Stantec Inc. (NYSE:STN) Receives $175.00 Consensus PT from Brokerages

Shares of Stantec Inc. (NYSE:STN) (TSE:STN) have been given an average rating of “Moderate Buy” by the seven ratings firms that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $175.00.

A number of research firms have weighed in on STN. Scotiabank reiterated an “outperform” rating on shares of Stantec in a research note on Thursday, January 22nd. Wall Street Zen upgraded shares of Stantec from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 31st. Weiss Ratings cut shares of Stantec from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 6th. Zacks Research raised shares of Stantec from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 21st. Finally, Royal Bank Of Canada raised their price target on shares of Stantec from $168.00 to $175.00 and gave the stock an “outperform” rating in a research note on Monday, March 2nd.

Stantec Trading Up 2.1%

Shares of STN opened at $88.26 on Thursday. The stock’s 50-day moving average price is $90.49 and its 200 day moving average price is $97.95. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $10.07 billion, a price-to-earnings ratio of 29.22 and a beta of 1.12. Stantec has a 12-month low of $84.08 and a 12-month high of $114.51.

Stantec (NYSE:STN) (TSE:STN) last announced its quarterly earnings data on Wednesday, February 25th. The business services provider reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.03. The company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.65 billion. Stantec had a return on equity of 17.56% and a net margin of 5.90%.Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. As a group, research analysts predict that Stantec will post 3.05 earnings per share for the current year.

Stantec Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a dividend of $0.245 per share. This is a boost from Stantec’s previous quarterly dividend of $0.23. The ex-dividend date is Tuesday, March 31st. This represents a $0.98 annualized dividend and a dividend yield of 1.1%. Stantec’s dividend payout ratio is 23.18%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of STN. Westside Investment Management Inc. grew its holdings in shares of Stantec by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 252 shares of the business services provider’s stock worth $27,000 after purchasing an additional 126 shares during the last quarter. Allworth Financial LP grew its position in Stantec by 223.9% during the 4th quarter. Allworth Financial LP now owns 298 shares of the business services provider’s stock worth $28,000 after acquiring an additional 206 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its position in 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 during the last quarter. Leonteq Securities AG acquired a new stake in Stantec during the 4th quarter valued at $37,000. Finally, Tower Research Capital LLC TRC increased its holdings in Stantec by 423.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 508 shares of the business services provider’s stock valued at $55,000 after purchasing an additional 411 shares in the last quarter. 63.86% of the stock is currently owned by institutional investors and hedge funds.

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.