FY2025 Earnings Estimate for Stantec Issued By Desjardins

Stantec Inc. (NYSE:STN) (TSE:STN) – Equities research analysts at Desjardins decreased their FY2025 earnings estimates for shares of Stantec in a research note issued on Sunday, November 10th. Desjardins analyst B. Poirier now forecasts that the business services provider will post earnings per share of $3.43 for the year, down from their prior forecast of $3.46. The consensus estimate for Stantec’s current full-year earnings is $3.10 per share. Desjardins also issued estimates for Stantec’s FY2026 earnings at $3.96 EPS.

A number of other research firms have also commented on STN. StockNews.com lowered Stantec from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. Scotiabank initiated coverage on Stantec in a report on Friday, October 25th. They set a “sector outperform” rating for the company. Canaccord Genuity Group raised Stantec from a “hold” rating to a “buy” rating in a research note on Monday. Canaccord Genuity Group raised shares of Stantec from a “hold” rating to a “buy” rating in a research report on Monday. Finally, Raymond James cut shares of Stantec from a “moderate buy” rating to a “hold” rating in a research report on Thursday, August 8th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Stantec Stock Performance

Stantec stock opened at $82.59 on Wednesday. The company has a current ratio of 1.42, a quick ratio of 1.39 and a debt-to-equity ratio of 0.54. The firm has a market cap of $9.42 billion, a P/E ratio of 37.54 and a beta of 1.02. Stantec has a 1-year low of $67.54 and a 1-year high of $88.42. The firm has a 50-day moving average of $81.42 and a 200-day moving average of $82.41.

Stantec Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a dividend of $0.155 per share. The ex-dividend date is Tuesday, December 31st. This is a positive change from Stantec’s previous quarterly dividend of $0.15. This represents a $0.62 annualized dividend and a dividend yield of 0.75%. Stantec’s payout ratio is currently 28.18%.

Institutional Trading of Stantec

Hedge funds have recently modified their holdings of the business. Bridgewater Associates LP increased its position in Stantec by 24.3% during the 3rd quarter. Bridgewater Associates LP now owns 5,014 shares of the business services provider’s stock valued at $404,000 after buying an additional 980 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Stantec by 19.5% during the third quarter. BNP Paribas Financial Markets now owns 11,052 shares of the business services provider’s stock valued at $889,000 after acquiring an additional 1,800 shares in the last quarter. Quantbot Technologies LP raised its position in shares of Stantec by 98.1% in the 3rd quarter. Quantbot Technologies LP now owns 19,818 shares of the business services provider’s stock worth $1,594,000 after purchasing an additional 9,814 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in Stantec by 121.3% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 2,802,689 shares of the business services provider’s stock valued at $225,537,000 after purchasing an additional 1,536,475 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new stake in Stantec during the 3rd quarter valued at about $655,000. Institutional investors own 63.86% of the company’s stock.

About Stantec

Stantec Inc provides professional services in the areas of infrastructure and facilities to the public and private sectors in Canada, the United States, and internationally. It offers evaluation, planning, and designing infrastructure solutions; solutions for sustainable water resources, planning, management, and infrastructure; environmental services; integrated architecture, engineering, interior design, and planning solutions for buildings; and energy and resources solutions.