Desjardins Has Bullish Forecast for Aecon Group Q3 Earnings

Aecon Group Inc. (TSE:ARE) – Equities researchers at Desjardins increased their Q3 2025 earnings estimates for Aecon Group in a research note issued to investors on Thursday, April 24th. Desjardins analyst B. Poirier now expects that the company will earn $0.59 per share for the quarter, up from their previous estimate of $0.54. Desjardins currently has a “Buy” rating and a $29.00 price target on the stock. The consensus estimate for Aecon Group’s current full-year earnings is $1.38 per share. Desjardins also issued estimates for Aecon Group’s Q4 2025 earnings at $0.34 EPS.

ARE has been the topic of a number of other research reports. Stifel Nicolaus reduced their target price on Aecon Group from C$16.00 to C$14.00 in a research note on Friday, April 25th. National Bankshares upgraded Aecon Group from a “sector perform” rating to an “outperform” rating in a research report on Monday, March 10th. CIBC decreased their price objective on Aecon Group from C$31.00 to C$24.00 in a report on Friday, April 25th. National Bank Financial raised Aecon Group from a “hold” rating to a “strong-buy” rating in a research note on Sunday, March 9th. Finally, Royal Bank of Canada decreased their price target on shares of Aecon Group from C$18.00 to C$17.00 in a research note on Friday, April 25th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of C$22.90.

Aecon Group Price Performance

Shares of TSE:ARE opened at C$15.91 on Monday. The company’s fifty day moving average price is C$18.22 and its 200-day moving average price is C$23.22. The company has a debt-to-equity ratio of 32.84, a current ratio of 1.19 and a quick ratio of 1.27. The firm has a market capitalization of C$1.01 billion, a price-to-earnings ratio of -15.65, a PEG ratio of 18.18 and a beta of 1.13. Aecon Group has a one year low of C$13.03 and a one year high of C$29.70.

Aecon Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Wednesday, April 2nd were paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 4.78%. The ex-dividend date of this dividend was Friday, March 21st. Aecon Group’s dividend payout ratio (DPR) is -74.76%.

Insider Activity

In other Aecon Group news, Director Stuart Lee purchased 5,700 shares of the company’s stock in a transaction that occurred on Monday, March 10th. The stock was bought at an average price of C$18.35 per share, with a total value of C$104,595.00. Insiders own 0.82% of the company’s stock.

About Aecon Group

Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects, mainly in the transportation sector. Its concessions segment is engaged in the development, financing, construction, and operation of infrastructure projects.