Scotiabank Forecasts Stantec’s FY2027 Earnings (NYSE:STN)

Stantec Inc. (NYSE:STN) (TSE:STN) – Investment analysts at Scotiabank issued their FY2027 earnings per share estimates for shares of Stantec in a report issued on Friday, January 23rd. Scotiabank analyst J. Goldman forecasts that the business services provider will post earnings per share of $4.77 for the year. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Stantec’s current full-year earnings is $3.05 per share.

Other equities research analysts have also recently issued research reports about the stock. Royal Bank Of Canada reissued an “outperform” rating on shares of Stantec in a research report on Monday, November 17th. CIBC reiterated an “outperform” rating on shares of Stantec in a report on Monday, October 20th. Wall Street Zen raised Stantec from a “buy” rating to a “strong-buy” rating in a research report on Friday, January 23rd. Zacks Research upgraded Stantec from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 21st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Stantec in a research note on Wednesday, January 21st. Seven analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Stantec Stock Up 1.0%

NYSE:STN opened at $101.01 on Monday. The company’s 50-day simple moving average is $96.53 and its 200-day simple moving average is $104.84. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.27 and a current ratio of 1.27. Stantec has a fifty-two week low of $73.18 and a fifty-two week high of $114.51. The stock has a market capitalization of $11.52 billion, a P/E ratio of 33.23 and a beta of 1.10.

Stantec (NYSE:STN) (TSE:STN) last issued its quarterly earnings data on Thursday, November 13th. The business services provider reported $1.11 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.11. Stantec had a return on equity of 17.37% and a net margin of 6.06%.The firm had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.71 billion. Stantec has set its FY 2025 guidance at 3.784-3.880 EPS.

Hedge Funds Weigh In On Stantec

Institutional investors have recently bought and sold shares of the business. Alliancebernstein L.P. grew its holdings in Stantec by 82.4% during the second quarter. Alliancebernstein L.P. now owns 3,449,311 shares of the business services provider’s stock worth $374,871,000 after acquiring an additional 1,558,703 shares during the period. Norges Bank purchased a new stake in Stantec in the 2nd quarter worth approximately $157,932,000. Bank of America Corp DE grew its stake in shares of Stantec by 80.4% during the 3rd quarter. Bank of America Corp DE now owns 870,352 shares of the business services provider’s stock worth $93,824,000 after purchasing an additional 387,927 shares during the period. Legal & General Group Plc increased its holdings in shares of Stantec by 44.5% during the 3rd quarter. Legal & General Group Plc now owns 802,897 shares of the business services provider’s stock valued at $86,609,000 after purchasing an additional 247,087 shares in the last quarter. Finally, Bank of Montreal Can lifted its stake in shares of Stantec by 6.6% in the 3rd quarter. Bank of Montreal Can now owns 3,566,821 shares of the business services provider’s stock valued at $384,584,000 after purchasing an additional 219,733 shares during the period. 63.86% of the stock is owned by hedge funds and other institutional investors.

Stantec Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were given a $0.225 dividend. This is an increase from Stantec’s previous quarterly dividend of $0.16. This represents a $0.90 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Wednesday, December 31st. Stantec’s payout ratio is currently 21.71%.

Stantec Company Profile

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.