Brokerages forecast that Stantec Inc. (NYSE:STN) (TSE:STN) will post $0.41 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for Stantec’s earnings, with the lowest EPS estimate coming in at $0.35 and the highest estimate coming in at $0.45. Stantec reported earnings of $0.43 per share during the same quarter last year, which would suggest a negative year over year growth rate of 4.7%. The business is expected to announce its next quarterly earnings results on Thursday, November 8th.

On average, analysts expect that Stantec will report full-year earnings of $1.35 per share for the current fiscal year, with EPS estimates ranging from $1.28 to $1.38. For the next year, analysts expect that the business will report earnings of $1.68 per share, with EPS estimates ranging from $1.63 to $1.76. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that cover Stantec.

Stantec (NYSE:STN) (TSE:STN) last released its quarterly earnings results on Wednesday, August 8th. The business services provider reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.10). The business had revenue of $703.54 million during the quarter, compared to analyst estimates of $705.24 million. Stantec had a return on equity of 10.09% and a net margin of 2.58%.

STN has been the subject of several research reports. CIBC lowered Stantec from a “sector outperform” rating to a “neutral” rating in a research note on Thursday, July 5th. Zacks Investment Research upgraded Stantec from a “hold” rating to a “buy” rating and set a $29.00 price objective for the company in a research note on Wednesday, July 11th. ValuEngine upgraded Stantec from a “sell” rating to a “hold” rating in a research note on Tuesday, September 18th. Finally, TheStreet upgraded Stantec from a “c+” rating to a “b-” rating in a research note on Monday, July 2nd. One analyst has rated the stock with a sell rating and three have assigned a hold rating to the company. Stantec currently has a consensus rating of “Hold” and an average target price of $34.50.

NYSE STN opened at $24.41 on Wednesday. The stock has a market capitalization of $2.83 billion, a P/E ratio of 17.99 and a beta of 1.57. Stantec has a twelve month low of $24.05 and a twelve month high of $29.25. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.43.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 11th. Shareholders of record on Friday, September 28th were paid a dividend of $0.106 per share. The ex-dividend date was Thursday, September 27th. This represents a $0.42 annualized dividend and a yield of 1.74%. Stantec’s dividend payout ratio (DPR) is currently 30.88%.

A number of large investors have recently bought and sold shares of the business. Caisse DE Depot ET Placement DU Quebec increased its stake in Stantec by 16.6% during the 2nd quarter. Caisse DE Depot ET Placement DU Quebec now owns 7,141,012 shares of the business services provider’s stock worth $183,540,000 after buying an additional 1,014,400 shares in the last quarter. Grandeur Peak Global Advisors LLC grew its position in shares of Stantec by 8.1% in the second quarter. Grandeur Peak Global Advisors LLC now owns 1,969,798 shares of the business services provider’s stock valued at $50,710,000 after purchasing an additional 147,725 shares in the last quarter. Van Berkom & Associates Inc. grew its position in shares of Stantec by 4.0% in the second quarter. Van Berkom & Associates Inc. now owns 1,340,580 shares of the business services provider’s stock valued at $34,421,000 after purchasing an additional 51,728 shares in the last quarter. TD Asset Management Inc. grew its position in shares of Stantec by 54.7% in the second quarter. TD Asset Management Inc. now owns 1,034,040 shares of the business services provider’s stock valued at $26,577,000 after purchasing an additional 365,729 shares in the last quarter. Finally, Bank of Montreal Can grew its position in shares of Stantec by 8.3% in the second quarter. Bank of Montreal Can now owns 461,806 shares of the business services provider’s stock valued at $11,845,000 after purchasing an additional 35,461 shares in the last quarter. Institutional investors own 58.34% of the company’s stock.

Stantec Company Profile

Stantec Inc provides professional consulting services in the area of infrastructure and facilities for clients in the public and private sectors in Canada, the United States, and internationally. It operates through four segments: Consulting Services ? Canada, Consulting Services ? United States, Consulting Services ? Global, and Construction Services.

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Earnings History and Estimates for Stantec (NYSE:STN)

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