Stantec Inc. (NYSE:STN) Receives Average Rating of “Buy” from Brokerages

Stantec Inc. (NYSE:STN) (TSE:STN) has been given a consensus recommendation of “Buy” by the seven ratings firms that are currently covering the company, Marketbeat Ratings reports. Six investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $175.00.

A number of brokerages have recently issued reports on STN. Scotiabank reaffirmed an “outperform” rating on shares of Stantec in a research note on Thursday, January 22nd. Weiss Ratings raised shares of Stantec from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday. Wall Street Zen lowered shares of Stantec from a “strong-buy” rating to a “buy” rating in a report on Saturday, April 18th. Zacks Research upgraded shares of Stantec from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 14th. Finally, Royal Bank Of Canada upped their price target on shares of Stantec from $168.00 to $175.00 and gave the company an “outperform” rating in a report on Monday, March 2nd.

Stantec Price Performance

Shares of Stantec stock opened at $91.43 on Monday. Stantec has a 52-week low of $84.08 and a 52-week high of $114.51. The stock has a market capitalization of $10.43 billion, a price-to-earnings ratio of 30.27 and a beta of 1.06. The company has a fifty day moving average of $89.36 and a 200-day moving average of $96.16. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.23 and a current ratio of 1.23.

Stantec (NYSE:STN) (TSE:STN) last announced its quarterly earnings data on Wednesday, February 25th. The business services provider reported $0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.03. Stantec had a net margin of 5.90% and a return on equity of 17.56%. The company had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.65 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS. Equities research analysts expect that Stantec will post 4.47 EPS for the current year.

Stantec Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a dividend of $0.245 per share. The ex-dividend date was Tuesday, March 31st. This represents a $0.98 dividend on an annualized basis and a yield of 1.1%. This is an increase from Stantec’s previous quarterly dividend of $0.23. Stantec’s dividend payout ratio (DPR) is currently 23.18%.

Institutional Investors Weigh In On Stantec

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in STN. Westside Investment Management Inc. raised its holdings in Stantec by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 252 shares of the business services provider’s stock valued at $27,000 after buying an additional 126 shares during the last quarter. Allworth Financial LP grew its position in shares of Stantec by 223.9% in the 4th quarter. Allworth Financial LP now owns 298 shares of the business services provider’s stock worth $28,000 after buying an additional 206 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its position in shares of Stantec by 264.9% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 343 shares of the business services provider’s stock worth $32,000 after buying an additional 249 shares during the last quarter. Leonteq Securities AG bought a new stake in shares of Stantec in the 4th quarter worth approximately $37,000. Finally, Tower Research Capital LLC TRC grew its position in shares of Stantec by 423.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 508 shares of the business services provider’s stock worth $55,000 after buying an additional 411 shares during the last quarter. 63.86% of the stock is currently owned by institutional investors.

About Stantec

Stantec is a global design and consulting firm offering professional services in engineering, architecture, and environmental sciences. The company partners with public and private clients to deliver solutions spanning infrastructure, water, energy and resources, and community development. Through an integrated approach, Stantec manages projects from initial planning and conceptual design through construction and commissioning, focusing on sustainability and innovation.

The firm’s service portfolio includes civil infrastructure design, building systems engineering, environmental assessments, and project management.