What is Stifel Canada’s Estimate for Stantec Q4 Earnings?

Stantec Inc. (NYSE:STN) (TSE:STN) – Equities research analysts at Stifel Canada cut their Q4 2024 earnings estimates for shares of Stantec in a note issued to investors on Sunday, November 10th. Stifel Canada analyst I. Gillies now expects that the business services provider will post earnings of $0.73 per share for the quarter, down from their previous forecast of $0.74. The consensus estimate for Stantec’s current full-year earnings is $3.07 per share. Stifel Canada also issued estimates for Stantec’s Q2 2025 earnings at $0.94 EPS, Q3 2025 earnings at $0.95 EPS, Q4 2025 earnings at $0.84 EPS and FY2026 earnings at $3.87 EPS.

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

Stantec Trading Up 2.9 %

NYSE:STN opened at $82.96 on Tuesday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.51. Stantec has a 1-year low of $67.54 and a 1-year high of $88.42. The firm has a market capitalization of $9.46 billion, a price-to-earnings ratio of 37.71 and a beta of 1.02. The business’s 50-day moving average price is $81.35 and its two-hundred day moving average price is $82.41.

Stantec Increases Dividend

The firm also recently announced 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 a positive change from Stantec’s previous quarterly dividend of $0.15. Stantec’s dividend payout ratio (DPR) is currently 28.18%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Triad Wealth Partners LLC bought a new stake in shares of Stantec during the 2nd quarter valued at $51,000. Northwestern Mutual Wealth Management Co. bought a new stake in Stantec during the second quarter valued at about $71,000. Blue Trust Inc. lifted its holdings in Stantec by 802.8% in the 3rd quarter. Blue Trust Inc. now owns 975 shares of the business services provider’s stock worth $81,000 after purchasing an additional 867 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in Stantec by 45.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,037 shares of the business services provider’s stock worth $83,000 after purchasing an additional 326 shares in the last quarter. Finally, UniSuper Management Pty Ltd increased its holdings in shares of Stantec by 100.0% in the first quarter. UniSuper Management Pty Ltd now owns 1,600 shares of the business services provider’s stock worth $133,000 after purchasing an additional 800 shares during the last quarter. Hedge funds and other institutional investors own 63.86% of the company’s stock.

About Stantec

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.