Stantec Inc. (STN) Scheduled to Post Earnings on Thursday
Stantec Inc. (TSE:STN) (NYSE:STN) is scheduled to post its quarterly earnings results before the market opens on Thursday, November 9th. Analysts expect Stantec to post earnings of C$0.56 per share for the quarter.
The company also recently announced a quarterly dividend, which was paid on Thursday, October 12th. Investors of record on Friday, September 29th were given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date was Thursday, September 28th.
A number of equities research analysts recently issued reports on STN shares. Royal Bank Of Canada reiterated a “sector perform” rating and set a C$40.00 target price on shares of Stantec in a research report on Monday, October 23rd. TD Securities increased their target price on shares of Stantec from C$36.00 to C$38.00 and gave the stock a “hold” rating in a research report on Thursday, August 10th. Scotiabank set a C$40.00 target price on shares of Stantec and gave the stock an “outperform” rating in a research report on Thursday, August 10th. Canaccord Genuity increased their target price on shares of Stantec from C$34.00 to C$36.00 in a research report on Tuesday. Finally, CIBC increased their target price on shares of Stantec from C$36.00 to C$37.00 in a research report on Thursday, August 10th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Stantec has an average rating of “Buy” and an average target price of C$37.63.
In related news, Director Donald James Lowry acquired 3,000 shares of the firm’s stock in a transaction on Thursday, August 17th. The shares were purchased at an average price of C$33.50 per share, with a total value of C$100,500.00. Also, Director Paul Jeremy David Alpern sold 1,498 shares of the stock in a transaction dated Friday, August 18th. The stock was sold at an average price of C$33.99, for a total transaction of C$50,917.02.
ILLEGAL ACTIVITY WARNING: “Stantec Inc. (STN) Scheduled to Post Earnings on Thursday” was published by TheOlympiaReport and is the property of of TheOlympiaReport. If you are reading this news story on another publication, it was illegally copied and republished in violation of United States & international copyright law. The legal version of this news story can be viewed at https://theolympiareport.com/2017/11/02/stantec-inc-stn-scheduled-to-post-earnings-on-thursday.html.
Stantec Company Profile
Stantec Inc is a provider of professional services in the area of infrastructure and facilities for clients in the public and private sectors. The Company’s operates through four segments Consulting Services-Canada, Consulting Services-United States, Consulting Services-Global and Construction Services.
Receive News & Ratings for Stantec Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stantec Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.