Stantec (NYSE:STN) Issues Quarterly Earnings Results

Stantec (NYSE:STN) (TSE:STN) posted its quarterly earnings results on Wednesday. The business services provider reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.95 by $0.02, Zacks reports. Stantec had a return on equity of 17.56% and a net margin of 5.90%. Stantec updated its FY 2026 guidance to 4.370-4.490 EPS.

Stantec Stock Performance

Shares of STN traded down $5.30 during midday trading on Wednesday, reaching $78.01. 710,852 shares of the stock were exchanged, compared to its average volume of 339,698. The business’s 50-day moving average price is $89.12 and its 200 day moving average price is $95.19. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.23 and a quick ratio of 1.23. Stantec has a twelve month low of $77.41 and a twelve month high of $114.51. The company has a market capitalization of $8.90 billion, a price-to-earnings ratio of 25.83 and a beta of 1.06.

Stantec Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were given a dividend of $0.245 per share. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.3%. This is an increase from Stantec’s previous quarterly dividend of $0.23. The ex-dividend date was Tuesday, March 31st. Stantec’s payout ratio is presently 23.18%.

Institutional Trading of Stantec

Hedge funds and other institutional investors have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd increased its position in shares of Stantec by 264.9% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 343 shares of the business services provider’s stock worth $32,000 after purchasing an additional 249 shares in the last quarter. Tower Research Capital LLC TRC increased its position in shares of Stantec by 423.7% during the second quarter. Tower Research Capital LLC TRC now owns 508 shares of the business services provider’s stock worth $55,000 after purchasing an additional 411 shares in the last quarter. State of Wyoming acquired a new stake in shares of Stantec during the fourth quarter worth about $63,000. Kestra Advisory Services LLC acquired a new stake in shares of Stantec during the fourth quarter worth about $86,000. Finally, Danske Bank A S acquired a new stake in shares of Stantec during the third quarter worth about $89,000. Institutional investors and hedge funds own 63.86% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on STN. Weiss Ratings upgraded Stantec from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, May 1st. Scotiabank restated an “outperform” rating on shares of Stantec in a research note on Thursday, January 22nd. Zacks Research upgraded Stantec from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 14th. Royal Bank Of Canada raised their price target on Stantec from $168.00 to $175.00 and gave the company an “outperform” rating in a research note on Monday, March 2nd. Finally, Wall Street Zen upgraded Stantec from a “buy” rating to a “strong-buy” rating in a research note on Saturday. One investment analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $175.00.

Stantec Company Profile

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.