FY2025 Earnings Estimate for Stantec Issued By Desjardins

Stantec Inc. (NYSE:STN) (TSE:STN) – Equities researchers at Desjardins lifted their FY2025 EPS estimates for Stantec in a report released on Tuesday, February 25th. Desjardins analyst B. Poirier now anticipates that the business services provider will post earnings of $3.58 per share for the year, up from their prior estimate of $3.43. The consensus estimate for Stantec’s current full-year earnings is $3.05 per share. Desjardins also issued estimates for Stantec’s FY2025 earnings at $3.58 EPS.

STN has been the subject of a number of other reports. Raymond James raised shares of Stantec from a “market perform” rating to an “outperform” rating in a research note on Wednesday. Canaccord Genuity Group raised shares of Stantec from a “hold” rating to a “buy” rating in a research note on Monday, November 11th. Canaccord Genuity Group raised shares of Stantec from a “hold” rating to a “buy” rating in a research note on Monday, November 11th. Finally, StockNews.com raised shares of Stantec from a “hold” rating to a “buy” rating in a research note on Saturday, November 16th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

Stantec Stock Up 0.7 %

NYSE:STN opened at $85.27 on Friday. Stantec has a 1-year low of $73.18 and a 1-year high of $90.24. The company has a 50-day moving average of $78.36 and a 200 day moving average of $81.02. The firm has a market cap of $9.73 billion, a PE ratio of 38.76 and a beta of 1.01. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.42 and a quick ratio of 1.42.

Stantec Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 28th will be issued a $0.1574 dividend. The ex-dividend date of this dividend is Friday, March 28th. This is an increase from Stantec’s previous quarterly dividend of $0.16. This represents a $0.63 dividend on an annualized basis and a yield of 0.74%. Stantec’s payout ratio is currently 26.18%.

Hedge Funds Weigh In On Stantec

A number of large investors have recently added to or reduced their stakes in STN. Tower Research Capital LLC TRC increased its holdings in shares of Stantec by 632.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 491 shares of the business services provider’s stock valued at $39,000 after acquiring an additional 424 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of Stantec by 802.8% during the third quarter. Blue Trust Inc. now owns 975 shares of the business services provider’s stock valued at $81,000 after acquiring an additional 867 shares in the last quarter. Natixis increased its holdings in shares of Stantec by 114.8% during the fourth quarter. Natixis now owns 1,781 shares of the business services provider’s stock valued at $140,000 after acquiring an additional 952 shares in the last quarter. US Bancorp DE increased its holdings in shares of Stantec by 30.3% during the third quarter. US Bancorp DE now owns 2,122 shares of the business services provider’s stock valued at $171,000 after acquiring an additional 493 shares in the last quarter. Finally, Envestnet Asset Management Inc. acquired a new position in shares of Stantec during the fourth quarter valued at about $205,000. 63.86% of the stock is currently owned by institutional investors.

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.