Raymond James Has Negative Outlook of TSE:NOA Q1 Earnings

North American Construction Group Ltd. (TSE:NOA) (NYSE:NOA) – Equities research analysts at Raymond James dropped their Q1 2025 earnings per share estimates for North American Construction Group in a research report issued on Friday, December 6th. Raymond James analyst F. Bastien now anticipates that the company will earn $1.07 per share for the quarter, down from their prior forecast of $1.22. The consensus estimate for North American Construction Group’s current full-year earnings is $4.06 per share.

Other equities analysts also recently issued reports about the company. CIBC upgraded North American Construction Group from a “neutral” rating to an “outperform” rating and raised their price target for the stock from C$30.00 to C$38.00 in a research note on Thursday, December 5th. ATB Capital cut their price target on North American Construction Group from C$40.00 to C$38.00 in a research note on Friday, November 1st. National Bankshares upped their price target on shares of North American Construction Group from C$39.00 to C$40.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Canaccord Genuity Group raised their price objective on shares of North American Construction Group from C$32.00 to C$33.00 in a report on Friday, December 6th. Finally, Cibc World Mkts raised shares of North American Construction Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, December 5th. Eight analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of C$37.63.

North American Construction Group Stock Performance

The company has a quick ratio of 0.79, a current ratio of 1.03 and a debt-to-equity ratio of 210.33. North American Construction Group has a fifty-two week low of C$22.68 and a fifty-two week high of C$34.87. The stock has a market capitalization of C$793.08 million, a PE ratio of 16.21, a P/E/G ratio of 0.79 and a beta of 1.59. The stock has a 50-day moving average of C$26.67 and a 200 day moving average of C$26.52.

North American Construction Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Friday, January 3rd will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of ∞. This is an increase from North American Construction Group’s previous quarterly dividend of $0.10. The ex-dividend date is Wednesday, November 27th. North American Construction Group’s dividend payout ratio (DPR) is presently 21.86%.

Insider Activity at North American Construction Group

In other North American Construction Group news, Director Martin Robert Ferron bought 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The shares were bought at an average price of C$27.98 per share, with a total value of C$167,884.20. 8.93% of the stock is owned by corporate insiders.

North American Construction Group Company Profile

North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. The company operates Heavy Equipment – Canada, Heavy Equipment – Australia, and Other segments.