North American Construction Group Ltd. Plans Quarterly Dividend of $0.12 (TSE:NOA)

North American Construction Group Ltd. (TSE:NOA) (NYSE:NOA) announced a quarterly dividend on Thursday, March 26th, TickerTech Dividends reports. Stockholders of record on Thursday, April 9th will be paid a dividend of 0.12 per share on Thursday, April 9th. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Thursday, March 26th.

North American Construction Group Stock Up 4.5%

North American Construction Group stock opened at C$19.59 on Tuesday. The company has a market capitalization of C$541.49 million, a PE ratio of 17.18, a PEG ratio of 0.79 and a beta of 0.70. North American Construction Group has a 12-month low of C$16.45 and a 12-month high of C$24.90. The firm’s fifty day moving average is C$21.26 and its 200 day moving average is C$20.27. The company has a quick ratio of 0.79, a current ratio of 0.88 and a debt-to-equity ratio of 201.83.

North American Construction Group (TSE:NOA) (NYSE:NOA) last released its quarterly earnings data on Wednesday, March 11th. The company reported C($0.14) earnings per share (EPS) for the quarter. The company had revenue of C$305.58 million for the quarter. North American Construction Group had a return on equity of 7.88% and a net margin of 2.63%. As a group, sell-side analysts predict that North American Construction Group will post 4.0597484 EPS for the current fiscal year.

Analyst Ratings Changes

NOA has been the subject of a number of analyst reports. TD Securities cut their price target on North American Construction Group from C$21.00 to C$19.00 and set a “hold” rating for the company in a research note on Friday, December 19th. Canaccord Genuity Group raised North American Construction Group from a “hold” rating to a “buy” rating and set a C$20.00 target price on the stock in a research report on Friday, March 13th. Canadian Imperial Bank of Commerce decreased their price target on North American Construction Group from C$22.00 to C$20.00 in a report on Tuesday, December 30th. Raymond James Financial dropped their price objective on North American Construction Group from C$26.00 to C$24.00 and set an “outperform” rating on the stock in a research note on Friday, March 13th. Finally, National Bank Financial set a C$28.00 target price on shares of North American Construction Group and gave the stock an “outperform” rating in a research note on Monday, December 22nd. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, North American Construction Group has an average rating of “Moderate Buy” and an average target price of C$22.14.

North American Construction Group Company Profile

North American Construction Group Ltd is Canada’s provider of heavy civil construction and mining contractors. The company has provided services to the oil, natural gas and resource companies.