Stantec (NYSE:STN) Posts Earnings Results, Beats Estimates By $0.02 EPS

Stantec (NYSE:STNGet Free Report) (TSE:STN) released its quarterly earnings results on Wednesday. The business services provider reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.02, Zacks reports. Stantec had a return on equity of 17.56% and a net margin of 5.90%. Stantec updated its FY 2026 guidance to 4.370-4.490 EPS.

Stantec Price Performance

Shares of NYSE:STN traded down $5.30 during trading on Wednesday, hitting $78.01. 710,852 shares of the stock were exchanged, compared to its average volume of 339,698. The company has a fifty day moving average price of $89.12 and a two-hundred day moving average price of $95.19. The company has a market cap of $8.90 billion, a PE ratio of 25.83 and a beta of 1.06. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.47. Stantec has a 12-month low of $77.41 and a 12-month high of $114.51.

Stantec Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were issued a $0.245 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.98 dividend on an annualized basis and a yield of 1.3%. This is a boost from Stantec’s previous quarterly dividend of $0.23. Stantec’s dividend payout ratio is presently 23.18%.

Institutional Investors Weigh In On Stantec

Institutional investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd boosted its stake in shares of Stantec by 264.9% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 343 shares of the business services provider’s stock worth $32,000 after acquiring an additional 249 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Stantec by 423.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 508 shares of the business services provider’s stock worth $55,000 after acquiring an additional 411 shares in the last quarter. State of Wyoming purchased a new stake in shares of Stantec during the 4th quarter worth approximately $63,000. Kestra Advisory Services LLC purchased a new stake in shares of Stantec during the 4th quarter worth approximately $86,000. Finally, Danske Bank A S purchased a new stake in shares of Stantec during the 3rd quarter worth approximately $89,000. Hedge funds and other institutional investors own 63.86% of the company’s stock.

Wall Street Analysts Forecast Growth

STN has been the topic of a number of research reports. Zacks Research raised Stantec from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 14th. Wall Street Zen raised Stantec from a “buy” rating to a “strong-buy” rating in a report on Saturday. Weiss Ratings raised Stantec from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, May 1st. Royal Bank Of Canada raised their price target on Stantec from $168.00 to $175.00 and gave the stock an “outperform” rating in a report on Monday, March 2nd. Finally, Scotiabank reissued an “outperform” rating on shares of Stantec in a report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $175.00.

View Our Latest Stock Report on Stantec

About Stantec

(Get Free Report)

Stantec is a global design and consulting firm offering professional services in engineering, architecture, and environmental sciences. The company partners with public and private clients to deliver solutions spanning infrastructure, water, energy and resources, and community development. Through an integrated approach, Stantec manages projects from initial planning and conceptual design through construction and commissioning, focusing on sustainability and innovation.

The firm’s service portfolio includes civil infrastructure design, building systems engineering, environmental assessments, and project management.

See Also

Earnings History for Stantec (NYSE:STN)

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