Raymond James Financial Comments on Aecon Group Q3 Earnings

Aecon Group Inc. (TSE:ARE) – Research analysts at Raymond James Financial decreased their Q3 2025 earnings estimates for shares of Aecon Group in a research report issued on Tuesday, October 21st. Raymond James Financial analyst F. Bastien now anticipates that the company will earn $0.46 per share for the quarter, down from their previous forecast of $0.59. The consensus estimate for Aecon Group’s current full-year earnings is $1.38 per share.

Several other research analysts have also recently commented on the stock. CIBC raised their target price on shares of Aecon Group from C$24.00 to C$29.00 and gave the stock an “outperform” rating in a report on Monday, October 6th. National Bankshares raised their target price on shares of Aecon Group from C$23.00 to C$26.00 and gave the stock an “outperform” rating in a report on Wednesday, September 24th. Desjardins lowered their target price on shares of Aecon Group from C$24.00 to C$22.00 and set a “buy” rating on the stock in a report on Tuesday, August 5th. BMO Capital Markets raised their target price on shares of Aecon Group from C$19.00 to C$22.00 in a report on Tuesday, July 22nd. Finally, ATB Capital lowered their target price on shares of Aecon Group from C$30.00 to C$28.00 and set an “outperform” rating on the stock in a report on Tuesday, August 5th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Aecon Group currently has an average rating of “Buy” and a consensus target price of C$24.91.

Aecon Group Stock Down 0.5%

Aecon Group stock opened at C$24.66 on Thursday. The stock has a market cap of C$1.57 billion, a P/E ratio of 58.71, a P/E/G ratio of 18.18 and a beta of 1.48. The company has a quick ratio of 1.27, a current ratio of 1.19 and a debt-to-equity ratio of 32.84. Aecon Group has a twelve month low of C$15.21 and a twelve month high of C$29.70. The company’s 50-day moving average price is C$22.66 and its two-hundred day moving average price is C$20.17.

Aecon Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, October 2nd were paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend was Monday, September 22nd. Aecon Group’s dividend payout ratio (DPR) is 180.95%.

Aecon Group Company Profile

Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects, mainly in the transportation sector. Its concessions segment is engaged in the development, financing, construction, and operation of infrastructure projects.