Raymond James Has Pessimistic Outlook of TSE:NOA Q1 Earnings

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

NOA has been the topic of a number of other research reports. Canaccord Genuity Group lifted their price objective on North American Construction Group from C$32.00 to C$33.00 in a research note on Friday, December 6th. National Bankshares raised their target price on shares of North American Construction Group from C$39.00 to C$40.00 and gave the company an “outperform” rating in a report on Friday, November 1st. ATB Capital decreased their price target on shares of North American Construction Group from C$40.00 to C$38.00 in a research note on Friday, November 1st. Cibc World Mkts upgraded shares of North American Construction Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, December 5th. Finally, CIBC upgraded shares of North American Construction Group from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from C$30.00 to C$38.00 in a report on Thursday, December 5th. Eight research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of C$37.63.

North American Construction Group Stock Performance

The stock has a 50 day moving average price of C$26.67 and a 200-day moving average price of C$26.52. North American Construction Group has a 52-week low of C$22.68 and a 52-week high of C$34.87. The stock has a market capitalization of C$793.08 million, a P/E ratio of 16.21, a P/E/G ratio of 0.79 and a beta of 1.59. 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 Increases Dividend

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

Insider Buying and Selling

In other North American Construction Group news, Director Martin Robert Ferron acquired 2,900 shares of the business’s stock in a transaction on Monday, November 18th. The shares were bought at an average price of C$27.68 per share, with a total value of C$80,272.00. 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.