Stantec Q1 EPS Forecast Lifted by National Bank Financial

Stantec Inc. (NYSE:STN) (TSE:STN) – Analysts at National Bank Financial upped their Q1 2025 earnings estimates for Stantec in a report released on Tuesday, April 8th. National Bank Financial analyst M. Sytchev now anticipates that the business services provider will post earnings of $0.77 per share for the quarter, up from their previous forecast of $0.70. The consensus estimate for Stantec’s current full-year earnings is $3.05 per share.

Separately, Raymond James raised Stantec from a “market perform” rating to an “outperform” rating in a report on Wednesday, February 26th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy”.

Stantec Stock Performance

Shares of STN stock opened at $83.32 on Friday. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.54. The company’s fifty day moving average price is $81.24 and its 200-day moving average price is $81.44. The stock has a market cap of $9.50 billion, a PE ratio of 37.87 and a beta of 1.00. Stantec has a 12 month low of $73.18 and a 12 month high of $90.24.

Institutional Trading of Stantec

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its stake in shares of Stantec by 7.3% in the 4th quarter. JPMorgan Chase & Co. now owns 580,736 shares of the business services provider’s stock worth $45,559,000 after acquiring an additional 39,671 shares during the period. Canoe Financial LP raised its holdings in Stantec by 1,011.1% during the fourth quarter. Canoe Financial LP now owns 83,755 shares of the business services provider’s stock worth $6,567,000 after purchasing an additional 76,217 shares in the last quarter. Toronto Dominion Bank boosted its holdings in Stantec by 198.4% in the 3rd quarter. Toronto Dominion Bank now owns 378,119 shares of the business services provider’s stock valued at $30,405,000 after purchasing an additional 251,407 shares in the last quarter. Wellington Management Group LLP increased its position in Stantec by 12.7% during the 4th quarter. Wellington Management Group LLP now owns 407,626 shares of the business services provider’s stock worth $31,965,000 after purchasing an additional 45,900 shares during the period. Finally, Steward Partners Investment Advisory LLC raised its stake in shares of Stantec by 8.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,739 shares of the business services provider’s stock worth $293,000 after buying an additional 300 shares in the last quarter. Institutional investors and hedge funds own 63.86% of the company’s stock.

Stantec Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 28th will be given a $0.1574 dividend. This is an increase from Stantec’s previous quarterly dividend of $0.16. This represents a $0.63 annualized dividend and a yield of 0.76%. The ex-dividend date is Friday, March 28th. Stantec’s payout ratio is currently 26.61%.

Stantec Company Profile

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.