Desjardins Issues Pessimistic Forecast for Stantec Earnings

Stantec Inc. (NYSE:STN) (TSE:STN) – Investment analysts at Desjardins cut their FY2025 earnings per share (EPS) estimates for shares of Stantec in a research note issued on Sunday, November 10th. Desjardins analyst B. Poirier now anticipates that the business services provider will post earnings of $3.43 per share for the year, down from their previous estimate 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.

STN has been the subject of several other reports. StockNews.com downgraded Stantec from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Raymond James lowered shares of Stantec from a “moderate buy” rating to a “hold” rating in a report on Thursday, August 8th. Canaccord Genuity Group upgraded Stantec from a “hold” rating to a “buy” rating in a report on Monday. Canaccord Genuity Group upgraded Stantec from a “hold” rating to a “buy” rating in a report on Monday. Finally, Scotiabank began coverage on Stantec in a report on Friday, October 25th. They set a “sector outperform” rating for the company. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Stantec Stock Performance

Shares of Stantec stock opened at $82.30 on Wednesday. The stock’s fifty day simple moving average is $81.37 and its 200 day simple moving average is $82.41. 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 company has a market capitalization of $9.39 billion, a PE ratio of 37.41 and a beta of 1.02. Stantec has a 12 month low of $67.54 and a 12 month high of $88.42.

Institutional Trading of Stantec

A number of hedge funds have recently made changes to their positions in the business. Triad Wealth Partners LLC acquired a new position in shares of Stantec during the 2nd quarter worth approximately $51,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Stantec in the second quarter valued at $71,000. Blue Trust Inc. raised its position in shares of Stantec by 802.8% in the third quarter. Blue Trust Inc. now owns 975 shares of the business services provider’s stock valued at $81,000 after purchasing an additional 867 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of Stantec by 45.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,037 shares of the business services provider’s stock worth $83,000 after buying an additional 326 shares during the last quarter. Finally, UniSuper Management Pty Ltd lifted its stake in shares of Stantec by 100.0% during the 1st quarter. UniSuper Management Pty Ltd now owns 1,600 shares of the business services provider’s stock worth $133,000 after buying an additional 800 shares during the last quarter. 63.86% of the stock is owned by institutional investors and hedge funds.

Stantec Increases Dividend

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

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.