividend payout ratio (DPR) is presently 26.18%.

Hedge Funds Weigh In On Stantec

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Mackenzie Financial Corp grew its stake in shares of Stantec by 166.5% in the 4th quarter. Mackenzie Financial Corp now owns 22,342,818 shares of the business services provider’s stock worth $1,751,093,000 after buying an additional 13,958,790 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Stantec by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 4,575,078 shares of the business services provider’s stock worth $358,951,000 after buying an additional 74,976 shares in the last quarter. Bank of Montreal Can boosted its stake in shares of Stantec by 9.5% during the 4th quarter. Bank of Montreal Can now owns 3,496,408 shares of the business services provider’s stock worth $273,970,000 after purchasing an additional 302,979 shares during the period. The Manufacturers Life Insurance Company boosted its stake in shares of Stantec by 19.3% during the 4th quarter. The Manufacturers Life Insurance Company now owns 3,344,994 shares of the business services provider’s stock worth $262,791,000 after purchasing an additional 542,305 shares during the period. Finally, Royal Bank of Canada boosted its stake in shares of Stantec by 9.5% during the 4th quarter. Royal Bank of Canada now owns 3,008,962 shares of the business services provider’s stock worth $236,055,000 after purchasing an additional 261,705 shares during the period. 63.86% of the stock is owned by hedge funds and other institutional investors.

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.