Stantec Inc. (NYSE:STN) Receives Average Rating of “Moderate Buy” from Analysts

Stantec Inc. (NYSE:STN) (TSE:STN) has earned a consensus rating of “Moderate Buy” from the eight analysts that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company.

A number of equities research analysts have issued reports on the stock. Royal Bank Of Canada reissued an “outperform” rating on shares of Stantec in a report on Monday, November 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Stantec in a research report on Wednesday, January 21st. CIBC reissued an “outperform” rating on shares of Stantec in a report on Monday, October 20th. Scotiabank restated an “outperform” rating on shares of Stantec in a research note on Thursday, January 22nd. Finally, Zacks Research raised Stantec from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 21st.

Stantec Trading Down 0.3%

Shares of STN opened at $100.63 on Friday. Stantec has a fifty-two week low of $73.18 and a fifty-two week high of $114.51. The business has a 50-day moving average of $96.62 and a 200 day moving average of $104.81. The firm has a market cap of $11.48 billion, a P/E ratio of 33.10 and a beta of 1.10. 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 (NYSE:STN) (TSE:STN) last issued its earnings results 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 net margin of 6.06% and a return on equity of 17.37%. The firm had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.71 billion. Stantec has set its FY 2025 guidance at 3.784-3.880 EPS. As a group, research analysts forecast that Stantec will post 3.05 EPS for the current year.

Stantec Increases Dividend

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

Institutional Inflows and Outflows

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

About Stantec

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.